LONGBOAT KEY, FL 34228 531 EDLEE LANE
$750,000



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Presented By: COLDWELL BANKER REALTY with 941-366-8070. - 941-366-8070
Home Details
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!
Presented By: COLDWELL BANKER REALTY with 941-366-8070. - 941-366-8070
Interior Features for 531 EDLEE LANE
Bathrooms
Total Baths
General for 531 EDLEE LANE
Additional Parcels Y/NNo
Building Area Unitssquare feet
Citylongboat key
Countymanatee
Current Useresidential
Directionsfrom downtown sarasota, take the john ringling causeway west toward st. armands circle. continue straight onto north boulevard of the presidents, crossing over the bridge to longboat key. once on longb
Elementary Schoolanna maria elementary
Facing Directionsouth
Flood Zone Codeae
HOANo
High Schoolbayshore high
Legal Descriptionpart 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 e a dist of 100 ft; then
Living Area Unitssquare feet
Lot Size Square Feet12258
Lot Size Unitssquare feet
MLS Area34228 - longboat key
Middle/Junior High Schoolmartha b. king middle
ModificationTimestamp2025-03-24t19:57:06.183z
Ownershipfee simple
Property Typeland
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namesleepy lagoon
Tax Annual Amount3925
Tax Lot15a
Tax Year2024
Utilitiescable available, electricity available, public, sewer available, water available
Virtual TourClick here
Water Access Typebay/harbor, intracoastal waterway
Water Access Y/NYes
Water View Y/NNo
Waterfront Y/NNo
Zoningr3sf
Exterior for 531 EDLEE LANE
Fencingfenced
Lot Dimensions100 x 122.58
Lot Featuresbuildable, cul-de-sac, level
Lot Size Acres0.28
Lot Size Area12258
Road Frontage Typeprivate road, street unpaved
Road Responsibilityprivate maintained road
Road Surface Typeunimproved, gravel
Vegetationoak trees, trees
Water Sourcepublic
Additional Details
Price History
Schools
Middle School
Martha B. King Middle
High School
Bayshore High
Elementary School
Anna Maria Elementary

Oswald Powell
Realtor