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507 Forest Way

Longboat Key, FL 34228

2 beds
3 baths
1,440 sqft
$464 per sqft
1990 build
– on site

Buyers default due to personal circumstances creates your good fortune. One of the best opportunities on longboat key is now back available. This stunning townhome is located in the sought-after Cedars East Tennis & Fitness Resort on the beautiful Longboat Key. This townhome has been beautifully remodeled and is move-in ready, making it an actual must-see property. It is offered turnkey furnished (excluding a few personal items), providing a hassle-free move for the new owner. With 2 bedrooms and 2.5 bathrooms, high ceilings, open floor plan, there is plenty of space for comfortable living. High-impact windows and exterior hardi board siding have been completed by the long-time sellers. Both ACs have been replaced and updated. Gorgeous interior with upgraded flooring throughout. The Kitchen is stunning and very recently completed with its White cabinets, quartz tops, higher-end appliances, and tasteful backsplash. All three restrooms have also been upgraded and remodeled. The master bath boasts a glass walk-in shower with beautiful tile work and updated dual vanities. The Lanai is a special place in this location. Private and wooded native landscape views put you in that island state of mind. With the open plan and high ceiling tropical foliage can be seen throughout the living area. The oversized garage with space for 2 cars is a great feature, providing ample storage and parking. This townhome is an ideal choice for anyone looking for a stylish and comfortable property in a desirable LBK location. Cedars East is a 66-acre village-like townhome setting, surrounded by nature & close access to both the beach and bay on the beautiful north end of Longboat Key. Spacious and tropical community w/ lit boardwalks leading through mangroves to amenities including heated Jr. Olympic Size Pool, Ten Har-Tru Tennis Courts, Club House w/ Pro-Shop, 24hr Fitness Center, Tiki bar, Restaurant, Fishing Pier & kayak launch. Some amenities require add'l membership to the club for use. Walking distance to area attractions like Harry's Deli and Continental Kitchen, a true island gem in Joan Durante Park, Euphemia Haye Restaurant & The Haye Loft, and of course Longboat Key's world-famous sugary white sand beaches. Close to other main attractions and cultural events, e.g., St. Armand’s Circle - famous for world-class shopping and dining, Mote Aquarium with marine exhibits and marine/kayaking excursions, the Asolo Repertory Theatre, Van Wezel Performing Arts Center, Marie Selby Gardens, Anna Maria Island, Ringling Museum complex and numerous dining options on Longboat and in downtown Sarasota. If you are a golfer, there are a number of top-rated courses nearby. Spacious Condo Ownership property w/ Townhome Design is perfect for seasonal or year-round living. Convenient on-site rental mgmt company if desired with a convenient 2-week minimum rental policy w/in the community. Cedars is also a large pet-friendly community!! Finally, the sellers are offering completely turn-key furnished (Excluding limited personal tenant items) to make your move seamless so, as you can see, what a property for your new beach residence.

Listing courtesy of STELLAR_MLS / CENTURY 21 BEGGINS ENTERPRISES

Last checked: Checking… • Last updated May 6, 2024 •

MLS# A4599448 —

The Building

Year Built:

1990
New Construction:

false
Construction Materials:

Block
Architectural Style:

Elevated
Building Area Total:

2268
Levels:

Three Or More
Stories Total:

3
Building Elevator:

false
Roof:

Shingle
Foundation Details:

Slab
Window Features:

Blinds
Patio And Porch Features:

Covered
Security Features:

Fire Alarm

Interior

Furnished:

Partially
Interior Features:

Ceiling Fan(s)
Additional Rooms:

Inside Utility
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

1440
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Gulf of Mexico to East on Companion Way to North on Forest Way. Property third unit on right .
Latitude:

27.416103
Longitude:

-82.661819
Coordinates:

-82.661819, 27.416103

The Property

Parcel Number:

7927304654
Property Type:

Residential
Property Subtype:

Townhouse
Property Condition:

Completed
Property Attached:

true
Lot Features:

Cul-De-Sac
Zoning:

LBK_R-3MX
View:

Trees/Woods
Direction Faces:

West
Exterior Features:

Irrigation System
Fencing:

Masonry
Water Source:

Public
Total Acres:

Non-Applicable
Road Surface Type:

Asphalt
Road Frontage Type:

Street Dead-End
Flood Zone Code:

AE
Flood Zone Panel:

12081C0291F
Homestead:

false
Lease Restrictions:

true

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Book Number:

1279-1906
Tax Annual Amount:

6667
Tax Legal Description:

UNIT 7, SECTION TWO CEDARS EAST CONDO PI#79273.0465/4

Beds

Bedrooms Total:

2

Baths

Total Baths:

2.5
Total Baths:

3
Full Baths:

2
Half Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/A4599448
Special Listing Conditions:

None
Buyer's Brokerage Compensation:

3%

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Inside

Schools

Elementary School:

Anna Maria Elementary
Middle Or Junior School:

Martha B. King Middle
High School:

Bayshore High

The Community

Subdivision Name:

CEDARS EAST SEC 2
Senior Community:

false
Community Features:

Bay/Harbor Front
Water View:

false
Water Access:

Bay/Harbor
Water Access:

true
Water Extras:

Fishing Pier
Water Body Name:

Sarasota Bay
Waterfront:

true
Waterfront Features:

Bay/Harbor Front
Pool Private:

false
Pets Allowed:

Yes
Pet Restrictions:

Breed Restrictions Buyer/Buyer's agent to verify
Association Amenities:

Cable TV
Association:

true
Association Fee:

2715
Association Fee Frequency:

Quarterly
Association Fee Includes:

Cable TV
Association Fee Requirement:

Required
Monthly HOA Amount:

905
Amenities Additional Fees:

Membership to the cedars tennis and fitness is required for use of Tennis Court, Club Room, Gym and Restaurant. There are different package. See www.CedarsTennisResort.com for details.
Ownership:

Condominium
Association Approval Required:

false
Additional Water Information:

Private community beach, kayak launch and fishing pier on Sarasota Bay
Waterfront Feet Total:

515

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2
Carport:

false
Covered Spaces:

2
Open Parking:

true
Parking Features:

Driveway

Monthly cost estimate

Asking price

$669,500

Expense	Monthly cost
Mortgage	$3,584
Taxes	$555
Insurance	$184
HOA fees	$905
Utilities	$114 See report
Total	$5,342/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
4/22/24 Apr 22, 2024	Relisted	STELLAR_MLS	$669,500	-3.7%
2/20/24 Feb 20, 2024	Pending	STELLAR_MLS	$695,000
2/12/24 Feb 12, 2024	Listed / Active	STELLAR_MLS	$695,000

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This townhouse located in Longboat Key, FL 34228 is currently for sale for $669,500. 507 Forest Way is a 1,440 square foot townhouse with 2 beds and 3 baths that has been on Estately for 88 days. This townhouse is in the attendance area of Bayshore High School, King Middle School, and Anna Maria Elementary School.

Listing Courtesy of: STELLAR_MLS and CENTURY 21 BEGGINS ENTERPRISES.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.