508 Forest Way Unit 508Longboat Key, FL 34228

Description

NEW AND IMPROVED PRICE! There is a certain ease to life on Longboat Key, where mornings can begin with a walk to the beach, afternoons unfold by the pool or on the tennis court, and dinner beside the water is never far from home. Set within Cedars East at Cedars Tennis Resort & Club, this beautifully maintained three-level townhome offers a refined way to experience one of Florida’s most desirable barrier-island lifestyles. Natural light is one of the first things you notice. An abundance of windows fills the home with sunshine, creating a bright, calm, and serene atmosphere that feels perfectly suited to its coastal surroundings. New luxury vinyl plank flooring extends through the entry and main living level, giving the home a fresh, cohesive look, while carpeting along the staircase and throughout the third-floor bedroom level adds warmth and comfort to the private spaces. The second floor brings the kitchen, dining, and living areas together in an easy, welcoming flow designed for relaxed everyday living and effortless entertaining. Just beyond the living room, the screened balcony creates a peaceful outdoor retreat for morning coffee, casual dining, quiet reading, or unwinding at the end of the day. A convenient half bath completes this level. Upstairs, the primary suite offers a private ensuite bath with dual sinks and a comfortable sense of separation from the main living areas. The second bedroom features a walk-in closet and is positioned near the full guest bath and upstairs laundry closet. The washer and dryer are approximately three months old and are included with the home. Thoughtful improvements add both style and confidence, including a roof replaced in 2024, a 2024 HVAC system serviced in April 2026, updated interior paint, refreshed flooring, newer toilets, faucets, light fixtures and vents, and a new garage door. Garage parking adds welcome convenience along with room for bicycles, beach equipment, and additional storage. Life at Cedars Tennis Resort & Club is centered around the outdoors and the relaxed sophistication of Longboat Key. Enjoy tennis and pickleball, spend the afternoon by the heated community pool, stay active in the fitness facilities, or gather for a meal without leaving the neighborhood. Nearby beach access makes Gulf days easy to enjoy, while waterfront restaurants, island cafés, marinas, biking routes, and the natural beauty of Longboat Key are all close at hand. For buyers considering investment potential, the property has a strong short-term rental history and is already heavily booked from December through June 2027, offering the advantage of established demand and reservations already in place. All rentals remain subject to current association rules, approval requirements, and the terms of existing reservations. From fresh seafood and sunset dinners to quiet mornings near the shore, this location places the best of Longboat Key within easy reach. St. Armands Circle, Anna Maria Island, and the cultural attractions of Sarasota are also nearby, allowing you to enjoy the island’s peaceful atmosphere without feeling removed from everything the area has to offer. Whether envisioned as a full-time residence, seasonal retreat, or income-producing coastal getaway, this is an opportunity to enjoy thoughtful updates, abundant natural light, resort-inspired amenities, garage parking, and the unmistakable lifestyle of Longboat Key. ¤ Please see 3D Tour and Video ¤

Property Information

Property type

Residential

Sub-type

Townhouse

Style

Florida

Year built

1990

Stories

3

Living area

1,440 Sq Ft

Garage spaces

1

Ownership

Fee Simple

Zoning

R3MXPC

Days on market

65

MLS^® Listing#

N6144572

Property Features

Interior

Elevator · Open Floorplan · Walk-In Closet(s)

Exterior

Balcony · Garden · Lighting · Rain Gutters

Appliances

Dishwasher · Disposal · Dryer · Microwave · Range · Refrigerator · Washer

Cooling

Central Air

Heating

Electric

Flooring

Carpet · Tile

Parking

Garage Door Opener · Guest · Basement · Attached

Laundry

Inside · Laundry Closet · Upper Level

Patio

Covered · Enclosed · Rear Porch · Screened

Lot features

Cul-De-Sac · Landscaped · Level · Near Public Transit · Paved

Construction

Frame

Foundation

Slab

Roof

Shingle

Windows

Window Coverings · Blinds · Drapes · Window Treatments

Security

Smoke Detector(s)

Community

Clubhouse · Fitness Center · Pool · Sidewalks · Tennis Court(s) · Street Lights

Utilities

Cable Available · Electricity Connected · Sewer Connected · Underground Utilities · Water Connected

Sewer

Public Sewer

Water source

Public

Rooms

Financial Details

HOA

$2,836 / QuarterlyAssociation: Coastal Association Management

Annual taxes

$3,494Tax year 2025

Parcel number

7927304456

Directions

Turn left onto N. Tamiami Trail. Use any lane to turn slightly left onto S. Tamiami Trail. Slight left onto Mound St/S Tamiami Trl. Keep right to continue toward Gulfstream Ave. At the traffic circle, take the 2nd exit onto Gulfstream Ave. Exit the traffic circle onto Gulfstream Ave. At St. Armands Cir, take the 1st exit onto N. Boulevard of the Presidents. Turn right onto Companion Way. Turn left onto Forest Way.