Overview
Description
Second-home buyers and investment-minded buyers, take note. This beautifully furnished, turnkey residence at Cedars East on Longboat Key offers the rare combination of a polished coastal retreat, an established rental history, and meaningful upside potential. The home has generated approximately $50,000 in average annual rental payout revenue, after Airbnb and VRBO fees, providing a proven income history while maintaining the flexibility of up to 26 rental opportunities a year—an unusually flexible arrangement for Longboat Key.
The owners have invested more than $130,000 in upgrades and improvements since 2021, creating a home that is not simply rental-ready, but thoughtfully maintained and continually enhanced. The current owners have created a home designed to deliver an exceptional guest experience. The sale includes the home's high-quality furnishings, top-of-the-line kitchenware—including All-Clad cookware—solid dishware, premium beach equipment and carefully selected décor.
The result is reflected in the property's rental reputation, with more than 40, 5-Star Airbnb reviews from previous guests. Positioned near the front of Cedars East, the residence offers more convenient access to the Gulf beaches than many locations within the community and is next to the Longboat Key bike path. Inside, the 1,440-square-foot, two-bedroom, 2½-bath residence features an open living and dining area, a large garage, and a private, wooded outlook from the living room and lanai.
The lush greenery creates a wonderfully private, almost treehouse-like setting—a peaceful contrast to the Gulf just moments away. Residents of Cedars East enjoy a resort-style setting with HOA amenities including the community pool, kayak and paddle board launch, fishing pier, cable, water, sewer, trash and pest control.Optional membership at the Cedars Tennis Resort & Club provides access to additional tennis, pickleball and fitness amenities. Whether you're looking for a beautifully finished Longboat Key retreat, a second home that can generate income, or a turnkey vacation property with an established rental history, this residence offers a compelling combination of lifestyle and flexibility.
Come experience The Longboat Key Life.
Virtual Tour
Address
- Street539 FOREST #539
- CityLongboat Key
- SubdivisionCEDARS EAST SEC 2
- CountyManatee
- StateFL
- Zip34228
- MLS #A4706129
Interior
- AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Bathrooms Full2
- Bathrooms Half1
- Bathrooms Total Integer3
- Bedrooms Total2
- CoolingCentral Air
- CoolingYes
- FlooringLuxury Vinyl, Porcelain Tile
- FurnishedFurnished
- HeatingCentral, Electric
- HeatingYes
- Interior FeaturesCeiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Window Treatments
- Laundry FeaturesUpper Level
- LevelsThree Or More
- Living Area1,440
- Living Area SourcePublic Records
- Living Area UnitsSquare Feet
- Rooms Total7
- Window FeaturesBlinds
Exterior
- Attached GarageYes
- Covered Spaces1
- Direction FacesWest
- Exterior FeaturesBalcony, Irrigation System, Lighting, Rain Gutters, Sliding Doors
- Garage Spaces1
- GarageYes
- Lot FeaturesCul-De-Sac, Landscaped, Level, Street Dead-End
- Lot Size Acres0
- Lot Size Square Feet0
- Open ParkingYes
- Parking FeaturesCommon, Driveway, Garage Door Opener, Ground Level, Guest, Open, Oversized
- Patio And Porch FeaturesCovered, Rear Porch, Screened
- Pool FeaturesIn Ground
- Road Frontage TypeStreet Dead-End, Street Paved
- Road Surface TypePaved, Asphalt
- RoofShingle
- ViewTennis Court, Trees/Woods
- Waterfront FeaturesWaterfront
Structure
- Architectural StyleTraditional
- Building Area Total2,268
- Construction MaterialsBlock, Cement Siding, Wood Frame
- Foundation DetailsSlab
- Property AttachedYes
- Property ConditionCompleted
- Stories Total3
- Year Built1990
Utilities
- SewerPublic Sewer
- UtilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
- Water SourcePublic
Financial
- Association AmenitiesMaintenance
- Association Fee FrequencyQuarterly
- Association Fee IncludesCable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Private Road, Sewer, Trash, Water
- AssociationYes
- Parcel Number7927305453
- Pets AllowedCats OK, Dogs OK, Number Limit, Size Limit, Yes
- Tax Annual Amount3,954
- Tax Book Number1279-1906
- Tax Legal DescriptionUNIT 23, SECTION TWO CEDARS EAST CONDO PI#79273.0545/3
- Tax Lot23
- Tax Year2025
- ZoningR3MX/PC
Location
- Community FeaturesFishing, Water Access, Waterfront, Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Tennis Court(s)
- CountryUnited States
- County Or ParishManatee
- DirectionsDrive north on Gulf of Mexico Drive. Turn right onto Companion Way at Cedars East. Take the first left onto Forest Way and follow Forest Way toward the end. 539 Forest Way will be on the right.
- Latitude27
- Longitude-83
- MLS Area Major34228 - Longboat Key
- Postal Code34228
- Postal Code Plus41840
- Street NameFOREST
- Street Number539
- Street Number Numeric539
- Street SuffixWAY
- Subdivision NameCEDARS EAST SEC 2
- Unit Number539
- Unparsed Address539 FOREST WAY UNIT 539
Features & Amenities
- Balcony
- Buyer Approval Required
- Ceiling Fan(s)
- Central
- Central Air
- Common
- Cul-De-Sac
- Deed Restrictions
- Dishwasher
- Disposal
- Driveway
- Dryer
- Electric
- Electric Water Heater
- Fishing
- Fitness Center
- Garage Door Opener
- Ground Level
- Guest
- High Ceilings
- In Ground
- Irrigation System
- Landscaped
- Level
- Lighting
- Living Room/Dining Room Combo
- Luxury Vinyl
- Microwave
- Open
- Open Floorplan
- Oversized
- Pool
- Porcelain Tile
- PrimaryBedroom Upstairs
- Rain Gutters
- Range
- Refrigerator
- Sliding Doors
- Solid Surface Counters
- Split Bedroom
- Stone Counters
- Street Dead-End
- Tennis Court
- Tennis Court(s)
- Thermostat
- Trees/Woods
- Upper Level
- Washer
- Water Access
- Waterfront
- Window Treatments
Mortgage Calculator
- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
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