#A4629170, Steve Walter, Listing Office: MICHAEL SAUNDERS & COMPANY
Property details
About 531 Edlee Ln
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!
Highlights
Home typeOther
StatusActive
Lot size0.28 Acres
MLS #A4637651
Virtual tour
Summary
- MLS Number: A4637651
- MLS Name: MFRMLS
- Office Name: COLDWELL BANKER REALTY
- Office Phone: (941) 366-8070
- Listing Agent: Lisa Garcia
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 11:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$750,000
531 Edlee Ln
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 10, 2019 | Home Sold | $475,000 |
| Apr 11, 2005 | Home Sold | $499,000 |
| Dec 16, 2004 | Home Sold | $370,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $731,833 | $9,143 |
| 2022 | $442,398 | $7,014 |
| 2021 | $342,247 | $7,014 |
| 2020 | $313,549 | $5,373 |
| 2018 | $275,420 | $5,337 |
| 2017 | $267,977 | $4,448 |
History based on county public records data.
Nearby schools
4
Sea Breeze Elementary School
Public District PK-5
4.0 mi
•3601 71st St W
3
H. S. Moody Elementary School
Public District PK-5
4.4 mi
•5425 38th Ave W
4
Bayshore Elementary School
Public District PK-5
5.0 mi
•6120 26th St W
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $86,702. The most common annual income of people living in Longboat Key, FL is between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
24%
<35k
36%
35k-100k
21%
100k-200k
19%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
42%
Single, No Kids
1%
Single, with Kids
51%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
3%
12-17 yrs old
6%
18-34 yrs old
46%
35-64 yrs old
41%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Skiing/snowboarding
Men's Tennis
Where do the neighbors shop?
Stein Mart
BJs Wholesale Club
Bloomingdales
Where do the neighbors go to eat?
Bob Evans
Panera
Bonefish Grill
What do the neighbors drive?
Lincoln
Infiniti
Lexus
What do the neighbors listen to?
News/Talk/Information
Adult Hits- News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 531 Edlee Ln
This home is located at 531 Edlee Ln in Longboat Key, FL and zip code 34228. Features: 0 bathroom. It has been listed on Rocket Homes since January 26, 2025 and is currently priced at $750,000.
In March 2025, from all listings sold in Longboat Key, FL there were more than 1 sold above asking price, over 34 sold below and more than 6 were sold right at the asked price. Between February and March 2025, Longboat Key, FL real estate market has seen increase in the number of listings by 10%. While the average time on the market in March 2025 was 44 days, the median list price was $1,241,875.
From Rocket Homes Real Estate and based on county public records data.