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$1,145,000
90 Days Online

578-580 Companion Way
Longboat Key, FL 34228

For Sale|Single Family Home|Active
3
Beds
3
Full Baths
0
Partial Baths
1,792
SqFt
$639
/SqFt
1963
Built
Subdivision:
Longboat Key
County:
Manatee

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578-580 Companion Way578-580 Companion Way578-580 Companion Way578-580 Companion Way
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Don't miss this rare, captivating, turnkey duplex with income potential nestled in the serene beauty of Longboat Key. This exquisitely renovated home offers the perfect blend of modern convenience and income potential. Just across from a deeded beach entrance, this property promises an idyllic coastal lifestyle. The versatility of this home is truly exceptional. Live on one side and rent out the other to offset expenses, or utilize one side as a private one-bedroom in-law suite with a separate entrance. As an investment, the income generating potential is currently $6, 600 per unit per month during the peak season. The flexible layout sleeps up to six on each side and allows for multiple options to maximize rental income. It is an ideal retreat for families or groups of friends seeking a beach resort escape; The fenced back yard and separate outdoor patios with barbecues offer a serene outdoor haven. Both carports have been converted to screened lanais, and each side has two off-street parking spaces as well as boat parking. More than a few high-quality restaurants are a conveniently located nearby. With an optional membership to the Cedars East complex across the street, you and/or your tenants can enjoy a junior Olympic swimming pool, fully equipped gym, tennis and pickleball courts, and bicycles. Longboat Key is renowned for its pristine, uncrowded beach, upscale amenities, and laid-back coastal lifestyle. Residents can relish the tranquility of a beachside community while being in close proximity to St. Armands Circle and Sarasota's cultural attractions, entertainment, dining, and shopping. Whether you are seeking an upgraded, turnkey furnished investment property, vacation home, or permanent residence with rental income potential, this Longboat Key gem offers the perfect balance. Don't miss this chance to own a slice of paradise on the Florida coast.

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Listing Snapshot
Price 
$1,145,000
Days Online 
90 Days
Bedrooms 
3
Inside Area (SqFt) 
1,792 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.19 Acres
Year Built 
1963
MLS® Number 
A4598090
Status 
Active
Property Tax 
$11,036
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
4 weeks agoPrice changed to $1,145,000
3 months agoListing first seen online
General Features
Style 
BungalowFlorida
Construction 
BlockStucco
Parking 
DrivewayOff Street
Sewer 
Public Sewer
Number of Stories 
1
Acreage 
0.19
Water 
Public
Security 
Smoke Detector(s)
Property Sub Type 
Single Family Residence
Utilities 
Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected
Foundation 
Slab
Zoning 
R4SF
Direction Faces 
North
Minimum Lease 
1 Month
Ownership 
Fee Simple
Parcel Number 
7930400002
Interior Features
Cooling 
Central Air
Heating 
CentralElectric
Appliances 
DishwasherDisposalDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher
Flooring 
Luxury Vinyl
Interior 
Ceiling Fans(s)Eat-in KitchenKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSplit BedroomStone CountersThermostatWindow Treatments
Laundry Features 
Inside
Window Features 
BlindsDrapes
Fireplace 
No
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Exterior Features
Roof 
Shingle
View 
Garden
Fencing 
Vinyl
Spa 
No
Waterfront Property 
No
Exterior 
GardenOutdoor GrillPrivate MailboxStorage
Lot 
Flood ZoneCity Limits
Patio And Porch 
CoveredPatioScreened
Community Features
Pets 
Yes
Township 
35
Senior Community 
No
MLS Area 
34228 - Longboat Key
Security Features 
Smoke Detector(s)
Listing courtesy of MICHAEL SAUNDERS & COMPANY 941-383-7591



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-05-01 06:35 PM EDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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