For sale Townhouse

Listed Sep 14, 2026

$619,000 Est. $4,094/mo

539 Forest Way #539

  • 2

    Beds

  • 3

    Baths

  • 1,440

    Sq ft

The story

  • Pool

Second-home buyers and investment-minded buyers, take note. This beautifully furnished, turnkey residence at Cedars East on Longboat Key offers the rare combination of a polished coastal retreat, an established rental history, and meaningful upside potential. The home has generated approximately $50,000 in average annual rental payout revenue, after Airbnb and VRBO fees, providing a proven income history while maintaining the flexibility of up to 26 rental opportunities a year—an unusually flexible arrangement for Longboat Key. The owners have invested more than $130,000 in upgrades and improvements since 2021, creating a home that is not simply rental-ready, but thoughtfully maintained and continually enhanced. The current owners have created a home designed to deliver an exceptional guest experience. The sale includes the home's high-quality furnishings, top-of-the-line kitchenware—including All-Clad cookware—solid dishware, premium beach equipment and carefully selected décor. The result is reflected in the property's rental reputation, with more than 40, 5-Star Airbnb reviews from previous guests. Positioned near the front of Cedars East, the residence offers more convenient access to the Gulf beaches than many locations within the community and is next to the Longboat Key bike path. Inside, the 1,440-square-foot, two-bedroom, 2½-bath residence features an open living and dining area, a large garage, and a private, wooded outlook from the living room and lanai. The lush greenery creates a wonderfully private, almost treehouse-like setting—a peaceful contrast to the Gulf just moments away. Residents of Cedars East enjoy a resort-style setting with HOA amenities including the community pool, kayak and paddle board launch, fishing pier, cable, water, sewer, trash and pest control.Optional membership at the Cedars Tennis Resort & Club provides access to additional tennis, pickleball and fitness amenities. Whether you're looking for a beautifully finished Longboat Key retreat, a second home that can generate income, or a turnkey vacation property with an established rental history, this residence offers a compelling combination of lifestyle and flexibility. Come experience The Longboat Key Life.

Facts & features

Home type

Townhouse

Year built

1990

Floors

3

Price per sq ft

$430

Parking

1-car garage

Included features

  • Pool

    Yes

  • Cooling

    Central Air

  • Heating

    Central, Electric

  • Appliances

    Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

  • Flooring

    Luxury Vinyl, Tile

  • Roof

    Shingle

  • Lot Information

    Cul-De-Sac, Landscaped, Level, Street Dead-End, Paved

  • Exterior

    Balcony, Lighting, Rain Gutters

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$4,094 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,295
  • Property tax $619
  • Insurance $181

Includes principal, interest, taxes & insurance.

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Listing Broker

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Broker Name

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Agent

Sharon Austin