539 Forest Way #539, photo 1
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Overview

2 bd3 ba1,440 sqft1 car garageTownhouse
TypeTownhouse
Condo dues$945/mo
Built1990
Living area1,440 sqft
Price / sqft$444
Garage1 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)High CeilingsLiving Room/Dining Room ComboOpen FloorplanPrimarybedroom UpstairsSolid Surface CountersSplit BedroomStone Counters

539 Forest Way #539 is a 1990-built home in Cedars East Sec 2, Longboat Key. Inside you'll find 2 bedrooms, 3 bathrooms, and 1,440 square feet of living space. Listed at $639,000 (about $444/sqft), 30 days on market. Flood zone AE - confirm flood insurance requirements with your lender. Condo dues run $945 monthly.

From the listing

Second-home buyers and investment-minded buyers, take note. This beautifully furnished, turnkey residence at Cedars East on Longboat Key offers the rare combination of a polished coastal retreat, an established rental history, and meaningful upside potential. The home has generated approximately $50,000 in average annual rental payout revenue, after Airbnb and VRBO fees, providing a proven income history while maintaining the flexibility of up to 26 rental opportunities a year—an unusually flexible arrangement for Longboat Key. The owners have invested more than $130,000 in upgrades and improvements since 2021, creating a home that is not simply rental-ready, but thoughtfully maintained and continually enhanced. The current owners have created a home designed to deliver an exceptional guest experience. The sale includes the home's high-quality furnishings, top-of-the-line kitchenware—including All-Clad cookware—solid dishware, premium beach equipment and carefully selected décor. The result is reflected in the property's rental reputation, with more than 40, 5-Star Airbnb reviews from previous guests. Positioned near the front of Cedars East, the residence offers more convenient access to the Gulf beaches than many locations within the community and is next to the Longboat Key bike path. Inside, the 1,440-square-foot, two-bedroom, 2½-bath residence features an open living and dining area, a large garage, and a private, wooded outlook from the living room and lanai. The lush greenery creates a wonderfully private, almost treehouse-like setting—a peaceful contrast to the Gulf just moments away. Residents of Cedars East enjoy a resort-style setting with HOA amenities including the community pool, kayak and paddle board launch, fishing pier, cable, water, sewer, trash and pest control.Optional membership at the Cedars Tennis Resort & Club provides access to additional tennis, pickleball and fitness amenities. Whether you're looking for a beautifully finished Longboat Key retreat, a second home that can generate income, or a turnkey vacation property with an established rental history, this residence offers a compelling combination of lifestyle and flexibility. Come experience The Longboat Key Life.

The essentials

Built
1990
Price / sqft
$444
On market
30 days
Annual tax
$3,954
Condo dues
$945/mo
Flood zone
AE
Type
Townhouse

At a glance

Townhouse
3 stories · 1990
Community pool
Fitness center too
1 car garage
Common
Private balcony
Outdoor space
1,440 sqft
Living area

Payment

Est. monthly payment
$4,927/mo
Down payment (20%)
$127,800
Property taxes
$330/mo
Condo dues
$945/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Townhouse
Year Built
1990
Lot
-
Cooling
Central Air
Heating
Central, Electric
Parking
Common, Driveway, Garage Door Opener, Ground Level, Guest, Open, Oversized
Days on Market
30
Ceiling Fans(s)
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Primarybedroom Upstairs
Solid Surface Counters
Split Bedroom
Stone Counters
Thermostat
Window Treatments
Balcony
Lighting
Rain Gutters
Buyer Approval Required
Deed Restrictions
Fitness Center
Pool
Tennis Court(s)
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Washer
Flood Zone AE
Annual Tax (2025)
$3,954
Parcel #
7927305453

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Cedars East Sec 2
County
Manatee
MLS Area
34228 - Longboat Key
Lot Size
-
Cul-De-SacLandscapedLevelStreet Dead-EndPaved
Condo dues
$945/mo
Coastal Association Management/Bob MacDonald

Price history

Date
Event
Price
9/14/2026
Listed for sale
Source: Stellar MLS #A4706129
$639,000
$444/sqft

Neighborhood

539 Forest Way #539
Longboat Key, FL, 34228 · 34228 - Longboat Key

Market insights

Offer Insights

Choose an offer strength

List price: $639,000
$630,000 – $639,000
98.3% – 100% of listTops out right at the list price
80% of listList price
41 of the last 80 townhouse or villa closings in Manatee County landed at this number or higher (51%). The median one sat 40 days before it went under contract, and this one is on day 30.

Sample: 80 closed townhouse or villa sales in Manatee County over the last 8 months, Stellar MLS. Widened past this ZIP to get a usable sample. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$4,927/mo
Principal & interest$3,333
Property taxes$330
Insurance$320
HOA$945
Down payment20% · $127,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$639,000

$444 per sq ft

Beds and baths

2 beds, 3 baths

Size

1,440 sq ft

Time on market

30 days

Year built

1990

Monthly payment

About $4,927/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,954 annual tax bill, insurance, and $945/mo in condo dues.

Condo dues

$945/mo

Managed by Coastal Association Management/Bob MacDonald.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

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Brokered byPREMIER SOTHEBY'S INTERNATIONAL REALTYListing agent: Sharon AustinListing data from Stellar MLS, MLS# A4706129.

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