David Ramirez
$1,799,000$1,999,0003 bd3 ba2,375 sqft$757 /sqft$11,865 /mo all-in ↓

565 SANCTUARY DRIVE UNIT B106, LONGBOAT KEY, FL, 34228

Active319 days on marketListed Sep 8, 2025MLS #A4664029

Reduced $200KWaterfrontCondominiumSANCTUARY II

About this home

565 SANCTUARY DRIVE UNIT B106

Nestled behind the exclusive gates of the Longboat Key Club, The Sanctuary enjoys an enviable location along a pristine stretch of Longboat Key’s Gulf beach. This exceptionally renovated 3BR, 3BA residence with nearly 2,400 square feet of living space is simply stunning. This corner residence features a thoughtful split-bedroom layout, elegant finishes and floor to ceiling high-impact glass leading to an open, wraparound terrace, where views of tropical palms and lush green space set the tone for outdoor dining, entertaining or a peaceful retreat. Inside, neutral tones with tasteful accents combine with walls of glass to create a bright, flowing ambiance. Trey ceilings, engineered hardwood flooring and tile in the baths add refined detail. The oversized kitchen is exceptional, with colorful cabinetry, stone countertops, and a large island with breakfast bar seating that opens seamlessly to the living room. Residents of the Sanctuary enjoy a recreational room, 24hr security guard, heated swimming pool, 2 Har-Tru tennis courts, and on-site management. Just steps away, the exclusive Longboat Key Club offers championship golf, a deep-water marina, a world-class spa, a private beach club, and fine dining, providing an unparalleled coastal lifestyle.

Facts & features

The home at a glance

3

Bedrooms

3

Bathrooms

2,375

Sqft

0.6 ac

Lot size

1

Garage

1989

Year built

One

Levels

$757

Per sqft

WaterfrontGarden & Golf Course viewPets allowed

Inside

FlooringEngineered Hardwood · Tile
AppliancesBuilt-In Oven · Cooktop · Microwave · Range Hood · Refrigerator · Wine Refrigerator
InteriorOpen Floorplan · Split Bedroom · Tray Ceiling(s)
LaundryElectric Dryer Hookup · Inside · Laundry Room · Washer Hookup
CoolingCentral Air
HeatingCentral · Electric

Outside & construction

RoofConcrete
ConstructionConcrete
FoundationPillar/Post/Pier
ViewGarden · Golf Course
FacesEast
ExteriorBalcony

Community & fees

Taxes (2024)$15,875/yr
PetsSize Limit, Yes
CommunityGulf/Ocean Front · Water Access · Waterfront · Association Recreation - Owned · Buyer Approval Required · Clubhouse · Community Mailbox · Deed Restrictions · Fitness Center · Gated Community - Guard · Golf Carts OK · Golf · Pool · Sidewalks · Tennis Court(s)

Utilities & systems

UtilitiesCable Available · Cable Connected · Electricity Connected · Sewer Connected · Underground Utilities · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$11,865 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$9,707
PMI (est., until 20% equity)$675
Property tax — 2024 actual bill$1,323
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $179,900Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $179,900
Interest rate6.00%
Loan term

Estimated payment

$11,865/mo

Principal & interest$9,707
PMI (est., until 20% equity)$675
Property taxes (actual bill)$1,323
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $1.8M
$1.6MedgeAI estimate $1,751,622 · range $1.7M$1.8M$1.9M

vs edgeAI estimate

+2.7%

$/sqft vs Longboat Key actives

$757 vs $696

Days on market

319 vs 95 typical

Where $757/sqft sits among the 276 Longboat Key actives

122
67 · this home
45
15
11
16
$351–640$640–930$930–1220$1220–1509$1509–1799$1799+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Longboat Key

Map of 565 SANCTUARY DRIVE UNIT B106

Drive times from this address

Downtown Tampa74 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Longboat Key. See the full Longboat Key guide →

LONGBOAT KEY 34228 — neighborhood snapshot

Population

7,512

Median age

71.5

Median income

$143,365

Median home value

$959,200

Avg household

1.8

Households w/ children

51%

For the school run

Sarasota County School District

HighBooker High School★★★★★
ElementarySouthside Elementary School★★★★★
MiddleBooker Middle School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Longboat Key market

Seller’s marketLeans buyer8.2 months of inventoryBuyer’s market

$820K$893K

Longboat Key median sold, yr/yr

92.8%

Sale-to-list ratio (12 mo)

114 of 276

Longboat Key actives have cut their price

Median sold price, Longboat Key, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 177% above the LONGBOAT KEY 34228 median. See the full Longboat Key market guide →

Paper trail

This home's history

CurrentPrice reduced to $1,799,000 $200K
Sep 8, 2025Listed at $1,999,000 · 319 days on market since
1989Built · SANCTUARY II

Reality check

What actually sold near 565 SANCTUARY DRIVE UNIT B106

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

565 SANCTUARY DRIVE UNIT B506Sold · Mar ’26

$2,100,000

565 SANCTUARY DRIVE UNIT B506 · same community

3 bd · 3 ba · 2,375 sqft · $884/sqft · 9 DOM

565 SANCTUARY DRIVE UNIT A203Sold · Dec ’25

$1,940,000

565 SANCTUARY DRIVE UNIT A203 · same community

3 bd · 2.5 ba · 2,375 sqft · $817/sqft · 301 DOM

2582 CHRISTOPHER DRIVESold · Apr ’26

$439,000

2582 CHRISTOPHER DRIVE · same community

4 bd · 2 ba · 2,539 sqft · $173/sqft · 25 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 565 SANCTUARY DRIVE UNIT B106 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 565 SANCTUARY DRIVE UNIT B106 — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

565 SANCTUARY DRIVE UNIT B106 FAQs

What would the monthly payment be for 565 SANCTUARY DRIVE UNIT B106?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $11,865/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 565 SANCTUARY DRIVE UNIT B106?+

The most recent tax bill on record (2024) was $15,875. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 565 SANCTUARY DRIVE UNIT B106?+

The listing reports pets: Size Limit, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Longboat Key?+

At $1,799,000, this home is listed about 87% above the Longboat Key median of $960,000. The market section on this page shows how the area is trending.

Which schools are assigned to 565 SANCTUARY DRIVE UNIT B106?+

Booker High School (high), Southside Elementary School (elementary), Booker Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$1,799,000 runs 177% above the LONGBOAT KEY 34228 median — but at 2,375 sqft it's also 57% larger than the typical Longboat Key listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

319 days on market against a Longboat Key median of 95 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Booker High School, Southside Elementary School, Booker Middle School — Southside Elementary School rates 5 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $1,999,000, now $1,799,000 — a $200K cut. The full history is in the market section below.

Listing courtesy of COLDWELL BANKER REALTY · Bruce Myer. MLS #A4664029.

IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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