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$599,900

2 Beds 2 / 1 Full / Half Baths 1,440 SQFT 2.12 Acres
Type: Townhouse

521 FOREST WAY
LONGBOAT KEY, FL 34228

MLS#: A4706685
John Anselmo
John Anselmo
The Real Estate Advantage
Agent
Phone: 612.790.7504
Office: 952.224.8800
Presented by: CENTURY 21 BEGGINS ENTERPRISES with 813-658-2121. - 813-658-2121

Property Description

 

Discover your ultimate island escape in this beautifully updated, fully furnished, and pet-friendly 2-bedroom, 2.5-bathroom townhome located within the desirable Cedars Tennis Resort & Club on Longboat Key. Set across a lush, village-like community enveloped by nature on the island's scenic north end, this property offers a rare combination of relaxed coastal living and an excellent short-term rental opportunity featuring a flexible two-week policy. Step inside to find a turnkey, coastal-chic interior highlighted by crisp shiplap accents, warm wood-style flooring, and elegant metallic hardware throughout. The updated kitchen features white shaker cabinetry, premium stone countertops, custom tile backsplash, and a breakfast bar with seating, all while offering a subtle peekaboo views of the glistening Gulf of Mexico. It flows seamlessly into a bright dining space framed by a shell-pendant chandelier and an inviting living room that opens through sliding glass doors to a private, screened lanai framed by tropical palms and water views. Upstairs, the layout is designed for comfort and convenience. The primary suite serves as a serene retreat with water views, large closet space, and barn-door entry into an upgraded bathroom featuring dual vanities, white shiplap walls, and a walk-in shower with floor-to-ceiling marble tile and gold hardware accents. Just down the hall, the secondary bedroom, which also catches a peekaboo Gullf view, is accompanied by a second full bathroom and ther is also a dedicated upstairs laundry closet with front-loading washer and dryer units. Outside, the property enjoys tranquil views of lush tropical foliage and a quiet island setting, complete with recent structural and mechanical improvements like updated windows, a brand new roof, 2021 air conditioning units, and a private garage with a recently installed hurricane-rated garage door. Cedars Tennis Club provides an unmatched resort-style atmosphere. Meander along lit boardwalks winding through mangroves to access an exceptional array of community amenities, including a heated Junior Olympic-sized swimming pool, a vibrant tiki bar, nine Har-Tru tennis courts, three Har-Tru pickleball courts, a clubhouse with a pro shop, a 24-hour fitness center, an on-site Google 5-star restaurant Hugo's II, a fishing pier, and a kayak launch (please note that some amenities require an additional club membership). This property has been a second home for current long time owners, but similair neighboring properties boasts a proven track record as a lucrative short-term rental, consistently producing roughly $50,000 in net annual revenue after platform fees. Furthermore, it offers a rare level of operational flexibility for Longboat Key, permitting up to 26 rental cycles per year. When you are ready to venture out, you are within easy walking distance of Longboat Key's world-renowned sugary white sand beaches, the tranquil trails of Joan Durante Park, and local culinary staples like Harry's Deli & Continental Kitchen, Lo-Key Bar and Grill and Euphemia Haye Restaurant & The Haye Loft. For broader entertainment, shopping, and cultural experiences, St. Armands Circle, downtown Sarasota, the Ringling Museum complex, Mote Marine and Anna Maria Island are just a short drive away. Whether you are searching for the dream beach house, a lucrative investment property, or your own private full-time retreat complete with stunning evening sunsets, this Longboat Key gem delivers on every front


 

Interior Features

Bedrooms

Total Bedrooms2

Bathrooms

Half Baths1
Total Baths3

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Common WallsCorner Unit
Fireplace Y/NNo
FlooringLuxury Vinyl, Tile, Hardwood
Furnished Y/NFurnished
Heating Y/NYes
Interior AmenitiesBuilt-in Features, Ceiling Fan(s), Kitchen/Family Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom, Stone Counters, Thermostat, Window Treatments
Laundry FeaturesInside, Laundry Closet, Upper Level
Total Stories3
Window FeaturesDouble Pane Windows, Shades, Window Treatments

General

Additional Parcels Y/NNo
Additional RoomsFamily Room, Inside Utility, Storage Rooms
AppliancesBar Fridge, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
Architectural StyleCoastal, Elevated, Traditional
Association AmenitiesCable TV, Clubhouse, Maintenance, Trail(s)
Association Fee IncludesCable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
Association NameN/A
Attached Garage Yes
Body of WaterSARASOTA BAY
Building Area Units0 sqft
Carport Y/NNo
CityLONGBOAT KEY
Community FeaturesBay/Harbor Front, Dock, Fishing, Intracoastal Waterway, Water Access, Waterfront, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Restaurant, Sidewalks, Tennis Court(s)
Construction MaterialsBlock, Cement Siding, Wood Frame
CoolingCentral Air
CountyManatee
DirectionsGulf of Mexico Dr. to East on Companion Way to Left on Forest Way. Follow to left property on right.
DockY/NYes
Elementary SchoolAnna Maria Elementary
Facing DirectionWest
Flood Zone CodeAE
Full Baths2
Garage Spaces2
Garage Y/NYes
HOA Monthly Maintenance0
HeatingCentral
High SchoolBayshore High
In Law Suite YNNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionUNIT 14, SECTION TWO CEDARS EAST CONDO PI#79273.0500/8
LevelsThree Or More
Living Area Units0 sqft
Lot Size Square Feet92,138 sqft
Lot Size UnitsAcres
MLS Area34228 - Longboat Key
Middle/Junior High SchoolMartha B. King Middle
Minimum Lease2 Weeks
Monthly Condo Fee Amount$945
New ConstructionNo
Occupancy TypeVacant
Other StructuresTennis Court(s)
OwnershipCondominium
Patio/Porch FeaturesCovered, Rear Porch, Screened
Pet Size LimitExtra Large (101+ Lbs.)
Pets AllowedYes
Property Attached Y/NYes
Property ConditionCompleted
Property SubtypeTownhouse
Property TypeResidential
RoofShingle
Security FeaturesFire Alarm, Fire Sprinkler System, Security System, Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameCEDARS EAST SEC 2
Tax Annual Amount$3,494
Tax Lot14
Tax Year2025
Total Rooms6
UtilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Public, Sewer Connected, Street Lights, Underground Utilities
ViewTrees/Woods, Water
Virtual TourClick here
Water Access TypeBay/Harbor, Beach - Access Deeded, Intracoastal Waterway
Water Access Y/NYes
Water ViewGulf/Ocean - Partial, Pond
Water View Y/NYes
Waterfront FeaturesBay/Harbor Front, Waterfront, Bay/Harbor
Year Built1990
ZoningR3MX/PC

Exterior

Building Area Total2,268 sqft
Covered Spaces2
Exterior AmenitiesLighting, Rain Gutters, Sidewalk, Sliding Doors, Tennis Court(s)
Foundation DetailsSlab
Lot FeaturesCul-De-Sac, City Lot, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Street Dead-End
Lot Size Acres2.12
Lot Size Area2 sqft
Parking FeaturesOversized
Private PoolNo
Road Frontage TypeStreet Dead-End, Street Paved, Private Road
Road Surface TypePaved
SpaNo
VegetationMature Landscaping, Trees/Landscaped
Water SourcePublic
Waterfront Y/NYes

Additional Details

Price History

  

Similar Properties

$599,900

2 Beds 2 / 1 Full / Half Baths 1,440 SQFT 2.12 Acres
Type: Townhouse

521 FOREST WAY
LONGBOAT KEY, FL 34228

MLS#: A4706685
John Anselmo
John Anselmo
The Real Estate Advantage
Agent
Phone: 612.790.7504
Office: 952.224.8800