Seller's Agent in 2025
Lisa Garcia
COLDWELL BANKER REALTY
(941) 266-9060
7 in this area
56 Total Sales
541 Edlee Ln Longboat Key, FL 34228
3
Beds
3
Baths
2,664
Sq Ft
0.28
Acres
Highlights
- Access To Intracoastal Waterway
- Heated In Ground Pool
- Deck
- Boat Ramp
- Coastal Architecture
- Private Lot
About This Home
As of April 2025PRICE IMPROVEMENT OF $100,000 – NOW $1,285,000
Welcome to 541 Edlee Lane, a private Key West-inspired retreat tucked away on a quiet and secluded street in the heart of Longboat Key. Just a 6-minute walk to the pristine beaches and steps from your deeded boat launch into Sarasota Bay, this home offers an unparalleled blend of privacy, charm, and coastal convenience. Surrounded by lush tropical landscaping, this 3-bedroom, 3-bathroom home seamlessly combines timeless architectural details with thoughtful, modern updates throughout.
Inside, the home is light, bright, and airy, featuring engineered wood flooring, recessed lighting, and a beautifully remodeled kitchen with custom cabinetry, quartz countertops, high-end appliances, and a touch-free faucet—perfect for cooking and entertaining. Each of the three bathrooms has been completely redesigned with spa-like finishes, creating the ultimate space to relax and unwind. The first floor is built entirely with cement board, providing durability and peace of mind.
The outdoor living spaces are just as inviting, featuring a resort-style pool with a new pump, heater, and salt cell system, all surrounded by lush tropical landscaping that enhances the home’s private and tranquil setting. Whether you’re enjoying the beach, launching your boat into the bay, or relaxing by the pool, this home offers the best of coastal Florida living.
This property is move-in ready, making it ideal for a full-time residence or exceptional rental investment. Additionally, no sheetrock needed to be removed following Hurricane Helene, ensuring a solid and worry-free investment. For those looking to expand, the opportunity exists to **purchase the adjacent lot MLS #A4637426, creating an estate of just over half an acre—perfect for enhancing the existing home, adding outdoor living spaces, or designing a custom coastal retreat.
Don’t miss this rare opportunity to own a piece of Longboat Key paradise at an incredible value!
Last Agent to Sell the Property
COLDWELL BANKER REALTY Brokerage Phone: 941-366-8070 License #3479438 Listed on: 01/24/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,093
Year Built
- Built in 1976
Lot Details
- 0.28 Acre Lot
- Cul-De-Sac
- South Facing Home
- Private Lot
- Landscaped with Trees
- Property is zoned R3SF
Home Design
- Coastal Architecture
- Key West Architecture
- Bi-Level Home
- Block Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 2,664 Sq Ft Home
- Ceiling Fan
- Insulated Windows
- Great Room
- Living Room
- Dining Room
- Home Office
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Range
- Recirculated Exhaust Fan
- Dishwasher
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Engineered Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Bathroom
- Closet Cabinetry
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Pool Sweep
- Auto Pool Cleaner
- Pool Lighting
Outdoor Features
- Access To Intracoastal Waterway
- Access to Bay or Harbor
- Boat Ramp
- Balcony
- Deck
- Covered Patio or Porch
- Private Mailbox
Location
- Flood Zone Lot
Schools
- Anna Maria Elementary School
- Martha B. King Middle School
- Bayshore High School
Utilities
- Central Air
- Ductless Heating Or Cooling System
- Heating Available
- Thermostat
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Sleepy Lagoon Community
- Sleepy Lagoon Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 15-A
- Assessor Parcel Number 7838900004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 23, 2020
Closed on
Mar 26, 2021
Sold by
Moats Ashlee
Bought by
Derosa Jennifer
Seller's Agent
Philip Mobilio, IV
FINE PROPERTIES
Buyer's Agent
Lisa Garcia
COLDWELL BANKER REALTY
List Price
$690,000
Sold Price
$650,000
Premium/Discount to List
-$40,000
-5.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,792
Avg. Annual Appreciation
14.25%
Original Mortgage
$520,000
Outstanding Balance
$467,974
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$747,818
Purchase Details
Closed on
Feb 15, 2015
Sold by
Moat David and Moats Ashlee
Bought by
Moats Ashlee
Purchase Details
Listed on
Jun 20, 2013
Closed on
Sep 4, 2013
Sold by
Stuckey & Allen Real Estate Investments
Bought by
Moats David and Moats Ash Lee
Seller's Agent
Ann Martin
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ann Martin
MICHAEL SAUNDERS & COMPANY
List Price
$399,000
Sold Price
$302,000
Premium/Discount to List
-$97,000
-24.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%
Purchase Details
Listed on
Jul 5, 2012
Closed on
Oct 22, 2012
Sold by
E*Trade Bank
Bought by
Stuckey & Allen Real Estate Investment L
Seller's Agent
CAROLINE PINSON
COLDWELL BANKER REALTY
Buyer's Agent
Sharon Morea
EXIT KING REALTY
List Price
$270,000
Sold Price
$270,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.74%
Original Mortgage
$236,041
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 23, 2012
Sold by
Patton David D and Valente Tina
Bought by
E Trade Bank
Purchase Details
Closed on
Jun 13, 2008
Sold by
Valente Tina
Bought by
Patton David D
Purchase Details
Closed on
May 19, 2004
Sold by
Aquino John B and Aquino Cheryl R
Bought by
Patton David D and Valente Tina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $650,000 | Stewart Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $302,000 | Attorney | |
| Special Warranty Deed | $270,000 | Attorney | |
| Trustee Deed | $240,200 | Attorney | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $355,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $520,000 | New Conventional | |
| Previous Owner | $236,041 | Purchase Money Mortgage | |
| Previous Owner | $284,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/15/2025 04/15/25 | Sold | $1,250,000 | -2.7% | $469 / Sq Ft | |
| 03/15/2025 03/15/25 | Pending | -- | -- | -- | |
| 03/06/2025 03/06/25 | Price Changed | $1,285,000 | -7.2% | $482 / Sq Ft | |
| 01/24/2025 01/24/25 | For Sale | $1,385,000 | +113.1% | $520 / Sq Ft | |
| 03/26/2021 03/26/21 | Sold | $650,000 | -5.8% | $235 / Sq Ft | View Prior Sale |
| 02/13/2021 02/13/21 | Pending | -- | -- | -- | |
| 02/08/2021 02/08/21 | Price Changed | $690,000 | 0.0% | $250 / Sq Ft | |
| 02/08/2021 02/08/21 | For Sale | $690,000 | -5.3% | $250 / Sq Ft | |
| 01/21/2021 01/21/21 | Pending | -- | -- | -- | |
| 01/13/2021 01/13/21 | Price Changed | $729,000 | -2.8% | $264 / Sq Ft | |
| 12/23/2020 12/23/20 | For Sale | $749,990 | +148.3% | $271 / Sq Ft | |
| 09/03/2013 09/03/13 | Sold | $302,000 | -13.5% | $109 / Sq Ft | View Prior Sale |
| 08/05/2013 08/05/13 | Pending | -- | -- | -- | |
| 07/10/2013 07/10/13 | Price Changed | $349,000 | -12.5% | $126 / Sq Ft | |
| 06/20/2013 06/20/13 | For Sale | $399,000 | +47.8% | $144 / Sq Ft | |
| 10/22/2012 10/22/12 | Sold | $270,000 | 0.0% | $98 / Sq Ft | View Prior Sale |
| 09/10/2012 09/10/12 | Pending | -- | -- | -- | |
| 07/05/2012 07/05/12 | For Sale | $270,000 | -- | $98 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $11,093 | $764,279 | -- | -- |
| 2024 | $11,093 | $742,740 | -- | -- |
| 2023 | $11,012 | $721,107 | $0 | $0 |
| 2022 | $7,979 | $700,104 | $219,600 | $480,504 |
| 2021 | $7,660 | $496,324 | $0 | $0 |
| 2020 | $7,935 | $489,471 | $0 | $0 |
| 2019 | $7,800 | $478,466 | $0 | $0 |
| 2018 | $7,747 | $469,545 | $0 | $0 |
| 2017 | $6,866 | $459,887 | $0 | $0 |
| 2016 | $7,264 | $448,346 | $0 | $0 |
| 2015 | $5,915 | $435,221 | $0 | $0 |
| 2014 | $5,915 | $352,365 | $0 | $0 |
| 2013 | $6,451 | $386,616 | $133,700 | $252,916 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Garcia
-
James Toth
Buyer's Agent in 2025
James Toth
PREMIER SOTHEBYS INTL REALTY
(215) 407-2986
2 in this area
50 Total Sales
-
Philip Mobilio, IV
P
Seller's Agent in 2021
Philip Mobilio, IV
FINE PROPERTIES
(941) 782-0000
1 in this area
22 Total Sales
-
Ann Martin
Seller's Agent in 2013
Ann Martin
Michael Saunders
(941) 356-7717
19 in this area
153 Total Sales
-
Joanna Benante
Seller Co-Listing Agent in 2013
Joanna Benante
Michael Saunders
(941) 356-7718
15 in this area
151 Total Sales
-
C
Seller's Agent in 2012
CAROLINE PINSON
COLDWELL BANKER REALTY
Map
Source: Stellar MLS
MLS Number: A4637254
APN: 78389-0000-4
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