Land - Real Estate in Longboat Key
Listing Price: $750,000
Description of Property
Land Opportunity with Brand-New $120,000 Pool & Spa | Now Offered at $750,000 (total price improvement of $149,000) Rarely does a land opportunity like this become available on one of the few privately owned streets in Longboat Key. Welcome to 531 Edlee Lane—a prime coastal lot just steps from the beach, now offered at $750,000, and already improved with a brand-new $120,000 gunite saltwater swimming pool and spa, complete with a hurricane-rated cage and new filtration system. While the existing home was damaged in Hurricane Helene, the Town of Longboat Key has confirmed it can be restored, giving buyers the flexibility to either renovate the current structure or tear down and build new. The value here is in the land and the incredible outdoor living space that has already been created. The property also includes deeded access to a private boat launch on Sarasota Bay, making it an ideal location for water lovers and boating enthusiasts. Surrounded by custom homes and located in a quiet, upscale neighborhood, 531 Edlee Lane offers the ideal foundation for a new coastal residence with a move-in-ready luxury pool already in place. This is a truly unique opportunity to build your dream home in one of Longboat Key’s most desirable and exclusive enclaves—with a major head start already completed. Sellers say SELL!




























Property Details At A Glance
Property Type: Land
City: Longboat Key
County: Manatee
Subdivision: Sleepy Lagoon
Annual Tax: $3,925
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Schools
Elementary School: Anna Maria Elementary
Middle/Junior High School: Martha B. King Middle
High School: Bayshore High
Waterfront Info
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Water Access: Yes
Water Access Type: Bay/Harbor, Intracoastal Waterway
Water View:
Exterior & Construction
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Fencing: Fenced
Utilities:
- Cable Available
- Electricity Available
- Public
- Sewer Available
- Water Available
Sewer: Public Sewer
Water Source: Public
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Lot Information
Lot Features:
- Buildable
- Cul-De-Sac
- Level
Lot Size (acres): 0.28
Lot Size (sq. ft.): 12,258 square feet
Lot Dimensions: 100 x 122.58
Road Frontage: Private Road, Street Unpaved
Front Exposure: South
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Parcel Number: 7839800005
Zoning: R3SF
Tax Legal Desc.: PART OF LOTS 14A & 15A, SLEEPY LAGOON SUB, MORE PARTICULARLY DESC AS FOL; BEG AT THE NW COR OF LOT 15A, SLEEPY LAGOON SUB; THENCE RUN E A DIST OF 392.66 FT FOR A POB, THENCE CONT E A DIST OF 100 FT; THENCE RUN S A DIST OF 122.58 FT; TH RUN W A DIST O F 100 FT; THENCE RUN N A DIST OF 122.58 FT TO THE POB; SUBJ TO AN EASMT FOR AN ACCESS RD, BEING THE S 22.58 FT OF
Section: 23
Range: 16
Listing courtesy of COLDWELL BANKER REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.