521 FOREST WAY

$599,900

2Bedrooms
3Bathrooms
1,440Sq Ft
1990Year Built
2Garage
6Days on Market
2.12 acLot Size

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

Facts & Features

MLS #
MFRA4706685
PRICE
$599,900
STATUS
Active
BEDROOMS
2
BATHROOMS
3
FULL BATHS
2
HALF BATHS
1
SQUARE FOOTAGE
1,440 sqft
ACRES
2.12
YEAR BUILT
1990
TYPE
Townhouse
STYLE
Traditional, Coastal, Elevated

Amenities

AMENITIES
Cable TV, Clubhouse, Trail(s), Maintenance
PARKING
N/A
VIEW
No
WATERFRONT
Yes
POOL
No

Exterior

STYLE
Traditional, Coastal, Elevated
CONSTRUCTION
Block, Frame, Cement Siding
FOUNDATION
Slab
ROOF
Shingle
FENCING
N/A
LOT DESCRIPTION
City Limits, Landscaped, Paved, Level, Near Public Transit, Near Golf Course, Sidewalk, Private, Near Marina, Cul-De-Sac, Street Dead-End

Additional Information

DATE LISTED
September 18, 2026
DAYS ON MARKET
6
ZONING
R3MX/PC
DIRECTION FACES
West
NEW CONSTRUCTION
No
SPECIAL CONDITIONS
None

Community Information

ADDRESS
521 FOREST WAY
SUBDIVISION
Cedars East Sec 2
CITY
Longboat Key
COUNTY
Manatee
STATE
FL
ZIP CODE
34228
SENIOR COMMUNITY
No

Interior

INTERIOR FEATURES
Ceiling Fans(s), Open Floorplan, Split Bedroom, Kitchen/Family Room Combo, Stone Counters, Thermostat, Window Treatments, PrimaryBedroom Upstairs, Built-in Features
HEATING
Central
COOLING
Central Air
FLOORING
Tile, Wood, Luxury Vinyl
FIREPLACE
N/A
STORIES
3
APPLIANCES
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Range, Range Hood, Bar Fridge

School Information

DISTRICT
N/A
ELEMENTARY
Anna Maria Elementary
MIDDLE
Martha B King Middle
HIGH
Bayshore High

Location

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FLAT FEE MLS REALTY

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Stellar MLS

Based on information submitted to the MLS GRID as of September 24, 2026 2:05 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.