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$585,000 $559,000
515 Forest Way, Longboat Key, FL 34228
3 Beds
3 Baths
2,880 sqft

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Investors take notice!! Tremendous income property. Turnkey furnished and ready for your group (Can sleep 8 comfortably). Historically, current owner has made $50k to $60k a year and inquiries are coming in for 2021! Rent immediately, or update and flip this spacious 2880 square ft. 3bedroom, 2 1/2 bath with den/study stand alone condo with elevator has room for all. Extra large, light, bright home. One of a select few stand alone condos in Cedars East. Great location on LBK close to restaurants (The Whitney, The Shore, Mar Vista and Harry's), Beaches and stores. Two large screened decks to enjoy the ocean breeze. Partial gulf view to see the waves. Open Kitchen with two islands provides an exceptional dining /living space, perfect for large gatherings. Enormous Master suite with ensuite bath includes sunken tub, bidet, spacious shower and two walk in closets. Screen deck with hammock is steps off the Master. Additional well appointed bedrooms are on the top floor. Den/office space on the main level can sleep two more. Two private garages for your vehicles and toys with extra parking spaces available. Cedars East is well maintained community with heated Junior Olympic swimming pool, fishing pier and walking trails. Recent improvement include Hardi board siding and rebuilt lanai space in 2018. Owners have the option to join the active tennis center with 10 lighted Har-tru courts, cafe , pro-shop and fitness center.
  • Price:
  • $559,000
  • Bedrooms:
  • 3
  • Full Baths:
  • 2
  • Half Baths:
  • 1
  • Square Footage:
  • 2,880
  • Year Built:
  • 1989
  • Listing ID #:
  • A4465231
  • Street Address:
  • 515 Forest Way
  • City:
  • Longboat Key
  • State:
  • Florida
  • Postal Code:
  • 34228
  • County:
  • Manatee
  • Community:
  • 34228 - Longboat Key
  • Subdivision:
  • Cedars East Sec Two Condomi
  • Listing Status:
  • Active
4
out of 5

Anna Maria Elementary School
Public
School Grade Level K-5
School Students 300 students
School Teachers 15 student/
teacher
2
out of 5

Martha B. King Middle School
Public
School Grade Level 6-8
School Students 1150 students
School Teachers 19 student/
teacher
1
out of 5

Bayshore High School
Public
School Grade Level 9-12
School Students 1560 students
School Teachers 19 student/
teacher
  • Building Faces:
  • South
  • Construction Description:
  • Cement Siding
  • Exterior Features:
  • Rain Gutters, Sidewalk
  • Fireplace:
  • Wood Burning
  • Fireplace:
  • 1
  • Flooring:
  • Carpet, Tile, Wood
  • Foundation:
  • Slab
  • Interior Features:
  • Elevator, High Ceiling(s), Kitchen/Family Room Combo, Walk-In Closet(s)
  • Patio Description:
  • Deck, Screened
  • Square Footage Source:
  • Public Records
  • Stories:
  • Three Or More
  • Total Building Square Footage:
  • 2880
  • Type Of Roof:
  • Shingle
  • Unit Level:
  • 1
  • Year Built:
  • 1989
  • Conforms To Zoning:
  • R3mx/Pc
  • Association Amenities:
  • Other, Pool
  • Can Be Leased:
  • Yes
  • Community Features:
  • Deed Restrictions, Fishing, Pool, Tennis Courts
  • Days On Market:
  • 180
  • Minimum Lease Term:
  • 2 Weeks
  • Originating Mls:
  • Stellar Mls
  • Terms:
  • Cash, Conventional
  • Association Fee Payment Frequency:
  • Monthly
  • Association Fees Monthly Equivalent:
  • 1112
  • Condo Owners Association Fees:
  • 3336
  • Hoa Fee Includes:
  • Cable Tv, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Maintenance Repairs, Pest Control, Pool Maintenance, Recreational Facilities, Trash
  • Hoa Y/N:
  • 1
  • Property Taxes:
  • $7,947
  • Tax Year:
  • 2019
  • Laundry Description:
  • Laundry Room
  • Other Rooms:
  • Den/Library/Office
  • Total Rooms:
  • 8
  • Carport Present:
  • 1
  • Garage Parking Spaces:
  • 2
  • Has Garage:
  • 1
  • Number Of Carport Spaces:
  • 2
  • Parking Description:
  • Garage Door Opener, Guest
  • Water Extras:
  • Fishing Pier
  • Appliances:
  • Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Washer
  • Cooling System:
  • Central Air, Zoned
  • Existing Water:
  • Public
  • Heating:
  • Heat Pump
  • Sewage Type:
  • Public Sewer
  • Has Water Access:
  • 1
  • Water Access Type:
  • Beach - Public
  • Water View:
  • 1
  • Water View Description:
  • Gulf/Ocean - Partial
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

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  • Schools information provided by ATTOM

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