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Sold for $545,000 on 12/01/25
  • $545,000

    531 Edlee Ln, Longboat Key, FL 34228

    3beds
    1,391sqft
    Single Family Residence
    Built in 1963
    0.28 Acres Lot
    $544,800 Zestimate®
    $392/sqft
    $6,625 Estimated rent

    Home value

    $544,800

    $512,000 - $577,000

    $6,625/mo

    Zestimate® history
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    What's special

    This sweet little spot on Longboat Key is one of the best deals you'll find anywhere. Forget the fuss—it's tucked away on a quiet, private, dead-end street with no HOA in a picturesque location on a stunning stretch of North-End Longboat Key. The best part? You can wiggle your toes in the sand in just a 4-minute (0.20 mile) barefoot stroll to the beach! This .28-acre piece of paradise is pure potential, whether you're someone dreaming of that perfect beach residence, a builder looking for a prime canvas, an investor ready for some easy money. Make it Your Own: You can either give the existing home some very easy love or scrape it clean and build the custom oasis . The location couldn't be more ideal for either direction you take. Ready to Splash? The value is already shining here, thanks to the brand-new, beautiful gunite saltwater pool and spa—a $120,000 upgrade! It's got a new hurricane-rated enclosure and filtration system, plus wrap-around stone pavers providing large deck space and walkways. That private, finished outdoor space is waiting for you to jump right in and can be the centerpiece of any renovation or future build. Bay Access Bonus: Even better, you get deeded access to the Sarasota Bay via private boat launch at the end of Ed Lee Lane. You and 4 neighbors share this deeded access and it is a true island amenity. That's true island living—beach and bay at your fingertips. On top of all this the location of this home offers effortless access to an array of island amenities, boasting a very high walkability rating for Longboat Key. Easy access to the scenic 34 acre Joan Durante Park, providing a serene retreat for outdoor enthusiasts. A diverse selection of nearby restaurants and bars, ranging from charming delis and lively sports bars to fine dining establishments, are conveniently located right outside your door. Most notably very close beach access (0.20 mile) provides direct entry to one of the most spectacular beaches in the state. Recent improvements beyond the Pool/Spa are 2019 Roof, 2018 AC, 2019 Ductwork, 2024 storage shed ready for electric, full property fencing, landscape, hardscape and irrigation, The sellers are motivated to let this go, so they've priced it to move, favoring cash buyers for a smooth, quick close. Don't let this slice of Longboat Key slip away!

    Zillow last checked: 8 hours ago

    Listing updated: December 01, 2025 at 12:13pm

    Listing Provided by:

    Jesse Griffin 941-822-6165,

    CENTURY 21 BEGGINS ENTERPRISES 941-387-8888

    Bought with:

    Jesse Griffin, 3081650

    CENTURY 21 BEGGINS ENTERPRISES

    Source: Stellar MLS,MLS#: A4668744MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Area: 180 Square Feet
    • Dimensions: 10x18
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Bedroom 3
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Primary bathroom
    • Features: Shower No Tub
    • Level: First
    • Area: 63 Square Feet
    • Dimensions: 9x7
    Bathroom 2
    • Features: Tub With Shower
    • Level: First
    • Area: 54 Square Feet
    • Dimensions: 9x6
    Dining room
    • Level: First
    • Area: 156 Square Feet
    • Dimensions: 12x13
    Family room
    • Level: First
    • Area: 208 Square Feet
    • Dimensions: 16x13
    Kitchen
    • Level: First
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Living room
    • Level: First
    • Area: 192 Square Feet
    • Dimensions: 16x12
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Exhaust Fan
    • Laundry: Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup
    Features
    • Ceiling Fan(s), Open Floorplan, Thermostat
    • Flooring: Tile
    • Doors: French Doors, Outdoor Shower
    • Has fireplace: No
    Interior area
    • Total structure area: 2,617
    • Total interior livable area: 1,391 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport
    • Carport spaces: 2
    Accessibility
    • Accessibility features: Accessible Washer/Dryer
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Patio, Screened
    • Exterior features: Irrigation System, Lighting, Outdoor Shower, Private Mailbox, Rain Gutters, Storage
    • Has private pool: Yes
    • Pool features: Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Fencing: Vinyl
    • Has view: Yes
    • View description: Garden, Pool
    • Waterfront features: Bay/Harbor Front, Waterfront, Bay/Harbor Access, Beach Access, Gulf/Ocean Access, Boat Ramp - Private
    • Body of water: SARASOTA BAY AND GULF OF MEXIC
    Lot
    • Size: 0.28 Acres
    • Dimensions: 122 x 100
    • Features: FloodZone, City Lot, Landscaped, Level, Near Public Transit, Street Dead-End
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Shed(s), Storage
    • Parcel number: 7839800005
    • Zoning: R3SF
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Block, Wood Frame
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Fixer
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Available, Underground Utilities, Water Available

    Community & neighborhood

    Community
    • Community features: Bay/Harbor Front, Fishing, Private Boat Ramp, Water Access, Waterfront, Deed Restrictions, Sidewalks
    Location
    • Region: Longboat Key
    • Subdivision: SLEEPY LAGOON

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Ownership: Fee Simple
    • Road surface type: Unimproved, Gravel

    Price history

    DateEventPrice
    12/1/2025Sold$545,000-8.4%$392/sqft
    Source: Stellar MLS #A4668744
    10/22/2025Pending sale$595,000$428/sqft
    Source: Stellar MLS #A4668744
    10/16/2025Listed for sale$595,000-2.5%$428/sqft
    Source: Stellar MLS #A4668744
    9/5/2025Listing removed$609,995$439/sqft
    Source: Stellar MLS #TB8413139
    9/3/2025Price change$609,995-2.4%$439/sqft
    Source: Stellar MLS #TB8413139

    Public tax history

    YearProperty taxesTax assessment
    2024$3,925 -57.1%$748,992 +80.5%
    2023$9,143 +30.3%$414,986 +10.2%
    2022$7,015 +11.4%$376,472 +10%

    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Anna Maria Elementary
    • Middle: Martha B. King Middle
    • High: Bayshore High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $544,800

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $544,800