539 Forest Way, FL
Stellar MLS
1 / 1

$639,000

539 Forest WayLongboat Key, FL 34228

Listing updated: September 24, 2026 at 11:29 AM ET

Active
Stellar MLSListing courtesy of Premier Sotheby'S International Realty · Sharon Austin · MLS #A4706129 · Active · 941-383-2500
2
Beds
3
Baths
1,440
Sq Ft
0
Acres
1990
Built
◆Water access◆$444/sqft
Condominium

Property type

1990

Year built

$444

Price / sq ft

No HOA

HOA dues

1

Day on market

1

Garage space

AE

Flood zone

About this home

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 $50,000 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.

Estimated monthly payment

Principal & interest$3,231
Property taxes$330
Home insurance (est.)$293

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 history1 days on market

  1. Status: Active
    Sep 23, 2026
  2. Listed$639,000
    Sep 23, 2026
  3. Price increased$639,000

Property Documents

Documents the listing agent has made public for this property. Free to view and download.

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
1
Subdivision
Cedars East Sec 2
County
Manatee
Year built
1990
Living area
1,440 sq ft
Price/sq ft
$444
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
$3,954 (2025)
Parcel #
7927305453
Zoning
R3MX/PC
MLS #
A4706129

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Interior Details

Bedrooms
2
Full bathrooms
2
Half bathrooms
1
Flooring
Luxury Vinyl, Tile
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Interior features
Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Window Treatments
Laundry
Upper Level
Stories / Levels
Three Or More
Direction faces
West

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Garage spaces
1
Attached garage
Yes
Parking features
Common, Driveway, Garage Door Opener, Ground Level, Guest, Open, Oversized

HOA & Financial

Total monthly fees
$945/mo
Total annual fees
$11,344
HOA name
Coastal Association Management/Bob MacDonald
CDD
No
Min lease term
2 Weeks
Listing terms
Cash, Conventional
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
see Condo docs and management
Approval process
See Condo Docs and Management for Buyer approval form

Exterior & Construction

Exterior features
Balcony, Lighting, Rain Gutters
Construction materials
Block, Cement Siding, Frame
Roof
Shingle
Foundation
Slab
Water access
Yes
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected

Community

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

Room Details

RoomLevelDimensions
Living RoomSecond16x18
Dining RoomSecond13x15
KitchenSecond11x8
Primary BedroomThird13x15
Bathroom 2Third12x14
Balcony/Porch/LanaiSecond7x15
Bathroom 1Third

Listing Details

Listing date
2026-09-14
On market date
2026-09-23
Original list price
$639,000
Occupant type
Vacant
MLS area
34228 - Longboat Key
Listing AOR
Sarasota - Manatee
Status changed
2026-09-23
Tax legal description
UNIT 23, SECTION TWO CEDARS EAST CONDO PI#79273.0545/3

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

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.

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MLS GRID

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 September 24, 2026 at 11:29 AM 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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