NEW PRICE, AMAZING OPPORTUNITY!!! Experience the ultimate island lifestyle in this masterfully renovated 2,880 sqft, 4 Bed/3 Bath "lock-and-leave" condo at Cedars Tennis Resort and Club. Elevated sanctuary on the tranquil north end of Longboat Key. Offering the expansive feel of a single-family residence with the effortless "lock-and-leave" ease of being in the beautiful condo community of Cedars Tennis Resort and Club. This exquisite 4BR/3BA retreat defines coastal chic. A private elevator serves all three levels, opening into a sun-drenched great room with soaring ceilings, a fireplace, and a gourmet kitchen featuring dual islands and designer finishes. The refined dining room opens right off of this space with its custom built-in cabinetry and dry bar, ideal for any social gathering. Relax on your private, screened lanais overlooking lush tropical foliage and serene ponds, with peek-a-boo views of the Gulf. There is one on each living level. Rounding out the main living area is a versatile den/office (currently used as the 4th bedroom), a full third bathroom, beautiful hardwood floors throughout and a dedicated laundry room. The primary suite is a true oasis with a spa-inspired sunken bath, large walk-in shower, dual vanities and walk-in closets. Upstairs beyond the oasis of a primary there are two additional oversized guest bedrooms and a beautifully renovated guest bathroom with a walk-in shower. Recent updates beyond the full interior renovation include 2026 garage door replacements, and 2024 roof and AC replacement. Hardi- Board siding on exterior and Pella high-impact windows. The split 3-car garage provides total peace of mind and the rare abundance of space and storage. Nestled in the 66-acre village-like townhome community 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. Cedars East is the rare community on LBK that offers shorter-term rental allowance with its 2-week minimum, making it the perfect balance for offsetting costs when not in use, without living in a hotel community. Exceptional onsite management is in place if desired. Fantastic residence, rare opportunity, come take a look today!
For sale
Price cut: $25K (4/3)
$1,420,000
515 Forest Way, Longboat Key, FL 34228
4beds
2,880sqft
Condominium
Built in 1989
-- sqft lot
$-- Zestimate®
$493/sqft
$1,698/mo HOA
What's special
- 152 days |
- 357 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Jesse Griffin 941-822-6165,
CENTURY 21 BEGGINS ENTERPRISES 813-658-2121
Source: Stellar MLS,MLS#: A4679679
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Family Room, Dining Room, Utility Room, Storage Rooms
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Third
- Area: 196 Square Feet
- Dimensions: 14x14
Bedroom 2
- Features: Built-in Closet
- Level: Third
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 3
- Features: Built-in Closet
- Level: Third
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 4
- Features: Built-in Closet
- Level: Second
- Area: 154 Square Feet
- Dimensions: 14x11
Primary bathroom
- Features: Tub with Separate Shower Stall
- Level: Third
- Area: 192 Square Feet
- Dimensions: 16x12
Dining room
- Level: Second
- Area: 187 Square Feet
- Dimensions: 17x11
Kitchen
- Features: Kitchen Island
- Level: Second
- Area: 154 Square Feet
- Dimensions: 14x11
Living room
- Level: Second
- Area: 396 Square Feet
- Dimensions: 18x22
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Laundry: Inside
Features
- Built-in Features, Ceiling Fan(s), Dry Bar, Eating Space In Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Stone Counters, Thermostat, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile, Porcelain Tile, Hardwood
- Doors: Sliding Doors
- Windows: Blinds, Window Treatments
- Basement: Other
- Has fireplace: Yes
- Fireplace features: Family Room
Interior area
- Total structure area: 4,536
- Total interior livable area: 2,880 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Covered, Driveway, Garage Door Opener, Ground Level, Guest, Oversized, Split Garage
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Covered, Rear Porch, Screened
- Exterior features: Balcony, Irrigation System, Lighting, Private Mailbox, Rain Gutters
- Fencing: Masonry
- Has view: Yes
- View description: Trees/Woods, Water, Gulf/Ocean - Partial, Pond
- Has water view: Yes
- Water view: Water,Gulf/Ocean - Partial,Pond
- Waterfront features: Bay/Harbor Front, Waterfront, Pond, Bay/Harbor Access, Beach Access, Fishing Pier
- Body of water: SARASOTA BAY
Lot
- Features: Landscaped, Near Marina, Near Public Transit, Sidewalk, Street Dead-End
- Residential vegetation: Mature Landscaping, Trees/Landscaped, Wooded
Details
- Parcel number: 7927304878
- Zoning: R3MX/PC
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
Materials
- Block, Cement Siding
- Foundation: Basement
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Bay/Harbor Front, Dock, Fishing, Intracoastal Waterway, Water Access, Waterfront, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Restaurant, Special Community Restrictions, Tennis Court(s)
- 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, Clubhouse, Maintenance, Pool
- Services included: Cable TV, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Sewer, Trash, Water
- HOA fee: $1,698 monthly
- HOA name: N/A
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $493/sqft
- Tax assessed value: $348,551
- Annual tax amount: $4,802
- Date on market: 1/23/2026
- Cumulative days on market: 153 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Price change | $1,420,000-1.7%$493/sqft |
Source:  Stellar MLS #A4679679 Report a problem | ||
| 3/5/2026 | Price change | $1,445,000-1.7%$502/sqft |
Source: Stellar MLS #A4679679 Report a problem | ||
| 2/17/2026 | Price change | $1,470,000-1.7%$510/sqft |
Source: Stellar MLS #A4679679 Report a problem | ||
| 1/23/2026 | Listed for sale | $1,495,000+174.3%$519/sqft |
Source: Stellar MLS #A4679679 Report a problem | ||
| 12/1/2020 | Sold | $545,000-2.5%$189/sqft |
Source: Public Record Report a problem | ||
| 10/27/2020 | Pending sale | $559,000$194/sqft |
Source: BLUESRQ REAL ESTATE INC #A4465231 Report a problem | ||
| 10/20/2020 | Price change | $559,000-4.4%$194/sqft |
Source: BLUESRQ REAL ESTATE INC #A4465231 Report a problem | ||
| 6/18/2020 | Price change | $585,000-2.3%$203/sqft |
Source: BLUESRQ REAL ESTATE INC #A4465231 Report a problem | ||
| 4/22/2020 | Price change | $599,000-0.1%$208/sqft |
Source: BLUESRQ REAL ESTATE INC #A4465231 Report a problem | ||
| 11/5/2019 | Price change | $599,899-4%$208/sqft |
Source: RE/MAX TROPICAL SANDS #A4448308 Report a problem | ||
| 10/9/2019 | Listed for sale | $624,888-3.7%$217/sqft |
Source: RE/MAX TROPICAL SANDS #A4448308 Report a problem | ||
| 8/17/2019 | Listing removed | $649,000$225/sqft |
Source: Owner Report a problem | ||
| 4/15/2019 | Listed for sale | $649,000-1.7%$225/sqft |
Source: Owner Report a problem | ||
| 1/31/2019 | Listing removed | $659,900$229/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker #A4403446 Report a problem | ||
| 10/15/2018 | Price change | $659,900-2.2%$229/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker #A4403446 Report a problem | ||
| 9/6/2018 | Price change | $674,900-3.4%$234/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker #A4403446 Report a problem | ||
| 5/21/2018 | Listed for sale | $699,000+17.5%$243/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker #A4403446 Report a problem | ||
| 12/15/2005 | Sold | $595,000+75%$207/sqft |
Source: Public Record Report a problem | ||
| 7/11/1996 | Sold | $340,000$118/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,002 -57.2% | $348,551 -44.3% |
| 2024 | $11,699 +5.6% | $625,570 +10% |
| 2023 | $11,074 +21.6% | $568,700 +10% |
| 2022 | $9,105 +13.7% | $517,000 +10% |
| 2021 | $8,005 -3.7% | $470,000 -2.9% |
| 2020 | $8,309 +4.5% | $484,000 +10% |
| 2019 | $7,948 | $440,000 +10% |
| 2018 | $7,948 +12.6% | $400,000 +8.4% |
| 2017 | $7,057 +45.8% | $369,000 +8.6% |
| 2016 | $4,841 | $339,900 |
| 2015 | $4,841 | $339,900 +17.9% |
| 2014 | $4,841 +3.6% | $288,401 +3% |
| 2013 | $4,672 +467120% | $280,001 -3.1% |
| 2012 | $1 | $288,901 +7% |
| 2011 | $1 | $270,001 -20.9% |
| 2010 | -- | $341,398 -4.6% |
| 2009 | $5,888 -25.6% | $357,828 -27% |
| 2008 | $7,915 -9.2% | $490,176 -8% |
| 2007 | $8,720 -15.7% | $532,800 -9.9% |
| 2006 | $10,343 +59.9% | $591,562 +55% |
| 2005 | $6,466 +1.2% | $381,760 +3% |
| 2004 | $6,389 -6.7% | $370,641 +3.5% |
| 2003 | $6,851 +15.9% | $358,112 +18% |
| 2002 | $5,908 +14.5% | $303,485 +15% |
| 2001 | $5,159 -2% | $263,905 |
| 2000 | $5,262 | $263,905 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 34228
Nearby schools
GreatSchools rating
- 9/10Anna Maria Elementary SchoolGrades: PK-5Distance: 6.7 mi
- 2/10Bayshore High SchoolGrades: 8-12Distance: 4.7 mi
- 4/10Martha B. King Middle SchoolGrades: 6-8Distance: 6.3 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Manatee County
- Longboat Key
- 34228
- 515 Forest Way
Nearby cities
Nearby zip codes
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