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$950,000

Beds
4
Baths
3.0
sq ft
2,242

651 Jungle Queen Way, Longboat Key, FL 34228

651 Jungle Queen Way

LONGBOAT KEY, FL 34228

  • 111 days on market
    • Price drop $130,000↓
* * DO NOT MISS OUT ON THIS LONGBOAT SPECIAL * * MULTIPLE USES ARE AVAILABLE TO YOU * * Presently set up as a 3 bedroom / 2 bathroom / 2 car garage home with a formal living room. Completely updated kitchen that provides access to a family room and attached reading room. Oversized 2 car garage with a FULL INLAW SUITE above the garage. INLAW SUITE has a huge living room. Kitchen that opens to dinette. One bedroom and a one bathroom. It has two separate entrances (one from inside home and one with direct access to outside). Large balcony off the living room. FOR THE DEVELPOER - Large quarter acre lot that is 123' wide. Lots of space to build that dream home. Previous marketing indicates private deeded beach access (this statement is not warranted and buyer needs to verify). EVERYONE WANTS TO LIVE ON LONGBOAT KEY. This is paradise at its best! Multiple golf courses on the island and easy access to more on the mainland. Go north and enjoy Bradenton Beach and Anna Maria and all that they have to offer. Go south and enjoy St. Armands Circle or Downtown Sarasota. All of the shopping and restaurants you could want! If you are a boater, multiple marinas locally to handle all of your boating needs.

Details

Property type

Single Family Residence

Est. home value

$1,037,804

Lot size

0.25 acres

Price per sq ft

$424

Year built

1974

Annual property taxes

$18,806.61

HOA

No

Price History

11/12/2024
StellarMLS

StellarMLS #U8252397

Price change
$950,000
-12.04%
11/08/2024
StellarMLS

StellarMLS #U8252397

Price change
$1,080,000
-9.99%
10/17/2024
StellarMLS

StellarMLS #U8252397

Listed
$1,199,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Lenuvent Spv 1 Llc

Loan start date

May 2022

Original loan amount

$985,000

Est. remaining balance

Not provided

Interest rate

4.72%

Loan type

Commercial

Seller

Blue International Group Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 3:20 PM

Listing updated: 11/12/2024 at 3:03 PM

Listed by: Matthew Brashear, RE/MAX ELITE REALTY Phone #: (727) 785-7653

MLS: StellarMLS #U8252397

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