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$1,420,000
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Property Description
NEW PRICE, AMAZING OPPORTUNITY!!! Experience the ultimate island lifestyle in this masterfully renovated 2,880 sqft, 4 Bed/3 Bath "lock-and-leave" condo at Cedars Tennis Resort and Club. 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 Resort and Club. This exquisite 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, 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 a walk-in shower. Recent updates beyond the full interior renovation include 2026 garage door replacements, and 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 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, making it the perfect balance for offsetting costs when not in use, without living in a hotel community. Exceptional onsite management is in place if desired. Fantastic residence, rare opportunity, come take a look today!
Full Property Details
Full Property Details for 515 Forest Way
General
- Price: $1,420,000
- HOA FEE: $1,698/month
- HOA FEE FREQ.: Quarterly
- Taxes: $4,802 (2025)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4679679
- Updated: 4/3/2026
- Added to Site: 81 day(s) ago
Rental Information
- Min. Lease: 2 Weeks
Interior
- Number of Rooms: 8
- Interior Features: Built-in Features, Ceiling Fan(s), Dry Bar, Eating Space In Kitchen, Elevator, High Ceilings, Kitchen and Family Room Combination, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
- Fireplace: Yes
- Fireplace(s): Family Room
- Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Furnishings: Negotiable
- Flooring: Carpet, Ceramic Tile, Porcelain Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: Cable TV, Clubhouse, Maintenance, Pool
- Security/Safety: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Irrigation System, Lighting, Private Mailbox, Rain Gutters, Sliding Doors
- Deck/Patio: Covered, Rear Porch, Screened
- Porch/Patio/Deck: Covered, Rear Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Covered, Driveway, Garage Door Opener, Ground Level, Guest, Oversized, Split Garage
Location
- Area: 34228 - Longboat Key
- County: Manatee
- Development Name: 34228 - Longboat Key
- Subdivision: CEDARS EAST SEC 2
- Driving Directions: Gulf of Mexcio Dr. to East on Companion Way to First left on Forest Way. 515 Forest Way directly ahead.
- Direction Faces: South
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, 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)
- Optional Amenities: Cable TV, Clubhouse, Maintenance, Pool
- Association: Yes
- Assoc. Fees Include: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Sewer, Trash, Water
- Pet Restrictions: See bylaws, / 101lbs.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water District: SARASOTA BAY
- Water: Public
- Utility Description: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Exterior Const.: Block, Cement Siding
- Basement Desc.: Other
- Roof: Shingle
- Windows: Blinds, Storm Window(s), Window Treatments
- Stories/Levels: Three Or More
- Square Feet: 2,880
- Sq. Ft. Source: Public Records
- Year Built: 1989
Lot Features
- Property View: Trees/Woods, Water
- Frontage: Street Dead-End, Street Paved, Private Road
- Street/Road Desc.: Paved, Asphalt
- Fencing (Description): Masonry
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Bay/Harbor, Beach
- Water Extras: Yes
- Water Front Name: SARASOTA BAY
- Water Front Desc.: Bay/Harbor Front, Waterfront, Pond
Financial Considerations
- Association Fee: $5,094
- Assoc Fee Freq.: Quarterly
- Assoc Fee Desc.: Required
- Tax Amount: $4,802
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNITS 11 & 12, SECTION TWO CEDARS EAST CONDO PI#79273.0487/8
- Flood Zone Info: AE
- APN: 7927304878
- Property ID: 7927304878
Listed by Century 21 Beggins Enterprises
Get Pre-Approved Today
Schools
Schools serving 515 Forest Way
School District:Manatee County School District
| Name | Grades | Distance |
|---|---|---|
Anna Maria Elementary School 4700 Gulf Drive, Holmes Beach, FL 34217 | PK-5 | 6.7 mi |
Martha B. King Middle School 600 75th Street Northwest, Bradenton, FL 34209 | 6-8 | 6.3 mi |
Bayshore High School 5401 34th Street West, Bradenton, FL 34210 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 515 Forest Way
Date
Details
Price
Change
Source
4/03/2026
Price Reduced
$1,420,000
-3.4%
MLS
2/17/2026
Price Reduced
$1,470,000
-1.67%
MLS
1/23/2026
Listed
$1,495,000
174.31%
MLS
11/30/2020
Sold
$545,000
—
Public Record
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 515 Forest Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,699
—
$348,551
-63%
2024
$11,699
6%
$935,000
7%
2023
$11,074
38%
$875,500
86%
2021
$8,005
-12%
$470,000
-25%
2022
$9,105
14%
$624,750
29%
2021
$8,005
32%
$485,000
21%
2017
$6,057
—
$400,000
8%
2017
$6,057
-24%
$369,000
-16%
2019
$7,948
39%
$440,000
29%
2016
$5,715
5%
$339,900
—
2015
$5,433
12%
$339,900
18%
2014
$4,841
4%
$288,401
3%
2013
$4,672
—
$280,001
—
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 515 Forest Way
515 Forest Way, Longboat Key, FL 34228 (MLS# A4679679) is a Condo property with 4 bedrooms and 3 full bathrooms. 515 Forest Way is currently listed for $1,420,000 and was received on January 23, 2026. Want to learn more about 515 Forest Way? Do you have questions about finding other Condo 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.

