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515 Forest Way
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PRICED AT ONLY: $1,420,000

Address: 515 Forest Way, LONGBOAT KEY, FL 34228

Description

New price, amazing opportunity!!! Experience the ultimate island lifestyle in this masterfully renovated 2,880 sqft, 4 bed/3 bath "lock and leave" condo at cedars tennis resort and club. Elevated sanctuary on the tranquil north end of longboat key. Offering the expansive feel of a single family residence with the effortless "lock and leave" ease of being in the beautiful condo community of cedars tennis resort and club. This exquisite 4br/3ba retreat defines coastal chic. A private elevator serves all three levels, opening into a sun drenched great room with soaring ceilings, a fireplace, and a gourmet kitchen featuring dual islands and designer finishes. The refined dining room opens right off of this space with its custom built in cabinetry and dry bar, ideal for any social gathering. Relax on your private, screened lanais overlooking lush tropical foliage and serene ponds, with peek a boo views of the gulf. There is one on each living level. Rounding out the main living area is a versatile den/office (currently used as the 4th bedroom), a full third bathroom, beautiful hardwood floors throughout and a dedicated laundry room. The primary suite is a true oasis with a spa inspired sunken bath, large walk in shower, dual vanities and walk in closets. Upstairs beyond the oasis of a primary there are two additional oversized guest bedrooms and a beautifully renovated guest bathroom with a walk in shower. Recent updates beyond the full interior renovation include 2026 garage door replacements, and 2024 roof and ac replacement. Hardi board siding on exterior and pella high impact windows. The split 3 car garage provides total peace of mind and the rare abundance of space and storage. Nestled in the 66 acre village like townhome community enveloped by nature, providing effortless access to both the beach and the bay on the beautiful north end of longboat key. The spacious and tropical community features lit boardwalks winding through mangroves, leading to an array of exceptional amenities including a heated jr. Olympic size pool, nine har tru tennis courts, three pickleball courts, a clubhouse with a pro shop, a 24 hour fitness center, a tiki bar, a restaurant, a fishing pier, and a kayak launch. Please note that some amenities require an additional club membership. The property is within walking distance to a variety of local attractions, such as harry's deli & continental kitchen, the true island gem that is joan durante park, euphemia haye restaurant & the haye loft, and, of course, longboat key's globally renowned sugary white sand beaches. Furthermore, it offers convenient proximity to other major attractions and cultural venues, including st. Armand's circle, mote aquarium, the asolo repertory theatre, van zel performing arts center, marie selby gardens, anna maria island, the ringling museum complex, and numerous dining options on longboat key and in downtown sarasota. Cedars east is the rare community on lbk that offers shorter term rental allowance with its 2 week minimum, making it the perfect balance for offsetting costs when not in use, without living in a hotel community. Exceptional onsite management is in place if desired. Fantastic residence, rare opportunity, come take a look today!
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  • MLS#: A4679679 ( Residential )
  • Street Address: 515 Forest Way
  • Viewed: 31
  • Price: $1,420,000
  • Price sqft: $313
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Pond
  • Year Built: 1989
  • Bldg sqft: 4536
  • Bedrooms: 4
  • Total Baths: 3
  • Full Baths: 3
  • Garage / Parking Spaces: 3
  • Days On Market: 93
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Features
Building and Construction
  • Basement: Other
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Lighting, Private Mailbox, Rain Gutters, Sliding Doors
  • Fencing: Masonry
  • Flooring: Carpet, Ceramic Tile, Tile, Wood
  • Living Area: 2880.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Landscaped, Near Marina, Near Public Transit, Sidewalk, Street Dead-End, Paved, Private
School Information
  • High School: Bayshore High
  • Middle School: Martha B. King Middle
  • School Elementary: Anna Maria Elementary
Garage and Parking
  • Garage Spaces: 3.00
  • Open Parking Spaces: 0.00
  • Parking Features: Covered, Driveway, Garage Door Opener, Ground Level, Guest, Oversized, Garage
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Public, Sewer Connected, Underground Utilities, Water Connected
Amenities
  • Association Amenities: Cable TV, Clubhouse, Maintenance, Pool
Finance and Tax Information
  • Home Owners Association Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Private Road, Sewer, Trash, Water
  • Home Owners Association Fee: 5094.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Association Name: N/A
  • Country: US
  • Furnished: Negotiable
  • Interior Features: Built-in Features, Ceiling Fans(s), Dry Bar, Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Legal Description: UNITS 11 & 12, SECTION TWO CEDARS EAST CONDO PI#79273.0487/8
  • Levels: Three Or More
  • Area Major: 34228 - Longboat Key
  • Occupant Type: Owner
  • Parcel Number: 7927304878
  • Style: Traditional
  • View: Trees/Woods, Water
  • Views: 31
  • Zoning Code: R3MX/PC
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