Movoto Real Estate
Sold on 09/05/2024
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511 Forest Way, Longboat Key, FL 34228

$639,184

Last sold 09/05/2024 after 118 Days

  • 2

    bed

  • 3

    bath

  • 1,440

    Sqft ($444/Sqft)

Townhouse not for sale

About 511 Forest Way

Property type Townhouse
Neighborhood
Year built 1990
HOA fee $906/month
Parking 2 garage spaces
Rental estimate
Property description
New Opportunity, Here Now! Walk right into instant income with appx $40k on the books for future seasonal rental. A beautifully maintained Townhome in Cedars East Fitness & Tennis Resort. Ideally, it is located in a private location of Cedars East. Easy access to our island's long walking/bike path with easy access to one of our best beach accesses. End unit with enchanting tropical foliage views and war, southern exposure light from almost every window. Excellent price positioning on this particular location. The open, spacious, private light combined with the tropical foliage will absolutely put you in that relaxed island-life state of mind. This beautiful home, with its high ceilings and open flowing floor plan, features an open kitchen with the snack bar leading right into the dining and family room, giving you an open and spacious living area. This home has gorgeous colors and materials throughout the entire interior. Ceramic tile through the whole first floor. The kitchen offers updated countertops, cabinets, and appliances. The primary bedroom is oversized with a wall of windows offering those wooded views of our tropical island foliage. The Master bathroom is large with his and her vanities. Lanai off the family room is a peaceful oasis surrounded by an island landscape and complete privacy. The exterior was resided w/ maintenance-free Hardi Board Siding along w/ newer windowswhere installed. The oversized garage with a large storage closet is perfect for all the hobbies and is a very rare asset on Longboat Key. Additional recent improvements include new AC condensers on both machines. 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 additional 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. Current seller has multiple repeat clients that would be interested in rebooking in the future and excellent future bookings, projections and rental history to share. Cedars is also a pet-friendly community!! Finally, the sellers are offering completely turn-key furnished (Excluding very limited personal items) to make your move seamless so, as you can see, what a property for your new beach residence.
Listed by
Listing Agent - Jesse Griffin
Listing Agent Contact: 941-387-8888
Listing Office - CENTURY 21 BEGGINS ENTERPRISES
Source: Stellar MLS mls logo
MLS#A4610363 • last updated 1 year ago
Movoto checked Stellar MLS for data 13 minutes ago
Overview
Cooling/AC Central Air
Heating Central
Levels/Style Three Or More, Elevated, Traditional
Type Residential
Virtual Tour N/A
SubType Townhouse
Status Sold
MLS # A4610363
SqFt 1440
Property Tax 6667
Year Built 1990
Condition Completed
HOA Name Cedars East
HOA Fee 2719, Quarterly
Interior
Total # Bathrooms 3
# Full Baths 2
# Half Baths 1
# Bedrooms 2
Total # of Rooms 5
Interior Features Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Stone Counters, Window Treatments
Exterior
Exterior Other
Roof Shingle
Foundation Slab
Fencing Masonry
# Garage Spaces 2
Amenities / Utilities
Utilities Desc BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Phone Available, Street Lights, Underground Utilities, Water Connected
Sewer Public Sewer
Location
Body of Water SARASOTA BAY
View Trees/Woods
Waterfront Bay/Harbor
County Manatee
Community Features Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Restaurant, Special Community Restrictions, Tennis Courts
Subdivision CEDARS EAST SEC 2
Elementary School Anna Maria Elementary
Middle School Martha B. King Middle
High School Bayshore High
APN 7927304753
Zoning R3MX/PC
Directions Gulf Of Mexico To East On Companion Way To North On Forest Way. Property Fifth Unit On Right
Lot/ Land Details
Road Surface Type Asphalt
We are not permitted to show value estimates for this property.
  • Nov 2024
    Public Records
  • Nov 13, 2024 Sold
    $639,200
  • Nov 2024
    mls logo MLS # A4610363
  • Nov 8, 2024 Sold
    $639,184 (-4.6%)
  • Sep 5, 2024 Pending
    —
  • Jul 25, 2024 Price Change
    $670,000 (-3.6%)
  • May 10, 2024 Listed
    $695,000 (+117.9%)
  • Jul 2018
    Public Records
  • Jul 2, 2018 Sold
    $319,000 (+51.9%)
  • Feb 2001
    Public Records
  • Feb 7, 2001 Sold
    $210,000
  • Year Property taxes Tax assessment
  • 2024
    $7,054 +5.8%
    $552,500 +7.44%
  • 2023
    $6,667 +20.9%
    $514,250 +39.93%
  • 2022
    $5,515 +13.5%
    $367,500 +33.64%
  • 2021
    $4,859 +2.6%
    $275,000 +3.77%
  • 2020
    $4,736 -0.5%
    $265,000
  • 2019
    $4,761 +17.0%
    $265,000 +20.45%
  • 2018
    $4,070 +16.1%
    $220,000 +4.51%
  • 2017
    $3,507 +32.1%
    $210,500 +12.03%
  • 2014
    $2,654
    $187,900
  • 511 Forest Way
    $639K
  • 34228 - Longboat Key
    —
  • 34228
    $1.05M -12% y/y
  • Longboat Key
    $1.05M -13% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
541 Forest Way #24, Longboat Key, FL 34228 $564,000 2/2 1,440 0.02
526 Forest Way, Longboat Key, FL 34228 $560,000 2/2 1,440 0.02
505 Forest Way, Longboat Key, FL 34228 $578,000 2/2 1,440 0.02
528 Forest Way, Longboat Key, FL 34228 $552,000 2/2 1,440 0.02
503 Forest Way, Longboat Key, FL 34228 $578,000 2/2 1,440 0.02
530 Forest Way, Longboat Key, FL 34228 $560,000 2/2 1,440 0.02
532 Forest Way, Longboat Key, FL 34228 $560,000 2/2 1,440 0.02
510 Forest Way, Longboat Key, FL 34228 $565,000 2/2 1,440 0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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9/10
4/10
2/10
Bayshore High School
public Grades 9-12
Manatee
Source: GreatSchools.org © 2026. All rights reserved.

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