$639,000

847 Evergreen Way Longboat Key, FL 34228

Estimated payment $4,958/month

Total Views 32
2 Beds
2.5 Baths
1,440 Sq Ft
$444 Price per Sq Ft

Highlights

  • Fishing Pier
  • Fitness Center
  • Open Floorplan
  • Anna Maria Elementary School Rated A-
  • 3.12 Acre Lot
  • Clubhouse

About This Home

Income-Producing Coastal Gem – This TURNKEY FURNISHED 2BR/2.5BA townhome in the exclusive Cedars East Tennis Resort isn’t just a slice of paradise—it’s a proven performer. With $80,000 in past annual rental income and future bookings already secured, this property offers immediate cash flow and long-term upside. Inside, enjoy 1,440 sq ft of updated living space featuring a gourmet kitchen with granite countertops, spa-inspired bathrooms, and a private oversized garage. Spacious, bright primary suite include 2 separate vanities in the ensuite bathroom. Laundry on the top bedroom floor for added convenience. The open layout and tasteful coastal decor make it ideal for guests and owners alike. Turnkey Investment Highlights: Strong rental history with $90K+ annual income, Future bookings in place for seamless transition. Resort like amenities include: 10 Har-Tru Tennis Courts, Heated Jr. Olympic Pool,24-Hour Fitness Center, Bay Access with Kayak Launch, Private Fishing Pier, and Scenic Boardwalks through Mangroves. Prime Location: Minutes from Longboat Key beaches, St. Armands Circle, downtown Sarasota, and Anna Maria Island. Whether you're expanding your portfolio or seeking a personal retreat with income potential, this Longboat Key treasure delivers lifestyle and ROI. *NO Flood Damage

Listing Agent

Kiki Bowers

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #3580326 Listed on: 09/17/2025

COLDWELL BANKER REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,510

Year Built

  • Built in 1991

Lot Details

  • North Facing Home

HOA Fees

  • $874 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Tri-Level Property
  • Slab Foundation
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 1,440 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Fishing Pier
  • Access to Bay or Harbor
  • Balcony
  • Courtyard

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, insurance, maintenance structure, ground maintenance, management, private road, recreational facilities, trash
  • Bob Macdonald Association, Phone Number (941) 444-4119
  • Visit Association Website
  • Cedars East Community
  • Cedars East Sec 3 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 30 lbs
  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,510

Year Built

Built in 1991

Lot Details

0

HOA Fees

$874 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Insurance, Maintenance Structure, Maintenance Grounds, Management, Private Road, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: HardiPlank Type
  • Fireplace: No
  • Living Area: 1440
  • Lot Size Acres: 3.12
  • New Construction: No
  • Year Built: 1991
  • Building Area Total: 2268
  • Lot Size Sq Ft: 135921
  • Directions to Property: Heading North on Gulf of Mexico Drive from St. Armands Circle, turn right on Companion Way, drive to the end to Cedars East, Evergreen Way. Take a right upon entering and curve around to the left. Unit is on the left. Parking in front of condo/townhome.
  • Status: Active
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow City: Sarasota
  • Escrow Postal Code: 34236
  • Escrow State: FL
  • Escrow Street Name: Ringling Blvd
  • Escrow Street Number: 1900
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 2 Weeks
  • RATIO Current Price By Calculate: 443.75
  • Total Acreage: 2 to less than 5
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-383-6411
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Thermostat, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Street Number Modifier: 847
  • Living Area Meters: 133.78
  • Room Count: 10

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Courtyard, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: SARASOTA BAY
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081C0291F
  • Additional Water Information: Walking/kayak/canoe/SUP access directly to bay. Community Fishing pier

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Fitness Center, Golf Carts OK, Pool, Sidewalks, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Bob MacDonald
  • Phone: 941.444.4119
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: No exotic pets or dangerous breed dogs
  • Association Fee Requirement: Required
  • Building Name Number: CEDARS EAST 3
  • Condo Fees: 2623
  • Max Pet Weight: 30
  • Association Email: bmacdonald@camgtfl.com
  • Monthly Condo Fee Amount: 874
  • Association URL: https://www.camgtfl.com

Fee Information

  • Total Annual Fees: 10492.00
  • Total Monthly Fees: 874.33
  • Monthly HOA Amount: 0.00

Lot Info

  • Zoning: R3MX/PC
  • Parcel Number: 7927307459
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 12627

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Breed Restrictions
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See attached Condominium Bylaws and FAQ. Board approval if tenant more than 2 years

Tax Info

  • Tax Annual Amount: 8510
  • Tax Book Number: 1304-2217
  • Tax Lot: 34

Multi Family

  • Approval Process: Condo Questionnaire- $150.00 (Up to 5 business days, no rush available.) Application Fee- $50.00 for Cedars the fee is $100 payable to Cedars East and $100 payable to Coastal Association Management.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $8,510 $207,060 -- $207,060
2024 $8,510 $552,500 -- $552,500
2023 $8,123 $514,250 $0 $514,250
2022 $5,365 $367,500 $0 $367,500
2021 $4,520 $275,000 $0 $275,000
2020 $4,586 $265,000 $0 $265,000
2019 $4,611 $265,000 $0 $265,000
2018 $3,921 $220,000 $0 $0
2017 $3,638 $216,900 $0 $0
2016 $3,359 $195,000 $0 $0
2015 $3,211 $216,800 $0 $0
2014 $3,211 $191,299 $0 $0
2013 $3,099 $185,727 $1 $185,726
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2025 09/17/25 For Sale $639,000 +3.9% $444 / Sq Ft
04/12/2022 04/12/22 Sold $615,000 0.0% $427 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/17/2022 02/17/22 For Sale -- -- --
01/24/2022 01/24/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $615,000 0.0% $427 / Sq Ft
10/06/2020 10/06/20 Rented $2,500 0.0% --
09/03/2020 09/03/20 For Rent $2,500 0.0% --
08/15/2020 08/15/20 Off Market $2,500 -- --
07/20/2020 07/20/20 Price Changed $2,500 -28.6% $2 / Sq Ft
07/14/2020 07/14/20 For Rent $3,500 0.0% --
04/26/2018 04/26/18 Sold $395,000 -3.7% $274 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $410,000 -- $285 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $615,000 Berlin Patten Ebling Pllc
Warranty Deed $395,000 Attorney
Warranty Deed $285,000 North American Title Company
Warranty Deed $204,000 --
Warranty Deed $185,000 --
Deed $209,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $307,500 Credit Line Revolving
Previous Owner $140,000 Purchase Money Mortgage
Previous Owner $140,000 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: A4665172

Stellar MLS

APN: 79273-0745-9