Price Reduced 16.57%
Price History
$899,000
1/24/2025
$859,000
3/7/2025
$750,000
3/24/2025
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
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Listing courtesy of Coldwell Banker Realty Phone: 941-366-8070