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$2,703,244Estimated home value

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

  • Off market
    • Price drop $45,000↓
PRIVATE LONGBOAT KEY WATERFRONT RETREAT FEATURING GULF OF MEXICO BOATING ACCESS. This 4 BED / 3.5 BATH POOL HOME spans 3,078 SQFT LIVING AREA and 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 IN 2011 by quality builder Bluewater Construction, this 2011 custom built home harmoniously blends modern design and natural beauty. The first thing you notice when you enter the GREAT ROOM are the VAULTED TOUNGE AND GROOVE CEILINGS which give the space height and texture and create that spacious OPEN CONCEPT feeling you desire. The EXQUISITE TERRAZZO FLOORS are light, bright, easy to maintain, and offers a nod to Sarasota's rich design history. The GAS FIREPLACE provides a focal point and gives warmth and character to the room. The generous use of * IMPACT RESISTANT DOORS, WINDOWS, AND SLIDERS * allows light to permeate the space and connect visually to the EXPANSIVE OUTDOOR BALCONY featuring commanding views of the LARGE SALTWATER POOL & SPA, TROPICAL MANGROVE OASIS, AND DOCK BELOW. The 7,000 LB BOAT LIFT and accompanying DOCK CONVENIENTLY FEATURES WATER AND ELECTRIC SERVICE. Jump in your boat and EXPLORE SARASOTA BAY IN MINUTES or just relax and take in the tranquil setting of your own back yard. Why leave the house when it feels like you are already living at an exclusive, private, resort destination? ESPECIALLY WHEN YOU HAVE A KITCHEN LIKE THIS! The heart of the home features CAMPBELL CUSTOM WOOD SHAKER CABINETRY, STUNNING QUARTS COUNTER TOPS, JENN-AIR SIDE BY SIDE FRIDGE, WOLF OVEN AND 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 the spot where everyone loves to gather. You will never run out of kitchen storage space with the LARGE WALK-IN PANTRY here. The DINING SPACE HAS INCREDIBLE VIEWS and is perfect for entertaining, intimate family dinners, or just watching the EGRETS, NIGHT HERONS, AND PELICANS fishing the canal below. THE PRIMARY BEDROOM boasts a 28' x 8' BALCONY RETREAT offering scenic views, WOOD FLOORS, AND A HUGE WALK-IN CLOSET THAT MAKES STORAGE A BREEZE . The ensuite bathroom includes dual vanity sinks, a glass-enclosed shower, and a free-standing tub, all designed to provide a spa-like experience. BEDROOMS #2 AND #3 are each oversized and located on a different floor lending to the home's quiet and private ambiance. BEDROOM #4 IS A 20' X 19' ATTACHED MOTHER IN-LAW-SUITE WITH A PRIVATE ENTRANCE complete with KITCHENETTE AND WALK-IN CLOSET that could also serve well as a STUDIO / DEN / GYM / OFFICE. NOTABLE FEATURES AND UPGRADES INCLUDE * ELEVATOR-READY SHAFT * CROWN MOLDING * LUTRON LIGHTING * PREMIUM REMOTE CONTROL SHADES * OVERSIZED GARAGE * BUILT-IN SPEAKERS * SOLID CORE DOORS. * METAL ROOF RATED TO 150 MPH * JUST PAINTED INSIDE AND OUT IN 2023 * NEW 5 TON AC 2023 * NEW PAVER DRIVEWAY AND WALKWAY 2022 * This unique property is MUCH MORE THAN A HOME. IT'S A LIFESTYLE.

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

Price History

09/14/2024
StellarMLS

StellarMLS #A4620988

Removed
$2,950,000
09/05/2024
StellarMLS

StellarMLS #A4620988

Price change
$2,950,000
-1.5%
09/05/2024
StellarMLS

StellarMLS #A4620988

Listed
$2,995,000

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

$1,685,549
Asking price
$2,950,000
Closing costs (~8% of asking)
-$236,000
Est. remaining loan balance
-$1,028,451
Cash to seller
$1,685,549

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

$1,028,451

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: Off Market

Tomo last checked: 09/16/2024 at 11:05 AM

Listing updated: 09/06/2024 at 6:52 AM

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

MLS: StellarMLS #A4620988

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