528 FOREST WAY Longboat Key, FL 34228
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $423
Subdivision Cedars East Sec 2
MLS Listing ID A4662713
Bedrooms 2
Full Baths 2
Half Baths 1
Condo Fees $2,781
Construction Status Completed
HOA Y/N No
Annual Recurring Fee 11124.0
Year Built 1989
Annual Tax Amount $6,246
Lot Size 2.100 Acres
Acres 2.1
Property Sub-Type Townhouse
Source Stellar MLS
Property Description
This meticulously maintained residence presents an ideal proposition for both personal enjoyment & lucrative rental income, boasting a flexible two-week minimum rental allowance. With an approximate gross annual income of $50,000, even with several months of owner occupancy or vacancy, this property offers substantial returns. A rare asset on Longboat Key, the oversized garage includes a substantial storage closet, perfect for accommodating hobbies and recreational gear. The exterior received a comprehensive upgrade in 2018 with the installation of low-maintenance Hardi Board Siding and all new High-Impact Windows. In 2023, a brand-new hurricane-rated garage door was installed, further enhancing the home's resilience. Both air conditioning units were replaced in 2021, ensuring optimal comfort and efficiency. Finally, 2024 brought a brand new roof.
Cedars East offers the convenience of on-site rental management, if desired. This 66-acre village-like townhome community 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. Lots to love here, come see it today.
Location
State FL
County Manatee
Community Cedars East Sec 2
Area 34228 - Longboat Key
Zoning LBK_R-3MX
Rooms
Other Rooms Inside Utility, Storage Rooms
Interior
Interior Features Ceiling Fans(s), Crown Molding, High Ceilings, Kitchen/Family Room Combo, Split Bedroom, Stone Counters, Thermostat, Window Treatments
Heating Central
Cooling Central Air
Flooring Carpet, Ceramic Tile
Furnishings Furnished
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Laundry Electric Dryer Hookup, Inside, Laundry Room
Exterior
Exterior Feature Balcony, Lighting, Rain Gutters, Sidewalk, Sliding Doors, Tennis Court(s)
Parking Features Oversized, Tandem, Basement
Garage Spaces 2.0
Pool Gunite, Heated, In Ground, Lighting, Outside Bath Access
Community Features Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Restaurant, Sidewalks, Tennis Court(s), Street Lights
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Amenities Available Cable TV, Clubhouse, Maintenance, Optional Additional Fees, Pool, Trail(s)
Waterfront Description Bay/Harbor
Water Access Yes
Water Access Desc Bay/Harbor,Intracoastal Waterway
Roof Type Shingle
Porch Covered, Rear Porch
Attached Garage true
Garage true
Private Pool Yes
Building
Lot Description FloodZone, City Limits, Landscaped, Near Marina, Near Public Transit, Sidewalk, Private
Story 3
Entry Level Three Or More
Foundation Block
Lot Size Range 2 to less than 5
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Block,Cement Siding,Stucco
New Construction false
Construction Status Completed
Schools
Elementary Schools Anna Maria Elementary
Middle Schools Martha B. King Middle
High Schools Bayshore High
Others
Pets Allowed Breed Restrictions, Yes
HOA Fee Include Cable TV,Pool,Escrow Reserves Fund,Insurance,Maintenance Structure,Maintenance Grounds,Maintenance,Management,Pest Control,Private Road,Sewer,Trash,Water
Senior Community No
Ownership Condominium
Monthly Total Fees $927
Special Listing Condition None
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