Skip main navigation
Sold for $610,000
  • $610,000

    507 FOREST WAY, LONGBOAT KEY, FL 34228

    2beds
    1,440sqft
    Townhouse
    Built in 1990
    -- sqft lot
    $453,200 Zestimate®
    $424/sqft
    $-- Estimated rent

    Home value

    $453,200

    $394,000 - $521,000

    Not available

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more
    Refinance and save

    $5,053/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $5,053/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    One of the best opportunities on longboat key is now back available. This stunning townhome is located in the sought-after Cedars East Tennis & Fitness Resort on the beautiful Longboat Key. This townhome has been beautifully remodeled and is move-in ready, making it an actual must-see property. It is offered turnkey furnished (excluding a few personal items), providing a hassle-free move for the new owner. With 2 bedrooms and 2.5 bathrooms, high ceilings, open floor plan, there is plenty of space for comfortable living. High-impact windows and exterior hardi board siding have been completed by the long-time sellers. Both ACs have been replaced and updated.  Gorgeous interior with upgraded flooring throughout.  The Kitchen is stunning and very recently completed with its White cabinets, quartz tops, higher-end appliances, and tasteful backsplash. All three restrooms have also been upgraded and remodeled. The master bath boasts a glass walk-in shower with beautiful tile work and updated dual vanities. The Lanai is a special place in this location.  Private and wooded native landscape views put you in that island state of mind. With the open plan and high ceiling tropical foliage can be seen throughout the living area.  The oversized garage with space for 2 cars is a great feature, providing ample storage and parking. This townhome is an ideal choice for anyone looking for a stylish and comfortable property in a desirable LBK location. Cedars East is a 66-acre village-like townhome setting, surrounded by nature & close access to both the beach and bay on the beautiful north end of Longboat Key. Spacious and tropical community w/ lit boardwalks leading through mangroves to amenities including heated Jr. Olympic Size Pool, Ten Har-Tru Tennis Courts, Club House w/ Pro-Shop, 24hr Fitness Center, Tiki bar, Restaurant, Fishing Pier & kayak launch. Some amenities require add'l membership to the club for use. Walking distance to area attractions like Harry's Deli and Continental Kitchen, a true island gem in Joan Durante Park, Euphemia Haye Restaurant & The Haye Loft, and of course Longboat Key's world-famous sugary white sand beaches. Close to other main attractions and cultural events, e.g., St. Armand’s Circle - famous for world-class shopping and dining, Mote Aquarium with marine exhibits and marine/kayaking excursions, the Asolo Repertory Theatre, Van Wezel Performing Arts Center, Marie Selby Gardens, Anna Maria Island, Ringling Museum complex and numerous dining options on Longboat and in downtown Sarasota. If you are a golfer, there are a number of top-rated courses nearby. Spacious Condo Ownership property w/ Townhome Design is perfect for seasonal or year-round living. Convenient on-site rental mgmt company if desired with a convenient 2-week minimum rental policy w/in the community. Cedars is also a large pet-friendly community!! Finally, the sellers are offering completely turn-key furnished (Excluding limited personal tenant items) to make your move seamless so, as you can see, what a property for your new beach residence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jesse Griffin 941-822-6165,

    CENTURY 21 BEGGINS ENTERPRISES 813-658-2121

    Bought with:

    Pam Bailey, 3435037

    COLDWELL BANKER REALTY

    Mairead Smialek, 3448857

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4599448MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Utility Room, Storage Rooms
    Primary bedroom
    • Features: Built-in Closet
    • Level: Third
    • Dimensions: 15x14
    Bedroom 2
    • Features: Walk-In Closet(s)
    • Level: Third
    • Dimensions: 11x15
    Balcony porch lanai
    • Level: Second
    • Dimensions: 7x14
    Kitchen
    • Level: Second
    • Dimensions: 17x11
    Living room
    • Level: Second
    • Dimensions: 17x24
    Heating
    • Central, Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat
    • Flooring: Carpet, Ceramic Tile, Other
    • Doors: Sliding Doors
    • Windows: Blinds, Drapes, Storm Window(s), Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 2,268
    • Total interior livable area: 1,440 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Ground Level, Oversized, Tandem
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Covered, Rear Porch, Screened
    • Exterior features: Irrigation System, Lighting, Sidewalk
    • Fencing: Masonry
    • Has view: Yes
    • View description: Trees/Woods
    • Waterfront features: Bay/Harbor Front, Waterfront, Bay/Harbor, Bay/Harbor Access, Fishing Pier
    • Body of water: SARASOTA BAY
    Lot
    • Features: Cul-De-Sac, City Lot, Landscaped, Near Marina, Near Public Transit, Sidewalk, Street Dead-End
    • Residential vegetation: Mature Landscaping, Trees/Landscaped, Wooded
    Details
    • Parcel number: 7927304654
    • Zoning: LBK_R-3MX
    • Special conditions: None

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Elevated
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • Block, Cement Siding, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Completed
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Underground Utilities, Water Connected

    Community & HOA

    Community
    • Features: Bay/Harbor Front, Fishing, Intracoastal Waterway, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Restaurant, Special Community Restrictions
    • Security: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: CEDARS EAST SEC 2
    HOA
    • Has HOA: Yes
    • Amenities included: Cable TV, Pool
    • Services included: Cable TV, Community Pool, Reserve Fund, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pool Maintenance, Private Road, Sewer, Trash, Water
    • HOA fee: $905 monthly
    • HOA name: Cedars East
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $424/sqft
    • Tax assessed value: $207,060
    • Annual tax amount: $6,667
    • Date on market: 2/12/2024
    • Cumulative days on market: 82 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    8/12/2024Sold$610,000-6%$424/sqft
    Source: Stellar MLS #A4599448 Report a problem
    7/5/2024Pending sale$649,000$451/sqft
    Source: Stellar MLS #A4599448 Report a problem
    6/18/2024Price change$649,000-3.1%$451/sqft
    Source: Stellar MLS #A4599448 Report a problem
    4/22/2024Price change$669,500-3.7%$465/sqft
    Source: Stellar MLS #A4599448 Report a problem
    2/20/2024Pending sale$695,000$483/sqft
    Source: Stellar MLS #A4599448 Report a problem
    2/12/2024Listed for sale$695,000$483/sqft
    Source: Stellar MLS #A4599448 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,494 -50.5%$207,060 -43.4%
    2024$7,054 +5.8%$366,025 +10%
    2023$6,667 +20.9%$332,750 +10%
    2022$5,515 +13.5%$302,500 +10%
    2021$4,859 +2.6%$275,000 +3.8%
    2020$4,736 +4.1%$265,000 +9.5%
    2019$4,548 $242,000 +10%
    2018$4,548 +11.8%$220,000 +4.5%
    2017$4,070 +53.4%$210,500 +12%
    2016$2,654 $187,900
    2015$2,654 $187,900 +18.8%
    2014$2,654 +3.6%$158,106 +3%
    2013$2,561 +256038%$153,501 -17.3%
    2012$1 $185,646 +7%
    2011$1 $173,501 -20.1%
    2010-- $217,036 -4.1%
    2009$3,724 -25.6%$226,283 -27%
    2008$5,005 -9.2%$309,977 -8%
    2007$5,514 -9.2%$336,931 -2.9%
    2006$6,070 +27.3%$347,171 +32%
    2005$4,767 +18.5%$263,008 +20.9%
    2004$4,022 -1.2%$217,578 +2.2%
    2003$4,071 +13%$212,791 +15%
    2002$3,602 +14.5%$185,035 +15%
    2001$3,145 -2%$160,900
    2000$3,208 $160,900
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Anna Maria Elementary
    • Middle: Martha B. King Middle
    • High: Bayshore High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $453,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $453,200