For sale Townhouse

Listed May 29, 2026

$559,900 Est. $3,703/mo

508 Forest Way

  • 2

    Beds

  • 3

    Baths

  • 1,440

    Sq ft

The story

NEW AND IMPROVED PRICE! There is a certain ease to life on Longboat Key, where mornings can begin with a walk to the beach, afternoons unfold by the pool or on the tennis court, and dinner beside the water is never far from home. Set within Cedars East at Cedars Tennis Resort & Club, this beautifully maintained three-level townhome offers a refined way to experience one of Florida’s most desirable barrier-island lifestyles. Natural light is one of the first things you notice. An abundance of windows fills the home with sunshine, creating a bright, calm, and serene atmosphere that feels perfectly suited to its coastal surroundings. New luxury vinyl plank flooring extends through the entry and main living level, giving the home a fresh, cohesive look, while carpeting along the staircase and throughout the third-floor bedroom level adds warmth and comfort to the private spaces. The second floor brings the kitchen, dining, and living areas together in an easy, welcoming flow designed for relaxed everyday living and effortless entertaining. Just beyond the living room, the screened balcony creates a peaceful outdoor retreat for morning coffee, casual dining, quiet reading, or unwinding at the end of the day. A convenient half bath completes this level. Upstairs, the primary suite offers a private ensuite bath with dual sinks and a comfortable sense of separation from the main living areas. The second bedroom features a walk-in closet and is positioned near the full guest bath and upstairs laundry closet. The washer and dryer are approximately three months old and are included with the home. Thoughtful improvements add both style and confidence, including a roof replaced in 2024, a 2024 HVAC system serviced in April 2026, updated interior paint, refreshed flooring, newer toilets, faucets, light fixtures and vents, and a new garage door. Garage parking adds welcome convenience along with room for bicycles, beach equipment, and additional storage. Life at Cedars Tennis Resort & Club is centered around the outdoors and the relaxed sophistication of Longboat Key. Enjoy tennis and pickleball, spend the afternoon by the heated community pool, stay active in the fitness facilities, or gather for a meal without leaving the neighborhood. Nearby beach access makes Gulf days easy to enjoy, while waterfront restaurants, island cafés, marinas, biking routes, and the natural beauty of Longboat Key are all close at hand. For buyers considering investment potential, the property has a strong short-term rental history and is already heavily booked from December through June 2027, offering the advantage of established demand and reservations already in place. All rentals remain subject to current association rules, approval requirements, and the terms of existing reservations. From fresh seafood and sunset dinners to quiet mornings near the shore, this location places the best of Longboat Key within easy reach. St. Armands Circle, Anna Maria Island, and the cultural attractions of Sarasota are also nearby, allowing you to enjoy the island’s peaceful atmosphere without feeling removed from everything the area has to offer. Whether envisioned as a full-time residence, seasonal retreat, or income-producing coastal getaway, this is an opportunity to enjoy thoughtful updates, abundant natural light, resort-inspired amenities, garage parking, and the unmistakable lifestyle of Longboat Key. ¤ Please see 3D Tour and Video ¤

Facts & features

Home type

Townhouse

Year built

1990

Floors

3

Price per sq ft

$389

HOA

$2,836 / quarterly

Parking

1-car garage

Included features

  • Cooling

    Central Air

  • Heating

    Electric

  • Appliances

    Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

  • Flooring

    Carpet, Luxury Vinyl, Tile

  • Roof

    Shingle

  • Lot Information

    Cul-De-Sac, Flood Insurance Required, Flood Zone, City Limits, In County, Landscaped, Level, Near Public Transit, Sidewalk, Paved

  • Exterior

    Balcony, Garden, Lighting, Rain Gutters, Sidewalk

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$3,703 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,980
  • Property tax $560
  • Insurance $163

Includes principal, interest, taxes & insurance.

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Listing Broker

KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Broker Name

KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Agent

Kevin Hanley