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532 Forest Way, Longboat Key, FL 34228

$560,000

Last sold 12/30/2020 for $341K

2
bed
3
bath
1,440
Sqft ($237/Sqft)

Townhouse not for sale

About 532 Forest Way

Property type Townhouse

Neighborhood

Year built 1989

HOA fee $0/month

Movoto estimate

Parking 1 garage spaces

Rental estimate

Property description

This bright and cheery Cedars East 1440sf 2/2/1 townhouse is currently the best value (aka- lowest price per square foot) of any condo on Longboat Key, which makes it a SLAM-DUNK (aka- astute) purchase available for an investor and/or resident. The rental potential is excellent (26 x min 2wks). When you take in the high ceilings (9ft LR/DR); the oversized (13x30) one-car garage; the updated Hardi-plank siding and windows; turnkey-furnishings with brand new carpeting on the stairs and in the bedrooms (living area is ceramic tile); an upstairs laundry room... you'll get it! When you realize this is an end-unit with open views from three sides, offering tremendous amenities (HarTru tennis courts, Jr Olympic pool, 24/7 fitness center, walking trails, fishing dock, even a beach-on-the-bay at low tide), and is pet-friendly (allows two dogs)... you'll smile to yourself! Need more? You are across the street from LBK's glorious ten-mile sandy beach on the Gulf of Mexico and we have great restaurants to boot. Nearby St Armand's Circle and downtown Sarasota are close enough to tempt you. Longboat Key is the WOW FACTOR in greater Sarasota's real estate market, which brings us back to your search for paradise. Did I mention that this particular townhouse is the BEST VALUE/SQFT of any residential property on Longboat Key? Stop by ASAP... get excited!

Listed by

Listing Agent - Bill Anderson

Listing Office - MICHAEL SAUNDERS & COMPANY

Source: Stellar MLS

MLS#A4484607 • last updated 5 years ago

Movoto checked Stellar MLS for data 23 minutes ago

$560K

Range: $515K-$604K

Last 30 days

Rental est.: $12,893/month

• Gross rent multiplier: 2.2 - Excellent

Lower your payment with the loan terms that fit you.

Dec 2020
MLS # A4484607
Dec 30, 2020 Sold
$341,000
Dec 2, 2020 Pending
—
Nov 25, 2020 Listed
$329,000 (+32.1%)
Dec 2020
Public Records
Dec 30, 2020 Sold
$341,000 (+3.6%)
Sep 2017
Public Records
Sep 19, 2017 Sold
$249,000 (-0.4%)
Sep 2002
Public Records
Sep 19, 2002 Sold
$250,000

Year Property taxes Tax assessment
2024
$7,732 +0.8%

$529,678 +3.0%
2023
$7,670 +39.1%

$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 +4.1%

$265,000
2019
$4,548 +11.8%

$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

532 Forest Way
$341K
Cedars East Sec 2
—
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
526 Forest Way, Longboat Key, FL 34228	$560,000	2/2	1,440	0.01
528 Forest Way, Longboat Key, FL 34228	$552,000	2/2	1,440	0.01
530 Forest Way, Longboat Key, FL 34228	$560,000	2/2	1,440	0.01
521 Forest Way, Longboat Key, FL 34228	$564,000	2/2	1,440	0.03
504 Forest Way, Longboat Key, FL 34228	$565,000	2/2	1,440	0.03
519 Forest Way, Longboat Key, FL 34228	$575,000	2/2	1,440	0.03
502 Forest Way, Longboat Key, FL 34228	$564,000	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.