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600 JUNGLE QUEEN WAY
About This Property
enthusiasts. Permitted architectural and engineering plans are included for a custom-designed residence totaling 3,132 square feet under air, allowing construction to begin immediately. The design features 4 bedrooms, 4.5 bathrooms, open floor plan, outdoor lanai, 2 balconies, canal-facing terrace, and a 2-car garage. The balconies are perfectly positioned to capture sunrises over Sarasota Bay and stunning sunsets over the Gulf. Buyers may use the existing permitted plans or design a new residence subject to new permitting process. This listing is for the lot and permitted plans only; construction is not included in the list's price. Building cost estimates for the permitted design are available upon request. Conveniently located near Longboat Key's north-end within walking distance to several favorite restaurants, shops, and within close proximity to luxuries at St. Regis Longboat Key Resort and to golf, tennis, pickleball, boating, fishing, St. Armands Circle, and Anna Maria Island. This property offers a rare opportunity to build a custom waterfront residence in one of Florida's prestigious and premier barrier island.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2026 | Price Decreased |
$1,025,000
↓ $75K
(6.8%) | |
| Price Decreased | |||
| Apr 17, 2026 | Price Decreased |
$1,100,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Feb 16, 2026 | Listed by COMMUNITY REALTY ASSOCIATES | $1,150,000 | |
| Listed by COMMUNITY REALTY ASSOCIATES | |||
| Jun 28, 2012 | Sold | ||
| Sold | |||
| Mar 2, 2005 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017