515 Forest Way Longboat Key, FL 34228
Estimated payment $9,861/month
Highlights
- 40 Feet of Pond Waterfront
- Fitness Center
- Open Floorplan
- Beach Access
- Partial Gulf or Ocean Views
- Clubhouse
About This Home
Experience the ultimate island lifestyle in this masterfully renovated 2,880 sqft living space / 4 Bed/ 3 Bath / 3 Car Garage 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 Resortand Club. This esquist 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 and 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 walk-in shower. Recent updates beyond the full renovation of the interior include 2026 Garage door replacements, 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 that is 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 allowance it's the perfect balance of offset cost when not in use while not living in a hotel community. Exceptional onsite management in place if desired. Fantastic residence, rare opportunity, come take a look today
Listing Agent
CENTURY 21 BEGGINS ENTERPRISES Brokerage Phone: 813-658-2121 License #3081650 Listed on: 01/23/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,802
Year Built
- Built in 1989
Lot Details
- 40 Feet of Pond Waterfront
- Street terminates at a dead end
- South Facing Home
- Masonry wall
- Mature Landscaping
- Irrigation Equipment
- Wooded Lot
- Landscaped with Trees
HOA Fees
- $1,698 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Ground Level Parking
- Garage Door Opener
- Driveway
- Guest Parking
Property Views
- Partial Bay or Harbor
- Pond
- Woods
Home Design
- Traditional Architecture
- Elevated Home
- Shingle Roof
- Cement Siding
- Block Exterior
Interior Spaces
- 2,880 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Built-In Features
- Dry Bar
- High Ceiling
- Ceiling Fan
- Blinds
- Sliding Doors
- Family Room with Fireplace
- Family Room Off Kitchen
- Formal Dining Room
- Storage Room
- Inside Utility
- Basement
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Cooking Island
- Stone Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Upstairs
- Walk-In Closet
- 3 Full Bathrooms
- Bathtub With Separate Shower Stall
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Outdoor Features
- Beach Access
- Fishing Pier
- Access to Bay or Harbor
- Property is near a marina
- Balcony
- Covered Patio or Porch
- Exterior Lighting
- Rain Gutters
- Private Mailbox
Location
- Property is near public transit
Schools
- Anna Maria Elementary School
- Martha B. King Middle School
- Bayshore High School
Utilities
- Central Heating and Cooling System
- Thermostat
- Underground Utilities
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 11
- Assessor Parcel Number 7927304878
Community Details
Overview
- Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, private road, sewer, trash, water
- Cedars East Community
- Cedars East Sec 2 Subdivision
- On-Site Maintenance
- The community has rules related to building or community restrictions, deed restrictions
Amenities
- Restaurant
- Clubhouse
- Community Mailbox
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
Pet Policy
- Pets up to 101 lbs
Security
- Storm Windows
- Fire and Smoke Detector
- Fire Sprinkler System
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $11,699 | $348,551 | -- | $348,551 |
| 2024 | $11,699 | $935,000 | -- | $935,000 |
| 2023 | $11,074 | $875,500 | $0 | $875,500 |
| 2022 | $9,105 | $624,750 | $0 | $624,750 |
| 2021 | $7,685 | $470,000 | $0 | $470,000 |
| 2020 | $8,309 | $485,000 | $0 | $485,000 |
| 2019 | $7,948 | $485,000 | $0 | $485,000 |
| 2018 | $7,057 | $400,000 | $0 | $0 |
| 2017 | $6,057 | $369,000 | $0 | $0 |
| 2016 | $5,715 | $339,900 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/23/2026 01/23/26 | For Sale | $1,495,000 | +174.3% | $519 / Sq Ft | |
| 11/30/2020 11/30/20 | Sold | $545,000 | -2.5% | $189 / Sq Ft | View Prior Sale |
| 10/27/2020 10/27/20 | Pending | -- | -- | -- | |
| 10/19/2020 10/19/20 | Price Changed | $559,000 | -4.4% | $194 / Sq Ft | |
| 06/18/2020 06/18/20 | Price Changed | $585,000 | -2.3% | $203 / Sq Ft | |
| 04/22/2020 04/22/20 | For Sale | $599,000 | -- | $208 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $545,000 | Properties Title Llc | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $595,000 | Sunbelt Title Agency | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $340,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $190,000 | Purchase Money Mortgage |
Source: Stellar MLS
MLS Number: A4679679
APN: 79273-0487-8
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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