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528 FOREST WAY

Condo/Co-op Active With Contract
$585,000

BTC: 9.08385093

ETH: 307.46751882

13 days
2 bds
2 ba
1,440 sqft

Overview

Under contract-accepting backup offers. Elevated, renovated, fully furnished, pet friendly, close to the beach AND a short term rental opportunity on Longboat Key?! This is the one you've been looking for! You don't have to be a tennis player to understand the value of this fabulous townhome in Cedars Tennis Club. This 2 bedroom, 2 and a half bath condo is the perfect island escape. Beautifully updated and furnished, all you’ll need to bring is your bathing suit and a toothbrush to start enjoying island life to the fullest. Add to it a short term two week rental policy, this could also be your perfect investment property. Current annual income has been around $50,000, but that also includes a lot of family enjoyment in between. New impact windows, a new roof, 2021 air conditioning units and a private garage make this condo even more appealing. Spend your days in the sun with just a short walk to the beach or the Bay. Enjoy the community swimming pool, with a fabulous tiki bar. Join the club to enjoy the fitness center and tennis privileges. Take a bike ride on 11 miles of bike paths down the island or a walk to Joan Durante Park. The cultural mecca of downtown Sarasota is just a short drive away. And don’t forget to make time to see the stunning evening sunsets. The Longboat Key lifestyle is waiting for you!

Location

Details

Type:
Residential
Parking:
Ground Level / Guest / Under Building
Year Built:
1989
Lot:
No Data
Heating:
Central
Price/sqft:
$406
Cooling:
Central Air
HOA:
$2,836

Valuation

Our model vs. what's actually selling nearby.
Estimate
$294,900
$204K – $376K
Confidence Low
List vs. estimate
$290K above estimate
List $585,000 · +98.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$406
-35.9% vs. city median $634
Based on
60 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,072
2025
HOA
$2,836/qtr
Common Area Taxes, Community Pool, Escrow Reserves Fund
Pool
Heated
View
Tennis Court
Garage
1 car garage
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Dishwasher

    • Dryer

    • Exhaust Fan

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Kitchen/Family Room Combo

    • Living Room/Dining Room Combo

    • PrimaryBedroom Upstairs

    • Stone Counters

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • Ground Level

    • Guest

    • Under Building

    Property

    • Levels: Three Or More

    • Exterior Features: Lighting / Sliding Doors / Tennis Court(s)

    Other Property Information

    • Parcel Number: 7927305651

    • Zoning: R3MX/PC

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Electricity Connected

    • Public

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • HOA: $2,836

    • HOA Frequency: Quarterly

    • Annual tax amount: $3,072

  • Source details

    • MLS ID: A4695863

    Other facts

    • Construction Materials: Stucco / Wood Siding

    • Foundation Details: Slab

    • Laundry Features: Laundry Room / Upper Level

    • Lot Features: FloodZone / City Lot / In County / Landscaped / Near Golf Course / Near Marina

    • Patio And Porch Features: Covered / Rear Porch

    • Pool Features: Heated / In Ground / Lap / Lighting

    • Direction Faces: South

    • Architectural Style: Florida

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1440

    • Water Source: Public

    • Subdivision Name: CEDARS EAST SEC 2

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: MICHAEL SAUNDERS & COMPANY