578 Companion Way Longboat Key, FL 34228
Estimated payment $6,167/month
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,036
Year Built
- Built in 1963
Lot Details
- 8,398 Sq Ft Lot
- Lot Dimensions are 80x105
- Garden
Home Design
- 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
- Fire and Smoke Detector
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
- 2 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
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
- Visit Down Payment Resource Website
- Tax Lot 3
- Assessor Parcel Number 7930400002
Community Details
Overview
- No Home Owners Association
- 2,432 Sq Ft Building
- Longboat Key Subdivision
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,211 | $815,216 | $318,240 | $496,976 |
| 2023 | $11,036 | $824,950 | $306,000 | $518,950 |
| 2022 | $3,758 | $489,306 | $172,800 | $316,506 |
| 2021 | $3,607 | $211,679 | $0 | $0 |
| 2020 | $3,736 | $208,756 | $0 | $0 |
| 2019 | $3,678 | $204,063 | $0 | $0 |
| 2018 | $3,646 | $200,258 | $0 | $0 |
| 2017 | $2,680 | $196,139 | $0 | $0 |
| 2016 | $2,674 | $192,105 | $0 | $0 |
| 2015 | $2,522 | $190,770 | $0 | $0 |
| 2014 | $2,522 | $189,256 | $0 | $0 |
| 2013 | $3,025 | $181,297 | $85,650 | $95,647 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | For Sale | $950,000 | 0.0% | $530 / Sq Ft |
| 08/01/2025 08/01/25 | Off Market | $950,000 | -- | -- |
| 05/27/2025 05/27/25 | Price Changed | $950,000 | -5.0% | $530 / Sq Ft |
| 02/24/2025 02/24/25 | Price Changed | $999,999 | -4.8% | $558 / Sq Ft |
| 01/31/2025 01/31/25 | For Sale | $1,050,000 | +23.5% | $586 / Sq Ft |
| 11/11/2024 11/11/24 | Off Market | $850,000 | -- | -- |
| 10/16/2024 10/16/24 | Price Changed | $850,000 | -15.0% | $474 / Sq Ft |
| 09/15/2024 09/15/24 | For Sale | $999,999 | +72.4% | $558 / Sq Ft |
| 09/30/2021 09/30/21 | Sold | $580,000 | -4.8% | $324 / Sq Ft |
| 07/10/2021 07/10/21 | Pending | -- | -- | -- |
| 04/27/2021 04/27/21 | For Sale | $609,000 | -- | $340 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $580,000 | Clear Title Group | |
| Warranty Deed | $160,000 | -- | |
| Warranty Deed | $174,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $406,000 | New Conventional | |
| Previous Owner | $135,000 | No Value Available | |
| Previous Owner | $174,000 | No Value Available |
Source: Stellar MLS
MLS Number: A4623518
APN: 79304-0000-2
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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