$950,000
$50K PRICE DROP

578-580 Companion Way Longboat Key, FL 34228

Estimated payment $6,191/month

Total Views 5,273
4 Beds
3 Baths
1,792 Sq Ft
$530 Price per Sq Ft

Highlights

  • Water access To Gulf or Ocean
  • Open Floorplan
  • Garden View
  • Anna Maria Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Stone Countertops

About This Home

Seasonal Income Awaits - Turnkey Duplex in the Heart of Longboat Key'Tis the season for a lucrative investment! This fully renovated duplex in the heart of Longboat Key offers the perfect blend of income potential and coastal charm. Featuring two separate units, each with 2 bedrooms and 2 bathrooms, this property is sold fully turnkey, so you can start generating rental income immediately.Step outside to a spacious backyard and inviting outdoor living space, perfect for relaxation or entertaining. Best of all, you're just seconds away from the pristine beaches of Longboat Key, where soft sands and breathtaking sunsets await.Whether you're looking for a high-performing rental property or a personal retreat with built-in income, this is an opportunity you don't want to miss!Prime Location | Turnkey Investment | Minutes to the Beach

Listing Agent

Inbal August

DOUGLAS ELLIMAN Brokerage Phone: License #3527487 Listed on: 04/28/2025

DOUGLAS ELLIMAN

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,211

Year Built

  • Built in 1963

Lot Details

  • 8,398 Sq Ft Lot
  • Lot Dimensions are 80x105
  • North Facing Home
  • Garden

Home Design

  • Half Duplex
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,792 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Inside Utility
  • Luxury Vinyl Tile Flooring
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Covered patio or porch
  • Outdoor Storage
  • Outdoor Grill
  • Private Mailbox

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 7930400002

Community Details

Overview

  • No Home Owners Association
  • Longboat Key Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,211

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Half Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1792
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1963
  • Building Area Total: 2432
  • Lot Size Sq Ft: 8398
  • Directions to Property: northbound Gulf of Mexico drive make a right onto companion way
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 576862852
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 530.13
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: Lena White
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: 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 Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 578-580
  • Additional Rooms: Inside Utility,Interior In-Law Suite w/Private Entry
  • Living Area Meters: 166.48
  • Room Count: 7

Exterior Features

  • Direction Faces: North
  • Exterior Features: Garden, Outdoor Grill, Private Mailbox, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Asphalt, Paved
  • Water Access: Beach - Access Deeded,Gulf/Ocean
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081C0291F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Off Street

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7930400002
  • Additional Parcels: No
  • Lot Features: FloodZone, City Limits
  • Lot Dimensions: 80x105
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 780

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Rentals allowed according to the Longboat Key Town Code

Tax Info

  • Tax Annual Amount: 11211
  • Tax Book Number: 7-16
  • Tax Lot: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Price Changed $950,000 -5.0% --
02/24/2025 02/24/25 Price Changed $999,999 -4.8% --
01/31/2025 01/31/25 Price Changed $1,050,000 0.0% --
01/31/2025 01/31/25 For Sale $1,050,000 +23.5% --
11/11/2024 11/11/24 Off Market $850,000 -- --
10/16/2024 10/16/24 For Sale $850,000 -- --
Source: Stellar MLS

Source: Stellar MLS

MLS Number: A4650543

Stellar MLS

Florida Manatee County Longboat Key 34228

578-580 Companion Way, Longboat Key, FL

This home is located at 578-580 Companion Way, Longboat Key, FL 34228 and is currently priced at $950,000, approximately $530 per square foot. This property was built in 1963. 578-580 Companion Way is a home located in Manatee County with nearby schools including Anna Maria Elementary School, Martha B. King Middle School, and Bayshore High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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Inbal August
Listing Agent
Inbal August
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DOUGLAS ELLIMAN
(941) 283-7172