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.
For sale
$639,000
539 FOREST WAY #539, LONGBOAT KEY, FL 34228
2beds
1,440sqft
Townhouse
Built in 1990
-- sqft lot
$-- Zestimate®
$444/sqft
$945/mo HOA
What's special
- 14 days
- 233
- 32
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Sharon Austin 678-756-4020,
PREMIER SOTHEBY'S INTERNATIONAL REALTY 941-383-2500
Source: Stellar MLS,MLS#: A4706129
Originating MLS: Sarasota - Manatee

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: En Suite Bathroom, Built-in Closet
- Level: Third
- Area: 195 Square Feet
- Dimensions: 13x15
Bathroom 1
- Features: Dual Sinks, En Suite Bathroom, Shower No Tub, Stone Counters, Linen Closet
- Level: Third
Bathroom 2
- Features: Tub With Shower
- Level: Third
- Area: 168 Square Feet
- Dimensions: 12x14
Balcony porch lanai
- Level: Second
- Area: 105 Square Feet
- Dimensions: 7x15
Dining room
- Level: Second
- Area: 195 Square Feet
- Dimensions: 13x15
Kitchen
- Features: Stone Counters
- Level: Second
- Area: 88 Square Feet
- Dimensions: 11x8
Living room
- Level: Second
- Area: 288 Square Feet
- Dimensions: 16x18
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: Upper Level
Features
- Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat
- Flooring: Luxury Vinyl, Porcelain Tile
- Doors: Sliding Doors
- Windows: Window Treatments
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 2,268
- Total interior livable area: 1,440 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Common, Driveway, Garage Door Opener, Ground Level, Guest, Open, Oversized
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Covered, Rear Porch, Screened
- Exterior features: Balcony, Irrigation System, Lighting, Rain Gutters
- Pool features: In Ground
- Has view: Yes
- View description: Tennis Court, Trees/Woods
- Waterfront features: Waterfront, Bay/Harbor Access, Fishing Pier
Lot
- Features: Cul-De-Sac, Landscaped, Level, Street Dead-End
Details
- Parcel number: 7927305453
- Zoning: R3MX/PC
- Special conditions: None
Construction
Type & style
- Home type: Townhouse
- Architectural style: 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, Public, Sewer Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Fishing, Water Access, Waterfront, Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Tennis Court(s)
- Pet fee: $0 monthly
- Subdivision: CEDARS EAST SEC 2
HOA
- Has HOA: Yes
- Amenities included: Maintenance
- Services included: Cable TV, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Private Road, Sewer, Trash, Water
- HOA fee: $945 monthly
- HOA name: Coastal Association Management/Bob MacDonald
- HOA phone: 941-302-9816
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $444/sqft
- Annual tax amount: $3,954
- Date on market: 9/23/2026
- Cumulative days on market: 13 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 |
|---|---|---|
| 9/23/2026 | Listed for sale | $639,000$444/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment





