Price: $699,000
MLS Number: A4637426
 Single Family
531 EDLEE, Longboat Key, Florida 34228 USA
 Beds: 3
 
 Baths: 2
 
 Living Area: 1,241
 Lot Square Feet: 12,258
 
 HOA Fees: 
 
 Year Built: 1963
 Community: SLEEPY LAGOON
 
 Subdivision: SLEEPY LAGOON
 Elementary School: Anna Maria Elementary
 
 Junior High: Martha B. King Middle
 High School: Bayshore High
 
About this Property
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.

About the Area

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