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Active18 days on market
$639,000
539 FOREST WAY #539LONGBOAT KEY, FL 34228CEDARS EAST SEC 2 · Townhouse
2Beds
3Baths
1,440Sq ft
1-carGarage
1990Built
About this home
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 impro…
Description as provided by the listing brokerage.
Highlights
- Balcony
- Lighting
- Rain Gutters
- Ceiling Fans(s)
- High Ceilings
- Open Floorplan
- PrimaryBedroom Upstairs
- Solid Surface Counters
- Split Bedroom
The details
StatusActive
MLS #MFRA4706129
Property typeTownhouse
Year built1990
Living area1,440 sq ft
Price per sq ft$444
Baths3 + 1 half
CDDNo
Taxes$3,954 (2025)
Garage1-car
Stories3
Days on market18
CountyManatee
Flood zoneAE (verify)
FurnishedFurnished
ListedSep 13, 2026
Features & property details
Interior
Full baths2
Half baths1
Rooms7
FlooringLuxury Vinyl, Tile
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Interior featuresCeiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Upstairs, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Window Treatments
LaundryUpper Level
FireplaceNo
WindowsBlinds
CoolingCentral Air
HeatingCentral, Electric
In-law suite0
Exterior & lot
Exterior featuresBalcony, Lighting, Rain Gutters
Patio & porchCovered, Rear Porch, Screened
ViewTennis Court, Trees/Woods
Lot featuresCul-De-Sac, Landscaped, Level, Street Dead-End, Paved
FacesWest
Road surfaceAsphalt
Construction
StyleTraditional
ConstructionBlock, Cement Siding, Frame
FoundationSlab
RoofShingle
ConditionCompleted
Living area sourcePublic Records
Building area (sq ft)2,268
Parking
GarageYes
Attached garageYes
CarportNo
Parking featuresCommon, Driveway, Garage Door Opener, Ground Level, Guest, Open, Oversized
Pool & water
PoolIn Ground
SpaNo
Water accessBay/Harbor
Water extrasFishing Pier
Waterfront feet0
Dock0
Dock detailsDock - Composite
Community & HOA
AssociationCoastal Association Management/Bob MacDonald
HOA frequencyQuarterly
Fee includesCable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Private Road, Sewer, Trash, Water
AmenitiesMaintenance
Fee requirementRequired
Approval required1
Total monthly fees$945.33
Total annual fees$11,344
Monthly condo fee$945
Condo fees$2,836
Condo fee termQuarterly
Community featuresBuyer Approval Required, Deed Restrictions, Fitness Center, Pool, Tennis Court(s)
55+ communityNo
PetsCats OK, Dogs OK, Number Limit, Size Limit, Yes
Pet restrictionsSee community by laws
Pet sizeSmall (16-35 Lbs.)
Max pet weight35
Number of pets2
Minimum lease2 Weeks
Lease restrictions1
Lease notessee Condo docs and management
SW communityCedars East
Building
BuildingNA
Unit539
Floor1
Elevator0
Utilities & efficiency
UtilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
SewerPublic Sewer
Water sourcePublic
Financial & terms
CDD0
Tax year2,025
Homestead0
Listing termsCash, Conventional
OwnershipCondominium
Special conditionsNone
PossessionClose Of Escrow
Home warrantyNo
ZoningR3MX/PC
OccupantVacant
MLS area34228 - Longboat Key
Where it sits
Approximate location shown. Exact address available on request per listing brokerage.
More like this
Stellar MLSMLS# MFRA4706129Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTYLast updated Oct 11, 2026, 3:05 PM