Skip to main content
1 / 43

$574,900

508 FOREST WAY, LONGBOAT KEY, FL 34228

3D Tour
Active34 days on market

Beds

2

Baths

3

Sq Ft

1,440 sq ft

Year Built

1990

Lot Size

Garage

1

About This Property

NEW AND IMPROVED PRICE! 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 ¤

Property Overview

Property TypeResidential
Sub TypeTownhouse
MLS #N6144572
StatusActive
Year Built1990
Stories3
Total Rooms8
ConstructionWood Frame (FSC Certified)
RoofShingle
FoundationSlab
FacesNorthwest
SubdivisionCEDARS EAST SEC 2
CountyManatee
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
FlooringCarpet, Luxury Vinyl, Tile
AppliancesDishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
LaundryInside, Laundry Closet, Upper Level
WindowsBlinds, Drapes, Window Treatments
CoolingCentral Air
HeatingElectric
SecuritySmoke Detector(s)

Exterior & Lot

ExteriorBalcony, Garden, Irrigation System, Lighting, Rain Gutters, Sidewalk, Sliding Doors
Lot FeaturesCul-De-Sac, Flood Insurance Required, FloodZone, City Lot, In County, Landscaped, Level, Near Public Transit, Sidewalk
Road SurfacePaved, Asphalt
ViewGarden, Trees/Woods
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Electricity Connected, Sewer Connected, Street Lights, Underground Utilities, Water Connected

Parking

GarageYes (1 spaces)

HOA & Community

HOAYes
HOA Fee$2,836 / Quarterly
Senior CommunityNo

Financial Details

List Price$574,900
Original Price$589,000
Annual Taxes$3,494 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningR3MXPC
Parcel #7927304456

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.

Location

508 FOREST WAY, LONGBOAT KEY, FL 34228

Listing Information

OfficeKELLER WILLIAMS ISLAND LIFE REAL ESTATE
ListedAugust 7, 2026

Schedule a Tour

Pick a Day

Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$574,900

20% ($114,980)
6.75%

Loan Term

Principal & Interest$2,983
Property Tax (est.)$527
Insurance (est.)$150
Total Monthly$3,660
Full Calculator →

How to Buy This Home

Multiple financing options available for this $574,900 home in LONGBOAT KEY.

🏛️

FHA Loan

$20,122 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$28,745 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.

More Homes in Longboat Key

More Homes in Longboat Key

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 10, 2026.

Call (813) 733-7907TextContact