This bright and cheery Cedars East 1440sf 2/2/1 townhouse is currently the best value (aka- lowest price per square foot) of any condo on Longboat Key, which makes it a SLAM-DUNK (aka- astute) purchase available for an investor and/or resident. The rental potential is excellent (26 x min 2wks). When you take in the high ceilings (9ft LR/DR); the oversized (13x30) one-car garage; the updated Hardi-plank siding and windows; turnkey-furnishings with brand new carpeting on the stairs and in the bedrooms (living area is ceramic tile); an upstairs laundry room. .. you'll get it! When you realize this is an end-unit with open views from three sides, offering tremendous amenities (HarTru tennis courts, Jr Olympic pool, 24/7 fitness center, walking trails, fishing dock, even a beach-on-the-bay at low tide), and is pet-friendly (allows two dogs). .. you'll smile to yourself! Need more? You are across the street from LBK's glorious ten-mile sandy beach on the Gulf of Mexico and we have great restaurants to boot. Nearby St Armand's Circle and downtown Sarasota are close enough to tempt you. Longboat Key is the WOW FACTOR in greater Sarasota's real estate market, which brings us back to your search for paradise. Did I mention that this particular townhouse is the BEST VALUE/SQFT of any residential property on Longboat Key? Stop by ASAP. .. get excited!
TownhomeProperty Type
1989Year Built
$354Est. Price/Sq.Ft.
1 garage spacesParking
Listed by Bill Anderson• MICHAEL SAUNDERS & COMPANY
Pool Features: Gunite, Heated, In Ground, Lighting
Property Features
Universal Property Id: US-12081-N-7927305552-R-N
Waterfront Information
On Waterfront
Waterfront Features: Bay/Harbor
Water Body Name: SARASOTA BAY
Waterfront Feet Total: 300
Water Frontage Feet Bay Harbor: 300
Water View Y/N: 0
Water Access Y/N: 1
Water Access Description: Bay/Harbor,Beach - Public
Water Extras Y/N: 1
Water Extras Description: Dock - Composite,Fishing Pier
Property Information
CDD Y/N: 0
Homestead Y/N: 0
Property Type: Residential
Property Sub Type: Townhouse
Zoning: R3MX/PC
Land Information
Vegetation: Trees/Landscaped
Total Acreage: Non-Applicable
Lot Information
Lot Size Acres: 0
Lot Size Square Meters: 0
Zoning Compatible YN: 1
Building Information
MFR_BuildingAreaTotalSrchSqM: 210.70
MFR_BuildingNameNumber: 532
Financial
Tax Information
Tax Annual Amount: $4,546.86
Tax Year: 2020
Lease / Rent Details
Lease Restrictions YN: 1
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Location
Multi-Family Financial Information
Total Annual Fees: $7,468
Total Monthly Fees: $622.33
Multi-Unit Information
Unit Number YN: 0
Furnished: Yes
HOA Information
Association Name: Lighthouse Property Mgmt
Has HOA
Association Fee Requirement: None
Association Approval Required Y/N: 0
Association Amenities: Clubhouse, Fitness Center, Optional Additional Fees, Recreation Facilities, Tennis Court(s)
Association Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Maintenance, 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: From south LBK, travel north on Gulf of Mexico Drive to Companion Way (5680 GMD). Go east and Forest Way is first left turn. Follow Forest Way around several turns to #532 on the left. Park in front of garage or in guest parking nearby.
Condo Information
Monthly Condo Fee Amount: 622
Condo Land Included Y/N: 0
Condo Fees Term: Quarterly
Condo Fees: 1867
Community Information
Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness Center, Park, Pool, Sidewalks, Tennis Courts, Water Access, Waterfront
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: 1989
Year Renovated: 2001
County: Manatee County
APN: 7927305552
Home facts updated by county records on Sep 21, 2026
Other
Miscellaneous Information
Third Party YN: 0
Listing Information
Previous Status: Pending
Backups Requested YN: 0
Home Warranty YN: No
Listing Date Information
Days to Contract: 6
Status Contractual Search Date: 2020-12-30
Listing Price Information
Calculated List Price By Calculated Sq Ft: 228.47
Green Information
Direction Faces: South
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
Security Features: Fire Sprinkler System, Smoke Detector(s)
Around this home
Schools
K - 12
Preschool & daycare
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)
68
52
70
58
76
63
80
68
85
75
88
78
90
79
89
79
87
76
84
71
79
64
74
59
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
$485,000 – $587,000
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