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For Sale

531 EDLEE LN

$899,000 · 3 bd · 2 ba · 1,241 sqft · Built 1963

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$899,000

531 EDLEE LN · LONGBOAT KEY, FL · 34228

  • 3 bd
  • 2 ba
  • 1,241 sqft
  • Built 1963
  • For Sale
  • Est. $5,599/mo
Single Family Residence
Built 1963
12,197 sq ft lot
$724/sqft
$3,925/yr taxes

About this home

531 Edlee Lane, Longboat Key, FL – Offered at $899,000 Prime Coastal Property with New Luxury Pool & Spa – Restore or Build New Located on one of the few privately owned streets in Longboat Key, this property presents a unique opportunity to either restore the existing home or build a brand-new residence in a highly desirable coastal setting. While the home sustained damage during Hurricane Helene, the Town of Longboat Key has confirmed that it can be restored, allowing buyers the flexibility to renovate or start fresh. One of the most valuable features of this property is the brand-new $120,000 inground gunite swimming pool and spa, completed just before the storm. The hurricane-resilient cage remained fully intact, and the entire filtration system has been replaced, ensuring that the pool and spa are in pristine condition and ready for immediate use. Positioned just steps from the beach and offering deeded access to a private boat launch on Sarasota Bay, this property is ideally located for those seeking the ultimate coastal lifestyle. Surrounded by custom luxury homes, it offers generous lot dimensions, making it well-suited for a full-scale renovation or a completely new build. For those looking for even more space and investment potential, the adjacent property at 541 Edlee Lane (MLS #A4637254) is also available for purchase, offering the rare chance to own over half an acre of land in this exclusive and tranquil neighborhood. This is an incredible opportunity to own property in one of Longboat Key’s most sought-after locations, with the flexibility to restore, rebuild, or expand. Owner's are motivated!

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,241 sq ft
Stories
One
Heating
None
Cooling
None
Flooring
Ceramic Tile
Appliances
None
Interior features
Ninguno

Exterior & lot

Lot size
12,197 sq ft
Pool
Yes
Exterior features
Outdoor Shower
Architectural style
Coastal, Florida

Construction

Year built
1963
Construction
Block
Roof
Shingle
Property type
Single Family Residence

HOA & financial

Annual taxes
$3,925
Days on market
19 days
Subdivision
SLEEPY LAGOON
County
Manatee
MLS #
MFRA4637426

What it’ll cost

Estimated monthly payment

Monthly
  • Principal & interest
  • Property tax (est.)
  • Home insurance (est.)

Estimate only — taxes, insurance, and HOA vary. Confirm exact figures with a lender.

Neighborhood

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Schools

Elementary

Anna Maria Elementary

Middle

Martha B. King Middle

High

Bayshore High

Assigned schools per the MLS record — verify enrollment boundaries with the district.

LONGBOAT KEY market snapshot

$950,000

Median list price

21

Homes for sale

64

Avg days on market

Listing courtesy of COLDWELL BANKER REALTY

Listing data provided in part by Stellar MLS and deemed reliable but not guaranteed. MLS #MFRA4637426.