LONGBOAT KEY, FL 34228 531 EDLEE LANE
$699,000
23 more
Presented By: COLDWELL BANKER REALTY with 941-366-8070. - 941-366-8070
Beds • 3
Baths • 2
SQFT • 1,241
Home Details
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.
Presented By: COLDWELL BANKER REALTY with 941-366-8070. - 941-366-8070
Interior Features for 531 EDLEE LANE
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NNo
Fireplace Y/NNo
Flooringceramic tile
Heating Y/NNo
Interior Amenitiesninguno
Laundry Featuresnone
General for 531 EDLEE LANE
Additional Parcels Y/NNo
Appliancesnone
Architectural Stylecoastal, florida
Building Area Unitssquare feet
Carport Spaces2
Carport Y/NYes
Citylongboat key
Construction Materialsblock
Coolingnone
Countymanatee
Directionsfrom downtown sarasota, take the john ringling causeway west toward st. armands circle. continue straight onto north boulevard of the presidents, crossing over the bridge to longboat key. once on longb
Elementary Schoolanna maria elementary
Facing Directionsouth
Flood Zone Codeae
Full Baths2
Garage Y/NNo
HOANo
Heatingnone
High Schoolbayshore high
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionpart of lots 14a & 15a, sleepy lagoon sub, more particularly desc as fol; beg at the nw cor of lot 15a, sleepy lagoon sub; thence run e a dist of 392.66 ft for a pob, thence cont e a dist of 100 ft; then
Levelsone
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet12258
Lot Size Unitssquare feet
MLS Area34228 - longboat key
Middle/Junior High Schoolmartha b. king middle
Minimum Lease1 month
ModificationTimestamp2025-06-03t17:13:06.890z
New ConstructionNo
Occupancy Typevacant
Ownershipfee simple
Pool Featuresgunite, heated, in ground, lighting, screen enclosure
Property Subtypesingle family residence
Property Typeresidential
Roofshingle
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
Sewerpublic sewer
Spa Featuresheated, in ground
Standard Statusactive
Statusactive
Subdivision Namesleepy lagoon
Tax Annual Amount3925
Tax Lot15a
Tax Year2024
Total Rooms4
Utilitiescable available, electricity connected, sewer available, water available
Viewgarden, trees/woods
Virtual TourClick here
Water Access Typebay/harbor, beach
Water Access Y/NYes
Water View Y/NNo
Year Built1963
Zoningr3sf
Exterior for 531 EDLEE LANE
Building Area Total1241
Covered Spaces2
Exterior Amenitiesoutdoor shower
Fencingfenced
Foundation Detailsblock
Lot Featuresfloodzone, level, street dead-end
Lot Size Acres0.28
Lot Size Area12258
Private PoolYes
Road Frontage Typestreet dead-end, private road, street unpaved
Road Responsibilityprivate maintained road
Road Surface Typeunimproved, gravel
SpaYes
Water Sourcepublic
WaterfrontY/NNo
Additional Details
Price History
Schools
Middle School
Martha B. King Middle
High School
Bayshore High
Elementary School
Anna Maria Elementary
