$599,900

521 Forest WayLongboat Key, FL 34228

  • 2 beds
  • 2.5 baths
  • 1,440 sqft
  • 2.12 acres
  • 47 days on market

About this home

Discover your ultimate island escape in this beautifully updated, fully furnished, and pet-friendly 2-bedroom, 2.5-bathroom townhome located within the desirable Cedars Tennis Resort & Club on Longboat Key. Set across a lush, village-like community enveloped by nature on the island's scenic north end, this property offers a rare combination of relaxed coastal living and an excellent short-term rental opportunity featuring a flexible two-week policy. Step inside to find a turnkey, coastal-chic interior highlighted by crisp shiplap accents, warm wood-style flooring, and elegant metallic hardware throughout. The updated kitchen features white shaker cabinetry, premium stone countertops, custom tile backsplash, and a breakfast bar with seating, all while offering a subtle peekaboo views of the glistening Gulf of Mexico. It flows seamlessly into a bright dining space framed by a shell-pendant chandelier and an inviting living room that opens through sliding glass doors to a private, screened lanai framed by tropical palms and water views. Upstairs, the layout is designed for comfort and convenience. The primary suite serves as a serene retreat with water views, large closet space, and barn-door entry into an upgraded bathroom featuring dual vanities, white shiplap walls, and a walk-in shower with floor-to-ceiling marble tile and gold hardware accents. Just down the hall, the secondary bedroom, which also catches a peekaboo Gullf view, is accompanied by a second full bathroom and ther is also a dedicated upstairs laundry closet with front-loading washer and dryer units. Outside, the property enjoys tranquil views of lush tropical foliage and a quiet island setting, complete with recent structural and mechanical improvements like updated windows, a brand new roof, 2021 air conditioning units, and a private garage with a recently installed hurricane-rated garage door. Cedars Tennis Club provides an unmatched resort-style atmosphere. Meander along lit boardwalks winding through mangroves to access an exceptional array of community amenities, including a heated Junior Olympic-sized swimming pool, a vibrant tiki bar, nine Har-Tru tennis courts, three Har-Tru pickleball courts, a clubhouse with a pro shop, a 24-hour fitness center, an on-site Google 5-star restaurant Hugo's II, a fishing pier, and a kayak launch (please note that some amenities require an additional club membership). This property has been a second home for current long time owners, but similair neighboring properties boasts a proven track record as a lucrative short-term rental, consistently producing roughly $50,000 in net annual revenue after platform fees. Furthermore, it offers a rare level of operational flexibility for Longboat Key, permitting up to 26 rental cycles per year. When you are ready to venture out, you are within easy walking distance of Longboat Key's world-renowned sugary white sand beaches, the tranquil trails of Joan Durante Park, and local culinary staples like Harry's Deli & Continental Kitchen, Lo-Key Bar and Grill and Euphemia Haye Restaurant & The Haye Loft. For broader entertainment, shopping, and cultural experiences, St. Armands Circle, downtown Sarasota, the Ringling Museum complex, Mote Marine and Anna Maria Island are just a short drive away. Whether you are searching for the dream beach house, a lucrative investment property, or your own private full-time retreat complete with stunning evening sunsets, this Longboat Key gem delivers on every front

Virtual tour

Facts

Property type
Townhouse
Year built
1990
Stories
3
Garage spaces
2
Lot size
2.12 acres
Pool
No
Waterfront
Yes
Water view
Gulf/Ocean - Partial,Pond
Subdivision
CEDARS EAST SEC 2
Community
Cedars East
County
Manatee
CDD
0
Annual taxes
$3,494 (2025)
Flood zone
AE
Pets
Yes
New construction
No
MLS #
A4706685

Features

Interior
Built-in Features, Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom, Stone Counters, Thermostat, Window Treatments
Appliances
Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
Flooring
Luxury Vinyl, Tile, Wood
Heating
Central
Cooling
Central Air
Exterior
Lighting, Rain Gutters, Sidewalk, Tennis Court(s)
Patio & porch
Covered, Rear Porch, Screened
Parking
Oversized
Construction
Block, Cement Siding, Frame
Roof
Shingle
Lot
Cul-De-Sac, City Limits, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Street Dead-End, Paved, Private
View
Trees/Woods, Water, Gulf/Ocean - Partial
Community features
Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Restaurant, Sidewalks, Tennis Court(s), Street Lights
Association amenities
Cable TV, Clubhouse, Maintenance, Trail(s)
HOA fee includes
Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Public, Sewer Connected, Underground Utilities
Water
Public
Sewer
Public Sewer
Elementary school
Anna Maria Elementary
Middle school
Martha B. King Middle
High school
Bayshore High

Location

Stellar MLS Listing courtesy of CENTURY 21 BEGGINS ENTERPRISES. MLS # A4706685.

Similar homes nearby

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS. Last updated: 2026-11-04 1:45 PM EST.