Address578-580 Companion Way, LONGBOAT KEY, FL, 34228
Price$1,145,000
- 3 Beds
- 3 Baths
- Residential
- 1,792 SQ FT
- Built in 1963
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.
Essential Information
- MLS® #A4598090
- Price$1,145,000
- Bedrooms3
- Bathrooms3.00
- Full Baths3
- Square Footage1,792
- Acres0.19
- Price/SqFt$639 USD
- Year Built1963
- TypeResidential
- StyleBungalow, Florida
- StatusActive
Community Information
- Address578-580 Companion Way
- AreaLongboat Key
- SubdivisionLONGBOAT KEY
- CityLONGBOAT KEY
- CountyManatee
- StateFL
- Zip Code34228
Sub-Type
Residential, Single Family Detached
Interior Features
Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Window Treatments
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Exterior Features
Garden, Outdoor Grill, Private Mailbox, Storage
Amenities
- ParkingDriveway, Off Street
- ViewGarden
Interior
- HeatingCentral, Electric
- CoolingCentral Air
- # of Stories1
Exterior
- Lot DescriptionFloodZone, City Limits
- RoofShingle
- FoundationSlab
Additional Information
- Date ListedFebruary 1st, 2024
- Days on Market110
- ZoningR4SF
Listing Details
- OfficeMICHAEL SAUNDERS & COMPANY
Price Change History for 578-580 Companion Way, LONGBOAT KEY, FL (MLS® #A4598090)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,195,000 to $1,145,000 |
Similar Listings To: 578-580 Companion Way, LONGBOAT KEY
Community Listings
- 6489 Gulfside Road
- 6603 Gulfside Road
- 6351 Gulf Of Mexico Drive
- 6680 Gulf Of Mexico Drive
- 500 Harbor Cove Circle
- 60 Lighthouse Point Drive
- 6877 Gulf Of Mexico Drive
- 2251 Gulf Of Mexico Drive 203
- 2251 Gulf Of Mexico Drive 204
- 757 Hideaway Bay Drive
- 500 Harbor Point Road
- 4651 Gulf Of Mexico Drive 402
- 4651 Gulf Of Mexico Drive 303
- 585 Gunwale Lane
- 551 Putter Lane
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than NV Realty Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.