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$2,950,000

Beds
4
Baths
3.5
sq ft
3,078

705 Jungle Queen Way, Longboat Key, FL 34228

705 Jungle Queen Way

LONGBOAT KEY, FL 34228

  • 139 days on market
    • Price drop $45,000↓
MODERN LONGBOAT KEY CANAL HOME w/ RARE DEEDED BEACH EASMENT. This 4 BED / 3.5 BATH HOME is nestled on a prime SALTWATER CANAL with NO NEIGHBORS TO THE REAR and NO BRIDGES TO SARASOTA BAY. Inspired by famed local architect Mark Sultana and built by renowned builder Bluewater Construction, this quality-built custom home harmoniously blends modern design and natural beauty. The first thing you notice when you enter this residence through the DOUBLE FRNECH DOORS is the dramatic 16' TALL VAULTED TOUNGE AND GROOVE CEILINGS which give the OPEN CONCEPT GREAT ROOM volume and texture. The low-maintenance TERRAZZO FLOORS offer a nod to Sarasota's rich mid-century design history and keeps the home cooler in the summer. The GAS FIREPLACE provides a focal point and gives warmth and character to the room. * IMPACT RESISTANT DOORS, WINDOWS, AND SLIDERS * allow light to permeate the space and connect visually to the EXPANSIVE OUTDOOR BALCONY featuring commanding views of the exceptionally private TROPICAL MANGROVE OASIS, heated saltwater POOL AND SPA, and PRVATE BOAT DOCK w/ 7,000 LB LIFT. Jump in your boat and EXPLORE SARASOTA BAY IN MINUTES or just relax and take in the private tranquil nature vibes of your own backyard. Why leave the house when it feels like you are already living at an exclusive, private, resort destination? The kitchen features Campbell custom WOOD SHAKER CABINETRY, STUNNING QUARTZ COUNTER TOPS, JENN-AIR SIDE BY SIDE FRIDGE, WOLF OVEN W/ 5 BURNER INDUCTION COOK TOP, extra quiet BOSCH DISHWASHER, SUB ZERO BEVERAGE FRIDGE, and an ULINE ICE MAKER so you can create those perfect cocktails with friends. The EXPANSIVE CENTER ISLAND is a chef's dream and a central spot where everyone will love to gather. You will never run out of kitchen storage space with this LARGE WALK-IN PANTRY. The DINING ROOM offers superb views and is perfect for entertaining, intimate family dinners, or just watching the EGRETS, NIGHT HERONS, AND PELICANS fishing in the canal below. THE PRIMARY BEDROOM has a luxurious 28' x 8' BALCONY offering scenic views, WOOD FLOORS, AND A HUGE WALK-IN CLOSET. The primary bath has DUAL VANITIES, WALK-IN SHOWER, and a FREE-STANDING SOAKING TUB. Bedrooms 2 and 3 are located on a different floor from the Primary suite allowing for extra privacy. Bedroom 4 is a 20' X 19' ATTACHED MOTHER IN-LAW-SUITE w/private entrance complete with KITCHENETTE and WALK-IN CLOSET that could also serve as a STUDIO / DEN / GYM / OFFICE. Way too many features and improvements to list but here’s a few: * METAL ROOF RATED TO 150 MPH * PAINTED INSIDE AND OUT (2023) * AC (2023) * PAVER DRIVEWAY AND WALKWAY (2023) * ELEVATOR-READY SHAFT * CROWN MOLDING * LUTRON LIGHTING * SOLID CORE DOORS. * Close to St. Armand's Circle, Downtown Sarasota, PUBLIX grocery store, and EASY WALKABILIY to DEEDED BEACH ACCESS and several great restaurants including EUPHEMIA HAYE. This ULTIMATE COASTAL RETREAT is an absolute MUST SEE!

Details

Property type

Single Family Residence

Est. home value

$2,703,244

Lot size

0.24 acres

Price per sq ft

$959

Year built

2011

Annual property taxes

$44,235.56

HOA

No

Price History

01/09/2025
StellarMLS

StellarMLS #A4620988

Listed
$2,950,000
10/02/2024
StellarMLS

StellarMLS #A4620988

Removed
$2,950,000
09/20/2024
StellarMLS

StellarMLS #A4620988

Listed
$2,950,000

Schools & Community

Elementary school: 

Anna Maria Elementary

Middle school: 

Martha B. King Middle

High school: 

Bayshore High

Negotiation Insights

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

Seller could get up to

$1,693,827
Asking price
$2,950,000
Closing costs (~8% of asking)
-$236,000
Est. remaining loan balance
-$1,020,173
Cash to seller
$1,693,827

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

December 2019

Original loan amount

$1,136,000

Est. remaining balance

$1,020,173

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Danny A Meyer and Melissa M Meyer

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: 01/22/2025 at 8:05 AM

Listing updated: 01/09/2025 at 12:51 PM

Listed by: John Fevrier, RE/MAX ALLIANCE GROUP Phone #: (941) 954-5454

MLS: StellarMLS #A4620988

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