


$589,000
508 Forest Way
Longboat Key, FL 34228
Listing updated: August 12, 2026 at 2:50 PM ET
Property type
Year built
Price / sq ft
HOA dues
Days on market
Garage space
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
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
- Status: ActiveAug 7, 2026
- Listed$589,000Aug 7, 2026
- 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
| Room | Level | Dimensions |
|---|---|---|
| Living Room | Second | |
| Dining Room | Second | |
| Kitchen | Second | |
| Primary Bedroom | Third | |
| Primary Bathroom | Third | |
| Bedroom 2 | Third | |
| Bathroom 2 | Third | |
| Balcony/Porch/Lanai | Second |
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
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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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.
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