$699,000
  • 3 beds
  • 2 baths
  • 1241 sqft
  • 0.28 acres
  • 1963 year built

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.

 



531 EDLEE LANE

Inquire about this home

Berkshire Hathaway HomeServices
Florida Realty

3192 Fruitville Rd, Sarasota, FL 34237


Explore: Sleepy Lagoon


Similar Listings

More Single Family Residence for sale near Sleepy Lagoon in LONGBOAT KEY Florida


$900K 780 TARAWITT DR LONGBOAT KEY FL 34228

$900K 600 FOX ST LONGBOAT KEY FL 34228

$895K 636 TARAWITT DR LONGBOAT KEY FL 34228

Listing Broker: COLDWELL BANKER REALTY
Last Changed: Wednesday 04th of June 2025 06:18:10 PM

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; vailability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2021 , Stellar MLS.