Listing provided courtesy of CENTURY 21 BEGGINS ENTERPRISESas Distributed by MLSGrid- MLS# MFRA4679679MLS Provider

515 FOREST WAYLONGBOAT KEY, FL 34228

Condo · 4 Beds · 3 Full Baths · 2,880 Sq. ft.
$1,420,000 Active

515 FOREST WAY Overview

Time on Site:
158 days
Visits:
1

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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515 FOREST WAY Facts & Features

  • Type Condo
  • Sq. ft. 2,880
  • Price/Sq.ft. $493

Details

General

Association/HOA

  • Association Amenities: Cable TV,Clubhouse,Maintenance,Pool
  • Association Fee: 5094
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Cable TV,Pool,Escrow Reserves Fund,Insurance,Maintenance Structure,Maintenance Grounds,Maintenance,Management,Pest Control,Private Road,Sewer,Trash,Water
  • Association Name: N/A
  • Association: Yes

School Information

  • Elementary School: Anna Maria Elementary
  • Middle Or Junior School: Martha B. King Middle
  • High School: Bayshore High

Building Information

  • New Construction: No
  • Year Built: 1989

Location/Region

  • Country: US
  • County Or Parish: Manatee
  • MLS Area Major: 34228 - Longboat Key
  • Subdivision Name: CEDARS EAST SEC 2
  • Township: 35

Community/Development

  • Community Features: Buyer Approval Required,Clubhouse,Community Mailbox,Deed Restrictions,Fitness Center,Pool,Restaurant,Special Community Restrictions,Tennis Court(s),Street Lights

Tax Information

  • Tax Annual Amount: 4802
  • Tax Year: 2025

General Information

  • Furnished: Negotiable
  • Listing Terms: Cash,Conventional
  • Ownership: Condominium
  • Parcel Number: 7927304878
  • Pets Allowed: Yes
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: R3MX/PC

Interior

Parking Information

  • Garage Spaces: 3
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 4

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 4536
  • Building Area Units: Square Feet

General Information

  • Appliances: Built-In Oven,Cooktop,Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Washer
  • Cooling: Central Air
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Flooring: Carpet,Ceramic Tile,Tile,Wood
  • Foundation Details: Basement
  • Heating: Central
  • Interior Features: Built-in Features,Ceiling Fans(s),Dry Bar,Eat-in Kitchen,Elevator,High Ceilings,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,PrimaryBedroom Upstairs,Solid Surface Counters,Stone Counters,Thermostat,Walk-In Closet(s),Window Treatments
  • Laundry Features: Inside
  • Levels: Three Or More
  • Living Area: 2880
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Other Equipment: Irrigation Equipment
  • Security Features: Fire Alarm,Fire Sprinkler System,Smoke Detector(s)
  • Spa: No
  • Stories Total: 3
  • Window Features: Blinds,Storm Window(s),Window Treatments

Exterior

Parking Information

  • Parking Features: Covered,Driveway,Garage Door Opener,Ground Level,Guest,Oversized,Garage

Lot Information

  • Additional Parcels: No
  • Lot Features: Landscaped,Near Marina,Near Public Transit,Sidewalk,Street Dead-End,Paved,Private
  • Lot Size Acres: 0
  • Lot Size Square Feet: 0
  • Road Surface Type: Asphalt
  • Vegetation: Mature Landscaping,Trees/Landscaped,Wooded
  • Water Source: Public

Waterfront/View

  • View: Trees/Woods,Water,Gulf/Ocean - Partial
  • Water Body Name: SARASOTA BAY
  • Waterfront Features: Pond
  • Waterfront: Yes

Building Exterior/Construction

  • Architectural Style: Traditional
  • Attached Garage: Yes
  • Construction Materials: Block,Cement Siding
  • Direction Faces: South
  • Patio And Porch Features: Covered,Rear Porch,Screened
  • Property Attached: No
  • Roof: Shingle

General Information

  • Carport: No
  • Exterior Features: Balcony,Lighting,Private Mailbox,Rain Gutters,Sliding Doors
  • Fencing: Masonry
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available,Cable Connected,Electricity Connected,Fiber Optics,Public,Sewer Connected,Underground Utilities,Water Connected

Room Information

Room: Bedroom 4

  • Level: Second
  • Dimensions: 14x11
  • Length: 11
  • Width: 14

Room: Dining Room

  • Level: Second
  • Dimensions: 17x11
  • Length: 11
  • Width: 17

Room: Kitchen

  • Level: Second
  • Dimensions: 14x11
  • Length: 11
  • Width: 14
  • Features: Cooking Island

Room: Living Room

  • Level: Second
  • Dimensions: 18x22
  • Length: 22
  • Width: 18

Room: Bedroom 2

  • Level: Third
  • Dimensions: 13x11
  • Length: 11
  • Width: 13

Room: Bedroom 3

  • Level: Third
  • Dimensions: 13x11
  • Length: 11
  • Width: 13

Room: Primary Bathroom

  • Level: Third
  • Dimensions: 16x12
  • Length: 12
  • Width: 16
  • Features: Tub with Separate Shower Stall

Room: Primary Bedroom

  • Level: Third
  • Dimensions: 14x14
  • Length: 14
  • Width: 14

515 FOREST WAY Neighborhood

Community

34228 (LONGBOAT KEY) Demographics

71
Median Age
575
Population Density (per sq. mile)
71%
College Educated
$108,015
Estimated Median Income
3,741
Estimated Total Home Owners
198
Estimated Total Renters
95% / 5%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

515 FOREST WAY Market Data

Based on the last 30 days in this zip code

$1,987,350
Average List Price
$1,018
Average Price per Square Foot
63
Properties Sold
168
Average Days on Market
415
Properties for Sale
Calculations provided by Reliance Network

515 FOREST WAY History

Date Event Value Agent
4/3/2026Source: My Florida Regional MLS Price Reduction
$1,420,000 -1.7%
3/4/2026Source: My Florida Regional MLS Price Reduction
$1,445,000 -1.7%
2/17/2026Source: My Florida Regional MLS Price Reduction
$1,470,000 -1.7%
1/23/2026Source: My Florida Regional MLS Added to Database
January 23, 2026
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022