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Active - Townhouse for sale

539 FOREST WAY UNIT 539, Longboat Key, FL

2 bds|2 bth + 1 half|1,440 sqft

Facts & features

Townhouse Property type
60 days on Beycome
1990 Year built
$430 Price/Sqft.
1 car garage Parking

Why you’ll love it

Second-home buyers and investment-minded buyers, take note. This beautifully furnished, turnkey residence at Cedars East on Longboat Key offers the rare combination of a polished coastal retreat, an established rental history, and meaningful upside potential. The home has generated approximately $50,000 in average annual rental payout revenue, after Airbnb and VRBO fees, providing a proven income history while maintaining the flexibility of up to 26 rental opportunities a year—an unusually flexible arrangement for Longboat Key. The owners have invested more than $130,000 in upgrades and improvements since 2021, creating a home that is not simply rental-ready, but thoughtfully maintained and continually enhanced. The current owners have created a home designed to deliver an exceptional guest experience. The sale includes the home's high-quality furnishings, top-of-the-line kitchenware—including All-Clad cookware—solid dishware, premium beach equipment and carefully selected décor. The result is reflected in the property's rental reputation, with more than 40, 5-Star Airbnb reviews from previous guests. Positioned near the front of Cedars East, the residence offers more convenient access to the Gulf beaches than many locations within the community and is next to the Longboat Key bike path. Inside, the 1,440-square-foot, two-bedroom, 2½-bath residence features an open living and dining area, a large garage, and a private, wooded outlook from the living room and lanai. The lush greenery creates a wonderfully private, almost treehouse-like setting—a peaceful contrast to the Gulf just moments away. Residents of Cedars East enjoy a resort-style setting with HOA amenities including the community pool, kayak and paddle board launch, fishing pier, cable, water, sewer, trash and pest control.Optional membership at the Cedars Tennis Resort & Club provides access to additional tennis, pickleball and fitness amenities. Whether you're looking for a beautifully finished Longboat Key retreat, a second home that can generate income, or a turnkey vacation property with an established rental history, this residence offers a compelling combination of lifestyle and flexibility. Come experience The Longboat Key Life.

Translating description...

Listings courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY as distributed by MLS GRID.

Listed by: Sharon Austin • sharon.austin@premiersir.com • PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-listed by: PREMIER SOTHEBY'S INTERNATIONAL REALTY

Source: Stellar MLS as distributed by MLS GRID, MLS#: A4706129 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

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Affordability

$400,000$835,000
1%20%
0%90%
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Estimated monthly payment

$3,460/mo

  • Mortgage$3,130
  • Property tax$330
  • HOA fee
  • Homeowners insurance
Due at closing$492,105
Down payment held in escrow$123,800
Closing costs$9,285
beycome credit Est.$12,380

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Cedars East Sec 2

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 9 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$619,000 Listed price

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