by Global Lifestyle Properties

See Home Value
Longboat Key 34228
531 EDLEE LANE
$545,000
● House - Off Market

531 EDLEE LANE

LONGBOAT KEY, FL 34228
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,391 Ft²
$3,249
Est. Monthly

About This Property

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!
Unit Size
1,391 Ft²
Days on Market
46 days
Land Size
0.23 acres
Price per sqft
$428
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1963

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Last updated: 12 months ago (Stellar MLS #A4668744)

Price History

Date / Event Date Event Price
Dec 1, 2025 Sold
Sold
Oct 25, 2025 In contract -
In contract
Oct 16, 2025 Listed by CENTURY 21 BEGGINS ENTERPRISES $595,000
Listed by CENTURY 21 BEGGINS ENTERPRISES
Sep 3, 2025 Price Decreased $609,995
↓ $15K (2.4%)
Price Decreased
Aug 18, 2025 Price Decreased $624,995
↓ $10K (1.6%)
Price Decreased
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Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 3
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 4
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 304
  • Parking Space Count: 3
  • Patio Type: 79
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 113

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,617
  • Gross Building Area: 2,617
  • Building Area: 1,241
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,241
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SLEEPY LAGOON
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: PART OF LOTS 14A & 15A, SLEEPY LAGOON SUB, MORE PARTICULARLY DESC AS FOL; BEG AT THE NW COR OF LOT 15A, SLEEPY LAGOON SUB; THENCE RUN E A DIST OF 392.66 FT FOR A POB, THENCE CONT

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001705

Zoning

  • Zoning: LBK_R-3SF

Geography

  • Assessors Map Reference: 35B
  • Subdivision Tract Number: 07835900
  • Parcel: 78398-0000-5
  • Lot: 15A
  • Meridian: SEC 23 TWN 35S RNG 16E
  • Municipality: LONGBOAT KEY
  • Latitude: 27.4249
  • Longitude: -82.6712

    Address

  • Full Address: 531 Edlee Ln
  • Address - House Number: 531
  • Address - Street Name: Edlee
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Longboat Key
  • Carrier Code: C007
  • 4-Digit Zip Code: 1506
  • Zip Code: 34228

Valuation

    Tax

  • Total Area: 922
  • Tax Year: 2022
  • Tax Amount: $701,457
  • Tax Rate Code Area: 226

    Appraisal Valuation

  • Standard Deviation: 0.1789
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 783,119
  • High Value: 923,261
  • Low Value: 642,976

    Market Valuation

  • Market Total Value: $731,833
  • Market Land Value: $340,000
  • Market Improvement Value: $391,833

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $731,833
  • Assessed Land Value: $340,000
  • Assessed Improvements Value: $391,833

    Sales

  • Current Sale Contract Date: Jul 08, 2019
  • Current Sale Recording Date: Jul 10, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201941066963
  • Previous Sale Recording Date: Apr 11, 2005
  • Previous Sale Contract Date: Apr 05, 2005
  • Previous Sale Amount: $499,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Longboat Key


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Nearby Rentals

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Unit for rent at 92 Tidy Island Boulevard, BRADENTON, FL, 34210

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Unit for rent at 535 Forest Way, FL, 34228

$6,900 /mo

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535 Forest Way, FL, 34228 Listing by Andy Moore


Frequently Asked Questions

When was property at 531 Edlee Lane built and last sold?
The property at 531 Edlee Lane was built in 1963 and last sold on Jul 8, 2019 for $475,000.
How much is this home worth?
The estimated value of the home located at 531 Edlee Lane is $0.
What are some comparable homes to 531 Edlee Lane?
There are currently no comparable homes to 531 Edlee Lane.