531 Edlee Lane Longboat Key, FL 34228
Listing Courtesy of: STELLAR / Coldwell Banker Realty / Lisa Garcia - Contact:  941-366-8070

  531 Edlee Lane Longboat Key, FL 34228

Active (50 Days)
$859,000
3
BED
2
BATH
1,241
SQFT

Description

Price Improvement $859,000. Sellers are motivated! 531 Edlee Lane, Longboat Key, FL

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!

MLS #:
A4637426
Taxes
$3,925(2024)
Lot Size
0.28 acres
Type
Single-Family Home
Year Built
1963
Style
Florida, Coastal
Views
Garden, Trees/Woods
County
Manatee County

Listed By

Lisa Garcia, Coldwell Banker Realty, Contact: 941-366-8070
Source
STELLAR
Last checked Mar 15 2025 at 11:05 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Ninguno
Subdivision
  • Sleepy Lagoon
Lot Information
  • Street Dead-End
  • Level
  • Floodzone
  • Private
  • Unpaved
Property Features
  • Foundation: Block
Heating and Cooling
  • None
Pool Information
  • In Ground
  • Heated
  • Gunite
  • Lighting
  • Screen Enclosure
Flooring
  • Ceramic Tile
Exterior Features
  • Block
  • Roof: Shingle
Utility Information
  • Utilities: Water Source: Public, Electricity Connected, Cable Available, Water Available, Sewer Available
  • Sewer: Public Sewer
School Information
  • Elementary School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Bayshore High
Living Area
  • 1,241 sqft
Additional Information: Sarasota Downtown | 941-366-8070
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Mar 07, 2025
Price Changed
$859,000
-4%
-40,000
Jan 23, 2025
Original Price
$899,000
-
-
Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2025. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 3/15/25 16:05