508 Forest Way Longboat Key, FL 34228
Longboat Key AreaEstimated payment $4,486/month
Highlights
- Fitness Center
- View of Trees or Woods
- Clubhouse
- Anna Maria Elementary School Rated 9+
- Open Floorplan
- Property is near public transit
About This Home
There is a certain ease to life on Longboat Key, where mornings can begin with a walk to the beach, afternoons unfold by the pool or on the tennis court, and dinner beside the water is never far from home. Set within Cedars East at Cedars Tennis Resort & Club, this beautifully maintained three-level townhome offers a refined way to experience one of Florida’s most desirable barrier-island lifestyles. Natural light is one of the first things you notice. An abundance of windows fills the home with sunshine, creating a bright, calm, and serene atmosphere that feels perfectly suited to its coastal surroundings. New luxury vinyl plank flooring extends through the entry and main living level, giving the home a fresh, cohesive look, while carpeting along the staircase and throughout the third-floor bedroom level adds warmth and comfort to the private spaces. The second floor brings the kitchen, dining, and living areas together in an easy, welcoming flow designed for relaxed everyday living and effortless entertaining. Just beyond the living room, the screened balcony creates a peaceful outdoor retreat for morning coffee, casual dining, quiet reading, or unwinding at the end of the day. A convenient half bath completes this level. Upstairs, the primary suite offers a private ensuite bath with dual sinks and a comfortable sense of separation from the main living areas. The second bedroom features a walk-in closet and is positioned near the full guest bath and upstairs laundry closet. The washer and dryer are approximately three months old and are included with the home. Thoughtful improvements add both style and confidence, including a roof replaced in 2024, a 2024 HVAC system serviced in April 2026, updated interior paint, refreshed flooring, newer toilets, faucets, light fixtures and vents, and a new garage door. Garage parking adds welcome convenience along with room for bicycles, beach equipment, and additional storage. Life at Cedars Tennis Resort & Club is centered around the outdoors and the relaxed sophistication of Longboat Key. Enjoy tennis and pickleball, spend the afternoon by the heated community pool, stay active in the fitness facilities, or gather for a meal without leaving the neighborhood. Nearby beach access makes Gulf days easy to enjoy, while waterfront restaurants, island cafés, marinas, biking routes, and the natural beauty of Longboat Key are all close at hand. For buyers considering investment potential, the property has a strong short-term rental history and is already heavily booked from December through June 2027, offering the advantage of established demand and reservations already in place. All rentals remain subject to current association rules, approval requirements, and the terms of existing reservations. From fresh seafood and sunset dinners to quiet mornings near the shore, this location places the best of Longboat Key within easy reach. St. Armands Circle, Anna Maria Island, and the cultural attractions of Sarasota are also nearby, allowing you to enjoy the island’s peaceful atmosphere without feeling removed from everything the area has to offer. Whether envisioned as a full-time residence, seasonal retreat, or income-producing coastal getaway, this is an opportunity to enjoy thoughtful updates, abundant natural light, resort-inspired amenities, garage parking, and the unmistakable lifestyle of Longboat Key. ¤ Please see 3D Tour and Video ¤
Listing Agent
KELLER WILLIAMS ISLAND LIFE REAL ESTATE Brokerage Phone: 941-254-6467 License #3323142 Listed on: 08/07/2026
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,494
Year Built
- Built in 1990
Lot Details
- End Unit
- Cul-De-Sac
- Northwest Facing Home
- Mature Landscaping
- Irrigation Equipment
- Landscaped with Trees
- Garden
HOA Fees
- $945 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Basement Garage
- Ground Level Parking
- Garage Door Opener
- Guest Parking
Property Views
- Woods
- Garden
Home Design
- Florida Architecture
- Entry on the 1st floor
- Slab Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,440 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Ceiling Fan
- Blinds
- Drapes & Rods
- Combination Dining and Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Upstairs
- Split Bedroom Floorplan
- Walk-In Closet
- Bathtub with Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Home Security
Outdoor Features
- Balcony
- Enclosed Patio or Porch
- Exterior Lighting
- Rain Gutters
Location
- Flood Zone Lot
- Flood Insurance May Be Required
- Property is near public transit
Utilities
- Central Air
- Heating Available
- Thermostat
- Underground Utilities
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 3
- Assessor Parcel Number 7927304456
Community Details
Overview
- Association fees include common area taxes, pool, escrow reserves fund, pest control, recreational facilities, sewer, trash, water
- Coastal Association Management Association, Phone Number (941) 302-9816
- Visit Association Website
- Cedars East Community
- Cedars East Sec 2 Subdivision
- On-Site Maintenance
- The community has rules related to deed restrictions
Recreation
- Tennis Courts
- Pickleball Courts
- Recreation Facilities
- Fitness Center
- Community Pool
Pet Policy
- Pets Allowed
- Pets up to 101 lbs
Additional Features
- Clubhouse
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $3,494 | $439,872 | $439,872 | |
| 2025 | $7,732 | $207,060 | $207,060 | |
| 2023 | $7,300 | $514,250 | $0 | $514,250 |
| 2022 | $6,095 | $367,500 | $0 | $367,500 |
| 2021 | $4,665 | $275,000 | $0 | $275,000 |
| 2020 | $4,736 | $265,000 | $0 | $265,000 |
| 2019 | $4,548 | $265,000 | $0 | $265,000 |
| 2018 | $4,070 | $220,000 | $0 | $0 |
| 2017 | $3,507 | $210,500 | $0 | $0 |
| 2016 | $3,249 | $187,900 | $0 | $0 |
| 2015 | $2,654 | $187,900 | $0 | $0 |
| 2014 | $2,654 | $158,106 | $0 | $0 |
| 2013 | $2,561 | $153,501 | $1 | $153,500 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/07/2026 08/07/26 | For Sale | $589,000 | +27.2% | $409 / Sq Ft | |
| 07/20/2021 07/20/21 | Sold | $463,000 | +2.0% | $322 / Sq Ft | View Prior Sale |
| 06/11/2021 06/11/21 | Pending | -- | -- | -- | |
| 06/06/2021 06/06/21 | For Sale | $454,000 | 0.0% | $315 / Sq Ft | |
| 09/20/2020 09/20/20 | Rented | $2,300 | 0.0% | -- | |
| 09/10/2020 09/10/20 | Under Contract | -- | -- | -- | |
| 02/01/2020 02/01/20 | For Rent | $2,300 | +15.0% | -- | |
| 08/17/2018 08/17/18 | Off Market | $2,000 | -- | -- | |
| 10/01/2017 10/01/17 | Rented | $2,000 | 0.0% | -- | |
| 05/16/2017 05/16/17 | For Rent | $2,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $463,000 | Msc Title Inc | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Quit Claim Deed | -- | Bay Title & Escrow | |
| Corporate Deed | $160,700 | Bay Title & Escrow Company | |
| Trustee Deed | -- | Attorney | |
| Warranty Deed | $320,000 | -- | |
| Deed | $155,000 | -- | |
| Deed | -- | -- | |
| Deed | $239,900 | -- | |
| Warranty Deed | $199,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $416,760 | New Conventional | |
| Previous Owner | $256,000 | New Conventional |
Source: Stellar MLS
MLS Number: N6144572
APN: 79273-0445-6
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Ask me questions while you tour the home.