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$639,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,440 Sq. Ft.
  • Updated 6 hours ago
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Second-home buyers and investment-minded buyers, take note. This beautifully furnished, turnkey residence at Cedars East on Longboat Key offers the rare combination of a polished coastal retreat, an established rental history, and meaningful upside potential. The home has generated approximately $50,000 in average annual rental payout revenue, after Airbnb and VRBO fees, providing a proven income history while maintaining the flexibility of up to 26 rental opportunities a year-an unusually flexible arrangement for Longboat Key. The owners have invested more than $130,000 in upgrades and improvements since 2021, creating a home that is not simply rental-ready, but thoughtfully maintained and continually enhanced. The current owners have created a home designed to deliver an exceptional guest experience. The sale includes the home's high-quality furnishings, top-of-the-line kitchenware-including All-Clad cookware-solid dishware, premium beach equipment and carefully selected décor. The result is reflected in the property's rental reputation, with more than 40, 5-Star Airbnb reviews from previous guests. Positioned near the front of Cedars East, the residence offers more convenient access to the Gulf beaches than many locations within the community and is next to the Longboat Key bike path. Inside, the 1,440-square-foot, two-bedroom, 2½-bath residence features an open living and dining area, a large garage, and a private, wooded outlook from the living room and lanai. The lush greenery creates a wonderfully private, almost treehouse-like setting-a peaceful contrast to the Gulf just moments away. Residents of Cedars East enjoy a resort-style setting with HOA amenities including the community pool, kayak and paddle board launch, fishing pier, cable, water, sewer, trash and pest control.Optional membership at the Cedars Tennis Resort & Club provides access to additional tennis, pickleball and fitness amenities. Whether you're looking for a beautifully finished Longboat Key retreat, a second home that can generate income, or a turnkey vacation property with an established rental history, this residence offers a compelling combination of lifestyle and flexibility. Come experience The Longboat Key Life.

Full Property Details for 539 Forest Way #539

General

  • Price: $639,000
  • HOA FEE: $945/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $3,954 (2025)
  • Status: Active
  • Type: Condo
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4706129
  • Updated: 9/23/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Min. Lease: 2 Weeks

Interior

  • Number of Rooms: 7
  • Interior Features: Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Window Treatments
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Furnishings: Furnished
  • Flooring: Luxury Vinyl, Porcelain Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Upper Level

Additional Information

  • Shared Amenities: Maintenance
  • Pool Description: In Ground

Exterior

  • Exterior Features: Balcony, Irrigation System, Lighting, 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: 1
  • Covered Spaces: 1
  • Parking Features: Common, Driveway, Garage Door Opener, Ground Level, Guest, Open, Oversized

Location

  • Area: 34228 - Longboat Key
  • County: Manatee
  • Development Name: 34228 - Longboat Key
  • Subdivision: CEDARS EAST SEC 2
  • Driving Directions: Drive north on Gulf of Mexico Drive. Turn right onto Companion Way at Cedars East. Take the first left onto Forest Way and follow Forest Way toward the end. 539 Forest Way will be on the right.
  • Direction Faces: West

Community

  • Community Name: 34228 - Longboat Key
  • Community Features: Fishing, Water Access, Waterfront, Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Tennis Court(s)
  • Optional Amenities: Maintenance
  • Association: Yes
  • Assoc. Name: Coastal Association Management/Bob MacDonald
  • Assoc. Fees Include: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Private Road, Sewer, Trash, Water
  • Number of Pets: 2
  • Pet Restrictions: See community by laws, / 35lbs.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected

Structural Information

  • Architectural Info: Traditional
  • Architectural Style: Traditional
  • Exterior Const.: Block, Cement Siding, Wood Frame
  • Roof: Shingle
  • Windows: Blinds
  • Stories/Levels: Three Or More
  • Square Feet: 1,440
  • Sq. Ft. Source: Public Records
  • Year Built: 1990

Lot Features

  • Property View: Tennis Court, Trees/Woods
  • Frontage: Street Dead-End, Street Paved
  • Street/Road Desc.: Paved, Asphalt

Water Features

  • Water Access: Yes
  • Water Access Desc: Bay/Harbor
  • Water Extras: Yes
  • Water Front Desc.: Waterfront

Financial Considerations

  • Assoc Fee Freq.: Quarterly
  • Assoc Fee Desc.: Required
  • Condo Fee: $2,836
  • Condo Fee Freq: Quarterly
  • Tax Amount: $3,954.31
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Condominium
  • Special Conditions: None
  • Legal Description: UNIT 23, SECTION TWO CEDARS EAST CONDO PI#79273.0545/3
  • Flood Zone Info: AE
  • APN: 7927305453
  • Property ID: 7927305453

Listed by Premier Sotheby's International Realty

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Listing agent

— 539 Forest Way #539 —

  • Premier Sotheby's International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 539 Forest Way #539

School District:Manatee County School District
NameGradesDistance
Anna Maria Elementary School
4700 Gulf Drive, Holmes Beach, FL 34217
PK-56.7 mi
Martha B. King Middle School
600 75th Street Northwest, Bradenton, FL 34209
6-86.3 mi
Bayshore High School
5401 34th Street West, Bradenton, FL 34210
9-124.6 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 539 Forest Way #539 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/23/2026
Listed
$639,000
37.42%
MLS
5/20/2021
Sold
$465,000
—
Public Record
Get Price Alerts and Save Property
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 for 539 Forest Way #539

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,954
-55%
$505,852
112%
2024
$8,733
—
$238,119
-62%
2024
$8,733
6%
$633,250
8%
2023
$8,224
57%
$586,500
89%
2021
$5,252
-23%
$310,000
-25%
2022
$6,824
30%
$414,750
57%
2021
$5,252
167%
$265,000
20%
2017
$1,967
—
$220,000
5%
2017
$1,967
-57%
$210,500
-13%
2019
$4,548
40%
$242,000
29%
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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Premier Sotheby's International Realty

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539 Forest Way #539, Longboat Key, FL 34228 (MLS# A4706129) is a Condo property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 539 Forest Way #539 is currently listed for $639,000 and was received on September 23, 2026. Want to learn more about 539 Forest Way #539? 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.

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