508 Forest Way, FL508 Forest Way, FL508 Forest Way, FL
Stellar MLS
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$589,000

508 Forest Way

Longboat Key, FL 34228

Listing updated: August 12, 2026 at 2:50 PM ET

Active
Stellar MLSListing courtesy of Keller Williams Island Life Real Estate · Kevin Hanley · MLS #N6144572 · Active · 941-254-6467
2
Beds
3
Baths
1,440
Sq Ft
0
Acres
1990
Built
$409/sqft360° tour
Townhouse

Property type

1990

Year built

$409

Price / sq ft

$945/mo

HOA dues

5

Days on market

1

Garage space

AE

Flood zone

About this home

There is a certain ease to life on Longboat Key, where mornings can begin with a walk to the beach, afternoons unfold by the pool or on the tennis court, and dinner beside the water is never far from home. Set within Cedars East at Cedars Tennis Resort & Club, this beautifully maintained three-level townhome offers a refined way to experience one of Florida’s most desirable barrier-island lifestyles. Natural light is one of the first things you notice. An abundance of windows fills the home with sunshine, creating a bright, calm, and serene atmosphere that feels perfectly suited to its coastal surroundings. New luxury vinyl plank flooring extends through the entry and main living level, giving the home a fresh, cohesive look, while carpeting along the staircase and throughout the third-floor bedroom level adds warmth and comfort to the private spaces. The second floor brings the kitchen, dining, and living areas together in an easy, welcoming flow designed for relaxed everyday living and effortless entertaining. Just beyond the living room, the screened balcony creates a peaceful outdoor retreat for morning coffee, casual dining, quiet reading, or unwinding at the end of the day. A convenient half bath completes this level. Upstairs, the primary suite offers a private ensuite bath with dual sinks and a comfortable sense of separation from the main living areas. The second bedroom features a walk-in closet and is positioned near the full guest bath and upstairs laundry closet. The washer and dryer are approximately three months old and are included with the home. Thoughtful improvements add both style and confidence, including a roof replaced in 2024, a 2024 HVAC system serviced in April 2026, updated interior paint, refreshed flooring, newer toilets, faucets, light fixtures and vents, and a new garage door. Garage parking adds welcome convenience along with room for bicycles, beach equipment, and additional storage. Life at Cedars Tennis Resort & Club is centered around the outdoors and the relaxed sophistication of Longboat Key. Enjoy tennis and pickleball, spend the afternoon by the heated community pool, stay active in the fitness facilities, or gather for a meal without leaving the neighborhood. Nearby beach access makes Gulf days easy to enjoy, while waterfront restaurants, island cafés, marinas, biking routes, and the natural beauty of Longboat Key are all close at hand. For buyers considering investment potential, the property has a strong short-term rental history and is already heavily booked from December through June 2027, offering the advantage of established demand and reservations already in place. All rentals remain subject to current association rules, approval requirements, and the terms of existing reservations. From fresh seafood and sunset dinners to quiet mornings near the shore, this location places the best of Longboat Key within easy reach. St. Armands Circle, Anna Maria Island, and the cultural attractions of Sarasota are also nearby, allowing you to enjoy the island’s peaceful atmosphere without feeling removed from everything the area has to offer. Whether envisioned as a full-time residence, seasonal retreat, or income-producing coastal getaway, this is an opportunity to enjoy thoughtful updates, abundant natural light, resort-inspired amenities, garage parking, and the unmistakable lifestyle of Longboat Key. ¤ Please see 3D Tour and Video ¤

Estimated monthly payment

Principal & interest$2,978
Property taxes$291
Home insurance (est.)$270
HOA dues$945

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history5 days on market

  1. Status: Active
    Aug 7, 2026
  2. Listed$589,000
    Aug 7, 2026
  3. Price increased$589,000

Facts & features

Property type
Residential
Sub type
Townhouse
Status
Active
Days on market
5
Subdivision
Cedars East Sec 2
County
Manatee
Year built
1990
Living area
1,440 sq ft
Price/sq ft
$409
Building area
2,268 sq ft (Public Records)
Lot size
0 sq ft
Lot category
Non-Applicable
Flood zone
AE
Garage
1 spaces
Annual taxes
$3,494 (2025)
Parcel #
7927304456
Zoning
R3MXPC
MLS #
N6144572

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Interior Details

Bedrooms
2
Full bathrooms
2
Half bathrooms
1
Flooring
Carpet, Luxury Vinyl, Tile
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Laundry
Inside, Laundry Closet, Upper Level
Stories / Levels
Three Or More
Direction faces
Northwest

Heating & Cooling

Heating
Electric
Cooling
Central Air

Parking

Garage spaces
1
Attached garage
Yes
Parking features
Garage Door Opener, Ground Level, Guest, Basement

HOA & Financial

HOA fee
$2,836 / Quarterly
Monthly HOA
$945/mo
Total monthly fees
$945/mo
Total annual fees
$11,344
HOA name
Coastal Association Management
CDD
No
Min lease term
2 Weeks
Listing terms
Cash, Conventional, FHA, VA Loan
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No
Additional lease restrictions
Please see local county ordinances for additional information.
Approval process
Please see local county ordinances for additional information.

Exterior & Construction

Exterior features
Balcony, Garden, Lighting, Rain Gutters, Sidewalk, Sliding Doors
Construction materials
Frame
Roof
Shingle
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Available, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected

Community

Pets allowed
Yes

Room Details

RoomLevelDimensions
Living RoomSecond
Dining RoomSecond
KitchenSecond
Primary BedroomThird
Primary BathroomThird
Bedroom 2Third
Bathroom 2Third
Balcony/Porch/LanaiSecond

Listing Details

Listing date
2026-05-29
On market date
2026-08-07
Original list price
$589,000
Occupant type
Vacant
MLS area
34228 - Longboat Key
Listing AOR
Venice
Status changed
2026-08-07
Tax legal description
UNIT 3, SECTION TWO CEDARS EAST CONDO PI#79273.0445/6

Flood risk

High riskFEMA Zone AE

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Turn left onto N. Tamiami Trail. Use any lane to turn slightly left onto S. Tamiami Trail. Slight left onto Mound St/S Tamiami Trl. Keep right to continue toward Gulfstream Ave. At the traffic circle, take the 2nd exit onto Gulfstream Ave. Exit the traffic circle onto Gulfstream Ave. At St. Armands Cir, take the 1st exit onto N. Boulevard of the Presidents. Turn right onto Companion Way. Turn left onto Forest Way.

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Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of August 12, 2026 at 2:50 PM ET. 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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