1 of 34

Want to see this home?

531 Edlee Lane

Longboat Key, FL 34228

3 beds
2 baths
1,241 sqft
12,258 sqft lot
$604 per sqft
1963 build
– on site

Major Price Improvement – Now $750,000 (down a total of $149,000) | SELLERS SAY SELL!!!! Welcome to 531 Edlee Lane—one of the best-priced properties on all of Longboat Key, and the only one featuring a brand-new $120,000 gunite saltwater swimming pool and spa. Located on one of the few privately owned streets in this exclusive barrier island community, this property presents a rare opportunity to restore the existing home or build new in an enviable coastal setting. While the home did sustain damage during Hurricane Helene, the Town of Longboat Key has confirmed it can be restored, providing flexibility for renovation or new construction. The recently completed luxury saltwater pool and spa are fully operational, with a hurricane-resilient cage that remained intact and a completely new filtration system installed post-storm, leaving the outdoor living space in pristine, move-in-ready condition. Enjoy deeded boat launch access to Sarasota Bay, and walk just steps to the Gulf beaches, all while surrounded by custom homes in a peaceful and private neighborhood. Now offered at $750,000 ($604 per sq. ft.), this is a standout value in Longboat Key’s competitive market. The sellers are motivated, and the opportunity to own this unique property won’t last.

Listing courtesy of STELLAR_MLS / COLDWELL BANKER REALTY

Last checked: Checking… • Last updated Apr 2, 2025 •

MLS# A4637426 —

This home is listed in more than one place. See it here.

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:

0.28
Lot Size Area:

12258
Lot Size SqFt:

12258
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

Virtual Tour URL Unbranded:

https://youtu.be/_NWhIFztB-c
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
Waterview:

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

$750,000

Expense	Monthly cost
Mortgage	$4,016
Taxes	$327
Insurance	$206
Utilities	$141 See report
Total	$4,690/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
3/24/25 Mar 24, 2025	Price Changed	STELLAR_MLS	$750,000	-12.7%
3/7/25 Mar 7, 2025	Price Changed	STELLAR_MLS	$859,000	-4.4%
1/24/25 Jan 24, 2025	Listed / Active	STELLAR_MLS	$899,000	89.3% (16.1% / YR)

Want a closer look?

Go see 531 Edlee Lane

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Longboat Key, FL

Similar sold homes

This house located in Longboat Key, FL 34228 is currently for sale for $750,000. 531 Edlee Lane is a 1,241 square foot house with 3 beds and 2 baths that has been on Estately for 70 days. This house is in the attendance area of King Middle School, Bayshore High School, and Anna Maria Elementary 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.