539 FOREST WAY #539

Property Details

Description

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.

Facts & Costs

Property type

Condominium

Year built

1990

Stories

3

Garage

1 spaces

Half baths

1

Price per sq ft

$444

Days on market

7

Private pool

No

Waterfront

No

Community

Cedars East

Subdivision

CEDARS EAST SEC 2

County

Manatee

Flood zone

AE

Monthly & yearly costs

Property taxes

$3,954 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating

Central, Electric

Cooling

Central Air

Flooring

Luxury Vinyl, Tile

Roof

Shingle

Construction

Block, Cement Siding, Frame

Parking

Common, Driveway, Garage Door Opener, Ground Level, Guest, Open, Oversized

View

Tennis Court, Trees/Woods

Payment Estimate

$3,561 / month

Principal & interest

$3,231

Property taxes

$330

HOA

$0

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Dishwasher
• Disposal
• Dryer
• Electric Water Heater
• Microwave
• Range
• Refrigerator
• Washer
• Ceiling Fans(s)
• High Ceilings
• Living Room/Dining Room Combo
• Open Floorplan
• PrimaryBedroom Upstairs
• Solid Surface Counters
• Split Bedroom
• Stone Counters
• Thermostat
• Window Treatments
• Balcony
• Lighting
• Rain Gutters
• In Ground