508 FOREST WAY 508 Longboat Key, FL $ 589,000
508 FOREST WAY 508
$ 589,000
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508 FOREST WAY 508

Longboat Key, FL, 34228
$ 589,000
Bedrooms2 Baths2.1 Sq 1,440

Monthly Estimate*

$ 3,719

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Townhouse for sale in Longboat Key, FL

for $589,000 with 2 bedrooms and 2 full baths, 1 half bath. This 1,440 square foot townhouse was built in 1990.

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 ¤

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Townhouse Active

Price

$ 589,000

Bedrooms

2

Full Bath

2

Half Bath

1

Property Type

Townhouse

Taxes

$ 349,400

Style

Florida

Year Built

1990

Town/City

Longboat Key

County/Region

Manatee

MLS | Web ID

N6144572

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Cable Available Electricity Connected Sewer Connected Street Lights Underground Utilities Water Connected
Roof Shingle
Appliances Dishwasher Disposal Dryer Microwave Range Refrigerator Washer
Zoning R3MXPC
HOA Fee 2836
Garage Spaces 1
Association Fee Includes Common Area Taxes Community Pool Escrow Reserves Fund Pest Control Recreational Facilities Sewer Trash Water
Patio/Porch Features Covered Enclosed Rear Porch Screened
Architectural Style Florida
Security Features Smoke Detector(s)
Construction Materials Wood Frame (FSC Certified)
Pets Allowed Yes
Year Built 1990
View Garden Trees/Woods
Levels Three Or More
Unit Number 508
Property Subtype Townhouse
Tax Year 2025
Ownership Fee Simple
Waterfront Features Bay/Harbor Front Waterfront
Community Features Bay/Harbor Front Waterfront Clubhouse Deed Restrictions Fitness Center Pool Sidewalks Tennis Court(s)
Assoc Fee Paid Per Quarterly
County Manatee
New Construction false
Property Type Residential
Association Amenities Clubhouse Fitness Center Maintenance Pickleball Court(s) Pool Recreation Facilities Tennis Court(s)
Attached Garage true
Subdivision Name CEDARS EAST SEC 2
Facing Direction Northwest
Garage Y/N true
Total Rooms 8
Full Baths 2
Status Active
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.
City LONGBOAT KEY
Association Name Coastal Association Management
Senior Community Y/N false
MLS Area 34228 - Longboat Key
Lot Size Square Feet 0
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Land Lease Y/N false
Tax Annual Amount 349400
Home Warranty Y/N false
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://my.matterport.com/show/?m=RV7qQB3E52L
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 3
Legal Description UNIT 3 SECTION TWO CEDARS EAST CONDO PI#79273.0445/6
Minimum Lease 2 Weeks
Water Access Y/N false
Monthly HOA Amount 945.33
Water View Y/N false
Flood Zone Code AE
In Law Suite YN false
DockY/N false
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Interior
Interior Amenities Ceiling Fan(s) Living Room/Dining Room Combo Open Floorplan PrimaryBedroom Upstairs Split Bedroom Thermostat Walk-In Closet(s) Window Treatments
Flooring Carpet Luxury Vinyl Tile
Furnished Y/N Unfurnished
Total Stories 3
Common Walls End Unit
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Drapes Window Treatments
Fireplace Y/N false
Half Baths 1
Laundry Features Inside Laundry Closet Upper Level
Total Bedrooms 2
Total Baths 3
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Exterior
Exterior Amenities Balcony Garden Irrigation System Lighting Rain Gutters Sidewalk Sliding Doors
Vegetation Mature Landscaping Trees/Landscaped
Parking Features Garage Door Opener Ground Level Guest Under Building
Lot Features Cul-De-Sac Flood Insurance Required FloodZone City Lot In County Landscaped Level Near Public Transit Sidewalk
Water Source Public
Foundation Details Slab
Spa false
Building Area Total 2268
Lot Size Acres 0
Road Surface Type Paved Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 1
Road Frontage Type Street Paved
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* Excluded Features
List By
Keller Williams Island Life Real Estate

Broker

KevinHanley@hanleyhomesgroup.com

Email

Affordability Calculator

$32,836
Per Month
11%
89%
0%
Monthly Principal & Interest
$3,719
Monthly Property Taxes
$29,117
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/7/2026$589,000 Listed Price

Map


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508 FOREST WAY 508, Longboat Key, FL, 34228 is a Townhouse for sale at $589,000 with 1,440 sqft. 508 FOREST WAY 508 has 2 bedrooms, 2.1 baths, and was built in 1990. The property's zip code is 34228 which is in Longboat Key, FL