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507 Forest Way, Longboat Key, FL 34228
$669,500
507 Forest Way, Longboat Key, FL 34228View this property at 507 Forest Way, Longboat Key, FL 34228
507 Forest WayLongboat KeyFL34228
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Property Description
Buyers default due to personal circumstances creates your good fortune. 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.
Full Property Details
Full Property Details for 507 Forest Way
General
- Price: $669,500
- HOA FEE: $905/month
- HOA FEE FREQ.: Quarterly
- Taxes: $6,667 (2023)
- Status: Active
- Type: Townhouse
- MLS ID: A4599448
- Updated: 5/4/2024
- Added to Site: 92 day(s) ago
Rental Information
- Min. Lease: 2 Weeks
Interior
- Number of Rooms: 5
- Interior Features: Ceiling Fan(s), High Ceilings, Kitchen and Family Room Combination, Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Window Treatments
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Furnishings: Partially
- Flooring: Carpet, Ceramic Tile, Other
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Shared Amenities: Cable TV, Pool
- Security/Safety: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
Exterior
- Exterior Features: Irrigation System, Lighting, Sidewalk, Sliding Doors
- Deck/Patio: Covered, Rear Porch, Screened
- Porch/Patio/Deck: Covered, Rear Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway, Ground Level, Oversized, Tandem
Location
- Area: 34228 - Longboat Key
- County: Manatee
- Development Name: 34228 - Longboat Key
- Subdivision: CEDARS EAST SEC 2
- Driving Directions: Gulf of Mexico to East on Companion Way to North on Forest Way. Property third unit on right .
- Direction Faces: West
School Information
- Elementary School: Anna Maria Elementary
- Middle School: Martha B. King Middle
- High School: Bayshore High
Community
- Community Name: 34228 - Longboat Key
- 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)
- Optional Amenities: Cable TV, Pool
- Association: Yes
- Assoc. Name: Cedars East
- Assoc. Fees Include: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pool Maintenance, Private Road, Sewer, Trash, Water
- Pet Restrictions: Breed Restrictions Buyer/Buyer's agent to verify
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric, Heat Pump
Utilities
- Sewer: Public Sewer
- Water District: Sarasota Bay
- Water: Public
- Utility Description: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Underground Utilities, Water Connected
Structural Information
- Architectural Info: Elevated
- Architectural Style: Elevated
- Exterior Const.: Block, Cement Siding, Stucco
- Roof: Shingle
- Windows: Blinds, Drapes, Impact Glass/Storm Windows
- Stories/Levels: Three Or More
- Square Feet: 1,440
- Sq. Ft. Source: Public Records
- Year Built: 1990
Lot Features
- Property View: Trees/Woods
- Frontage: Street Dead-End, Private Road
- Street/Road Desc.: Asphalt
- Fencing (Description): Masonry
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Bay/Harbor
- Water Extras: Yes
- Water Front Name: Sarasota Bay
- Water Front Desc.: Bay/Harbor Front, Waterfront, Bay/Harbor
Financial Considerations
- Association Fee: $2,715
- Assoc Fee Freq.: Quarterly
- Assoc Fee Desc.: Required
- Tax Amount: $6,667
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNIT 7, SECTION TWO CEDARS EAST CONDO PI#79273.0465/4
- Flood Zone Info: AE
- Disclosures/Reports: Condominium Disclosure Available, Seller Property Disclosure
- APN: 7927304654
- Property ID: 7927304654
Listed by Century 21 Beggins Enterprises
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Schools
Schools serving 507 Forest Way
School District:Manatee County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
4700 Gulf Dr, Holmes Beach, FL 34217 | K-5 | 6.7 mi | |
600 75th St Nw, Bradenton, FL 34209 | 6-8 | 6.3 mi | |
5401 34th St W, Bradenton, FL 34210 | 9-12 | 4.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 507 Forest Way
Date
Details
Price
Change
Source
4/22/2024
Price Reduced
$669,500
-3.67%
MLS
2/12/2024
Listed
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 507 Forest Way
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,667
37%
$514,250
87%
2021
$4,859
-12%
$275,000
-25%
2022
$5,515
14%
$367,500
39%
2021
$4,859
7%
$265,000
10%
2019
$4,548
30%
$242,000
10%
2017
$3,507
—
$220,000
5%
2017
$3,507
8%
$210,500
12%
2016
$3,249
9%
$187,900
—
2015
$2,990
13%
$187,900
19%
2014
$2,654
4%
$158,106
3%
2013
$2,561
—
$153,501
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 507 Forest Way
507 Forest Way, Longboat Key, FL 34228 (MLS# A4599448) is a Townhouse property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 507 Forest Way is currently listed for $669,500 and was received on February 12, 2024. Want to learn more about 507 Forest Way? Do you have questions about finding other Townhouse real estate for sale in Longboat Key? You can browse all Longboat Key real estate or contact a Coldwell Banker agent to request more information.