Price Reduced 16.57%

$750,000 ($604.35 per sqft)

Est. Mortgage $3,792/mo *

Quick Pre-Approval

Price History

$899,000
1/24/2025

$859,000
3/7/2025

$750,000
3/24/2025


531 EDLEE LANE, Longboat Key, FL, 34228

531 EDLEE LANE, Longboat Key, FL, 34228

4 rooms

3 beds

2 Full baths

1963

Coastal, Florida

1,241 sqft

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.


Status:

Active

Type:

Single-family residential

Laundry Remarks:

None

Subdivision:

SLEEPY LAGOON

Heating:

None

Cooling:

None

Acreage:

0.28

Est. Taxes:

$3,925

Construction

Block

Utilities

Cable Available, Electricity Connected, Sewer Available, Water Available

Lot Description:

FloodZone, Level, Street Dead-End

View Description:

Garden, Trees/Woods

Elementary School:

Anna Maria Elementary

Middle School:

Martha B. King Middle

High School:

Bayshore High

Days on Market:

68

Appliances:

None

Pool:

Gunite, Heated, In Ground, Lighting, Screen Enclosure

Min Lease Term:

1 Month

MLS #:

A4637426


Community Info

School Info

Walk Score

Yelp



Listing courtesy of Coldwell Banker Realty Phone: 941-366-8070