531 Edlee Ln, Longboat Key, FL 34228
$699,000
Reduced By $200,000
last change 6/3/2025
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Home Description
Now Offered at $699,000 | Massive Price Drop | Investor & Builder Opportunity – Sellers Say SELL!
Welcome to 531 Edlee Lane—now $200,000 below original list price, this is one of the best values on Longboat Key and ideal for builders or investors seeking a quick-close opportunity. Located on a private street with no HOA, just a 4-minute walk to the beach, this property offers the rare flexibility to restore the existing structure or tear down and build new in an exclusive coastal setting.
Already in place is a brand-new $120,000 gunite saltwater pool and spa, paired with a hurricane-rated enclosure and new filtration system—delivering a fully completed luxury outdoor living space—ready to incorporate into the updated home or future build. Roof is 2019.
Enjoy deeded boat launch access to Sarasota Bay, generous lot dimensions at .28 acres, and a quiet neighborhood surrounded by custom homes.
Property is priced to reflect current market conditions. Sellers are seeking strong offers with preference for a clean, cash closing.
- Elementary School: Anna Maria Elementary
- Middle School: Martha B. King Middle
- High School: Bayshore High
- Private Pool: True
- Pool Features: Gunite,Heated,In Ground,Lighting,Screen Enclosure
- Spa Features: Heated,In Ground
- Water Feet: 0
- Water Extras: Boat Ramp - Private
- Water Access: Bay/Harbor,Beach
- Interior Features: Ninguno
- Appliances: None
- Floor Covering: Ceramic Tile
- Architectural Style: Coastal,Florida
- Exterior Features: Outdoor Shower
- Exterior Contruction: Block
- Foundation: Block
- Front Exposure: South
- Roof: Shingle
- Building Sqft: 1241
Available now at $699,000
Approximate Room Sizes / Descriptions
| Kitchen | | First | |
| Living Room | | First | |
| Primary Bathroom | | First | |
| Primary Bedroom | | First | |
- Garage: False
- Garage Spaces: 0
- Carport: True
- Carport Spaces: 2
- Air Conditioning: None
- Heating: None
- Utilities: Cable Available,Electricity Connected,Sewer Available,Water Available
- Lot Sqft: 12258.00
- Lot Acres: 0.2800
- Total Acre: 0 to less than 1/4
- Lot Num: 15A
- Style: Single Family Residence
- Location: FloodZone,Level,Private,Street Dead-End,Unpaved
Neighborhood
The average asking price of a 3 bedroom Longboat Key home in this zip code is
$2,054,946 (194.0% more than this home).
This home is priced at $563/sqft,
which is 71.5% less than similar homes
in the 34228 zip code.
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Financial
- Approx Payment:$3,400*
- Taxes:$3,925
Area Stats
These statistics are updated daily from the My Florida Regional MLS. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(813) 452-4165 and speak with one of our real estate consultants.
Popular Homes
$3,744,608
$2,995,000
78
0.0%
51.3%
120
$737,376
$599,000
1629
0.7%
59.1%
91
$3,525,276
$2,999,000
29
0.0%
62.1%
150
$1,445,270
$1,544,500
20
0.0%
45.0%
101
$580,634
$535,000
59
1.7%
59.3%
71
$668,524
$472,000
594
1.2%
61.3%
117
$2,810,467
$1,850,000
126
0.0%
55.6%
108
$973,267
$713,000
435
0.0%
65.7%
108
$1,405,222
$975,000
41
0.0%
51.2%
114
$1,062,751
$599,000
414
0.5%
70.0%
119
$380,361
$355,000
1101
1.2%
60.9%
127
$1,557,695
$1,000,000
79
1.3%
46.8%
106
$575,343
$413,500
410
1.5%
63.2%
81
$508,785
$439,495
968
0.7%
60.6%
90
$1,426,138
$749,000
2056
0.3%
59.3%
100
$1,517,993
$1,072,500
14
7.1%
71.4%
120
$586,079
$499,000
1021
0.4%
68.9%
117
Listing Courtesy of COLDWELL BANKER REALTY.
For information or to schedule a viewing of this property (MLS# A4637426), call: 813-452-4165
531 Edlee Ln, Longboat Key FL is a single family home of 1241 sqft and
is currently priced at $699,000
.
This single family home has 3 bedrooms.
A comparable home for sale at 780 Tarawitt Dr in Longboat Key is listed at $900,000.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Longboat Key, FL.
Whitney Beach, Seaplace and Longboat Arms are nearby neighborhoods.
MLS A4637426 has been posted on this site since 1/24/2025 (today).
2025
6/15/2025.