Active
$2,899,000
Est. $19,392/mo

535 Sanctuary Dr #A603, Longboat Key, FL, 34228

$1,221/sqft·Sanctuary IV Longboat Key

3 bd3 ba2,375 sqft1 car garageCondominium
Listed by MICHAEL SAUNDERS & COMPANY· Last updated · MLS# A4689260

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Est. monthly payment
$19,392/mo
Down payment (20%)
$579,800
Property taxes
$2,823/mo
Rate assumed
6.8% · 30 yr
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At a glance

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

About this home

Ceiling Fans(s)Eat-in KitchenElevatorLiving Room/Dining Room ComboPrimary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsSplit Bedroom

535 Sanctuary Dr #A603 is a 1990-built home in Sanctuary IV Longboat Key, Longboat Key. Inside you'll find 3 bedrooms, 3 bathrooms, and 2,375 square feet of living space. Listed at $2,899,000 (about $1,221/sqft), 48 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

Welcome to refined coastal living at The Sanctuary—an exclusive gulf-side enclave tucked behind the gates of the Longboat Key Club. This beautifully updated 6th-floor residence offers 2BR plus den, 2.5BA, and over 2,375± sq. ft. of sophisticated interiors paired with sweeping wrap-around terraces that capture panoramic views of the Gulf of Mexico, the Links golf course, and the Sarasota skyline. Thoughtfully renovated with a designer’s eye, the residence showcases rich wood flooring, high-impact glass throughout, and light-filled living spaces that seamlessly connect indoors and out. The gourmet kitchen is both stylish and functional, featuring crisp cabinetry, solid-surface countertops, stainless appliances, and a center island ideal for casual dining or entertaining. The primary suite is a private retreat with terrace access, stunning Gulf views, a spacious walk-in closet, and a spa-inspired bath. Guests are comfortably accommodated in a separate suite, while the den offers flexibility for a home office or additional sleeping space. Residents enjoy a true resort lifestyle with private deeded beach access just steps away, 24-hour gated security, under-building parking, on-site management, heated pool and spa, Har-Tru tennis courts, and a fitness center. Ownership also places you within the coveted Longboat Key Club, with world-class golf, tennis, and beachfront amenities. Perfectly positioned on the south end of Longboat Key, you’re just minutes from the renowned shopping, dining, and social scene of St. Armands Circle, along with the vibrant arts, culture, and waterfront restaurants of downtown Sarasota. For those seeking a luxury Gulf Coast lifestyle defined by elegance, privacy, and activity, this exceptional residence delivers. Schedule your private showing today and experience The Sanctuary at Longboat Key firsthand. Bonus space is currently set up as a den with sleeper sofa and sliding door for privacy but can easily be converted back to a third bedroom with closet”.

The essentials

Built
1990
Price / sqft
$1,221
On market
143 days
Annual tax
$33,878
Flood zone
AE
Type
Condominium

Location

535 Sanctuary Dr #A603
Longboat Key, FL, 34228·34228 - Longboat Key
Type
Condominium
Year Built
1990
Lot
-
Cooling
Central Air
Heating
Central, Electric
Parking
Assigned, Covered, Deeded, Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Ground Level, Guest, Open, Portico, Reserved, Basement
Waterfront
Beach Front
Days on Market
143
Ceiling Fans(s)
Eat-in Kitchen
Elevator
Living Room/Dining Room Combo
Primary Bedroom Main Floor
Solid Surface Counters
Solid Wood Cabinets
Split Bedroom
Thermostat
Window Treatments
Balcony
Sliding Doors
Tennis Court(s)
Community Mailbox
Fitness Center
Gated Community - Guard
Pool
Street Lights
Built-in Oven
Dishwasher
Dryer
Electric Water Heater
Freezer
Range
Refrigerator
Washer

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)

$33,878

Parcel #

0011083042

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 Longboat Key

County

Sarasota

MLS Area

34228 - Longboat Key

Lot Size

-

CoastalConstruction Control LineFloodZoneLandscapedStreet BrickPavedPrivate
Date
Event
Price
6/2/2026
Price change
Source: Stellar MLS #A4689260
$2,899,000-3.3%
$1,221/sqft
4/21/2026
Listed for sale
Source: Stellar MLS #A4689260
$2,999,000
$1,263/sqft
Est. monthly payment$19,392/mo
Principal & interest$15,119
Property taxes$2,823
Insurance$1,450
Down payment20% · $579,800
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%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $2,899,000
$2.74M – $2.90M
94.4% – 100% of listTops out right at the list price
80% of listList price
57 of the last 112 condo closings in 34228 landed at this number or higher (51%). The median one sat 88 days before it went under contract, and this one is on day 143 after a $100,000 cut.

Sample: 112 closed condo sales in 34228 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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