This home located at 636 Jungle Queen Way recently sold for $397,000. This was a short sale on Longboat Key. It has 5 bedrooms, 3 bathrooms, 2,582 square feet and located on a canal. Sounds like a pretty good deal to me. This home went under contract 8/5/2009 and finally closed 1/25/2010. It took roughly 6 months to get this short sale closed.

Longboat Key Short Sale

Short Sale- Rare opportunity to own two deep water canal front boat docks with this two family duplex on Longboat Key with deeded beach access. One unit is a 3bdrm/2 bath with a  fireplace and the second unit is 2 bdrm/1 bath with a fireplace. This duplex has a two car attached garage in the middle of building to create privacy for each unit. This concrete building is in nice condition, beautifully landscaped and well maintained. This is a great opportunity to collect and rent and live here too. No bridges to the bay. There is a tenant on a month to month lease that has occupied the 3 bedroom unit for over 5 years and currently pays $1,300 per month rent.

Give me a call at 941.812.6272 if I can help you buy a home on Longboat Key. Visit my Longboat Key homes for sale page to view hundreds of home for sale on the island.