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$639,000

539 FOREST WAY UNIT 539, LONGBOAT KEY, FL 34228

3D Tour
Active1 days on market

Beds

2

Baths

3

Sq Ft

1,440 sq ft

Year Built

1990

Lot Size

—

Garage

1

About This Property

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.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #A4706129
StatusActive
Year Built1990
Stories3
Total Rooms7
ConstructionBlock, Cement Siding, Wood Frame
RoofShingle
FoundationSlab
FacesWest
SubdivisionCEDARS EAST SEC 2
CountyManatee
OwnershipCondominium
FurnishedFurnished

Interior Features

InteriorCeiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Window Treatments
FlooringLuxury Vinyl, Porcelain Tile
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
LaundryUpper Level
WindowsBlinds
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorBalcony, Irrigation System, Lighting, Rain Gutters, Sliding Doors
Lot FeaturesCul-De-Sac, Landscaped, Level, Street Dead-End
Road SurfacePaved, Asphalt
ViewTennis Court, Trees/Woods
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected

Parking

GarageYes (1 spaces)

HOA & Community

HOAYes
Senior CommunityNo

Financial Details

List Price$639,000
Annual Taxes$3,954 (2025)
FinancingCash, Conventional
ZoningR3MX/PC
Parcel #7927305453

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.

Location

539 FOREST WAY UNIT 539, LONGBOAT KEY, FL 34228

Listing Information

OfficePREMIER SOTHEBY'S INTERNATIONAL REALTY
ListedSeptember 23, 2026

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Home Price

$639,000

20% ($127,800)
6.75%

Loan Term

Principal & Interest$3,316
Property Tax (est.)$586
Insurance (est.)$150
Total Monthly$4,051
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How to Buy This Home

Multiple financing options available for this $639,000 home in LONGBOAT KEY.

🏦

Conventional

$31,950 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Manatee County SHIP

Varies

Income-qualifying Manatee residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: September 24, 2026.

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