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531 Edlee Lane

Longboat Key, FL 34228

3 beds
2 baths
1,241 sqft
10,001 sqft lot
$724 per sqft
1963 build
– on site

531 Edlee Lane, Longboat Key, FL – Offered at $899,000 Discover a rare opportunity to build your dream home on one of the few privately owned streets in the highly sought-after Longboat Key community. This property is being sold as a tear-down, offering a blank canvas for your custom coastal retreat. The standout feature of this property is the brand-new $120,000 inground gunite swimming pool and spa, complete with a hurricane-resilient cage. Completed just prior to Hurricane Helene, the pool and spa feature vibrant tilework, a spacious design, and a newly replaced filtration system, ensuring they are in pristine condition and ready for immediate enjoyment. Perfectly situated just steps from the beach and offering deeded access to a private boat launch on Sarasota Bay, this property combines convenience with exclusivity. Generous lot dimensions provide ample space to design and construct a custom luxury home, surrounded by other distinguished residences. For an even more extraordinary opportunity, the adjacent property at 541 Edlee Lane (MLS #A4637254) is also available for purchase. Together, these two parcels create the option to own just over half an acre of land, offering incredible potential for a sprawling estate or two separate homes in this private and tranquil neighborhood. Don’t miss your chance to own a property on one of the few private roads in Longboat Key, with unparalleled proximity to the Gulf of Mexico and Sarasota Bay.

Listing courtesy of STELLAR_MLS / COLDWELL BANKER REALTY

Last checked: Checking… • Last updated Jan 24, 2025 •

MLS# A4637426 —

The Building

Year Built:

1963
New Construction:

false
Architectural Style:

Coastal
Construction Materials:

Block
Levels:

One
Roof:

Shingle
Foundation Details:

Block
Building Area Total:

1241
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ninguno
Flooring:

Ceramic Tile
Fireplace:

false

Room Dimensions

Living Area:

1241
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From 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 Longboat Key, turn right onto Gulf of Mexico Drive (SR 789) and follow it north for approximately 9 miles. As you approach Edlee Lane, you’ll notice a 45 mph speed limit sign shortly before the turn. Turn right onto Edlee Lane; 541 Edlee Lane will be on your left.
Latitude:

27.42483
Longitude:

-82.671189
Coordinates:

-82.671189, 27.42483

The Property

Parcel Number:

7839800005
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Features:

FloodZone
Lot Size Acres:

0.23
Lot Size Area:

10001
Lot Size SqFt:

10001
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

R3SF
Direction Faces:

South
View:

Garden
View:

true
Exterior Features:

Outdoor Shower
Fencing:

Fenced
Water Source:

Public
Road Responsibility:

Private Maintained Road
Road Surface Type:

Unimproved
Road Frontage Type:

Street Dead-End
Flood Zone Code:

AE
Flood Zone Panel:

12081C0291F
Additional Parcels:

false
Homestead:

true
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

15A
Tax Legal Description:

PART 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; THENCE RUN S A DIST OF 122.58 FT; TH RUN W A DIST O F 100 FT; THENCE RUN N A DIST OF 122.58 FT TO THE POB; SUBJ TO AN EASMT FOR AN ACCESS RD, BEING THE S 22.58 FT OF
Tax Book Number:

7-14
Tax Annual Amount:

3925

Beds

Bedrooms Total:

3

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

None
Heating:

false
Cooling:

None
Cooling:

false

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Appliances:

None
Laundry Features:

None

Schools

Elementary School:

Anna Maria Elementary
Middle Or Junior School:

Martha B. King Middle
High School:

Bayshore High

The Community

Subdivision Name:

SLEEPY LAGOON
Senior Community:

false
Water View:

false
Water Access:

Bay/Harbor
Water Access:

true
Water Extras:

Boat Ramp - Private
Waterfront:

false
Spa:

true
Spa Features:

Heated
Pool Private:

true
Pool Dimensions:

13x26
Pool Features:

Gunite
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

true
Carport Spaces:

2
Covered Spaces:

2

Monthly cost estimate

Asking price

$899,000

Expense	Monthly cost
Mortgage	$4,813
Taxes	$327
Insurance	$247
Utilities	$141 See report
Total	$5,528/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
1/24/25 Jan 24, 2025	Listed / Active	STELLAR_MLS	$899,000	89.3% (16.1% / YR)
7/8/19 Jul 8, 2019		STELLAR_MLS	$475,000	-4.8% (-0.3% / YR)
4/6/05 Apr 6, 2005		STELLAR_MLS	$499,000

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This house located in Longboat Key, FL 34228 is currently for sale for $899,000. 531 Edlee Lane is a 1,241 square foot house with 3 beds and 2 baths that has been on Estately for 0 days. This house is in the attendance area of Bayshore High School, Anna Maria Elementary School, and King Middle School.

Listing Courtesy of: STELLAR_MLS and COLDWELL BANKER REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.