Off market jul 2022 for $645K

$554,488

Est. refi paymentEst. refi $2,347/mo

•

1,440

sq ft

513 Forest Way, Longboat Key, FL 34228

About this home

Life is better with your own piece of paradise! Cedars East is the pet friendly 65 acre community surrounded by nature and nestled between beach and bay. Perfectly positioned tri level townhome, tucked in this private island setting is yours to enjoy the amenities of island life and Longboat Key charm. Making the decision how to spend your day, may be your most difficult decision; stroll miles of white sand beaches, bike to neighboring islands, wander nature paths to the day dock, spend time fishing or launching kayaks for water filled adventures, enjoying encounters with dolphins and manatees, looking for sharks teeth or moments captivated by epic sunsets – so many choices! This updated furnished residence offers a light and bright open floor plan, high ceilings and views of lush foliage. Split bedroom plan offers private spaces for you and your guests. Recent upgrades include furniture, flooring, painting and vanities, newer AC, Hardie board and windows; leaving little to do but enjoy life – and decide what to do next! Attached garage, complete with grill, extra refrigerator includes space for storage, work bench or water toys. Added bonus – repeat seasonal tenant in place; giving you additional income to offset your expenses. Cedars East Tennis Resort offers onsite property management, Junior Olympic Pool, Tiki bar, Restaurant. Cedars Tennis Facility offers Membership options for the gym. Fitness center, Pro Shop, Clubhouse and 10 Har-Tru tennis courts. Create your island getaway, vacation destination, or investment opportunity – You decide!

Property Description: Corner Unit

TownhomeProperty Type

1990Year Built

$385Est. Price/Sq.Ft.

1 car garageParking

Listed by Kathryn Scott • COLDWELL BANKER REALTY

Bought with Monique Holston-Greene, PA • COLDWELL BANKER REALTY

Redfin checked: a minute ago

•Source:Stellar MLS as Distributed by MLS Grid #A4537104

Redfin Estimate

$554,488

$91K since sold in July 2022$14K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 20.7% lower than the average sale price ($700K) of 6 comparable homes.

SOLD OCT 16, 2026
$585,000
A
2 beds2.5 baths1,440 sq ft
847 Evergreen Way, Longboat Key, FL 34228
SOLD JUL 30, 2026
$575,000
B
2 beds2.5 baths1,440 sq ft
528 Forest Way, Longboat Key, FL 34228
SOLD BY REDFIN JUN 12, 2026
$557,500
C
2 beds2 baths1,440 sq ft
660 Cedars Ct, Longboat Key, FL 34228
SOLD AUG 31, 2026
$870,000
D
2 beds2 baths1,509 sq ft
615 Dream Island Pl #210, Longboat Key, FL 34228
SOLD SEP 10, 2026
$735,000
E
2 beds2 baths1,274 sq ft
5655 Gulf OF Mexico Dr Unit D107, Longboat Key, FL 34228
SOLD SEP 3, 2026
$875,000
F
2 beds2 baths1,561 sq ft
5757 Gulf OF Mexico Dr #205, Longboat Key, FL 34228

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Sell

$46,576

Est. take-home

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Refinance

Est. cash available

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Rent

$2,722/mo

Redfin rental estimate

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Market trends in 34228, FL

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

93.7%

0.3% MoM

Median sale price

$941K

$109K MoM

Avg. days on market

132d

34 days MoM

Recently sold homes

118

37 MoM

New listings for sale

COMING SOON
$1,600,000
2 beds2 baths1,470 sq ft
2425 Gulf OF Mexico Dr Unit 14B, Longboat Key, FL 34228
EARLY ACCESS
$2,800,000
4 beds3 baths2,611 sq ft
760 Marbury Ln, Longboat Key, FL 34228
NEW 17 HRS AGO
$925,000
2 beds2 baths1,276 sq ft
3070 Grand Bay Blvd #645, Longboat Key, FL 34228
NEW 18 HRS AGO
$1,450,000
2 beds2 baths1,472 sq ft
2425 Gulf OF Mexico Dr Unit 1E, Longboat Key, FL 34228
NEW 19 HRS AGO
$3,195,000
3 beds4 baths3,045 sq ft
1241 Gulf OF Mexico Dr #803, Longboat Key, FL 34228
COMING SOON
$400,000
2 beds2 baths1,072 sq ft
4370 Chatham Dr #102, Longboat Key, FL 34228
NEW 23 HRS AGO
$499,999
2 beds1.5 baths1,008 sq ft
597 Sutton Pl, Longboat Key, FL 34228
$7,900,000
5 beds5.5 baths3,203 sq ft
6061 Gulf OF Mexico Dr, Longboat Key, FL 34228
3D WALKTHROUGH
$2,670,000
1 bed2 baths1,556 sq ft
1591 Gulf OF Mexico Dr #515, Longboat Key, FL 34228
COMING SOON
$3,495,000
3 beds2 baths3,012 sq ft
700 Gulf Bay Rd, Longboat Key, FL 34228
See all

Provided by Redfin

Sale history for 513 Forest Way

Date

Event

Price

STELLARMLS #3404065

Sep 20, 2024

Rental Removed

—

Stellar MLS as Distributed by MLS Grid #A4537104

Jul 14, 2022

Sold

$645,000

$448/sq ft

Jun 8, 2022

Pending

—

May 31, 2022

Listed

$640,000

$444/sq ft

Stellar MLS as Distributed by MLS Grid #A4468321

Oct 2, 2020

Sold

$326,000

$226/sq ft

Aug 26, 2020

Pending

—

Jun 1, 2020

Listed

$335,000

$233/sq ft

Location + personal retreat + income is the winning combination offering the Longboat Key lifestyle. Perfectly positioned in the pet friendly bayfront community of Cedars East, this updated furnished townhouse leaves little to do but enjoy the island life! Updated kitchen and baths, exterior Hardie board, and impact windows are just a few things you will be grateful that have been taken care of. Light and bright open floor plan, secluded lanai provides a background of foliage bringing calm to begin your day, or the split bedroom plan providing privacy to guests, this may be the piece of paradise you have been looking for. You will appreciate the attached oversized garage including space for storage, work bench or water toys. Cedars East Tennis Resort offers onsite property management, Junior Olympic Pool, Tiki bar, Restaurant, Nature trails, fishing pier and kayak launch. Cedars Tennis Facility offers Membership options for the gym and fitness center, pro shop, clubhouse and 10 Har-Tru tennis courts. Live and enjoy the island life with its miles of beaches, bike paths, restaurants and the ease of lifestyle– or venture to St. Armands and the evolving downtown Sarasota venues for entertainment. Added bonus - Returning guests have booked for winter season giving you income to off set your expenses.

Property Description

End Unit

Stellar MLS as Distributed by MLS Grid #M5826569

Oct 17, 2012

Sold

$168,000

$117/sq ft

Jan 10, 2012

Listed

$190,000

$132/sq ft

Drastic Price Reduction! This is not a short sale. Great opportunity to own this two bedroom - two and one half bath townhome in Cedars Tennis Resort. Offered turnkey furnished. Lanai has a horticultual view and is located in a quiet & peaceful location. Close to the boardwalk trail leading to the Clubhouse, Tennis Courts and Pool. Walking distance to stores and Durantee Park. Pet friendly community.

Property Description

Corner Unit, Elevated, End Unit

Public Records

Apr 2, 2004

Sold

$286,500

$199/sq ft

Public Records

Oct 10, 2001

Sold

$227,000

$158/sq ft

Public Records

Aug 23, 1999

Sold

$190,000

$132/sq ft

Public Records

Jun 18, 1992

Sold

$180,000

$125/sq ft

Public Records

Jul 23, 1990

Sold

$1,190,000

$826/sq ft

Tax history for 513 Forest Way

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

2002

Sq. Ft.

1,440

Year built

1990

Style

Condo/Co-op

County

Manatee County

APN

7927304803

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 21, 2026.

Property details

Parking

Parking Information
Parking Features: Covered, Driveway, Garage Door Opener, Ground Level, Guest, Oversized, Under Building
Garage Spaces: 1
Has Attached Garage
Has Garage

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 2

Bathroom Information
# of Full Baths (Total): 2
# of Half Baths (Total): 1

Laundry Room Information
Laundry Features: Inside, Upper Level

Other Rooms Information
# of Rooms: 6

Heating & Cooling
Heating Information: Central, Electric
Cooling Information: Central Air

Interior Features
Interior Features: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Stone Counters, Window Treatments
Window Features: Window Treatments
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Flooring: Laminate
Building Elevator YN: 0

Exterior

Building Information
Construction Materials: Block, Cement Siding, Wood Frame
Roof: Shingle

Exterior Features
Patio And Porch Features: Covered, Screened
Exterior Features: Balcony, Irrigation System, Lighting, Sliding Doors

Property Features
Universal Property Id: US-12081-N-7927304803-R-N

Waterfront Information
Waterfront Feet Total: 0
Water View Y/N: 0
Water Access Y/N: 0
Water Extras Y/N: 0

Property Information
CDD Y/N: 0
Homestead Y/N: 0
Property Type: Residential
Property Sub Type: Townhouse
Property Condition: Completed
Zoning: R3MX/PC

Land Information
Vegetation: Mature Landscaping
Total Acreage: Non-Applicable

Lot Information
Lot Size Acres: 0
Road Surface Type: Asphalt
Lot Size Square Meters: 0

Building Information
MFR_BuildingAreaTotalSrchSqM: 210.70
MFR_BuildingNameNumber: CEDARS EAST

Financial

Tax Information
Tax Annual Amount: $4,664.51
Tax Year: 2021

Lease / Rent Details
Lease Restrictions YN: 1

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected

Location

Multi-Family Financial Information
Total Annual Fees: $8,540
Total Monthly Fees: $711.67

Multi-Unit Information
Unit Number YN: 0
Furnished: Turnkey

HOA Information
Association Name: AMI
Association 2 Name: Cedars East
Has HOA
MFR_Association2YN: 0
Association Fee Requirement: None
Association Approval Required Y/N: 1
Association Amenities: Optional Additional Fees, Pool, Trail(s)
Association Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Grounds, Management, Pool, Sewer, Trash, Water

School Information
Elementary School: Anna Maria Elementary
Middle Or Junior High School: Martha B. King Middle
High School: Bayshore High

Location Information
Directions: Gulf of Mexico Drive to East on Companion Way. First left (Forest Way) unit is straight ahead on the right. Overflow parking is available at the first left on Forest Way.

Condo Information
Monthly Condo Fee Amount: 712
Condo Land Included Y/N: 1
Condo Fees Term: Quarterly
Condo Fees: 2135

Community Information
Community Features: Association Recreation - Owned, Buyer Approval Required, Fishing, Pool, Water Access
Pets Allowed: Yes

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,440
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1990
Year Renovated: 2002
County: Manatee County
APN: 7927304803

Home facts updated by county records on Sep 21, 2026

Other

Miscellaneous Information
Third Party YN: 1

Listing Information
Previous Status: Pending
Backups Requested YN: 1
Home Warranty YN: No

Listing Date Information
Days to Contract: 7
Status Contractual Search Date: 2022-07-14

Listing Price Information
Calculated List Price By Calculated Sq Ft: 444.44

Green Information
Green Verification Count: 0
Direction Faces: West

Home Information
Living Area: 1440
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 133.78
Building Area Total: 2268
Building Area Units: Square Feet
Building Area Source: Public Records
Foundation Details: Slab
Stories Total: 3
Levels: Three Or More

Around this home

Schools

Anna Maria Elementary School

Public PreK-5 • Assigned • 6.7mi

10/10

Bayshore High School

Public 8-12 • Assigned • 4.7mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

10/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

7 days above 106° expected this year, 29 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Longboat Key, FL • 34228

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 6.4 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs

6.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$527,000 – $638,000

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Home values near 513 Forest Way

Data from public records.

Address	Redfin Estimate
502 Forest Way, Longboat Key, FL 2 Beds \| 2 Baths \| 1440 Sq. Ft.	$583,191
509 Forest Way, Longboat Key, FL 2 Beds \| 2 Baths \| 1440 Sq. Ft.	$560,014

Address	Redfin Estimate
504 Forest Way, Longboat Key, FL 2 Beds \| 2 Baths \| 1440 Sq. Ft.	$481,275
511 Forest Way, Longboat Key, FL 2 Beds \| 2.5 Baths \| 1440 Sq. Ft.	$581,234

Address	Redfin Estimate
508 Forest Way, Longboat Key, FL 2 Beds \| 2.5 Baths \| 1440 Sq. Ft.	—
527 Forest Way, Longboat Key, FL 2 Beds \| 2.5 Baths \| 1548 Sq. Ft.	$549,095

Property information provided by Stellar MLS as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

Listing provided courtesy of: COLDWELL BANKER REALTY

Listing agent: Monique Holston-Greene, PA

Based on information submitted to the MLS GRID as of Wed Oct 28 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2024-09-20T05:40:53.168Z

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