508 Forest Way Unit 508, Longboat Key, FL 34228

$589,000
2
BD
3
BA
1,440
SqFt

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List Price
$589,000
Status
Active
Days on Market
0
MLS#
N6144572
Property Style
Townhouse
Architectural Style
Florida
Year Built
1990
Bedrooms
2
Bathrooms
3
Baths Half
1
Living Area
1,440
Total Acreage
Non-Applicable
Building Name
508
Legal Subdivision Name
Cedars East Sec 2
Community Name
Cedars East
MLS Area Major
Longboat Key

Property Description

There is a certain ease to life on Longboat Key, where mornings can begin with a walk to the beach, afternoons unfold by the pool or on the tennis court, and dinner beside the water is never far from home. Set within Cedars East at Cedars Tennis Resort & Club, this beautifully maintained three-level townhome offers a refined way to experience one of Florida’s most desirable barrier-island lifestyles. Natural light is one of the first things you notice. An abundance of windows fills the home with sunshine, creating a bright, calm, and serene atmosphere that feels perfectly suited to its coastal surroundings. New luxury vinyl plank flooring extends through the entry and main living level, giving the home a fresh, cohesive look, while carpeting along the staircase and throughout the third-floor bedroom level adds warmth and comfort to the private spaces. The second floor brings the kitchen, dining, and living areas together in an easy, welcoming flow designed for relaxed everyday living and effortless entertaining. Just beyond the living room, the screened balcony creates a peaceful outdoor retreat for morning coffee, casual dining, quiet reading, or unwinding at the end of the day. A convenient half bath completes this level. Upstairs, the primary suite offers a private ensuite bath with dual sinks and a comfortable sense of separation from the main living areas. The second bedroom features a walk-in closet and is positioned near the full guest bath and upstairs laundry closet. The washer and dryer are approximately three months old and are included with the home. Thoughtful improvements add both style and confidence, including a roof replaced in 2024, a 2024 HVAC system serviced in April 2026, updated interior paint, refreshed flooring, newer toilets, faucets, light fixtures and vents, and a new garage door. Garage parking adds welcome convenience along with room for bicycles, beach equipment, and additional storage. Life at Cedars Tennis Resort & Club is centered around the outdoors and the relaxed sophistication of Longboat Key. Enjoy tennis and pickleball, spend the afternoon by the heated community pool, stay active in the fitness facilities, or gather for a meal without leaving the neighborhood. Nearby beach access makes Gulf days easy to enjoy, while waterfront restaurants, island cafés, marinas, biking routes, and the natural beauty of Longboat Key are all close at hand. For buyers considering investment potential, the property has a strong short-term rental history and is already heavily booked from December through June 2027, offering the advantage of established demand and reservations already in place. All rentals remain subject to current association rules, approval requirements, and the terms of existing reservations. From fresh seafood and sunset dinners to quiet mornings near the shore, this location places the best of Longboat Key within easy reach. St. Armands Circle, Anna Maria Island, and the cultural attractions of Sarasota are also nearby, allowing you to enjoy the island’s peaceful atmosphere without feeling removed from everything the area has to offer. Whether envisioned as a full-time residence, seasonal retreat, or income-producing coastal getaway, this is an opportunity to enjoy thoughtful updates, abundant natural light, resort-inspired amenities, garage parking, and the unmistakable lifestyle of Longboat Key. ¤ Please see 3D Tour and Video ¤

Additional Information

Taxes
$349400
Minimum Lease
2 Weeks
Hoa Fee
$2,836
HOA Payment Schedule
Quarterly
Maintenance Includes
Common Area Taxes, Pool, Escrow Reserves Fund, Pest Control, Recreational Facilities, Sewer, Trash, Water
Location
Cul-De-Sac, Flood Insurance Required, FloodZone, City Limits, In County, Landscaped, Level, Near Public Transit, Sidewalk, Paved
Community Features
Clubhouse, Deed Restrictions, Fitness Center, Pool, Sidewalks, Tennis Court(s), Street Lights, Maintenance Free
Property Description
Three+ Story
Zoning
R3MXPC
Interior Layout
Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Floor
Carpet, Luxury Vinyl, Tile
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Utilities
Cable Available, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Frame
Exterior Features
Balcony, Garden, Lighting, Rain Gutters, Sidewalk, Sliding Doors
Roof
Shingle
Foundation
Slab
Pool
Community
Garage Carport
1 Car Garage
Garage Spaces
1
Garage Features
Garage Door Opener, Ground Level, Guest, Basement
Pets
Allowed
Max Pet Weight
101
Flood Zone Code
AE
Parcel ID
7927304456
Legal Description
UNIT 3, SECTION TWO CEDARS EAST CONDO PI#79273.0445/6

Listing courtesy of KELLER WILLIAMS ISLAND LIFE REAL ESTATE. 941-254-6467

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