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!
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!
Property Details
Price:
$750,000
MLS #:
A4637651
Status:
Active
Beds:
0
Baths:
0
Address:
531 EDLEE LANE
Type:
Land
Subdivision:
SLEEPY LAGOON
Neighborhood:
34228 – Longboat Key
City:
LONGBOAT KEY
Listed Date:
Jan 25, 2025
State:
FL
ZIP:
34228
Lot Size:
12,258 sqft / 0.28 acres (approx)
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
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Schools
Elementary School:
Anna Maria Elementary
Middle School:
Martha B. King Middle
High School:
Bayshore High
Interior
Exterior
Financial
Tax Year
2024
Taxes
$3,925
Map
Community
- Address531 EDLEE LANE LONGBOAT KEY FL
- SubdivisionSLEEPY LAGOON
- CityLONGBOAT KEY
- CountyManatee
- Zip Code34228
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531 EDLEE LANE
LONGBOAT KEY, FL
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