539 FOREST WAY #539 Longboat Key, FL 34228
2 Beds
3 Baths
1,440 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $443
Subdivision Cedars East Sec 2
MLS Listing ID A4706129
Bedrooms 2
Full Baths 2
Half Baths 1
Condo Fees $2,836
Construction Status Completed
HOA Y/N No
Annual Recurring Fee 11344.0
Year Built 1990
Annual Tax Amount $3,954
Property Sub-Type Condominium
Source Stellar MLS
Property Description
The home has generated approximately $50,000 in average annual rental payout revenue, after Airbnb and VRBO fees, providing a proven income history while maintaining the flexibility of up to 26 rental opportunities a year—an unusually flexible arrangement for Longboat Key. The owners have invested more than $130,000 in upgrades and improvements since 2021, creating a home that is not simply rental-ready, but thoughtfully maintained and continually enhanced. The current owners have created a home designed to deliver an exceptional guest experience. The sale includes the home's high-quality furnishings, top-of-the-line kitchenware—including All-Clad cookware—solid dishware, premium beach equipment and carefully selected décor. The result is reflected in the property's rental reputation, with more than 40, 5-Star Airbnb reviews from previous guests. Positioned near the front of Cedars East, the residence offers more convenient access to the Gulf beaches than many locations within the community and is next to the Longboat Key bike path. Inside, the 1,440-square-foot, two-bedroom, 2½-bath residence features an open living and dining area, a large garage, and a private, wooded outlook from the living room and lanai. The lush greenery creates a wonderfully private, almost treehouse-like setting—a peaceful contrast to the Gulf just moments away. Residents of Cedars East enjoy a resort-style setting with HOA amenities including the community pool, kayak and paddle board launch, fishing pier, cable, water, sewer, trash and pest control.Optional membership at the Cedars Tennis Resort & Club provides access to additional tennis, pickleball and fitness amenities. Whether you're looking for a beautifully finished Longboat Key retreat, a second home that can generate income, or a turnkey vacation property with an established rental history, this residence offers a compelling combination of lifestyle and flexibility. Come experience The Longboat Key Life.
Location
State FL
County Manatee
Community Cedars East Sec 2
Area 34228 - Longboat Key
Zoning R3MX/PC
Interior
Interior Features Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Luxury Vinyl, Tile
Furnishings Furnished
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry Upper Level
Exterior
Exterior Feature Balcony, Lighting, Rain Gutters
Parking Features Common, Driveway, Garage Door Opener, Ground Level, Guest, Open, Oversized
Garage Spaces 1.0
Pool In Ground
Community Features Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Tennis Court(s)
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Amenities Available Maintenance
View Y/N No
Water Access Yes
Water Access Desc Bay/Harbor
View Tennis Court, Trees/Woods
Roof Type Shingle
Porch Covered, Rear Porch, Screened
Attached Garage true
Exposure West
Garage true
Private Pool No
Building
Lot Description Cul-De-Sac, Landscaped, Level, Street Dead-End, Paved
Story 3
Entry Level Three Or More
Foundation Slab
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Architectural Style Traditional
Unit Floor 1
Structure Type Block,Cement Siding,Frame
New Construction false
Construction Status Completed
Others
Pets Allowed Cats OK, Dogs OK, Number Limit, Size Limit, Yes
HOA Fee Include Cable TV,Pool,Escrow Reserves Fund,Insurance,Maintenance Structure,Maintenance Grounds,Maintenance,Management,Private Road,Sewer,Trash,Water
Senior Community No
Pet Size Small (16-35 Lbs.)
Ownership Condominium
Monthly Total Fees $945
Acceptable Financing Cash, Conventional
Membership Fee Required Required
Listing Terms Cash, Conventional
Num of Pet 2
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4706129
