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For sale
  • $599,900

    521 FOREST WAY, LONGBOAT KEY, FL 34228

    2beds
    1,440sqft
    : 
    $5,003/mo
    Get pre-qualified
    Townhouse
    Built in 1990
    2.12 Acres Lot
    $-- Zestimate®
    $417/sqft
    $945/mo HOA

    What's special

    Nine har-tru tennis courtsUpdated windowsCrisp shiplap accentsFishing pierBrand new roofPremium stone countertopsLarge closet space
    Discover your ultimate island escape in this beautifully updated, fully furnished, and pet-friendly 2-bedroom, 2.5-bathroom townhome located within the desirable Cedars Tennis Resort & Club on Longboat Key. Set across a lush, village-like community enveloped by nature on the island's scenic north end, this property offers a rare combination of relaxed coastal living and an excellent short-term rental opportunity featuring a flexible two-week policy. Step inside to find a turnkey, coastal-chic interior highlighted by crisp shiplap accents, warm wood-style flooring, and elegant metallic hardware throughout. The updated kitchen features white shaker cabinetry, premium stone countertops, custom tile backsplash, and a breakfast bar with seating, all while offering a subtle peekaboo views of the glistening Gulf of Mexico. It flows seamlessly into a bright dining space framed by a shell-pendant chandelier and an inviting living room that opens through sliding glass doors to a private, screened lanai framed by tropical palms and water views. Upstairs, the layout is designed for comfort and convenience. The primary suite serves as a serene retreat with water views, large closet space, and barn-door entry into an upgraded bathroom featuring dual vanities, white shiplap walls, and a walk-in shower with floor-to-ceiling marble tile and gold hardware accents. Just down the hall, the secondary bedroom, which also catches a peekaboo Gullf view, is accompanied by a second full bathroom and ther is also a dedicated upstairs laundry closet with front-loading washer and dryer units. Outside, the property enjoys tranquil views of lush tropical foliage and a quiet island setting, complete with recent structural and mechanical improvements like updated windows, a brand new roof, 2021 air conditioning units, and a private garage with a recently installed hurricane-rated garage door. Cedars Tennis Club provides an unmatched resort-style atmosphere. Meander along lit boardwalks winding through mangroves to access an exceptional array of community amenities, including a heated Junior Olympic-sized swimming pool, a vibrant tiki bar, nine Har-Tru tennis courts, three Har-Tru pickleball courts, a clubhouse with a pro shop, a 24-hour fitness center, an on-site Google 5-star restaurant Hugo's II, a fishing pier, and a kayak launch (please note that some amenities require an additional club membership). This property has been a second home for current long time owners, but similair neighboring properties boasts a proven track record as a lucrative short-term rental, consistently producing roughly $50,000 in net annual revenue after platform fees. Furthermore, it offers a rare level of operational flexibility for Longboat Key, permitting up to 26 rental cycles per year. When you are ready to venture out, you are within easy walking distance of Longboat Key's world-renowned sugary white sand beaches, the tranquil trails of Joan Durante Park, and local culinary staples like Harry's Deli & Continental Kitchen, Lo-Key Bar and Grill and Euphemia Haye Restaurant & The Haye Loft. For broader entertainment, shopping, and cultural experiences, St. Armands Circle, downtown Sarasota, the Ringling Museum complex, Mote Marine and Anna Maria Island are just a short drive away. Whether you are searching for the dream beach house, a lucrative investment property, or your own private full-time retreat complete with stunning evening sunsets, this Longboat Key gem delivers on every front
    16 days
    524
    67

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jesse Griffin 941-822-6165,

    CENTURY 21 BEGGINS ENTERPRISES 813-658-2121

    Source: Stellar MLS,MLS#: A4706685MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Family Room, Utility Room, Storage Rooms
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: Second
      • Area: 210 Square Feet
      • Dimensions: 15x14
      Bedroom 2
      • Features: Built-in Closet
      • Level: Third
      • Area: 154 Square Feet
      • Dimensions: 14x11
      Balcony porch lanai
      • Level: Second
      • Area: 84 Square Feet
      • Dimensions: 14x6
      Dining room
      • Level: Second
      • Area: 143 Square Feet
      • Dimensions: 13x11
      Kitchen
      • Level: Second
      • Area: 187 Square Feet
      • Dimensions: 17x11
      Living room
      • Level: Second
      • Area: 204 Square Feet
      • Dimensions: 17x12
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
      • Laundry: Inside, Laundry Closet, Upper Level
      Features
      • Built-in Features, Ceiling Fan(s), Kitchen/Family Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom, Stone Counters, Thermostat
      • Flooring: Luxury Vinyl, Tile, Hardwood
      • Doors: Sliding Doors
      • Windows: Window Treatments
      • Has fireplace: No
      • Furnished: Yes
      • Common walls with other units/homes: Corner Unit
      Interior area
      • Total structure area: 2,268
      • Total interior livable area: 1,440 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Oversized
      • Attached garage spaces: 2
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Covered, Rear Porch, Screened
      • Exterior features: Lighting, Rain Gutters, Sidewalk, Tennis Court(s)
      • 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, Bay/Harbor, Bay/Harbor Access, Beach - Access Deeded, Intracoastal Waterway Access, Fishing Pier
      • Body of water: SARASOTA BAY
      Lot
      • Size: 2.12 Acres
      • Features: Cul-De-Sac, City Lot, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Street Dead-End
      • Residential vegetation: Mature Landscaping, Trees/Landscaped
      Details
      • Additional structures: Tennis Court(s)
      • Parcel number: 7927305008
      • Zoning: R3MX/PC
      • Special conditions: None

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Coastal,Elevated,Traditional
      • Property subtype: Townhouse
      • Attached to another structure: Yes
      Materials
      • Block, Cement Siding, Wood Frame
      • 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, Fire Hydrant, Public, Sewer Connected, Street Lights, Underground Utilities

      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, Sidewalks, Tennis Court(s)
      • Security: Fire Alarm, Fire Sprinkler System, Security System, Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: CEDARS EAST SEC 2
      HOA
      • Has HOA: No
      • Amenities included: Cable TV, Clubhouse, Maintenance, Trail(s)
      • Services included: Cable TV, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
      • HOA fee: $945 monthly
      • HOA name: N/A
      Location
      • Region: Longboat Key

      Financial & listing details

      • Price per square foot: $417/sqft
      • Tax assessed value: $207,060
      • Annual tax amount: $3,494
      • Date on market: 9/18/2026
      • Cumulative days on market: 17 days
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/18/2026Listed for sale$599,900+103.4%$417/sqft
        Source: Stellar MLS #A4706685 Report a problem
        5/22/2008Sold$295,000+96.7%$205/sqft
        Source: Public Record Report a problem
        1/25/1994Sold$150,000$104/sqft
        Source: Public Record 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

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 34228

        Getting around

        32 / 100
        Car-Dependent
        48 / 100
        Somewhat Bikeable

        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.

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