515 Forest Way

Longboat Key, FL 34228

$1,495,000
Price
4
Beds
2,880 Sq. Ft.
$519 / Sq. Ft.
2,880
Sq. Ft.
$519
per Sq. Ft.
New
New

Description

Experience the ultimate island lifestyle in this masterfully renovated 2,880 sqft living space / 4 Bed/ 3 Bath / 3 Car Garage Elevated sanctuary on the tranquil north end of Longboat Key. Offering the expansive feel of a single-family residence with the effortless "lock-and-leave" ease of being in the beautiful condo community of Cedars Tennis Resortand Club. This esquist 4BR/3BA retreat defines coastal chic. A private elevator serves all three levels, opening into a sun-drenched great room with...Experience the ultimate island lifestyle in this masterfully renovated 2,880 sqft living space / 4 Bed/ 3 Bath / 3 Car Garage Elevated sanctuary on the tranquil north end of Longboat Key. Offering the expansive feel of a single-family residence with the effortless "lock-and-leave" ease of being in the beautiful condo community of Cedars Tennis Resortand Club. This esquist 4BR/3BA retreat defines coastal chic. A private elevator serves all three levels, opening into a sun-drenched great room with soaring ceilings, a fireplace, and a gourmet kitchen featuring dual islands and designer finishes. The refined dining room opens right off of this space with its custom built-in cabinetry and dry bar, ideal for any social gathering. Relax on your private, screened lanais overlooking lush tropical foliage and serene ponds, with peek-a-boo views of the Gulf. There is one on each living level. Rounding out the main living area is a versatile den/office (currently used as the 4th bedroom), a full third bathroom, beautiful hardwood floors throughout and a dedicated laundry room. The primary suite is a true oasis with a spa-inspired sunken bath, large walk-in shower and dual vanities and walk-in closets. Upstairs beyond the oasis of a primary there are two additional oversized guest bedrooms and a beautifully renovated guest bathroom with walk-in shower. Recent updates beyond the full renovation of the interior include 2026 Garage door replacements, 2024 roof and AC replacement. Hardi- Board siding on exterior and Pella high-impact windows. The split 3-car garage provides total peace of mind and the rare abundance of space and storage. Nestled in the 66-acre village-like townhome community that is enveloped by nature, providing effortless access to both the beach and the bay on the beautiful north end of Longboat Key. The spacious and tropical community features lit boardwalks winding through mangroves, leading to an array of exceptional amenities including a heated Jr. Olympic Size Pool, nine Har-Tru Tennis Courts, three Pickleball courts, a Clubhouse with a Pro-Shop, a 24-hour Fitness Center, a Tiki bar, a restaurant, a fishing pier, and a kayak launch. Please note that some amenities require an additional club membership. The property is within walking distance to a variety of local attractions, such as Harry's Deli & Continental Kitchen, the true island gem that is Joan Durante Park, Euphemia Haye Restaurant & The Haye Loft, and, of course, Longboat Key's globally renowned sugary white sand beaches. Furthermore, it offers convenient proximity to other major attractions and cultural venues, including St. Armand's Circle, Mote Aquarium, the Asolo Repertory Theatre, Van Zel Performing Arts Center, Marie Selby Gardens, Anna Maria Island, the Ringling Museum complex, and numerous dining options on Longboat Key and in downtown Sarasota. Cedars East is the rare community on LBK that offers shorter term rental allowance with its 2 week minimum allowance it's the perfect balance of offset cost when not in use while not living in a hotel community. Exceptional onsite management in place if desired. Fantastic residence, rare opportunity, come take a look today

Property Details for 515 Forest Way

Architectural Style
Traditional
Subdivision Name
CEDARS EAST SEC 2
Township
35
Garage Spaces
3
View
Trees/Woods, Water
Waterfront
Yes
Water View
Gulf/Ocean - Partial, Pond
Furnished
Negotiable
LISTING UPDATED: 01/24/2026 01:03 AM

Property Details for 515 Forest Way

StatusActive
MLS #A4679679
Days on Market1
Taxes$4,802 / year
HOA Fees$20,376 / year
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1989
CountyManatee County

Location

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

Building Information for 515 Forest Way

Building/Complex515 Forest WayFloor-Stories3Residences-Pet PolicyAllowedPet Policy DetailsYesYear Built1989

Payment Calculator

$9,385 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,286

Property Taxes

$400

HOA Dues

$1,698

The Payment Calculator is for illustrative purposes only.

Property Information for 515 Forest Way

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 4536.0
  • Building Area Units: Square Feet
  • Building Name Number: N/A
  • Community Features: Bay/Harbor Front, Dock, Fishing, Intracoastal Waterway, Water Access, Waterfront, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Restaurant, Special Community Restrictions, Tennis Court(s)
  • Direction Faces: South
  • Directions: Gulf of Mexcio Dr. to East on Companion Way to First left on Forest Way. 515 Forest Way directly ahead.
  • Elementary School: Anna Maria Elementary
  • Middle Or Junior School: Martha B. King Middle
  • High School: Bayshore High
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: Street Dead-End, Street Paved, Private Road
  • Senior Community: No
  • SW Subdiv Community Name: Cedars East
  • Unit Number: Yes
  • Street Number: 515
  • Street Name: FOREST
  • Street Suffix: WAY
  • State: FL
  • City: LONGBOAT KEY
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
  • Parking Features: Covered, Driveway, Garage Door Opener, Ground Level, Guest, Oversized, Split Garage
Taxes and HOA Information
  • Association Approval Required: No
  • Association Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Sewer, Trash, Water
  • Association Fee Requirement: Required
  • Association Name: N/A
  • Association: Yes
  • CDD: No
  • Montly Maint Amt Addition To HOA: $0
  • Pet Restrictions: See bylaws
  • Pet Size: Extra Large (101+ Lbs.)
  • Tax Book Number: 1279-1906
  • Tax Legal Description: UNITS 11 & 12, SECTION TWO CEDARS EAST CONDO PI#79273.0487/8
  • Tax Lot: 11
  • Tax Year: 2025
Property
Lot Information
  • Additional Parcels: No
  • Additional Water Information: Community on the Shores of Sarasota Bay. Community Bay Beach access and Fishing Pier. Pavers in between back buildings leading to Bay Beach access.
  • Lot Features: Landscaped, Near Marina, Near Public Transit, Sidewalk, Street Dead-End
  • Parcel Number: 7927304878
  • Total Acreage: Non-Applicable
  • Water Access: Bay/Harbor, Beach
  • Water Access: Yes
  • Water Body Name: SARASOTA BAY
  • Water Extras: Fishing Pier
  • Water Extras: Yes
  • Water: Fishing Pier
  • Zoning: R3MX/PC
  • Living Area: 2880
Property and Assessments
  • Year Built Numeric: 1989
  • Amenities Additional Fees: Membership to Cedars Tennis Resort and Club gives access to Pickle and Tennis Courts, along with 24hr gym. Please see here for additional details-https://cedarstennisresort.com
  • Association Amenities: Cable TV, Clubhouse, Maintenance, Pool
  • Building Elevator: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 08-10-2021
  • Flood Zone Panel: 12081C0291F
  • Homestead: Yes
  • New Construction: No
  • Property Attached: No
  • Property Condition: Completed
  • Public Survey Range: 16
  • Public Survey Section: 26
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Cement Siding
  • Exterior Features: Balcony, Irrigation System, Lighting, Private Mailbox, Rain Gutters, Sliding Doors
  • Fencing: Masonry
  • Foundation Details: Basement
  • 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)
  • Spa: No
  • Vegetation: Mature Landscaping, Trees/Landscaped, Wooded
  • Waterfront Features: Bay/Harbor Front, Waterfront, Pond
  • Waterfront Feet Total: 40
  • Number Of Stories: 3
Interior Features
  • Bedrooms Total: 4
  • Bathrooms Full: 3
  • Additional Rooms: Family Room, Formal Dining Room Separate, Inside Utility, Storage Rooms
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Porcelain Tile, Hardwood
  • Heating: Central
  • Interior Features: Built-in Features, Ceiling Fan(s), Dry Bar, Eating Space In Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Laundry Features: Inside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 8.0
  • Water View: Yes
  • Window Features: Blinds, Storm Window(s), Window Treatments
  • Bathrooms Half: 0
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: Yes
  • Max Pet Weight: 101

Property History for 515 Forest Way

DateEvent & SourcePriceAppreciation
Jan 23, 2026

Listed (Active)

MFRMLS #A4679679

$1,495,000—
Nov 30, 2020

Sold (Public Record)

Public Record #686701095

$545,000

-0.6% / yr

Nov 30, 2020

Sold

MFRMLS #A4465231

$545,000—
Oct 27, 2020

Pending

MFRMLS #A4465231

—
Apr 22, 2020

Listed (Active)

MFRMLS #A4465231

$599,000—
Apr 7, 2020

Expired

MFRMLS #A4448308

$599,899—
Oct 8, 2019

Listed (Active)

MFRMLS #A4448308

$624,888—
Jan 30, 2019

Expired

MFRMLS #A4403446

$659,900—
May 20, 2018

Listed (Active)

MFRMLS #A4403446

$699,000—
Dec 15, 2005

Sold (Public Record)

Public Record #171990190

$595,000—
Dec 7, 2005

Sold

MFRMLS #A291377

$595,000—
Nov 10, 2005

Pending

MFRMLS #A291377

—
Nov 10, 2005

Listed (Active)

MFRMLS #A291377

$589,000—
DateEvent & SourcePrice
01/23/2026

Listed (Active)

MFRMLS #A4679679

$1,495,000
11/30/2020

Sold (Public Record)

Public Record #686701095

$545,000

-0.6% / yr

11/30/2020

Sold

MFRMLS #A4465231

$545,000
10/27/2020

Pending

MFRMLS #A4465231

—
04/22/2020

Listed (Active)

MFRMLS #A4465231

$599,000
04/07/2020

Expired

MFRMLS #A4448308

$599,899
10/08/2019

Listed (Active)

MFRMLS #A4448308

$624,888
01/30/2019

Expired

MFRMLS #A4403446

$659,900
05/20/2018

Listed (Active)

MFRMLS #A4403446

$699,000
12/15/2005

Sold (Public Record)

Public Record #171990190

$595,000
12/07/2005

Sold

MFRMLS #A291377

$595,000
11/10/2005

Pending

MFRMLS #A291377

—
11/10/2005

Listed (Active)

MFRMLS #A291377

$589,000

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

Public Records for 515 Forest Way

Taxable ValueLand-Additions$348,551Total-
Tax Record2024$11,699 ($975 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt2,880 SqFtAbove Grade Finished SqFt2,880 SqFtStories1StyleTownhouseYear Built1989ZoningLBK_R-3MX (PDCountyMANATEEAPN79273.0487-8

Schools near 515 Forest Way

This home is within Manatee.
Rating
School
Type
Grades
Distance
Anna Maria Elementary School
Public - K to 5
Martha B. King Middle School
Public - 6 to 8
Bayshore High School
Public - 9 to 12
State College Of Florida Collegiate School
Charter - 6 to 12
Rating
School
Distance
Anna Maria Elementary School
PublicK to 5

Martha B. King Middle School
Public6 to 8

Bayshore High School
Public9 to 12

State College Of Florida Collegiate School
Charter6 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

Similar Sold Homes

Explore Nearby Homes

More information about 515 Forest Way, Longboat Key, FL 34228

515 Forest Way is a condo for sale in Longboat Key, FL 34228. This property was listed for sale on January 23, 2026 by CENTURY 21 BEGGINS ENTERPRISES, it's currently listed at $1,495,000. It has been on the market for a total of 0 days and was last sold on November 30, 2020. This listing's school district is Manatee. Nearby schools include Anna Maria Elementary School, Martha B. King Middle School and Bayshore High School. 515 Forest Way is a 4-bed, 3-bath, 2,880 sqft condo built in 1989.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes 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.