The Sanctuary

Gulf-front luxury condos · Sarasota County · ZIP 34228

A Gulf-front luxury condo enclave inside the gates of the Longboat Key Club, where the building's milestone and reserve picture sets the number.

Gulf-front Longboat Key Club1989 to 1990 mid-rise condosMilestone and reserve read

Live Market Pulse

50/100
Momentum

Buyer-Leaning Market (limited data)

The Sanctuary is five mid-rise buildings of differing exposure and reserve posture, so the honest read is building by building and unit by unit, not one community average.

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Unlock Off-Market The Sanctuary

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Stellar MLS data14 years of closingsLocal renovation analysisUpdated twice daily

LiveMarket PulseStellar MLS

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Median Price

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Supply

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Avg DOM

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Seller Leverage

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Median $/Sqft

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1-Yr Price Change

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Distress

Jon's Current Read

"The Sanctuary is a Gulf-front condo community, so the read is different from a single-family enclave: the value is set by the specific building, the floor and exposure of the unit, and the association's milestone inspection, structural integrity reserve study, and insurance position far more than by the Sanctuary name. The community was built between 1989 and 1990 and sits inside the gates of the Longboat Key Club at the south end of the island, on a barrier island where flood zone, wind exposure, and post-Surfside reserve funding are the central diligence items. Your leverage is reading the association's reserves, any special assessment history, and the milestone status honestly, then matching the unit's exposure and condition to that math."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

The Sanctuary is a Gulf-front luxury condominium community at the south end of Longboat Key in Sarasota County, set behind the gates of the Longboat Key Club and Resort. It was built between 1989 and 1990 and is composed of 181 residences across five mid-rise buildings, addressed along Sanctuary Drive at ZIP 34228 (community and brokerage listings, 2026).

Units range from roughly 1,785 to 3,856 square feet, and the community fronts about 1,200 feet of beach with a heated pool and lap area, a spa, tennis courts, a fitness center, on-site management, and 24-hour gated security (community and brokerage descriptions, 2026). Members of the Longboat Key Club can reach championship golf, dining, tennis, and a marina nearby, though club membership is separate from condo ownership and should be confirmed.

Because this is a barrier-island condo built around 1990, the money is made or lost on the building and the association, not the headline. Florida's post-Surfside framework requires milestone inspections and a structural integrity reserve study for buildings of this height and age, and Longboat Key buildings have been funding reserves toward those requirements, which can drive higher dues and special assessments. The 2024 storm season also pushed insurance and recovery to the front of diligence on the island.

The pitch is Gulf-front living inside a private club community a short drive from St. Armands Circle and downtown Sarasota. The work is reading the specific building's milestone status, reserve funding, special assessment history, flood zone, and insurance before you fall for the view.

Quick Match

Who The Sanctuary is best for.

Best for

Owner-occupant buyers who want Gulf-front living inside a gated club community
Buyers who will read the association reserves and milestone status closely
Second-home buyers comfortable with barrier-island flood and insurance math
Buyers who value resort-style amenities and a short drive to St. Armands

Probably not for

Buyers who want a single-family lot rather than a condo association
Anyone unwilling to verify reserves, milestone status, and assessment history
Buyers who need to be inland or away from coastal flood and wind exposure
Buyers seeking a transient nightly rental operation rather than a residence

Market Pulse

How The Sanctuary is performing right now

50/100
momentum

Buyer-Leaning Market (limited data)

Seller's marketBalancedBuyer's market

0Months of supplytight

24Median days on marketdays

0 : 0Under contract vs for salestrong demand

0Sold in last 12 monthsliquidity

+127%Median price since 2012appreciation

+0%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Stellar MLS, as of June 30, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current The Sanctuary listings and the trailing twelve months of closed sales.

Where prices are going$850K2026 YTD

Median sale price by year. Tap a label to compare Gulfshore or Longboat Key. The 1-year price change is the median sold price over the most recent year versus the prior year, the same measure most listing sites and local Realtor reports use. It reflects the mix of homes that sold, not the change in any single home's value, which is why median price per square foot is shown alongside it to adjust for home size. In thinly traded neighborhoods, where a sale or two can swing the median, we lead with the mix-resistant price-per-square-foot trend instead.

Price per square foot$3072026 YTD

Median $/sqft by year. 2026 is year to date.

Supply and demand now0 : 0active : pending

For sale0

Pending0

Sold 12mo0

Active and pending listings now vs homes sold in the last 12 months.

8.6A- score

Momentum intelligence

Momentum buy score

Our proprietary read on how a home in The Sanctuary buys, holds, and resells. See the five factors.

Interactive Map

The Sanctuary on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

Listing locations from Stellar MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The Club & Membership

15-Second Take

Gulf-front community inside the Longboat Key Club gates
Heated pool with lap area, spa, and tennis on site
Fitness center, beach access, and on-site management
24-hour gated security at the community
Club golf, dining, and marina require separate membership

The Sanctuary is a Gulf-front condominium community rather than a single-family enclave, so the lifestyle is resort-style and amenity-rich within the gates of the Longboat Key Club. The community fronts roughly 1,200 feet of beach and offers a heated pool with a lap area, a spa, tennis courts, a fitness center, on-site management, and 24-hour gated security, with Longboat Key Club golf, dining, tennis, and a marina reachable nearby for members. Confirm current amenities, club membership terms, and association rules before you buy.

Nearby & Commute

How far is everything?

The takeaway

The Sanctuary trades barrier-island isolation for Gulf-front living inside a private club, a short drive over the bridges to St. Armands Circle, downtown Sarasota, and the SRQ airport.

Drive times from The Sanctuary at the south end of Longboat Key. They are approximate and vary with traffic, the season, and bridge timing.

St. Armands Circle~15 to 20 min · shopping and dining

Downtown Sarasota~20 to 25 min · via the bridges

Longboat Key Club golf and marina~3 to 5 min · members, nearby

Lido Beach~15 to 20 min · south on Gulf of Mexico Drive

Sarasota Memorial Hospital~25 to 30 min · main campus

Sarasota Bradenton International Airport~30 to 35 min · SRQ

Anna Maria Island~25 to 35 min · north end of the key

Distances and drive times are approximate and vary with traffic, the season, and your exact unit. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near The Sanctuary with Momentum Realty’s local guides.

BBBayport Beach & Tennis ClubLongboat Key, FL · 1.3 mi BIBeachplace ILongboat Key, FL · 1.8 mi LBLido BeachDiv B ResubSarasota, FL · 1.9 mi FBFairway Bay IIILongboat Key, FL · 1.9 mi FBFairway BayLongboat Key, FL · 2.0 mi LBLido BeachSarasota, FL · 2.2 mi AQAquaSarasota, FL · 2.7 mi LHLido HarbourSarasota, FL · 2.7 mi EVEvolutionSarasota, FL · 2.7 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr

The Sanctuary (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take

Sarasota County Public Schools
Verify the zoned schools by address
Magnet and choice options may be available
Confirm current ratings before relying on them
Private and parochial options nearby

The Sanctuary is served by Sarasota County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Public

Sarasota County Public Schools (verify by address)

Verifyrating

By address

Confirm zoned elementary, middle, and high

Verifyrating

Choice

Magnet and choice options may apply

Verifyrating

Buying with schools in mind? We can confirm the exact zoned schools for any The Sanctuary address.

The takeaway

What is actually shaping value at The Sanctuary: Florida's post-Surfside milestone and reserve rules for older mid-rise condos, the 2024 storm season and the island's insurance and recovery picture, and the Longboat Key Club setting at the south end of the island. Each item is sourced and linked.

Recent Developments in The Sanctuary

Development Intelligence

Our read on what is being built around The Sanctuary, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe Longboat Key Club location and Gulf frontage support durable demand, with the watch items being how association reserves and milestone repairs settle out and how barrier-island insurance prices in after the 2024 storms.

Post-Surfside milestone and reserve rules for older condos

2025

NeutralMajor impact

SignificanceRadius: Community

Milestone inspections and structural integrity reserve studies for buildings of this height and age drive dues and the risk of special assessments, so the association's posture is central.

Gulf-front setting inside the Longboat Key Club

Ongoing

BullishMajor impact

SignificanceRadius: Community

Direct beach frontage and a gated private club setting at the south end of the island support durable demand and defensibility.

2024 storm season and barrier-island insurance

2024 to 2025

NeutralNotable impact

SignificanceRadius: Area

The 2024 storms pushed insurance and recovery to the front of diligence on Longboat Key, so the master policy and premiums must be read per building.

St. Regis resort raises the south-island profile

2024

BullishNotable impact

SignificanceRadius: Area

The St. Regis Longboat Key Resort and Residences opened near the south end of the island, reinforcing the luxury positioning of the area.

Inventory and buyer leverage on the island

2025 to 2026

NeutralNotable impact

SignificanceRadius: Area

Longboat Key carried elevated inventory into 2026, which gives buyers more leverage and makes the building-level reserve and condition read decisive.

Flood zone and elevation are parcel specific

Ongoing

NeutralMinor impact

SignificanceRadius: Community

Flood zone and elevation vary by building on a barrier island, so the FEMA check and insurance quote are essential per building.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting The Sanctuary, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

June 2025
Regulation
Florida updates post-Surfside condo reserve law (HB 913)
Governor DeSantis signed House Bill 913 on June 23, 2025, updating the structural integrity reserve study framework, extending the initial SIRS deadline to December 31, 2025, and adjusting which assets must be reserved. Older mid-rise condos like those on Longboat Key fall under these rules. Why it matters: Reserve funding and milestone status now drive dues and assessment risk, making the association's posture the central diligence item at older Gulf-front condos. Source
August 2024
Development
St. Regis Longboat Key Resort and Residences opens
The St. Regis Longboat Key Resort and Residences opened on the south end of Longboat Key, adding a luxury resort and branded residences that reset the high end of the island market and reinforced its luxury positioning. Why it matters: A flagship luxury resort near the south end supports the area's premium positioning, which underpins demand for established Gulf-front communities nearby. Source
November 2025
Market
Longboat Key carries elevated inventory into late 2025
Local market reports describe Longboat Key as a buyer-leaning market in late 2025, with elevated months of inventory and longer time on market as owners worked through insurance and recovery after the 2024 storms. Why it matters: More inventory shifts leverage toward buyers and makes the building-level reserve, milestone, and insurance read the decisive factor in any deal. Source

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

The Strategy

The The Sanctuary buying strategy.

If we were buying in The Sanctuary, this is the order of operations we would run, and the one we run for our clients.

Read the association reserves and SIRS first. Florida's post-Surfside rules require a structural integrity reserve study for buildings of this height and age, and the funding level drives dues and assessment risk.

Confirm the building's milestone inspection status. Longboat Key requires milestone inspections for older mid-rise buildings, so request the report and any repair findings for the specific building.

Verify the flood zone and insurance for the unit. On a barrier island the FEMA flood zone, wind, and master policy drive carrying cost, so quote the specific building and floor.

Ask for the special assessment history. Post-Surfside reserve funding has triggered assessments at some island buildings, so confirm what has been levied and what is pending.

Separate condo ownership from club membership, and cross-shop other Gulf-front Longboat Key condos such as Gulfshore if a different building's reserve posture reads better.

The Quick Decision

Best Buy

A well-reserved building with a clean milestone report and a high, well-exposed unit

Biggest Risk

Underbudgeting reserves, a special assessment, or barrier-island insurance

Best Lot

A higher floor with direct Gulf exposure and a sound master policy

Smart Timing

Confirm reserves, milestone status, and insurance before you offer

Deep-Dive Intelligence

The full read, only if you want it.

The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

The Sanctuary Homes For Sale

What your money buys in The Sanctuary.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Here are the broad resale bands in The Sanctuary today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

The Entry

Smaller floor plans or lower floors with partial exposure in a building you have read for reserves and milestone status. The accessible way into a Gulf-front club condo.

Lowest entry

The Core

Mid-size residences with solid Gulf exposure in a well-reserved building, the heart of the resale market here.

Most inventory

The Top

The largest high-floor residences with direct Gulf frontage in the strongest-reserved building, the units that hold value best.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

See Off-Market & Private Listings

What Your Money Buys

What ~$900K buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

The Entry

Smaller floor plans or lower floors with partial exposure in a building you have read for reserves and milestone status. The accessible way into a Gulf-front club condo.

The Core

Mid-size residences with solid Gulf exposure in a well-reserved building, the heart of the resale market here.

The Top

The largest high-floor residences with direct Gulf frontage in the strongest-reserved building, the units that hold value best.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in The Sanctuary, condition, lot, and the renovation math, read from current listings and recent sales.

15-Second Take

Renovation math decides the deal
Golf and lake lots resell strongest
Roof and HVAC age drive the insurance quote
Interior lots are where buyers overpay

Proprietary Data

The renovation premium.

Renovated-listing inventory in The Sanctuary is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.

Lot Value

The lot premium.

On golf, lake, and preserve frontage, the homesite is the part of your money the market gives back at resale. The house can be renovated; the lot cannot, so premium lots hold their value better than interior ones. How much more they command varies by frontage, view, and condition, which is why we read it home by home against real comparable sales rather than a single headline figure.

Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Resale Strength Scorecard

How well The Sanctuary holds value.

Our read on the factors that protect resale here, and the one to manage.

Location on Longboat KeyStrong

Gulf-front and club settingPositive

Reserves and milestone postureVerify per building

Unit condition and exposureVerify per unit

Flood and insurance readVerify per building

Momentum analysis based on the no-CDD structure, central location, built-out lot scarcity, the funded club plan, and the all-resale 1990s housing stock. Not a guarantee of future value.

Operator Note

The strongest value pocket is usually a renovated golf or lake home priced just under the next tier up. Buyers chasing the single biggest estate often pay estate prices for what is really a renovation project.

5 Mistakes Buyers Make in The Sanctuary

15-Second Take

Calling the listing agent (who works for the seller)
Misjudging the renovation budget
Overpaying for an interior lot
Ignoring the optional club cost
Skipping the roof, HVAC, and systems check

In an all-resale, seven-figure, renovation-driven market, the same five mistakes cost buyers the most. Every one is avoidable with the right preparation before you tour.

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Overpaying for an interior lot

Golf frontage, lakefront, and preserve lots carry real, durable premiums. Pay an estate price for an interior lot and you are buying the weakest version of the value.

Ignoring the club decision

The club is optional and separate, so two similar homes can cost very differently to own. Buyers who do not price the membership they will actually use misread their real monthly number.

Skipping the systems check

A 1990s home means 1990s-era systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

The Sanctuary name spans five buildings with different reserve and exposure pictures. The deal is won or lost on the building, the unit, and the milestone, reserve, and insurance math.

Jon Brooks · Founder, Momentum Realty

Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

7.5B+ · Buy Score

Resale Strength7.4/10

Renovation Risk5.0/10

Location Efficiency8.6/10

Long-Term Defensibility7.8/10

Carrying Cost Advantage5.8/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Momentum Housing Intelligence

Why our read on The Sanctuary is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Stellar MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Stellar MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates

Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Lot Value Map

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)

$261 value$401 premium

GolfLake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Stellar MLS; for orientation, not an appraisal.

15-Second Take

Higher floors with direct Gulf exposure hold value best
Verify the FEMA flood zone and elevation for the building
The master insurance policy drives carrying cost here
Reserve funding and milestone status protect long-term value
Read the building and exposure before the finishes

In a Gulf-front condo like The Sanctuary, the building and the unit's exposure are the part of your money the market protects. A high floor with direct Gulf frontage in a well-reserved building holds value better than a lower or less-exposed unit in a building carrying a funding gap. The finishes can be renovated; the flood zone, the building's reserves, and the milestone status cannot be quickly changed. Read the building, the reserves, and the exposure first, then price the condition of the unit against that.

The 15-Second Verdict

The Sanctuary in 15 seconds.

Best forOwner-occupant buyers who want Gulf-front living inside a gated club community.

Biggest advantageDirect Gulf frontage and resort amenities a short drive from St. Armands and Sarasota.

Biggest riskReserves, special assessments, and insurance on a 1990-era barrier-island condo.

Sweet spotA well-reserved building with a clean milestone report and a high, well-exposed unit.

Avoid ifYou want a single-family lot or to be away from coastal flood and wind exposure.

HOA, Reserves & Fees

15-Second Take

Dues vary by building and unit, verify per residence
Reserves and SIRS funding drive dues and assessment risk
Confirm the building's milestone inspection report
Flood and wind insurance are central on a barrier island
Club membership is separate from condo ownership

The Sanctuary is a condominium, so monthly association dues cover the master structure, amenities, and services, and they vary by building and unit. On a 1990-era barrier-island building, post-Surfside reserve funding can push dues higher and special assessments are possible. Confirm the exact dues, reserve level, and any pending assessment for the specific unit.

Association dues typically cover the building exterior and roof, the master insurance policy, the pool and spa, tennis, fitness, on-site management, and 24-hour gated security. Longboat Key Club golf, dining, and marina access requires a separate membership. Confirm what the dues include and what the club membership costs.

Run Your Numbers

Tools for a The Sanctuary buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxSarasota County millage and the homestead picture.Rent vs buyThe breakeven on owning in The Sanctuary.Save Our HomesProject your homestead tax cap over time.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Selling in The Sanctuary

Price it to the building, the reserves, and the unit's exposure, not a Sanctuary average.

Selling at The Sanctuary means pricing to your specific building and unit, not a community average that mixes five buildings with different reserve and exposure pictures. The reserve funding, the milestone status, the floor, and the Gulf exposure are what set your number.

Momentum listings (YTD)

97.98%

Sold-to-list ratio across our market for our agents, sellers keeping more of their price.

Market average (YTD)

96.73%

The broader metro average sold-to-list ratio over the same period.

Momentum days on market

64 days

Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.

Market days on market

72 days

The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In The Sanctuary, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Gulfshore, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your The Sanctuary home worth?

Get a no-obligation home value based on real comparable sales in The Sanctuary matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in The Sanctuary on the map →
Or get your The Sanctuary home value & selling guide →

Real comps, not a Zestimate.

Price History: What Homes Here Have Actually Sold For

Median sale prices in The Sanctuary year by year since 2012, from closed MLS sales. A long track record beats a single estimate, showing what this community has really done through rate cycles rather than what a model predicts.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Sarasota County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$1,609/mo

Sarasota County typical true cost to own

$110/mo

Sarasota County typical home insurance

No CDD

No community development district bond

Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Sarasota County scorecard.

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

The Sanctuary Market Scorecard

Strong seller's market

The Sanctuary is currently a strong seller's market. About 1.8 months of supply, a median asking price of $1,019,500, and homes go under contract in about 58 days.

1.8

Months supply

$1,019,500

Median list

$847,500

Median sold

$313

Per sqft

Days on mkt

6/8/41

Active/Pend/Sold

Typical home value in the 32224 ZIP is $456,759, about 13.7% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is The Sanctuary, Longboat Key?

The Sanctuary is a Gulf-front condominium community at the south end of Longboat Key in Sarasota County, set behind the gates of the Longboat Key Club, addressed along Sanctuary Drive at ZIP 34228.

When was The Sanctuary built?

It was built between 1989 and 1990, with 181 residences across five mid-rise buildings on roughly 1,200 feet of Gulf beach (community and brokerage listings, 2026).

How big are the units at The Sanctuary?

Residences range from roughly 1,785 to 3,856 square feet across the five buildings, so floor plans and exposure vary widely. Confirm the exact size and layout for any specific unit.

What amenities does The Sanctuary have?

The community offers a heated pool with a lap area, a spa, tennis courts, a fitness center, beach access, on-site management, and 24-hour gated security (community and brokerage descriptions, 2026). Confirm current amenities with the association.

Are the condo dues high at The Sanctuary?

Dues vary by building and unit. On a 1990-era barrier-island condo, post-Surfside reserve funding can raise dues and special assessments are possible, so confirm the exact dues, reserve level, and any pending assessment for the unit.

What is a milestone inspection and does it apply here?

Florida and the Town of Longboat Key require milestone inspections for older mid-rise buildings to assess structural integrity. Buildings of this height and age fall under the rules, so request the milestone report and any repair findings for the specific building.

What is a SIRS and why does it matter?

A structural integrity reserve study, required under Florida's post-Surfside law for buildings of this height and age, sets reserve funding for major components. The funding level drives dues and the risk of special assessments, so it is central diligence.

Do I need a Longboat Key Club membership to live here?

No. Condo ownership at The Sanctuary is separate from Longboat Key Club membership. Members can access club golf, dining, tennis, and a marina nearby, but membership and its cost should be confirmed separately.

Should I worry about flood and insurance at The Sanctuary?

Yes, this is central diligence. The community is Gulf-front on a barrier island, so the FEMA flood zone, wind exposure, and the master insurance policy drive carrying cost. Always quote the specific building and floor during diligence.

What schools serve Longboat Key?

Longboat Key in Sarasota County is part of Sarasota County Schools, with assignment by address. Schools such as Southside Elementary, Sarasota Middle, and Riverview High have served the area, but assignment can change, so confirm the zoned schools for any specific address.

How far is The Sanctuary from St. Armands and Sarasota?

St. Armands Circle and downtown Sarasota are a short drive south along Gulf of Mexico Drive and over the bridges. Drive times vary with traffic and the season, so confirm your real route.

Is The Sanctuary a good place to buy?

It offers Gulf-front living inside a gated club community, but this is a condition and reserve driven market on a barrier island. As with any older coastal condo, reserves, milestone status, and insurability drive the outcome; this is not a guarantee of future value.

Why does pricing vary so much within The Sanctuary?

Because the five buildings differ in reserve posture and the units differ in floor, exposure, size, and condition. The building, the reserves, and the unit's exposure, not the Sanctuary name, set the price.

Can I rent my unit at The Sanctuary?

The Sanctuary is primarily an owner-occupied and second-home community, and condo associations set rental rules and minimums. Confirm the current rental policy and any minimum lease period with the association before you buy.

Who is the best real estate agent for The Sanctuary?

The best agent for The Sanctuary is one who actively works Longboat Key and knows the community's pricing, HOA and CDD details, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for The Sanctuary.

How do I find a top Longboat Key real estate agent who knows The Sanctuary?

Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows The Sanctuary and the wider Longboat Key area.

Can Momentum Realty connect me with an agent for The Sanctuary?

Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your The Sanctuary purchase or sale - no call center and no pressure.

The Verdict

Should you buy in The Sanctuary?

An honest fit check. We will tell you when it is not your community.

Owner-occupant buyers who want Gulf-front living inside a gated club communityExcellent fit

Buyers who will read reserves, milestone status, and assessment history closelyExcellent fit

Second-home buyers comfortable with barrier-island flood and insurance mathExcellent fit

Buyers who value resort amenities and a short drive to St. ArmandsExcellent fit

Buyers who will match a unit's exposure and condition to the building's reservesExcellent fit

Buyers who want a single-family lot rather than a condo associationProbably not

Anyone unwilling to verify reserves, milestone status, and assessmentsProbably not

Buyers who need to be inland or away from coastal flood and wind exposureProbably not

Buyers seeking a transient nightly rental operation rather than a residenceProbably not

Buyers unwilling to budget for higher dues or a possible special assessmentProbably not

Get the inside read on The Sanctuary

Whether you are buying a renovation project, comparing the lots and views, weighing the optional club, or selling your The Sanctuary home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

You are all set.

A Momentum Realty The Sanctuary specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in The Sanctuary - what to look for, questions to ask, and your local expert.

The Sanctuary median home price history from 2012 to 2026, chart by Momentum Realty — Median sale price in The Sanctuary, Florida by year (2012 to 2026). Source: Momentum Realty.

Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Listings courtesy of Stellar MLS as distributed by MLS GRID. 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; deemed reliable but not guaranteed by MLS GRID.

The Sanctuary

The 60-Second Overview

Who The Sanctuary is best for.

Best for

Probably not for

How The Sanctuary is performing right now

The Sanctuary on the map.

The Club & Membership

How far is everything?

Nearby Communities

Schools

Sarasota County Public Schools (verify by address)

Confirm zoned elementary, middle, and high

Magnet and choice options may apply

Recent Developments in The Sanctuary

Post-Surfside milestone and reserve rules for older condos

Gulf-front setting inside the Longboat Key Club

2024 storm season and barrier-island insurance

St. Regis resort raises the south-island profile

Inventory and buyer leverage on the island

Flood zone and elevation are parcel specific

Florida updates post-Surfside condo reserve law (HB 913)

St. Regis Longboat Key Resort and Residences opens

Longboat Key carries elevated inventory into late 2025

The The Sanctuary buying strategy.

The full read, only if you want it.

What your money buys in The Sanctuary.

What ~$900K buys here.

Renovation & Resale Intelligence

The renovation premium.

The lot premium.

How well The Sanctuary holds value.

5 Mistakes Buyers Make in The Sanctuary

Calling the listing agent

Misjudging the renovation math

Overpaying for an interior lot

Ignoring the club decision

Skipping the systems check

Momentum Buy Score.

Why our read on The Sanctuary is different.

Which Lots & Views Hold Value Best

The Sanctuary in 15 seconds.

HOA, Reserves & Fees

Tools for a The Sanctuary buy.

Price it to the building, the reserves, and the unit's exposure, not a Sanctuary average.

In The Sanctuary, condition and view decide your number

What is your The Sanctuary home worth?

Price History: What Homes Here Have Actually Sold For

The real cost & risk here

The Sanctuary Market Scorecard

Frequently Asked Questions

Should you buy in The Sanctuary?

Get the inside read on The Sanctuary

You are all set.

Need to sell fast in Sarasota County?

You just read the data. Now see what your home is worth.