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$750,000

Beds
3
Baths
2.0
sq ft
1,241

531 Edlee Ln, Longboat Key, FL 34228

531 Edlee Ln

LONGBOAT KEY, FL 34228

  • 66 days on market
    • Price drop $109,000↓
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.

Details

Property type

Single Family Residence

Est. home value

$860,062

Lot size

0.28 acres

Price per sq ft

$605

Year built

1963

Annual property taxes

$3,925

HOA

No

Price History

03/24/2025
StellarMLS

StellarMLS #A4637426

Price change
$750,000
-12.69%
03/07/2025
StellarMLS

StellarMLS #A4637426

Price change
$859,000
-4.45%
01/24/2025
StellarMLS

StellarMLS #A4637426

Listed
$899,000
+89.26%

Schools & Community

Elementary school: 

Anna Maria Elementary

Middle school: 

Martha B. King Middle

High school: 

Bayshore High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of New Hampshire

Loan start date

July 2019

Original loan amount

$427,500

Est. remaining balance

Not provided

Interest rate

3.87%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Christopher L Laurent and Donna C Laurent

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/31/2025 at 5:45 PM

Listing updated: 03/26/2025 at 1:14 PM

Listed by: Lisa Garcia, COLDWELL BANKER REALTY Phone #: (941) 366-8070

MLS: StellarMLS #A4637426

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