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Land Opportunity with Brand-New $120,000 Pool & Spa | Now Offered at $750,000 (total price improvement of $149,000) Rarely does a land opportunity like this become available on one of the few privately owned streets in Longboat Key. Welcome to 531 Edlee Lane"”a prime coastal lot just steps from the beach, now offered at $750,000, and already improved with a brand-new $120,000 gunite saltwater swimming pool and spa, complete with a hurricane-rated cage and new filtration system. While the existing home was damaged in Hurricane Helene, the Town of Longboat Key has confirmed it can be restored, giving buyers the flexibility to either renovate the current structure or tear down and build new. The value here is in the land and the incredible outdoor living space that has already been created. The property also includes deeded access to a private boat launch on Sarasota Bay, making it an ideal location for water lovers and boating enthusiasts. Surrounded by custom homes and located in a quiet, upscale neighborhood, 531 Edlee Lane offers the ideal foundation for a new coastal residence with a move-in-ready luxury pool already in place. This is a truly unique opportunity to build your dream home in one of Longboat Key's most desirable and exclusive enclaves"”with a major head start already completed. Sellers say SELL!
DAYS ON MARKET | 114 | LAST UPDATED | 3/24/2025 |
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TRACT | SLEEPY LAGOON | YEAR BUILT | 0 |
COMMUNITY | 34228 - Longboat Key | COUNTY | Manatee |
STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
Elementary School | Anna Maria Elementary |
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Jr. High School | Martha B. King Middle |
High School | Bayshore High |
PRICE HISTORY | |
Prior to Mar 7, '25 | $899,000 |
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Mar 7, '25 - Mar 24, '25 | $859,000 |
Mar 24, '25 - Today | $750,000 |
ADDITIONAL DETAILS | |
AREA | 34228 - Longboat Key |
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LOT | 0.28 acre(s) |
LOT DESCRIPTION | Cul-de-sac, Level, Private, Wooded |
LOT DIMENSIONS | 100x122.58 |
SEWER | Public Sewer |
SUBDIVISION | SLEEPY LAGOON |
TAXES | 3925 |
UTILITIES | Cable Available, Electricity Available, Sewer Available, Water Available |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Lisa Garcia, COLDWELL BANKER REALTY, 941-366-8070
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/14/25 6:23 PM PDT.
This IDX solution is (c) Diverse Solutions 2025.