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578-580 Companion Way Longboat Key FL 34228 MLS A4598090

$1,145,000

Reduced By $50,000
last change 4/4/2024

Photo one of 578-580 Companion Way Longboat Key FL 34228 | MLS A4598090
578-580 Companion Way
Longboat Key, FL 34228 MLS# A4598090
  • Bedrooms

    3

  • Baths

    3

  • Sq. Feet

    1792

  • Year Built

    1963

  • Days On Market

    89

  • $/SqFt

    $639

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Home Description: 578-580 Companion Way

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.

  • Private Pool: False
  • Water Feet: 0
  • Water Access: Beach - Access Deeded,Gulf/Ocean
  • 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
  • Floor Covering: Luxury Vinyl
  • Florida Room Features: Ceiling Fan(s)
  • Kitchen Features: Breakfast Bar,Pantry,Stone Counters
  • Florida Room Features: Ceiling Fan(s)
  • Kitchen Features: Island,Pantry,Stone Counters
  • Living Room Features: Ceiling Fan(s)
  • Additional Rooms: Inside Utility,Interior In-Law Suite w/Private Entry
  • Architectural Style: Bungalow,Florida
  • Exterior Features: Garden,Outdoor Grill,Private Mailbox,Storage
  • Exterior Contruction: Block,Stucco
  • Foundation: Slab
  • Front Exposure: North
  • Roof: Shingle
  • Building Sqft: 2432

Available now at $1,145,000

Approximate Room Sizes / Descriptions

Florida Room10x20FirstConcrete
Kitchen9x20First
Living Room13x15FirstLuxury Vinyl
Florida Room10x20FirstConcrete
Family Room10x20FirstLuxury Vinyl
Kitchen9x20FirstLuxury Vinyl
Living Room13x15FirstLuxury Vinyl
Bedroom 310x20FirstLuxury Vinyl
Bedroom 210x13FirstLuxury Vinyl
Primary Bedroom10x13FirstLuxury Vinyl
  • Garage: False
  • Garage Spaces: 0
  • Garage Feature: Driveway,Off Street
  • Carport: False
  • Carport Spaces: 0
  • Air Conditioning: Central Air
  • Heating: Central,Electric
  • Utilities: Cable Connected,Electricity Connected,Public,Sewer Connected,Water Connected
  • Lot Sqft: 8398.00
  • Lot Dim: 80x105
  • Lot Acres: 0.1900
  • Total Acre: 0 to less than 1/4
  • Lot Num: 3
  • Senior Community: False
  • Style: Single Family Residence
  • Location: City Limits,FloodZone
  • Building Num Floors: 1
  • Pets Allowed: Yes
  • : 941-383-7591

Neighborhood

The average asking price of a 3 bedroom Longboat Key home in this zip code is $2,338,254 (104.2% more than this home).

This home is priced at $639/sqft, which is 44.9% less than similar homes in the 34228 zip code.

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578-580 Companion Way Longboat Key FL 34228

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Financial

  • Approx Payment:$5,570*
  • Taxes:$11,036

Area Stats

These statistics are updated daily from the My Florida Regional MLS. For further analysis or to obtain statistics not shown below please call EasyStreet Realty at (813) 452-4165 and speak with one of our real estate consultants.

Listing Courtesy of MICHAEL SAUNDERS & COMPANY. For information or to schedule a viewing of this property (MLS# A4598090) located at 578-580 Companion Way Longboat Key FL 34228, call: 813-452-4165

578-580 Companion Way, Longboat Key FL is a single family home of 1792 sqft and is currently priced at $1,145,000 . This single family home has 3 bedrooms. A comparable home for sale at 3520 Fair Oaks Ln in Longboat Key is listed at $1,799,000. This home on 578-580 Companion Way has decreased in price by $50,000 and the last change was on 4/4/2024. In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos and New Homes in Longboat Key, FL. Winding Oaks, Privateer North and Club Longboat Beach & Tennis are nearby neighborhoods. MLS A4598090 has been posted on this site since 2/1/2024 (88 days ago).

2024 4/29/2024.

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