535 Sanctuary Dr #A401, photo 1
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Overview

3 bd4 ba3,115 sqft1 car garageCondominium
TypeCondominium
Condo dues$3,179/mo
Built1990
Living area3,115 sqft
Price / sqft$1,048
Garage1 car

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About this home

Ceiling Fans(s)Crown MoldingEat-in KitchenOpen FloorplanSplit BedroomWalk-in Closet(s)Window TreatmentsBalcony

535 Sanctuary Dr #A401 is a 1990-built home in Sanctuary IV, Longboat Key. Inside you'll find 3 bedrooms, 4 bathrooms, and 3,115 square feet of living space. Listed at $3,265,000 (about $1,048/sqft), 220 days on market. Flood zone AE - confirm flood insurance requirements with your lender. Condo dues run $3,179 monthly.

From the listing

Welcome to the largest floor plan at Sanctuary, offering over 3,100 square feet of refined coastal elegance with breathtaking Gulf-to-Bay views. This exceptional residence captures both sunrises over the bay and sunsets over the Gulf, delivering a rare, full-spectrum waterfront experience. Designed for elevated living and effortless entertaining, the expansive open-concept floor plan seamlessly blends indoor and outdoor spaces. Walls of glass frame panoramic water views, filling the home with natural light and creating a stunning backdrop from nearly every room. The residence features: Three luxurious ensuite bedrooms, Three full bathrooms plus a beautifully appointed powder room, A grand living and dining area ideal for entertaining, A spacious chef’s kitchen perfectly positioned to enjoy the views, Two private balconies plus an impressive wrap-around balcony, providing multiple vantage points for morning coffee and evening sunsets. Every detail reflects sophisticated coastal design — generous proportions, seamless flow, and expansive outdoor living spaces that elevate the everyday into something extraordinary. This is more than a residence — it is a front-row seat to the Gulf, the Bay, and the beauty of sunrise to sunset living. Additional community features include a separate fully equipped recreation building with state of the art fitness, two lighted Har-Tru tennis courts, saunas, on-site management, and 24 hour guarded entry. All located behind the gates of the Longboat Key Club. Schedule your private preview!

The essentials

Built
1990
Price / sqft
$1,048
On market
220 days
Annual tax
$32,828
Condo dues
$3,179/mo
Flood zone
AE
Type
Condominium

At a glance

High-rise condo
8 stories · 1990
Waterfront
Beach Front
Community pool
Fitness center too
1 car garage
Garage Door Opener
Private balcony
Outdoor space

Payment

Est. monthly payment
$24,575/mo
Down payment (20%)
$653,000
Property taxes
$2,736/mo
Condo dues
$3,179/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1990
Lot
-
Cooling
Central Air
Heating
Central
Parking
Garage Door Opener, Guest, Basement
Waterfront
Beach Front
Days on Market
220
Ceiling Fans(s)
Crown Molding
Eat-in Kitchen
Open Floorplan
Split Bedroom
Walk-in Closet(s)
Window Treatments
Balcony
Lighting
Sidewalk
Storage
Tennis Court(s)
Association Recreation - Owned
Buyer Approval Required
Clubhouse
Community Mailbox
Deed Restrictions
Fitness Center
Gated Community - Guard
Pool
Sidewalks
Special Community Restrictions
Street Lights
Built-in Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Refrigerator
Washer
Wine Refrigerator
Elementary
Southside Elementary
Middle
Booker Middle
High
Booker High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE
Annual Tax (2025)
$32,828
Parcel #
0011083024

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Sanctuary IV
County
Sarasota
MLS Area
34228 - Longboat Key
Lot Size
-
Condo dues
$3,179/mo
Sanctuary Association Management / Lisa Heath

Price history

Date
Event
Price
3/5/2026
Listed for sale
Source: Stellar MLS #A4685033
$3,265,000
$1,048/sqft

Neighborhood

535 Sanctuary Dr #A401
Longboat Key, FL, 34228 · 34228 - Longboat Key

Market insights

Offer Insights

Choose an offer strength

List price: $3,265,000
$3.08M – $3.27M
94.3% – 100% of listTops out right at the list price
80% of listList price
69 of the last 136 condo closings in 34228 landed at this number or higher (51%). The median one sat 86 days before it went under contract, and this one is on day 220.

Sample: 136 closed condo sales in 34228 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$24,575/mo
Principal & interest$17,028
Property taxes$2,736
Insurance$1,633
HOA$3,179
Down payment20% · $653,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$3,265,000

$1,048 per sq ft

Beds and baths

3 beds, 4 baths

Size

3,115 sq ft

Time on market

220 days

Year built

1990

Monthly payment

About $24,575/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $32,828 annual tax bill, insurance, and $3,179/mo in condo dues.

Condo dues

$3,179/mo

Managed by Sanctuary Association Management / Lisa Heath.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

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Brokered byMICHAEL SAUNDERS & COMPANYListing agent: Susan AllianoListing data from Stellar MLS, MLS# A4685033.

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