535 Sanctuary DRIVE, #A202, Longboat Key, FL, 34228 | $2,680,000

The Sanctuary is a resort style community located behind the gates of Longboat Club Road. The community has over 1, 200 feet of Gulf of Mexico beachfront with chairs and umbrellas waiting for you to absorb this piece of paradise. Over 2, 500 sq, ft. of living space. Enjoy indoor/outdoor living at its best. Every room offers floor to ceiling windows with new Hunter Douglas Silhouette remote controlled shades. Open the East and West sliders to enjoy those coastal breezes. This condo has direct beach views from the main living space and primary bedroom. The kitchen and 2 guest bedrooms have garden views as well as their own access to the terrace. The luxurious primary bedroom offers sunset views, terrace access, walk-in closets and large ensuite. Enjoy the sunrise from the East terrace and the Gulf coast and sunset from the West terrace. This condo has room to entertain or retreat in to your own private sanctuary. Many new updates including new Bosch appliances and new water heater. New A/C's 2023. Complete list of updates are listed in attachments. Enjoy picturesque aqua seas and vibrant sunsets. 24/7 Gated Security, heated swimming pool and spa with large pool deck adorned with all new furniture for your pleasure. Enjoy the sauna, happy hour under the Cabanas, 2 Har-Tru tennis courts, 2 story clubhouse with fitness center, on-site management, and meeting facility. Active community with social activities. Over 18 acres of property. Climate controlled storage and one garage parking spot. New Roofs completed in 2024. Memberships to The Longboat Key Club can be purchased to have access to golf, tennis, restaurants, marina, fitness and Beachclub. St. Armand’s Circle and downtown Sarasota are only minutes away. Walk or bike to the Longboat Key Club or to the St. Regis. Don’t miss your chance to own a piece of paradise.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 8
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Storage, Tennis Court(s)
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Complex: SANCTUARY IV
  • Year Built: 1990
  • Approx Sq. Feet: 2,580
  • Acreage: 0.91
  • Est. Taxes: $8,698
  • Condo Fee: $8,303 Quarterly
  • Lot Desc: CoastalConstruction Control Line, Landscaped, Near Golf Course
  • View: Garden, Pool, Water
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • MLS#: A4629393
  • Days on Market: 21 days
  • Website: https://www.raveis.com
    /prop/A4629393/535sanctuarydrive_longboatkey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/26/2024 10:04:02 PM)
Listing courtesy of ANNA MARIA ISLAND BEACHES RE   Phone: 941-567-5234

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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535 Sanctuary DRIVE, #A202, Longboat Key, FL, 34228

$2,680,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,144,000 $2,144,000 $2,144,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.545% 6.748% 6.932%
Monthly Tax Payment $725 $725 $725
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,906 $13,728 $18,972
Total Monthly Payment $14,756 $14,578 $19,822

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.