Short Sale. STUNNING GULF FRONT RESIDENCE BEHIND THE GATES OF THE LONGBOAT KEY CLUB, W/ UNIQUELY CUSTOMIZED & FLEXIBLE FLOORPLAN...FRENCH DOORS CREATE AN OPTIONAL "SUITE" OF GUEST BDRMS 2 & 3 BUT 3RD BDRM/DEN IS ALSO SERVED BY ITS OWN FULL BATH. RES BEING SOLD BEAUTIFULLY TURN-KEY FURNISHED INCLUDING 2 NEW FLAT SCREEN TVS. WONDERFUL, OPEN, DESIGNER-UP-DATED RESIDENCE W/ GRANITE KITCHEN, SWEEPING VIEWS OF WELCOMING SUNRISES TO THE EAST FM THE "OVERSIZED" SPRAWLING SOUTHERN TERRACE ... AND ROMANTIC SUNSETS TO THE WEST FM THE SECOND LARGE TERRACE. (For Comps: As a short sale subject was under contract at a B of A negotiated $1,455,000 sale price, supported by more than 9 separate appraisals spread over 21 months in contract. Just prior to closing an out-of-area appraiser valued the residence at $1,170,000 (incorrectly as a 2 bedroom) on behalf of buyer's lender. Current federal regulations disallow "corrective or re-appraisals" for purchases. After 23 months at $1,455,000 B of A closed at the lower appraised value which contradicted 9 previous appraisals.)*Listing provided courtesy of the MLS.
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