photo 1: 531 EDLEE LANE, LONGBOAT KEY FL 34228

Courtesy of COLDWELL BANKER REALTY 941-266-9060

Active

531 EDLEE LANE, LONGBOAT KEY FL 34228

$699,000

Price

3

Beds

2

Baths

1,241

Sq. Ft.

Now Offered at $699,000 Massive Price Drop Investor & Builder Opportunity – Sellers Say SELL! Welcome to 531 Edlee Lane—now $200,000 below original list price, this is one of the best values on Longboat Key and ideal for builders or investors seeking a quick-close opportunity. Located on a private street with no HOA, just a 4-minute walk to the beach, this property offers the rare flexibility to restore the existing structure or tear down and build new in an exclusive coastal setting. Already in place is a brand-new $120,000 gunite saltwater pool and spa, paired with a hurricane-rated enclosure and new filtration system—delivering a fully completed luxury outdoor living space—ready to incorporate into the updated home or future build. Roof is 2019. Enjoy deeded boat launch access to Sarasota Bay, generous lot dimensions at .28 acres, and a quiet neighborhood surrounded by custom homes. Property is priced to reflect current market conditions. Sellers are seeking strong offers with preference for a clean, cash closing.

Listing Type

Residential

Property Type

Single Family Residence

Built Year

1963

Levels

One

Price/Sqft

--

Lot Size Acre

0.28

Status

Active

Days on Realoq

155

Living Area

1,241 Sq. Ft.

Lot Size Sqft

12,258 Sq. Ft.

Location

Interior Features
  • Ninguno
Laundry Features
  • None
Pool
  • Gunite, Heated, In Ground, Lighting, Screen Enclosure
Roof
  • Shingle
Foundation
  • Block
Architecture
  • Coastal, Florida
Materials
  • Block
Lot Information
  • FloodZone, Level, Street Dead-End, Private, Unpaved
View
  • Garden, Trees\/Woods
Water Source
  • Public
Parcel Number
  • 7839800005
Agent

Lisa Garcia

Brokerage

COLDWELL BANKER REALTY

Source AOR

Manatee

Listing ID #

A4637426

This content last updated on 06/28/2025 11:24 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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Based on information submitted to the MLS GRID as of 06/28/2025 11:24 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.

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