Sold
Last Sold Price
2 beds1,440 sqft
507 Forest Way, Longboat Key, FL 34228
TownhouseProperty Type
1990Year Built
$424/sq ftPrice per sq ft
$2,715 / quarterHOA Fees
2 carsParking Spaces

Description

One of the best opportunities on longboat key is now back available. This stunning townhome is located in the sought-after Cedars East Tennis & Fitness Resort on the beautiful Longboat Key. This townhome has been beautifully remodeled and is move-in ready, making it an actual must-see property. It is offered turnkey furnished (excluding a few personal items), providing a hassle-free move for the new owner. With 2 bedrooms and 2.5 bathrooms, high ceilings, open floor plan, there is plenty of space...One of the best opportunities on longboat key is now back available. This stunning townhome is located in the sought-after Cedars East Tennis & Fitness Resort on the beautiful Longboat Key. This townhome has been beautifully remodeled and is move-in ready, making it an actual must-see property. It is offered turnkey furnished (excluding a few personal items), providing a hassle-free move for the new owner. With 2 bedrooms and 2.5 bathrooms, high ceilings, open floor plan, there is plenty of space for comfortable living. High-impact windows and exterior hardi board siding have been completed by the long-time sellers. Both ACs have been replaced and updated.  Gorgeous interior with upgraded flooring throughout.  The Kitchen is stunning and very recently completed with its White cabinets, quartz tops, higher-end appliances, and tasteful backsplash. All three restrooms have also been upgraded and remodeled. The master bath boasts a glass walk-in shower with beautiful tile work and updated dual vanities. The Lanai is a special place in this location.  Private and wooded native landscape views put you in that island state of mind. With the open plan and high ceiling tropical foliage can be seen throughout the living area.  The oversized garage with space for 2 cars is a great feature, providing ample storage and parking. This townhome is an ideal choice for anyone looking for a stylish and comfortable property in a desirable LBK location. Cedars East is a 66-acre village-like townhome setting, surrounded by nature & close access to both the beach and bay on the beautiful north end of Longboat Key. Spacious and tropical community w/ lit boardwalks leading through mangroves to amenities including heated Jr. Olympic Size Pool, Ten Har-Tru Tennis Courts, Club House w/ Pro-Shop, 24hr Fitness Center, Tiki bar, Restaurant, Fishing Pier & kayak launch. Some amenities require add'l membership to the club for use. Walking distance to area attractions like Harry's Deli and Continental Kitchen, a true island gem in Joan Durante Park, Euphemia Haye Restaurant & The Haye Loft, and of course Longboat Key's world-famous sugary white sand beaches. Close to other main attractions and cultural events, e.g., St. Armand’s Circle - famous for world-class shopping and dining, Mote Aquarium with marine exhibits and marine/kayaking excursions, the Asolo Repertory Theatre, Van Wezel Performing Arts Center, Marie Selby Gardens, Anna Maria Island, Ringling Museum complex and numerous dining options on Longboat and in downtown Sarasota. If you are a golfer, there are a number of top-rated courses nearby. Spacious Condo Ownership property w/ Townhome Design is perfect for seasonal or year-round living. Convenient on-site rental mgmt company if desired with a convenient 2-week minimum rental policy w/in the community. Cedars is also a large pet-friendly community! Finally, the sellers are offering completely turn-key furnished (Excluding limited personal tenant items) to make your move seamless so, as you can see, what a property for your new beach residence.
  • Listed by: Jesse Griffin 941.822.6165 JesseGriffin@c21be.com Brokerage DRE #2026009 • CENTURY 21 BEGGINS ENTERPRISES
Listing closed: 08/12/2024 12:00 AM • Source: MFRMLS, MLS#: A4599448

Recent comparable sales

Median sold price

$585,000

Avg days on market

69

Sale-to-list ratio

92.8%

Longboat Key, FL

9 comparable properties found

$639,184 | 511 Forest Way, Longboat Key, FL 34228
1/2
1

$639,184

Sold 11/05/24

2
Bedrooms
1,440
Square Feet
Unavailable
Acres
an aerial view of multiple house
1/2
2

$585,000

Sold 06/20/25

2
Bedrooms
1,440
Square Feet
Unavailable
Acres
a view of a white house with a large windows
1/2
3

$544,000

Sold 12/19/24

2
Bedrooms
1,440
Square Feet
Unavailable
Acres
$625,000 | 858 Evergreen Way, Longboat Key, FL 34228
1/2
4

$625,000

Sold 05/06/25

2
Bedrooms
1,440
Square Feet
3.12
Acres
$589,000 | 821 Evergreen Way, Longboat Key, FL 34228
1/2
5

$589,000

Sold 07/25/25

2
Bedrooms
1,440
Square Feet
3.12
Acres
$750,000 | 860 Evergreen Way, Longboat Key, FL 34228
1/2
6

$750,000

Sold 11/20/24

2
Bedrooms
1,440
Square Feet
Unavailable
Acres
a front view of a house with plants
1/2
7

$510,000

Sold 04/08/25

2
Bedrooms
1,440
Square Feet
Unavailable
Acres
a front view of a house with garden
1/2
8

$490,000

Sold 09/25/25

2
Bedrooms
1,332
Square Feet
Unavailable
Acres
$575,000 | 528 Forest Way, Longboat Key, FL 34228
1/41
9

$575,000

Sold 07/30/26

2
Bedrooms
1,440
Square Feet
Unavailable
Acres

Location

Listing Courtesy of CENTURY 21 BEGGINS ENTERPRISES, Jesse Griffin
Add your commute

Payment Calculator

$4,613 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,152

Property Taxes

$556

HOA Dues

$905

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 507 Forest Way

Property Details
  • Taxes: $6,667 / year
  • MLS Type: Residential / Townhouse
  • Architectural Style: Elevated
  • Subdivision Name: CEDARS EAST SEC 2
  • Township: 35
  • Garage Spaces: 2
  • View: Trees/Woods
  • Waterfront: Yes
  • Furnished: Partially
Building Information
  • Stories: 3
  • Year Built: 1990
Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2268.0
  • Building Area Units: Square Feet
  • Building Name Number: N/A
  • Community Features: Bay/Harbor Front, Fishing, Intracoastal Waterway, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Restaurant, Special Community Restrictions, Tennis Court(s)
  • Direction Faces: West
  • Directions: Gulf of Mexico to East on Companion Way to North on Forest Way. Property third unit on right .
  • Elementary School: Anna Maria Elementary
  • Middle Or Junior School: Martha B. King Middle
  • High School: Bayshore High
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Road Frontage Type: Street Dead-End, Private Road
  • Senior Community: No
  • SW Subdiv Community Name: Cedars East
  • Unit Number: No
  • Street Number: 507
  • Street Name: FOREST
  • Street Suffix: WAY
  • State: FL
  • City: LONGBOAT KEY
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
  • Parking Features: Driveway, Ground Level, Oversized, Tandem
Taxes and HOA Information
  • Association Approval Required: No
  • Association Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pool Maintenance, Private Road, Sewer, Trash, Water
  • Association Fee Requirement: Required
  • Association Name: Cedars East
  • Association: Yes
  • CDD: No
  • Condo Land Included: No
  • Pet Restrictions: Breed Restrictions Buyer/Buyer's agent to verify
  • Pet Size: Large (61-100 Lbs.)
  • Tax Book Number: 1279-1906
  • Tax Legal Description: UNIT 7, SECTION TWO CEDARS EAST CONDO PI#79273.0465/4
  • Tax Lot: 0
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Additional Water Information: Private community beach, kayak launch and fishing pier on Sarasota Bay
  • Lot Features: Cul-De-Sac, City Lot, Landscaped, Near Marina, Near Public Transit, Sidewalk, Street Dead-End
  • Parcel Number: 7927304654
  • Total Acreage: Non-Applicable
  • Water Access: Bay/Harbor
  • Water Access: Yes
  • Water Body Name: SARASOTA BAY
  • Water Extras: Fishing Pier
  • Water Extras: Yes
  • Water: Fishing Pier
  • Zoning: LBK_R-3MX
  • Living Area: 1440
Property and Assessments
  • Year Built Numeric: 1990
  • Amenities Additional Fees: Membership to the cedars tennis and fitness is required for use of Tennis Court, Club Room, Gym and Restaurant. There are different package. See www.CedarsTennisResort.com for details.
  • Association Amenities: Cable TV, Pool
  • Building Elevator: No
  • Flood Zone Code: AE
  • Flood Zone Date: 08-10-2021
  • Flood Zone Panel: 12081C0291F
  • Homestead: No
  • New Construction: No
  • Property Attached: Yes
  • Property Condition: Completed
  • Public Survey Range: 16
  • Public Survey Section: 26
  • Dock YN: Yes
  • Dock Description: Dock - Composite
  • Dock Dimensions: TBD
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Cement Siding, Stucco
  • Exterior Features: Irrigation System, Lighting, Sidewalk, Sliding Doors
  • Fencing: Masonry
  • Foundation Details: Slab
  • Levels: Three Or More
  • Patio And Porch Features: Covered, Rear Porch, Screened
  • Pool Private: No
  • Pool: Community
  • Pool Private: Yes
  • Roof: Shingle
  • Security Features: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
  • Vegetation: Mature Landscaping, Trees/Landscaped, Wooded
  • Waterfront Features: Bay/Harbor Front, Waterfront, Bay/Harbor
  • Waterfront Feet Total: 515
  • Number Of Stories: 3
Interior Features
  • Bedrooms Total: 2
  • Bathrooms Full: 2
  • Additional Rooms: Inside Utility, Storage Rooms
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Other
  • Heating: Central, Electric, Heat Pump
  • Interior Features: Ceiling Fan(s), High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Window Treatments
  • Laundry Features: Inside, Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 5.0
  • Water View: No
  • Window Features: Blinds, Drapes, Storm Window(s)
  • Bathrooms Half: 1
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: Yes

Property History for 507 Forest Way

DateEvent & SourcePriceAppreciation
Aug 12, 2024

Sold

MFRMLS #A4599448

$610,000
Aug 7, 2024

Sold (Public Record)

Public Record #1539659806

$610,000
Jul 5, 2024

Pending

MFRMLS #A4599448

DateEvent & SourcePrice
08/12/2024

Sold

MFRMLS #A4599448

$610,000
08/07/2024

Sold (Public Record)

Public Record #1539659806

$610,000
07/05/2024

Pending

MFRMLS #A4599448

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 507 Forest Way

Taxable ValueLand-Additions-Total-
Tax Record2025$3,494 ($291 / month)
Home Facts
Beds2Baths2.5Total Finished SqFt1,440 SqFtAbove Grade Finished SqFt1,440 SqFtStories1Lot Size91,879 SqFtStyleCondominiumYear Built1990Year Renovated2003ZoningLBK_R-3MXCountyMANATEEAPN79273-0465-4

Schools near 507 Forest Way

This home is within Manatee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 8 to 12
Charter - 6 to 12
Rating
School
Distance
Anna Maria Elementary School
PublicPK to 5

Martha B. King Middle School
Public6 to 8

Bayshore High School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 34228

$670,000 | 4600 Gulf Of Mexico Drive, Unit 301, Longboat Key, FL 34228
1/28
New

$670,000

2
Bedrooms
1,561
Square Feet
$645,000 | 843 Bayport Way, Unit 843, Longboat Key, FL 34228
1/87
Listed By Coldwell Banker RealtyNew

$645,000

2
Bedrooms
1,260
Square Feet
$495,000 | 3453 Gulf Of Mexico Drive, Unit 237, Longboat Key, FL 34228
1/4
Listed By Coldwell Banker Realty

$495,000

Unavailable
Bedrooms
368
Square Feet
$599,900 | 521 Forest Way, Longboat Key, FL 34228
1/48

$599,900

2
Bedrooms
1,440
Square Feet
2.12
Acres
$1,050,000 | 732 Bayport Way, Longboat Key, FL 34228
1/28

$1,050,000

2
Bedrooms
1,456
Square Feet
$815,000 | 691 Tarawitt Drive, Longboat Key, FL 34228
1/34

$815,000

2
Bedrooms
1,490
Square Feet
0.26
Acres
$1,495,000 | 2101 Harbourside Drive, Unit 1103, Longboat Key, FL 34228
1/65

$1,495,000

3
Bedrooms
2,204
Square Feet
$1,495,000 | 5461 Gulf Of Mexico Drive, Unit 304, Longboat Key, FL 34228
1/50
Coldwell Banker Realty Coming Soon

$1,495,000

2
Bedrooms
1,516
Square Feet
$449,000 | 1932 Harbourside Drive, Unit 214, Longboat Key, FL 34228
1/38
Pending

$449,000

2
Bedrooms
1,192
Square Feet

Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of CENTURY 21 BEGGINS ENTERPRISES, Jesse Griffin

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.