Residential Property - Single Family Residence in Longboat Key
Listing Price: $750,000 (Mortgage Calculator →)
Description of Property
Major Price Improvement – Now $750,000 (down a total of $149,000) | SELLERS SAY SELL!!!! Welcome to 531 Edlee Lane—one of the best-priced properties on all of Longboat Key, and the only one featuring a brand-new $120,000 gunite saltwater swimming pool and spa. Located on one of the few privately owned streets in this exclusive barrier island community, this property presents a rare opportunity to restore the existing home or build new in an enviable coastal setting. While the home did sustain damage during Hurricane Helene, the Town of Longboat Key has confirmed it can be restored, providing flexibility for renovation or new construction. The recently completed luxury saltwater pool and spa are fully operational, with a hurricane-resilient cage that remained intact and a completely new filtration system installed post-storm, leaving the outdoor living space in pristine, move-in-ready condition. Enjoy deeded boat launch access to Sarasota Bay, and walk just steps to the Gulf beaches, all while surrounded by custom homes in a peaceful and private neighborhood. Now offered at $750,000 ($604 per sq. ft.), this is a standout value in Longboat Key’s competitive market. The sellers are motivated, and the opportunity to own this unique property won’t last.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Longboat Key
County: Manatee
Subdivision: Sleepy Lagoon
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 1,241
Sq. Ft. Living Area: 1,241
Cost per (heated) sqare foot: $604
Year built: 1963
Annual Tax: $3,925
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: None
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring: Ceramic Tile
Schools
Elementary School: Anna Maria Elementary
Middle/Junior High School: Martha B. King Middle
High School: Bayshore High
Pool & Waterfront Info
Private Pool: Yes
Pool Features:
- Gunite
- Heated
- In Ground
- Lighting
- Screen Enclosure
Spa Features: Heated, In Ground
Water Frontage:
Water Access: Yes
Water Access Type: Bay/Harbor, Beach
Water View:
Exterior & Construction
Architectural Style: Coastal, Florida
Construction: Block
Foundation: Block
Roof: Shingle
Exterior Features: Outdoor Shower
Carport: Yes
Carport Spaces: 2
Parking Features:
Floors Total:
Floors in Unit: One
Cooling: None
Heating & Fuel: None
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View: Garden, Trees/Woods
Fencing: Fenced
Utilities:
- Cable Available
- Electricity Connected
- Sewer Available
- Water Available
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features:
- Flood Zone
- Level
- Street Dead-End
Lot Size (acres): 0.28
Lot Size (sq. ft.): 12,258 square feet
Road Frontage: Street Dead-End, Private Road, Street Unpaved
Front Exposure: South
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 7839800005
Zoning: R3SF
Tax Legal Desc.: PART OF LOTS 14A & 15A, SLEEPY LAGOON SUB, MORE PARTICULARLY DESC AS FOL; BEG AT THE NW COR OF LOT 15A, SLEEPY LAGOON SUB; THENCE RUN E A DIST OF 392.66 FT FOR A POB, THENCE CONT E A DIST OF 100 FT; THENCE RUN S A DIST OF 122.58 FT; TH RUN W A DIST O F 100 FT; THENCE RUN N A DIST OF 122.58 FT TO THE POB; SUBJ TO AN EASMT FOR AN ACCESS RD, BEING THE S 22.58 FT OF
Section: 23
Range: 16
Listing courtesy of COLDWELL BANKER REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.