$639,000 Sale

Listed 30 days ago

539 FOREST WAY #539 #539

MLS® a4706129 Townhouse

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Beds · 2

Baths · 2.50

Parking · -

Sqft · 1440

Property Taxes

$3,954.31/yr

Association Fee

$0.00/mo

Key Facts

Key facts for 539 FOREST WAY #539 #539

Property Type

Townhome

Parking

Common,Driveway,Garage Door Opener,Ground Level,Guest,Open,Oversized 1 garage

MLS #

A4706129

Size

1440 sqft

Basement

Listed on

Lot size

Tax

$3,954.31 /yr

Days on Market

Year Built

1990

Maintenance Fee

$945.33/mo

Description

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 $5...0,000 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

Interior

Bedrooms

Washrooms

2.50

Square Footage

1440 sqft

Heating

Central,Electric

Cooling

Central Air

Flooring

Luxury Vinyl,Tile

Full Bathrooms

Half Bathrooms

Levels

Three Or More

Appliances

Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer

Bedrooms

Washrooms

2.50

Square Footage

1440 sqft

Heating

Central,Electric

Cooling

Central Air

Flooring

Luxury Vinyl,Tile

Full Bathrooms

Half Bathrooms

Levels

Three Or More

Appliances

Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer

Exterior

Acreage

0.00

Lot Size

0.00 acres

View

Tennis Court,Trees/Woods

Pool

Parking Spaces

Total Parking Spaces

Garage Type

Common,Driveway,Garage Door Opener,Ground Level,Guest,Open,Oversized

Garage Spaces

Zoning

Acreage

0.00

Lot Size

0.00 acres

View

Tennis Court,Trees/Woods

Pool

Parking Spaces

Total Parking Spaces

Garage Type

Common,Driveway,Garage Door Opener,Ground Level,Guest,Open,Oversized

Garage Spaces

Zoning

Building Description

Property Type

Residential

Home Type

Townhome

Subtype

Townhouse

Year Built

1990

Exposure

West

Exterior

Balcony,Lighting,Rain Gutters

Sewers

Public Sewer

Water Supply

Bay/Harbor

StoriesTotal

Roof Type

Shingle

Deck

Covered,Rear Porch,Screened

New Construction

Foundation

Slab

Architecture

Traditional

Construction Materials

Block,Cement Siding,Frame

Property Type

Residential

Home Type

Townhome

Subtype

Townhouse

Year Built

1990

Exposure

West

Exterior

Balcony,Lighting,Rain Gutters

Sewers

Public Sewer

Water Supply

Bay/Harbor

StoriesTotal

Roof Type

Shingle

Deck

Covered,Rear Porch,Screened

New Construction

Foundation

Slab

Architecture

Traditional

Construction Materials

Block,Cement Siding,Frame

Community

Neighborhood

CEDARS EAST SEC 2

County

Manatee

Subdivision

CEDARS EAST SEC 2

Features

Buyer Approval Required,Deed Restrictions,Fitness Center,Pool,Tennis Court(s)

Neighborhood

CEDARS EAST SEC 2

County

Manatee

Subdivision

CEDARS EAST SEC 2

Features

Buyer Approval Required,Deed Restrictions,Fitness Center,Pool,Tennis Court(s)

Taxes & Fees

Taxes

$3,954.31 /yr

Tax Year

2025

Financing Terms

Cash,Conventional

HOA Fee

$0.00 /mo

Condo Fee

$945.33 /mo

Taxes

$3,954.31 /yr

Tax Year

2025

Financing Terms

Cash,Conventional

HOA Fee

$0.00 /mo

Condo Fee

$945.33 /mo

Other

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.

Virtual Tour Link

https://pix360.com/phototour3/43148/

Pets

Cats OK,Dogs OK,Number Limit,Size Limit,Yes

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.

Virtual Tour Link

https://pix360.com/phototour3/43148/

Pets

Cats OK,Dogs OK,Number Limit,Size Limit,Yes

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James (Jim) Gammello

Email: Jim@KeysToFlorida.net Cell: 941-699-6283