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Under contract-accepting backup offers. Rare Turn-Key Gem in Cedars East | Proven $55k+ Annual Income!
Experience the ultimate in coastal luxury and investment savvy in this stunning, fully furnished 3-level retreat. Nestled within the lush, sought-after Cedars East community, this 2-bedroom, 2-bathroom home is a proven performer, having generated over $55, 000 in short-term rental income in 2025 alone. Whether you are looking for a lucrative addition to your portfolio or a seamless move into your dream primary residence, this property is truly "turn-key"—every piece of stylish furniture and essential household item is included. Simply bring your suitcase and start living the Longboat Key lifestyle from day one.
The thoughtful layout begins with an oversized attached garage on the first floor, providing ample space for vehicles and beach gear. Ascend to the second level to find an entertainer's dream: an expansive open-concept kitchen featuring sleek bamboo cabinetry, convenient pull-out drawers, and a central cooking island with bar seating. The living and dining areas flow effortlessly from the kitchen, anchored by a unique illuminated feature wall that adds a touch of modern sophistication. On the third floor, privacy and views take center stage. The primary suite serves as a serene sanctuary overlooking tranquil wooded vistas, while the front guest bedroom offers picturesque views of the sparkling community pool.
Beyond your front door, Cedars East offers a resort experience without the extra membership fees. Spend your days lounging by the Junior Olympic-sized pool, strolling the scenic boardwalks through the mangroves, or casting a line off the bayside fishing pier. For the active resident, the world-class Cedars East Tennis Club is just steps away, featuring 10 Har-Tru courts and professional instruction. You are perfectly positioned just minutes from the pristine sands of Longboat Key, the upscale shopping of St. Armand’s Circle, and the cultural heartbeat of Sarasota, including the Ringling Museum and Mote Marine.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$589,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $471,200 | $471,200 | $471,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | $293 | $293 | $293 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,822 | $2,940 | $3,848 |
| Total Monthly Payment | $3,207 | $3,325 | $4,233 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.