Property
ActiveCondo
1/53
$1,420,000

515 FOREST WAY

Longboat Key, FL 34228
4
Beds
3
Baths
2,880
SqFt
0
Acres
STELLAR
#A4679679
Updated: Jun 12, 2026, 12:38pm

Property Description

NEW PRICE, AMAZING OPPORTUNITY!!! Experience the ultimate island lifestyle in this masterfully renovated 2,880 sqft, 4 Bed/3 Bath "lock-and-leave" condo at Cedars Tennis Resort and Club. Elevated sanctuary on the tranquil north end of Longboat Key. Offering the expansive feel of a single-family residence with the effortless "lock-and-leave" ease of being in the beautiful condo community of Cedars Tennis Resort and Club. This exquisite 4BR/3BA retreat defines coastal chic. A private elevator serves all three levels, opening into a sun-drenched great room with soaring ceilings, a fireplace, and a gourmet kitchen featuring dual islands and designer finishes. The refined dining room opens right off of this space with its custom built-in cabinetry and dry bar, ideal for any social gathering. Relax on your private, screened lanais overlooking lush tropical foliage and serene ponds, with peek-a-boo views of the Gulf. There is one on each living level. Rounding out the main living area is a versatile den/office (currently used as the 4th bedroom), a full third bathroom, beautiful hardwood floors throughout and a dedicated laundry room. The primary suite is a true oasis with a spa-inspired sunken bath, large walk-in shower, dual vanities and walk-in closets. Upstairs beyond the oasis of a primary there are two additional oversized guest bedrooms and a beautifully renovated guest bathroom with a walk-in shower. Recent updates beyond the full interior renovation include 2026 garage door replacements, and 2024 roof and AC replacement. Hardi- Board siding on exterior and Pella high-impact windows. The split 3-car garage provides total peace of mind and the rare abundance of space and storage. Nestled in the 66-acre village-like townhome community enveloped by nature, providing effortless access to both the beach and the bay on the beautiful north end of Longboat Key. The spacious and tropical community features lit boardwalks winding through mangroves, leading to an array of exceptional amenities including a heated Jr. Olympic Size Pool, nine Har-Tru Tennis Courts, three Pickleball courts, a Clubhouse with a Pro-Shop, a 24-hour Fitness Center, a Tiki bar, a restaurant, a fishing pier, and a kayak launch. Please note that some amenities require an additional club membership. The property is within walking distance to a variety of local attractions, such as Harry's Deli & Continental Kitchen, the true island gem that is Joan Durante Park, Euphemia Haye Restaurant & The Haye Loft, and, of course, Longboat Key's globally renowned sugary white sand beaches. Furthermore, it offers convenient proximity to other major attractions and cultural venues, including St. Armand's Circle, Mote Aquarium, the Asolo Repertory Theatre, Van Zel Performing Arts Center, Marie Selby Gardens, Anna Maria Island, the Ringling Museum complex, and numerous dining options on Longboat Key and in downtown Sarasota. Cedars East is the rare community on LBK that offers shorter-term rental allowance with its 2-week minimum, making it the perfect balance for offsetting costs when not in use, without living in a hotel community. Exceptional onsite management is in place if desired. Fantastic residence, rare opportunity, come take a look today!
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Included Appliances
Built-In OvenCooktopDishwasherDisposalDryerMicrowaveRefrigeratorWasher

Property Details

Highlights
View
Yes
Waterfront
Yes
Interior
Additional Rooms
Family RoomFormal Dining Room SeparateInside UtilityStorage Rooms
Appliances
Built-In OvenCooktopDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Basement
Other
Bathrooms Total Decimal
3
Building Area Total
4536
Cooling
Central Air
Fireplace Features
Family Room
Flooring
CarpetCeramic TilePorcelain TileHardwood
Furnished
Negotiable
Heating
Central
Interior Features
Built-in FeaturesCeiling Fan(s)Dry BarEating Space In KitchenElevatorHigh CeilingsKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanPrimaryBedroom UpstairsSolid Surface CountersStone CountersThermostatWalk-In Closet(s)Window Treatments
Laundry Features
Inside
Living Area
2880
Rooms Total
8
Security Features
Fire AlarmFire Sprinkler SystemSmoke Detector(s)
Window Features
BlindsStorm Window(s)Window Treatments
Construction
Architectural Style
Traditional
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockCement Siding
Direction Faces
South
Foundation Details
Basement
Levels
Three Or More
Living Area Source
Public Records
Living Area Units
Square Feet
Property Condition
Completed
Roof
Shingle
Stories Total
3
Year Built
1989
Site & Exterior
Additional Water Information
Community on the Shores of Sarasota Bay. Community Bay Beach access and Fishing Pier. Pavers in between back buildings leading to Bay Beach access.
Covered Spaces
3
Exterior Features
BalconyIrrigation SystemLightingPrivate MailboxRain GuttersSliding Doors
Fencing
Masonry
Flood Zone Code
AE
Garage Spaces
3
I D X Participation
Yes
Lot Features
LandscapedNear MarinaNear Public TransitSidewalkStreet Dead-End
Open Parking
Yes
Parking Features
CoveredDrivewayGarage Door OpenerGround LevelGuestOversizedSplit Garage
Patio And Porch Features
CoveredRear PorchScreened
Public Survey Range
16
Public Survey Section
26
Road Frontage Type
Street Dead-EndStreet PavedPrivate Road
Road Surface Type
PavedAsphalt
Sewer
Public Sewer
Total Acreage
Non-Applicable
Utilities
BB/HS Internet AvailableCable ConnectedElectricity ConnectedFiber OpticsPublicSewer ConnectedStreet LightsUnderground UtilitiesWater Connected
Vegetation
Mature LandscapingTrees/LandscapedWooded
View
Trees/WoodsWater
Water Access
Yes
Water Body Name
SARASOTA BAY
Water Extras
Yes
Water Source
Public
Water View
Yes
Waterfront
Yes
Waterfront Features
Bay/Harbor FrontWaterfrontPond
Waterfront Feet Total
40
Zoning
R3MX/PC
Financials
Amenities Additional Fees
Membership to Cedars Tennis Resort and Club gives access to Pickle and Tennis Courts, along with 24hr gym. Please see here for additional details-https://cedarstennisresort.com
Association Fee
5094
Association Fee Frequency
Quarterly
Association Fee Includes
Cable TVCommunity PoolEscrow Reserves FundInsuranceMaintenance StructureMaintenance GroundsMaintenance RepairsManagerPest ControlPool MaintenancePrivate RoadSewerTrashWater
Calculated List Price By Calculated Sq Ft
493.06
Contract Status Change Date
2026-01-23
Current Price
1420000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
2 Weeks
Monthly H O A Amount
1698
Ownership
Condominium
Parcel Number
7927304878
Public Survey Township
35
Tax Annual Amount
4802
Tax Book Number
1279-1906
Tax Legal Description
UNITS 11 & 12, SECTION TWO CEDARS EAST CONDO PI#79273.0487/8
Tax Lot
11
Tax Year
2025
Total Annual Fees
20376
Total Monthly Fees
1698

Neighborhood & Lifestyle

Community & Association
Association Amenities
Cable TVClubhouseMaintenancePool
Association Fee Requirement
Required
Community Features
Bay/Harbor FrontDockFishingIntracoastal WaterwayWater AccessWaterfrontBuyer Approval RequiredClubhouseCommunity MailboxDeed RestrictionsFitness CenterPoolRestaurantSpecial Community RestrictionsTennis Court(s)
M L S Area Major
34228 - Longboat Key
Max Pet Weight
101
Pet Restrictions
See bylaws
Pet Size
Extra Large (101+ Lbs.)
Pets Allowed
Yes
S W Subdiv Community Name
Cedars East
Subdivision Name
CEDARS EAST SEC 2
Schools
Ratings
Elementary
Anna Maria Elementary
Middle
Martha B. King Middle
High
Bayshore High
Listing provided courtesy of STELLAR via IDX. Updated: Jun 12, 2026, 12:38pm.
Jesse Griffin

Listing Agent

CENTURY 21 BEGGINS ENTERPRISES

Call Agent