1 of 28

Want to see this property?

531 Edlee Lane

Longboat Key, FL 34228

– beds
– baths
– sqft
12,258 sqft lot
– on site

Land Opportunity with Brand-New $120,000 Pool & Spa | Now Offered at $750,000 (total price improvement of $149,000) 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!

Listing courtesy of STELLAR_MLS / COLDWELL BANKER REALTY

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

MLS# A4637651 —

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

The Building

Building Area Units:

Square Feet

Room Dimensions

Living Area Units:

Square Feet

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:

Land
Lot Features:

Buildable
Lot Size Acres:

0.28
Lot Size Area:

12258
Lot Size SqFt:

12258
Lot Size Dimensions:

100 x 122.58
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

R3SF
Current Use:

Residential
Direction Faces:

South
View:

false
Fencing:

Fenced
Vegetation:

Oak Trees
Water Source:

Public
Road Responsibility:

Private Maintained Road
Road Surface Type:

Unimproved
Road Frontage Type:

Private Road
Flood Zone Code:

AE
Flood Zone Panel:

12081C0291F
Additional Parcels:

false
Price Per Acre:

2678571

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

The Listing

Virtual Tour URL Unbranded:

https://youtu.be/_NWhIFztB-c
Special Listing Conditions:

None

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Schools

Elementary School:

Anna Maria Elementary
Middle Or Junior School:

Martha B. King Middle
High School:

Bayshore High

The Community

Subdivision Name:

SLEEPY LAGOON
Waterview:

false
Water Access:

Bay/Harbor
Water Access:

true
Water Extras:

Boat Ramp - Private
Waterfront:

false
Association:

false
Ownership:

Fee Simple

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

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%
1/25/25 Jan 25, 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 land located in Longboat Key, FL 34228 is currently for sale for $750,000. 531 Edlee Lane is a – square foot land with – beds and – baths that has been on Estately for 76 days. This land is in the attendance area of Bayshore High School, King Middle 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.