To schedule a showing of 515 Forest Way, Longboat Key, Florida, Call David Shippey at 863-521-4517 TODAY!

$1,420,000 Reduced -$25,000
515 Forest Way
Longboat Key, FL 34228
  • 4Beds
  • 3.00Total Baths
  • 3 Full, 0 HalfBaths
  • 2,880SqFt
  • 1989Year Built
  • 0.00Acres
  • MLS# A4679679
  • Residential
  • Condominium
  • Active

  • Approx Time on Market4 months, 22 days
  • Area34228 - Longboat Key
  • CountyManatee
  • Subdivision Cedars East Sec 2

Overview

NEW PRICE, AMAZING OPPORTUNITY!!! Experience the ultimate island lifestyle in this masterfully renovated 2,880 sqft, 4 Bed/3 Bath ""lock-and-leave"" condo at Cedars Tennis Resort and Club. Elevated sanctuary on the tranquil north end of Longboat Key. Offering the expansive feel of a single-family residence with the effortless ""lock-and-leave"" ease of being in the beautiful condo community of Cedars Tennis Resort and Club. This exquisite 4BR/3BA retreat defines coastal chic. A private elevator serves all three levels, opening into a sun-drenched great room with soaring ceilings, a fireplace, and a gourmet kitchen featuring dual islands and designer finishes. The refined dining room opens right off of this space with its custom built-in cabinetry and dry bar, ideal for any social gathering. Relax on your private, screened lanais overlooking lush tropical foliage and serene ponds, with peek-a-boo views of the Gulf. There is one on each living level. Rounding out the main living area is a versatile den/office (currently used as the 4th bedroom), a full third bathroom, beautiful hardwood floors throughout and a dedicated laundry room. The primary suite is a true oasis with a spa-inspired sunken bath, large walk-in shower, dual vanities and walk-in closets. Upstairs beyond the oasis of a primary there are two additional oversized guest bedrooms and a beautifully renovated guest bathroom with a walk-in shower. Recent updates beyond the full interior renovation include 2026 garage door replacements, and 2024 roof and AC replacement. Hardi- Board siding on exterior and Pella high-impact windows. The split 3-car garage provides total peace of mind and the rare abundance of space and storage. Nestled in the 66-acre village-like townhome community enveloped by nature, providing effortless access to both the beach and the bay on the beautiful north end of Longboat Key. The spacious and tropical community features lit boardwalks winding through mangroves, leading to an array of exceptional amenities including a heated Jr. Olympic Size Pool, nine Har-Tru Tennis Courts, three Pickleball courts, a Clubhouse with a Pro-Shop, a 24-hour Fitness Center, a Tiki bar, a restaurant, a fishing pier, and a kayak launch. Please note that some amenities require an additional club membership. The property is within walking distance to a variety of local attractions, such as Harry's Deli & Continental Kitchen, the true island gem that is Joan Durante Park, Euphemia Haye Restaurant & The Haye Loft, and, of course, Longboat Key's globally renowned sugary white sand beaches. Furthermore, it offers convenient proximity to other major attractions and cultural venues, including St. Armand's Circle, Mote Aquarium, the Asolo Repertory Theatre, Van Zel Performing Arts Center, Marie Selby Gardens, Anna Maria Island, the Ringling Museum complex, and numerous dining options on Longboat Key and in downtown Sarasota. Cedars East is the rare community on LBK that offers shorter-term rental allowance with its 2-week minimum, making it the perfect balance for offsetting costs when not in use, without living in a hotel community. Exceptional onsite management is in place if desired. Fantastic residence, rare opportunity, come take a look today!



Agriculture / Farm

Association Fees / Info

Community Features:  Clubhouse, CommunityMailbox, Dock, Fitness, Fishing, Pool, Restaurant, TennisCourts, Waterfront, WaterAccess, StreetLights, Sidewalks

Pets Allowed:  Yes

Hoa Frequency Rate:  5094

Association:  Yes

Association Amenities:  Clubhouse, MaintenanceGrounds, Pool, CableTv

Hoa Fees Frequency:  Quarterly

Association Fee Includes:  AssociationManagement, CableTv, Insurance, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, ReserveFund, RoadMaintenance, Sewer, Trash, Water

Bathroom Info

Total Baths:  3.00

Fullbaths:  3

Building Info

Window Features:  Blinds, StormWindows, WindowTreatments

Roof:  Shingle

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Style:  Traditional

Pool Features:  Association, Community

Patio:  RearPorch, Covered, Screened, Balcony

Exterior Features:  Balcony, SprinklerIrrigation, Lighting, RainGutters

Fees / Restrictions

Financial

Original Price:  $1,495,000

Disclosures:  CovenantsRestrictionsDisclosure

Fencing:  Masonry

Garage / Parking

Parking Features:  Covered, Driveway, Garage, GarageDoorOpener, Guest, Oversized

Attached Garage:  Yes

Garage:  Yes

Green / Env Info

Interior Features

Fireplace Desc:  FamilyRoom

Fireplace:  Yes

Floors:  Carpet, CeramicTile, PorcelainTile, Wood

Levels:  ThreeOrMore

Laundry Features:  Inside

Interior Features:  BuiltInFeatures, CeilingFans, DryBar, EatInKitchen, Elevator, HighCeilings, KitchenFamilyRoomCombo, LivingDiningRoom, OpenFloorplan, StoneCounters, SolidSurfaceCounters, UpperLevelPrimary, WalkInClosets, WindowTreatments, SeparateFormalDiningRoom

Appliances:  BuiltInOven, Cooktop, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer

Lot Info

Direction Remarks:  Gulf of Mexcio Dr. to East on Companion Way to First left on Forest Way. 515 Forest Way directly ahead.

Lot Size Units:  Acres

Vegetation:  PartiallyWooded, Wooded

Lot Desc:  DeadEnd, PrivateRoad, NearPublicTransit, BuyerApprovalRequired, Landscaped

Misc

Other

Special Conditions:  None

Security Features:  FireAlarm, FireSprinklerSystem, SmokeDetectors

Other Rooms Info

Basement:  Other

Property Info

Section:  26

Class Type:  Condominium

Property Sub Type:  Condominium

Property Condition:  NewConstruction

Construction Materials:  Block, CementSiding

Total Stories:  3

Foundation:  Basement

Human Modified:  Yes

Room Info

Total Rooms:  8

Sqft Info

Sqft:  2,880

Bulding Area Sqft:  4,536

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,025

Tax Lot:  11

Tax Legal Description:  UNITS 11 & 12, SECTION TWO CEDARS EAST CONDO PI#79273.0487/8

Tax Annual Amount:  4802

Tax Book Number:  1279-1906

Unit Info

Utilities / Hvac

Heating:  Central

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  CableConnected, ElectricityConnected, FiberOpticAvailable, HighSpeedInternetAvailable, MunicipalUtilities, SewerConnected, UndergroundUtilities, WaterConnected

Waterfront / Water

Waterfront:  Yes

Waterfront Features:  BayAccess, BeachAccess, Pond

View:  Yes

Water Body Name:  SARASOTA BAY

View:  Ocean, Pond, TreesWoods, Water

Schools

Elem:  Anna Maria Elementary

Middle:  Martha B. King Middle

High:  Bayshore High

Directions

Gulf of Mexcio Dr. to East on Companion Way to First left on Forest Way. 515 Forest Way directly ahead.

This listing courtesy of Century 21 Beggins Enterprises 

Mortgage Calculator

%
$
%
Dollars per $1000
$
Approximate Monthly Payment 0.0
Price & Status History (on davidshippey.com since Fri, Jan 23rd 2026)
  • Original Price: $1,495,000
  • Current Price: $1,420,000
  • Price Reduced: $75,000
Date ChangedFromTo
04/03/2026$1,445,000 $1,420,000 Reduced by $25,000
03/04/2026$1,470,000 $1,445,000 Reduced by $25,000
02/17/2026$1,495,000 $1,470,000 Reduced by $25,000

Broker Reciprocity The information being provided by © 2026 My Florida Regional MLS DBA Stellar MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS. XCELLENCE is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of XCELLENCE, a broker participant of My Florida Regional MLS DBA Stellar MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. MLS IDX data last updated on 06-14-2026 8:04 PM EST.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. This real estate website and IDX data is hosted by IDX data is Powered & Hosted by Dynamic IDX, LLC Real Estate Web Solutions

If you have any questions on 515 Forest Way, Longboat Key, Florida, please call David Shippey at 863-521-4517.


MLS# A4679679 located at 515 Forest Way, Longboat Key, Florida is brought to you by David Shippey REALTOR®

515 Forest Way, Longboat Key, Florida has 4 Beds, 3 Full Bath, and 0 Half Bath.
The MLS Number for 515 Forest Way, Longboat Key, Florida is A4679679.
The price for 515 Forest Way, Longboat Key, Florida is $1,420,000.
The status of 515 Forest Way, Longboat Key, Florida is Active.
The subdivision of 515 Forest Way, Longboat Key, Florida is Cedars East Sec 2.
The home located at 515 Forest Way, Longboat Key, Florida was built in 2026.