See Home Value
$880,000
● House - Off Market

505 Sanderling Drive

Indialantic, FL 32903
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,430 Ft²
$990,433
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Come find your personal Sanctuary here in this amazing beachside home! This custom home offers an UPDATED kitchen, baths, and flooring. The exclusive, guard-gated community has so much to offer with a community pool, clubhouse, tennis courts, and playground. The highly-desired location is just the beginning! There are two master suites; the upstairs master has a walk-out balcony overlooking the backyard and the freeform saline pool (2017). The fifth bedroom upstairs also has its own walk-out balcony and is being used as a home office. The downstairs master has access to the pool area. There is a transferrable home warranty that is good for another four years. Expanded paver walkway in front just completed along with exterior paint. A/C units 2019 and 2020. Tile roof 2007.
Unit Size
3,430 Ft²
Days on Market
53 days
Land Size
0.28 acres
Price per sqft
$262
Property Type
House
Property Taxes
$714
HOA Dues
$554
Year Built
1990

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Last updated: 2 months ago (Space Coast MLS #915799)

Price History

Date / Event Date Event Price
Jun 24, 2025 Sold
Sold
May 23, 2025 In contract -
In contract
May 13, 2025 Price Decreased $825,000
↓ $50K (5.7%)
Price Decreased
Apr 3, 2025 Listed by One Sotheby's International $875,000
Listed by One Sotheby's International
Nestled in The Sanctuary, one of Indialantic's most sought-after gated communities, this move-in-ready 5-bedroom, 4-bathroom home blends space, style, and convenience. With 3,430 sq. ft. of living space on a 0.28-acre lot, the home features an exceptionally open floor plan, soaring high ceilings, and abundant natural light. Designed for flexibility, it offers two primary suites (one upstairs, one downstairs) plus a dedicated home office. The chef's kitchen features granite countertops and a gas cooktop, balancing elegance and function. Step outside to an in-ground saltwater pool, framed by lush landscaping and two private balconies—ideal for embracing the Florida lifestyle. The exterior is built to last, featuring a clay tile roof (2007) with a 50-100-year lifespan, and a newly updated flat roof (2023). Additional highlights include a two-car garage,two HVAC systems (2019, 2020), and a new water heater (2023) for efficiency and reliability. The Sanctuary provides 24/7 security, a clubhouse, a playground, and tennis courts, creating a vibrant community atmosphere. Just one minute from the beach, this home is also close to major airports and offers front-row views of rocket launches. A rare blend of luxury, comfort, and unbeatable location, this home is ready for its next owner.
Dec 28, 2021 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 0
  • Building Quality: 2
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,785
  • Gross Building Area: 4,785
  • Building Area: 3,430
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,430
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SANCTUARY PHASE 3, THE
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: SANCTUARY PHASE 3, THE LOT 16 BLK 2

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066301

Zoning

  • Zoning: R1AAA

Geography

  • Assessors Map Reference: 298
  • Account Number: 2726219
  • Subdivision Phase Number: 3
  • Parcel: 27-37-24-27-00002.0-0016.00
  • Block: 2
  • Lot: 16
  • Meridian: SEC 24 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.1252
  • Longitude: -80.5839

    Address

  • Full Address: 505 Sanderling Dr
  • Address - House Number: 505
  • Address - Street Name: Sanderling
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Indialantic
  • Carrier Code: C005
  • 4-Digit Zip Code: 4755
  • Zip Code: 32903

Valuation

    Tax

  • Total Area: 3,715
  • Tax Year: 2022
  • Tax Amount: $1,358,860
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 1,074,920
  • High Value: 1,269,414
  • Low Value: 880,426

    Market Valuation

  • Market Total Value: $788,130

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $788,130

    Sales

  • Current Sale Contract Date: Dec 27, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 335589
  • Previous Sale Recording Date: Dec 23, 2019
  • Previous Sale Contract Date: Dec 13, 2019
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About The Sanctuary


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Frequently Asked Questions

When was property at 505 Sanderling Drive built and last sold?
The property at 505 Sanderling Drive was built in 1990 and last sold on Dec 27, 2021 for $880,000.
How much is this home worth?
The estimated value of the home located at 505 Sanderling Drive is $0.
What are some comparable homes to 505 Sanderling Drive?
There are currently no comparable homes to 505 Sanderling Drive.