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
$2,046,647 (192.8% more than this home).
This home is priced at $563/sqft,
which is 70.5% 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
(407) 252-3959 and speak with one of our real estate consultants.
Popular Homes
$3,833,454
$2,997,500
78
0.0%
46.2%
114
$737,555
$599,000
1625
0.6%
58.3%
91
$3,517,830
$2,999,000
30
0.0%
63.3%
144
$1,433,178
$1,499,000
19
0.0%
47.4%
95
$560,723
$524,500
52
1.9%
65.4%
75
$664,427
$469,000
625
1.0%
61.6%
112
$2,825,523
$1,850,000
127
0.0%
56.7%
102
$974,845
$699,000
437
0.0%
66.6%
109
$1,532,331
$1,150,000
35
0.0%
57.1%
122
$1,080,761
$599,000
400
0.2%
70.0%
122
$381,148
$359,000
1097
1.0%
61.0%
126
$1,624,801
$1,000,000
75
1.3%
50.7%
104
$573,290
$415,000
409
1.0%
64.3%
80
$509,594
$444,000
961
0.7%
60.8%
92
$1,427,302
$749,900
2063
0.3%
59.0%
98
$1,522,244
$1,072,500
16
6.2%
68.8%
108
$587,099
$498,000
1041
0.5%
68.0%
112
Listing Courtesy of COLDWELL BANKER REALTY.
For information or to schedule a viewing of this property (MLS# A4637426), call: 407-252-3959
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 710 Fox St in Longboat Key is listed at $495,000.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Longboat Key, FL.
Seaplace, Whitney Beach and Longboat Arms are nearby neighborhoods.
MLS A4637426 has been posted on this site since 1/24/2025 (today).
2025
6/4/2025.