$899,000
About this home
Prime Vacant Land Opportunity on Longboat Key! 531 Edlee Lane, Longboat Key, FL – Offered at $899,000 This is a rare chance to own and build on one of the few privately owned streets in the prestigious Longboat Key community. The property is being sold as vacant land, offering a blank canvas for designing and constructing your custom coastal retreat. While the existing structure is ready for removal, the property’s standout feature remains—a brand-new $120,000 inground gunite swimming pool and spa, complete with a hurricane-resilient cage. The pool was completed just prior to Hurricane Helene and features vibrant tilework, a spacious design, and a newly replaced filtration system, ensuring it is in pristine condition and ready for immediate use. Positioned just steps from the beach and offering deeded access to a private boat launch on Sarasota Bay, this property combines exclusivity with convenience. Generous lot dimensions provide ample space to create a luxurious new build, surrounded by custom homes in a tranquil neighborhood. For buyers and developers seeking even more potential, the adjacent property at 541 Edlee Lane (MLS #A4637254) is also available. Together, these two parcels provide over half an acre of land, offering an extraordinary opportunity for a sprawling estate or two separate homes in this highly desirable location. This is your opportunity to build on one of the most exclusive streets in Longboat Key, with unparalleled proximity to the Gulf of Mexico and Sarasota Bay.
Property details
- MLS #
- MFRA4637651
- Property type
- Land
- Subdivision
- SLEEPY LAGOON
- Status
- Active
- Days on market
- 18
- On market date
- January 25, 2025
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.28 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 533
- Student:teacher ratio
- 14.4:1
- District
- MANATEE
- Enrollment
- 1,016
- Student:teacher ratio
- 17.2:1
- District
- MANATEE
- Enrollment
- 1,385
- Student:teacher ratio
- 19.2:1
- District
- MANATEE
Walkability
Blended score for LONGBOAT KEY's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated February 12, 2025.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.