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Off market
  • $476,700

    505 Forest Way, Longboat Key, FL 34228

    2beds
    1,440sqft
    Condo
    Built in 1990
    -- sqft lot
    $476,700 Zestimate®
    $331/sqft
    $5,409 Estimated rent

    Home value

    $476,700

    $419,000 - $539,000

    $5,409/mo

    Zestimate® history
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    What's special

    Longboat Key's best value won't last long! Beautifully renovated, this light and bright open-plan townhome features new, high-impact thermal windows and new HardiePlank siding. 2 bedroom, 2 +1/2 bath turn-key furnished. New roof 2014, A/C 2013, appliances, paint, flooring, master bath tile, windows, siding are all new within the last 2 years! Investor Alert! Lease 26 times per year with the lowest condo fees on the Key - 622. Mo. On-site Management, high-demand, high-income vacation rentals already in-place. Stroll along the beach, kayak on the Bay, fish at your dock, swim long laps in the heated, Jr. Olympic-size swimming pool. A pet-friendly community with free bike sharing and 66 acres of nature trails. The over-sized garage has room for a car and kayaks, beach gear, surfboards, fishing tackle and all the toys. Join-in-the-fun if you'd like at the vibrant, active, Cedars Tennis Resort & Club featuring a Cafe and Tiki Bar, 10 tennis courts, full time tennis-pro, planned events & pro shop. The beach, free bike sign-outs, nature-trails, fishing dock, picnic area and heated swimming pool are all included.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Other, Electric
    Cooling
    • Central
    Appliances
    • Laundry: Inside, Upper Floor
    Features
    • Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Split Bedroom, Window Treatments, Open Floorplan, Kitchen/Family Room Combo
    • Flooring: Tile
    • Windows: Blinds
    • Has fireplace: No
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 1,440 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Levels: One
    • Patio & porch: Covered, Screened
    • Exterior features: Stone, Wood
    • Pool features: Heated, In Ground
    • Spa features: In Ground
    Lot
    • Size: 435 sqft
    • Features: Conservation Area
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Parcel number: 7927304605
    • Zoning: R3MX/PC

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Florida
    Materials
    • masonry
    • Roof: Asphalt
    Condition
    • Completed
    • Year built: 1990

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Street Lights, Sewer Connected
    Green energy
    • Energy efficient items: Windows, HVAC
    • Indoor air quality: Ventilation

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Longboat Key
    • Subdivision: CEDARS EAST SEC TWO CONDOMI

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $815 monthly
    • Services included: Cable TV, Maintenance Grounds, Escrow Reserves Fund, Community Pool, Manager, Pool Maintenance

    Other

    Other facts
    • Additional Rooms: Inside Utility, Great Room
    • Appliances: Dishwasher, Dryer, Electric Water Heater, Washer, Cooktop, Disposal, Microwave, Range, Built-In Oven
    • Association Fee Frequency: Quarterly
    • Association Fee Includes: Cable TV, Maintenance Grounds, Escrow Reserves Fund, Community Pool, Manager, Pool Maintenance
    • Building Area Source: Public Records
    • Community Features: Deed Restrictions, Buyer Approval Required, Pool, Fishing
    • Construction Materials: Block, Stucco, Cement Siding
    • Cooling: Central Air
    • Direction Faces: West
    • Flooring: Ceramic Tile
    • Foundation Details: Slab, Stilt/On Piling
    • Heating: Electric
    • Interior Features: Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Split Bedroom, Window Treatments, Open Floorplan, Kitchen/Family Room Combo
    • Architectural Style: Florida
    • Laundry Features: Inside, Upper Floor
    • Levels: One
    • Vegetation: Mature Landscaping, Trees/Landscaped
    • Parking Features: Garage Door Opener, Guest, Driveway, Under Building
    • Patio And Porch Features: Covered, Screened
    • Floor Number: 2
    • Roof: Shingle
    • Furnished: Furnished
    • Pets Allowed: Yes
    • Property Type: Residential
    • Number Of Pets: 2
    • Security Features: Smoke Detector(s)
    • Pet Size: Small (16-35 Lbs.)
    • Pool Features: Heated, In Ground
    • Utilities: Cable Connected, Electricity Connected, Street Lights, Sewer Connected
    • Exterior Features: Lighting, Tennis Court(s)
    • Total Acreage: Non-Applicable
    • View: Trees/Woods
    • Water Access: Beach - Public
    • Window Features: Blinds
    • Green Landscaping: Fl. Friendly/Native Landscape
    • Condo Fees Term: Quarterly
    • Water Extras: Fishing Pier, Dock - Open
    • Green Energy Efficient: Windows, HVAC
    • Green Indoor Air Quality: Ventilation
    • Lot Features: Conservation Area
    • Minimum Lease: 2 Weeks
    • Additional Parcels YN: 0
    • Available For Lease YN: 1
    • Fireplace YN: 0
    • Pool Private YN: 0
    • Tax Year: 2017
    • Waterfront Feet Total: 0
    • Waterfront YN: 0
    • Water View YN: 0
    • Flood Zone Code: AE
    • Water Access YN: 1
    • Water Extras YN: 1
    • Association Approval Required YN: 1
    • Zoning Compatible YN: 1
    • Building Elevator YN: 0
    • Condo Land Included YN: 1
    • Stories Total: 2
    • Public Survey Range: 16
    • Public Survey Section: 26
    • Flood Zone Date: 2014-03-17T00:00:00.000
    • Room Count: 4
    • Year Built: 1990
    • Approval Process: Application
    • Living Area: 1440.00
    • Max Pet Weight: 30
    • Building Name Number: 505
    • Flood Zone Panel: 12081C0291E
    • Additional Lease Restrictions: 2 week minimum, 26 times per year.
    • Tax Annual Amount: 3542
    • Monthly Condo Fee Amount: 622
    • Building Area Total: 1733.00
    • Zoning: R3MX/PC
    • DPRYN: 1
    • Attached Garage YN: 1
    • Garage YN: 1
    • New Construction YN: 0
    • Condo Fees: 1866
    • Property Condition: Completed
    • Spa Features: In Ground
    • Water Source: Public
    • Sewer: Public Sewer
    • Homestead YN: 0
    • Exist Lse Tenant YN: 1
    • Num Timesper Year: 26
    • Lease Restrictions YN: 1
    • Association Name: Lighthouse Property Management
    • Subdivision Name: CEDARS EAST SEC TWO CONDOMI
    • Amenities Additional Fees: Optional Tennis and Fitness Club available for $2, 189 annual fee.

    Price history

    DateEventPrice
    7/11/2022Sold$679,000+113.5%$472/sqft
    Source: Public Record Report a problem
    3/7/2019Sold$318,000-0.6%$221/sqft
    Source: Public Record Report a problem
    1/24/2019Listed for sale$319,900$222/sqft
    Source: SARASOTA BEACH TO BAY INC #A4423350 Report a problem
    1/24/2019Pending sale$319,900$222/sqft
    Source: SARASOTA BEACH TO BAY INC #A4423350 Report a problem
    1/9/2019Listed for sale$319,900+29%$222/sqft
    Source: SARASOTA BEACH TO BAY INC #A4423350 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,441 +4.8%$552,500 +7.4%
    2023$8,054 +52.1%$514,250 +70%
    2022$5,296 +14.1%$302,500 +10%

    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $476,700

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    Estimated market value

    $476,700