Price Reduced 16.57%
Price History
$899,000
1/25/2025
$859,000
3/7/2025
$750,000
3/24/2025
531 EDLEE LANE, Longboat Key, FL, 34228
Land Opportunity with Brand-New $120,000 Pool & Spa | Now Offered at $750,000 (total price improvement of $149,000) Rarely does a land opportunity like this become available on one of the few privately owned streets in Longboat Key. Welcome to 531 Edlee Lane—a prime coastal lot just steps from the beach, now offered at $750,000, and already improved with a brand-new $120,000 gunite saltwater swimming pool and spa, complete with a hurricane-rated cage and new filtration system. While the existing home was damaged in Hurricane Helene, the Town of Longboat Key has confirmed it can be restored, giving buyers the flexibility to either renovate the current structure or tear down and build new. The value here is in the land and the incredible outdoor living space that has already been created. The property also includes deeded access to a private boat launch on Sarasota Bay, making it an ideal location for water lovers and boating enthusiasts. Surrounded by custom homes and located in a quiet, upscale neighborhood, 531 Edlee Lane offers the ideal foundation for a new coastal residence with a move-in-ready luxury pool already in place. This is a truly unique opportunity to build your dream home in one of Longboat Key’s most desirable and exclusive enclaves—with a major head start already completed. Sellers say SELL!
Status:
Active
Type:
Lot / Acreage
Subdivision:
SLEEPY LAGOON
Lot Size:
100 x 122.58
Acreage:
0.28
Est. Taxes:
$3,925
Current Use
Residential
Utilities
Cable Available, Electricity Available, Public, Sewer Available, Water Available
Lot Description:
Buildable, Cul-De-Sac, Level
Elementary School:
Anna Maria Elementary
Middle School:
Martha B. King Middle
High School:
Bayshore High
Days on Market:
58
MLS #:
A4637651
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Coldwell Banker Realty Phone: 941-366-8070