531 EDLEE LN

531 Edlee Lane, Longboat Key, FL – Offered at $899,000 Prime Coastal Property with New Luxury Pool & Spa – Restore or Build New Located on one of the few privately owned streets in Longboat Key, this property presents a unique opportunity to either restore the existing home or build a brand-new residence in a highly desirable coastal setting. While the home sustained damage during Hurricane Helene, the Town of Longboat Key has confirmed that it can be restored, allowing buyers the flexibility to renovate or start fresh. One of the most valuable features of this property is the brand-new $120,000 inground gunite swimming pool and spa, completed just before the storm. The hurricane-resilient cage remained fully intact, and the entire filtration system has been replaced, ensuring that the pool and spa are in pristine condition and ready for immediate use. Positioned just steps from the beach and offering deeded access to a private boat launch on Sarasota Bay, this property is ideally located for those seeking the ultimate coastal lifestyle. Surrounded by custom luxury homes, it offers generous lot dimensions, making it well-suited for a full-scale renovation or a completely new build. For those looking for even more space and investment potential, the adjacent property at 541 Edlee Lane (MLS #A4637254) is also available for purchase, offering the rare chance to own over half an acre of land in this exclusive and tranquil neighborhood. This is an incredible opportunity to own property in one of Longboat Key’s most sought-after locations, with the flexibility to restore, rebuild, or expand. Owner's are motivated!

MLS ID#

MFRA4637426

Price

$899,000

Status

Active

Bedrooms

3

Bathrooms

2

Full Baths

2

Half Baths

0

Square Footage

1,241 sqft

Acres

0.2800

Year Built

1963

Type

Residential

Subtype

Single Family Residence

Style

Florida, Coastal

Address

531 EDLEE LN

Subdivision

Sleepy Lagoon

City

Longboat Key

County

Manatee

State

FL

Zip Code

34228

Senior Community

No

Amenities

N/A

Parking

N/A

View

No

Waterfront

No

Pool

Yes

Interior Features

Ninguno

Heating

None

Cooling

None

Flooring

Ceramic Tile

Fireplace

N/A

Stories

N/A

Appliances

None

Exterior Features

Outdoor Shower

Construction

Block

Foundation

Block

Roof

Shingle

Fencing

Fenced

Lot Features

Private, Street Dead-End, Level, FloodZone, Unpaved

Elementary

Anna Maria Elementary

Middle

Martha B King Middle

High

Bayshore High

Date Listed

January 24, 2025

Days on Market

19

Zoning

R3SF

Direction Faces

South

New Construction

No