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Overview

2 bd3 ba1,440 sqft2 car garageTownhouse
TypeTownhouse
Condo dues$945/mo
Built1990
Lot92,138 sqft
Living area1,440 sqft
Price / sqft$417
Garage2 car

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

About this home

Built-in FeaturesCeiling Fans(s)Kitchen/Family Room ComboOpen FloorplanPrimarybedroom UpstairsSplit BedroomStone CountersThermostat

521 Forest Way 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 $599,900 (about $417/sqft), 27 days on market. Flood zone AE - confirm flood insurance requirements with your lender. Condo dues run $945 monthly.

From the listing

Discover your ultimate island escape in this beautifully updated, fully furnished, and pet-friendly 2-bedroom, 2.5-bathroom townhome located within the desirable Cedars Tennis Resort & Club on Longboat Key. Set across a lush, village-like community enveloped by nature on the island's scenic north end, this property offers a rare combination of relaxed coastal living and an excellent short-term rental opportunity featuring a flexible two-week policy. Step inside to find a turnkey, coastal-chic interior highlighted by crisp shiplap accents, warm wood-style flooring, and elegant metallic hardware throughout. The updated kitchen features white shaker cabinetry, premium stone countertops, custom tile backsplash, and a breakfast bar with seating, all while offering a subtle peekaboo views of the glistening Gulf of Mexico. It flows seamlessly into a bright dining space framed by a shell-pendant chandelier and an inviting living room that opens through sliding glass doors to a private, screened lanai framed by tropical palms and water views. Upstairs, the layout is designed for comfort and convenience. The primary suite serves as a serene retreat with water views, large closet space, and barn-door entry into an upgraded bathroom featuring dual vanities, white shiplap walls, and a walk-in shower with floor-to-ceiling marble tile and gold hardware accents. Just down the hall, the secondary bedroom, which also catches a peekaboo Gullf view, is accompanied by a second full bathroom and ther is also a dedicated upstairs laundry closet with front-loading washer and dryer units. Outside, the property enjoys tranquil views of lush tropical foliage and a quiet island setting, complete with recent structural and mechanical improvements like updated windows, a brand new roof, 2021 air conditioning units, and a private garage with a recently installed hurricane-rated garage door. Cedars Tennis Club provides an unmatched resort-style atmosphere. Meander along lit boardwalks winding through mangroves to access an exceptional array of community amenities, including a heated Junior Olympic-sized swimming pool, a vibrant tiki bar, nine Har-Tru tennis courts, three Har-Tru pickleball courts, a clubhouse with a pro shop, a 24-hour fitness center, an on-site Google 5-star restaurant Hugo's II, a fishing pier, and a kayak launch (please note that some amenities require an additional club membership). This property has been a second home for current long time owners, but similair neighboring properties boasts a proven track record as a lucrative short-term rental, consistently producing roughly $50,000 in net annual revenue after platform fees. Furthermore, it offers a rare level of operational flexibility for Longboat Key, permitting up to 26 rental cycles per year. When you are ready to venture out, you are within easy walking distance of Longboat Key's world-renowned sugary white sand beaches, the tranquil trails of Joan Durante Park, and local culinary staples like Harry's Deli & Continental Kitchen, Lo-Key Bar and Grill and Euphemia Haye Restaurant & The Haye Loft. For broader entertainment, shopping, and cultural experiences, St. Armands Circle, downtown Sarasota, the Ringling Museum complex, Mote Marine and Anna Maria Island are just a short drive away. Whether you are searching for the dream beach house, a lucrative investment property, or your own private full-time retreat complete with stunning evening sunsets, this Longboat Key gem delivers on every front

The essentials

Built
1990
Price / sqft
$417
On market
27 days
Annual tax
$3,494
Condo dues
$945/mo
Flood zone
AE
Lot
92,138 sqft
Type
Townhouse

At a glance

Townhouse
3 stories · 1990
Waterfront
Bay/Harbor
Community pool
Fitness center too
2 car garage
Oversized
2.12 acres
Lot size

Payment

Est. monthly payment
$4,665/mo
Down payment (20%)
$119,980
Property taxes
$291/mo
Condo dues
$945/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Townhouse
Year Built
1990
Lot
92,138 sqft
Cooling
Central Air
Heating
Central
Parking
Oversized
Waterfront
Bay/Harbor
Days on Market
27
Built-in Features
Ceiling Fans(s)
Kitchen/Family Room Combo
Open Floorplan
Primarybedroom Upstairs
Split Bedroom
Stone Counters
Thermostat
Window Treatments
Lighting
Rain Gutters
Sidewalk
Tennis Court(s)
Buyer Approval Required
Clubhouse
Community Mailbox
Deed Restrictions
Fitness Center
Pool
Restaurant
Sidewalks
Street Lights
Bar Fridge
Dishwasher
Disposal
Dryer
Microwave
Range
Range Hood
Refrigerator
Washer
Elementary
Anna Maria Elementary
Middle
Martha B. King Middle
High
Bayshore High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE
Annual Tax (2025)
$3,494
Parcel #
7927305008

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
92,138 sqft
Cul-De-SacCity LimitsLandscapedLevelNear Golf CourseNear MarinaNear Public TransitSidewalkStreet Dead-EndPavedPrivate
Condo dues
$945/mo
N/A

Price history

Date
Event
Price
9/18/2026
Listed for sale
Source: Stellar MLS #A4706685
$599,900
$417/sqft

Neighborhood

521 Forest Way
Longboat Key, FL, 34228 · 34228 - Longboat Key

Market insights

Offer Insights

Choose an offer strength

List price: $599,900
$590,000 – $599,900
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 27.

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
$4,665/mo
Principal & interest$3,129
Property taxes$291
Insurance$300
HOA$945
Down payment20% · $119,980
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

$599,900

$417 per sq ft

Beds and baths

2 beds, 3 baths

Size

1,440 sq ft

Time on market

27 days

Year built

1990

Monthly payment

About $4,665/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,494 annual tax bill, insurance, and $945/mo in condo dues.

Condo dues

$945/mo

Managed by N/A.

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 byCENTURY 21 BEGGINS ENTERPRISESListing agent: Jesse GriffinListing data from Stellar MLS, MLS# A4706685.

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