531 EDLEE LN Longboat Key, FL 34228
0.28 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Sleepy Lagoon
MLS Listing ID A4637651
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $3,925
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 100x122.58
Property Sub-Type Residential
Property Description
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!
Location
State FL
County Manatee
Community Sleepy Lagoon
Zoning R3SF
Exterior
Fence Fenced
Utilities Available Cable Available, Electricity Available, Public, Sewer Available, Water Available
Water Access Yes
Water Access Desc Bay/Harbor,Intracoastal Waterway
Building
Lot Description Buildable, Cul-De-Sac, Level, Private, Unpaved
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Schools
Elementary Schools Anna Maria Elementary
Middle Schools Martha B. King Middle
High Schools Bayshore High
Others
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://youtu.be/_NWhIFztB-c
