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531 Edlee Ln
For Sale $699,000 ($563.26 per Sq Ft)
$699,000 ($563.26 per Sq Ft)
- 3 Bedrooms
- 2 Bathrooms
- 1,241 Sq Ft
- 12,258 Sq Ft
Description
Now Offered at $699,000 | Massive Price Drop | Investor & Builder Opportunity – Sellers Say SELL!
Welcome to 531 Edlee Lane—now $200,000 below original list price, this is one of the best values on Longboat Key and ideal for builders or investors seeking a quick-close opportunity. Located on a private street with no HOA, just a 4-minute walk to the beach, this property offers the rare flexibility to restore the existing structure or tear down and build new in an exclusive coastal setting.
Already in place is a brand-new $120,000 gunite saltwater pool and spa, paired with a hurricane-rated enclosure and new filtration system—delivering a fully completed luxury outdoor living space—ready to incorporate into the updated home or future build. Roof is 2019.
Enjoy deeded boat launch access to Sarasota Bay, generous lot dimensions at .28 acres, and a quiet neighborhood surrounded by custom homes.
Property is priced to reflect current market conditions. Sellers are seeking strong offers with preference for a clean, cash closing.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $699,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,241 |
| Number of Stories | 0 stories |
| Parking Spots | 2 spots |
| Year Built | 1963 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7839800005 |
| MLS # | A4637426 |
| Property ID | 319094010 |
| Lot Sqft | 12,258 |
| Zoning | R3SF |
| Days on Market | 148 |
| Original List Price | $899,000 |
| Applicances | None% |
| Date Updated | June 03, 2025 |
| Date Created | January 23, 2025 |
Listing Provided By
Lisa Garcia an agent of . Lic #3479438
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of June 03, 2025 The information being provided is 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.
Robert Crawford
REAL ESTATE AGENT