Land - Real Estate in Longboat Key
Listing Price: $699,000
Description of Property
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. 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. Enjoy deeded boat launch access to Sarasota Bay, generous lot dimensions at .28 acres, 12,258 sq ft lot east of Gulf of Mexico Drive | R-SF4 zoning, 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.
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.
Schools
Elementary School: Anna Maria Elementary
Middle/Junior High School: Martha B. King Middle
High School: Bayshore High
Water Access: Yes
Water Access Type: Intracoastal Waterway
Utilities: Water Available
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Level
Lot Size (acres): 0.28
Lot Size (sq. ft.): 12,258 square feet
Lot Dimensions: 100 x 122.58
Road Frontage: Street Unpaved
Front Exposure: South
Legal Description & Other Information
Financing Available: Conventional
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.
