About 531 Edlee Lane
Now Offered at $699,000 | Massive Price Drop | Investor & Builder Opportunity – Sellers Say SELL! Welcome to 531 Edlee Lane—now $200,000 below original list price, this is one of the best values on Longboat Key and ideal for builders or investors seeking a quick-close opportunity. Located on a private street with no HOA, just a 4-minute walk to the beach. Already in place is a brand-new $120,000 gunite saltwater pool and spa, paired with a hurricane-rated enclosure and new filtration system—delivering a fully completed luxury outdoor living space—ready to incorporate into the updated home or future build. Enjoy deeded boat launch access to Sarasota Bay, generous lot dimensions at .28 acres, 12,258 sq ft lot east of Gulf of Mexico Drive | R-SF4 zoning, and a quiet neighborhood surrounded by custom homes. Property is priced to reflect current market conditions. Sellers are seeking strong offers with preference for a clean, cash closing.
Features of 531 Edlee Lane
| MLS® # | A4637651 |
|---|---|
| Price | $699,000 |
| Bathrooms | 0.00 |
| Acres | 0.28 |
| Type | Land |
| Sub-Type | Land |
| Status | Active |
| HOA Fees | $0 |
| Has CDD | N |
| Property Taxes | $3,925 |
Community Information
| Address | 531 Edlee Lane |
|---|---|
| Area | Longboat Key |
| Subdivision | SLEEPY LAGOON |
| City | LONGBOAT KEY |
| County | Manatee |
| State | FL |
| Zip Code | 34228 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Buildable, Cul-De-Sac, Level, Private, Unpaved |
|---|
School Information
| Elementary | Anna Maria Elementary |
|---|---|
| Middle | Martha B. King Middle |
| High | Bayshore High |
Additional Information
| Date Listed | January 25th, 2025 |
|---|---|
| Days on Market | 138 |
| Zoning | R3SF |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | COLDWELL BANKER REALTY |
|---|