539 FOREST WAY #539, LONGBOAT KEY, FL, 34228
$639,000
Residential
|
Bedrooms
2
|
Bathrooms
3
|
Living Area
1,440 Sqft
|
Second-home buyers and investment-minded buyers, take note. This beautifully furnished, turnkey residence at Cedars East on Longboat Key offers the rare combination of a polished coastal retreat, an established rental history, and meaningful upside potential.
The home has generated approximately $50,000 in average annual rental payout revenue, after Airbnb and VRBO fees, providing a proven income history while maintaining the flexibility of up to 26 rental opportunities a year—an unusually flexible arrangement for Longboat Key. The owners have invested more than $130,000 in upgrades and improvements since 2021, creating a home that is not simply rental-ready, but thoughtfully maintained and continually enhanced. The current owners have created a home designed to deliver an exceptional guest experience. The sale includes the home's high-quality furnishings, top-of-the-line kitchenware—including All-Clad cookware—solid dishware, premium beach equipment and carefully selected décor. The result is reflected in the property's rental reputation, with more than 40, 5-Star Airbnb reviews from previous guests. Positioned near the front of Cedars East, the residence offers more convenient access to the Gulf beaches than many locations within the community and is next to the Longboat Key bike path. Inside, the 1,440-square-foot, two-bedroom, 2½-bath residence features an open living and dining area, a large garage, and a private, wooded outlook from the living room and lanai. The lush greenery creates a wonderfully private, almost treehouse-like setting—a peaceful contrast to the Gulf just moments away. Residents of Cedars East enjoy a resort-style setting with HOA amenities including the community pool, kayak and paddle board launch, fishing pier, cable, water, sewer, trash and pest control.Optional membership at the Cedars Tennis Resort & Club provides access to additional tennis, pickleball and fitness amenities. Whether you're looking for a beautifully finished Longboat Key retreat, a second home that can generate income, or a turnkey vacation property with an established rental history, this residence offers a compelling combination of lifestyle and flexibility. Come experience The Longboat Key Life.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRA4706129 | Year Built: | 1990 | |
| Appliances: | Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer | Architectural Style: | Traditional | |
| Association Amenities: | Maintenance | Association Fee Includes: | Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Private Road, Sewer, Trash, Water | |
| Community Features: | Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Tennis Court(s) | Construction Materials: | Block, Cement Siding, Frame | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Manatee | Direction Faces: | West | |
| Exterior Features: | Balcony, Lighting, Rain Gutters | Flooring: | Luxury Vinyl, Tile | |
| Foundation Details: | Slab | Furnished: | Furnished | |
| Heating: | Central, Electric | Laundry Features: | Upper Level | |
| Levels: | Three Or More | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Conventional | Lot Features: | Cul-De-Sac, Landscaped, Level, Street Dead-End, Paved | |
| Occupant Type: | Vacant | Other Equipment: | Irrigation Equipment | |
| Parking Features: | Common, Driveway, Garage Door Opener, Ground Level, Guest, Open, Oversized | Patio And Porch Features: | Covered, Rear Porch, Screened | |
| Pets Allowed: | Cats OK, Dogs OK, Number Limit, Size Limit, Yes | Pool Features: | In Ground | |
| Possession: | Close Of Escrow | Property Condition: | Completed | |
| Property Sub Type: | Condominium | Property Type: | Residential | |
| Road Surface Type: | Asphalt | Roof: | Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | Coming Soon - Allowing Showings, Supra Lock Box, ShowingTime | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected | |
| View: | Tennis Court, Trees/Woods | Water Source: | Public | |
| Window Features: | Blinds | |||
| Rooms | Rooms | |||
|---|---|---|---|---|
| Living Room: | 16x18 ft | Dining Room: | 13x15 ft | |
| Kitchen: | 11x8 ft | Primary Bedroom: | 13x15 ft | |
| Bathroom 2: | 12x14 ft | Balcony/Porch/Lanai: | 7x15 ft | |
| Bathroom 1: | ||||
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