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 $724
Subdivision Sleepy Lagoon
MLS Listing ID A4637426
Bedrooms 3
Full Baths 2
HOA Y/N No
Originating Board Stellar MLS
Year Built 1963
Annual Tax Amount $3,925
Lot Size 0.280 Acres
Acres 0.28
Property Description
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!
Location
State FL
County Manatee
Community Sleepy Lagoon
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