531 EDLEE LN Active Save Request In-Person Tour Request Virtual Tour
Longboat Key,FL 34228
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,241 sqft
Price per Sqft $563
Subdivision Sleepy Lagoon
MLS Listing ID A4637426
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1963
Annual Tax Amount $3,925
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Now Offered at $699,000 | Massive Price Drop | Investor & Builder Opportunity – Sellers Say SELL!
Welcome to 531 Edlee Lane—now $200,000 below original list price, this is one of the best values on Longboat Key and ideal for builders or investors seeking a quick-close opportunity. Located on a private street with no HOA, just a 4-minute walk to the beach, this property offers the rare flexibility to restore the existing structure or tear down and build new in an exclusive coastal setting.
Already in place is a brand-new $120,000 gunite saltwater pool and spa, paired with a hurricane-rated enclosure and new filtration system—delivering a fully completed luxury outdoor living space—ready to incorporate into the updated home or future build. Roof is 2019.
Enjoy deeded boat launch access to Sarasota Bay, generous lot dimensions at .28 acres, and a quiet neighborhood surrounded by custom homes.
Property is priced to reflect current market conditions. Sellers are seeking strong offers with preference for a clean, cash closing.
Location
State FL
County Manatee
Community Sleepy Lagoon
Area 34228 - Longboat Key
Zoning R3SF
Interior
Interior Features Ninguno
Heating None
Cooling None
Flooring Ceramic Tile
Fireplace false
Appliance None
Laundry None
Exterior
Exterior Feature Outdoor Shower
Fence Fenced
Pool Gunite,Heated,In Ground,Lighting,Screen Enclosure
Utilities Available Cable Available,Electricity Connected,Sewer Available,Water Available
Water Access Yes
Water Access Desc Bay/Harbor,Beach
View Garden,Trees/Woods
Roof Type Shingle
Garage false
Private Pool Yes
Building
Lot Description FloodZone,Level,Street Dead-End,Private,Unpaved
Entry Level One
Foundation Block
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Architectural Style Coastal,Florida
Structure Type Block
New Construction false
Schools
Elementary Schools Anna Maria Elementary
Middle Schools Martha B. King Middle
High Schools Bayshore High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://youtu.be/_NWhIFztB-c