578 - 580 COMPANION WAY

Property Details

Description

Massive Price Reduction - Rare Opportunity to Own Your Slice of Beach Paradise! Live the ultimate coastal lifestyle with sun, sand, and breathtaking surroundings at an exceptional value.. Stunning curb appeal duplex located in the highly desirable Longboat Key featuring two separate addresses, 578 Companion Way and 580 Companion Way. This bright and welcoming coastal retreat offers an elegant and comfortable living environment where refreshing sea air and natural sunlight fill the interior through expansive windows. The property features two separate units including one 2 bedroom 2 bathroom unit and one 2 bedroom 1 bathroom unit. Offered fully furnished and showcasing high quality updates throughout, the property includes a new roof, new AC systems, new water heaters, and all new appliances completed in 2025, delivering modern luxury and peace of mind. Residents may enjoy access to Cedars East resort style amenities including pool, fitness center, and tennis courts with a small optional membership fee. Ideally positioned just steps from the pristine, wide, and uncrowded Gulf beaches, this property provides the ultimate Longboat Key lifestyle. Conveniently located near world class dining and shopping at St Armands Circle, vibrant downtown Sarasota, championship golf courses, marinas, cultural attractions, and everything Sarasota has to offer. Vacation rentals are permitted, creating an outstanding opportunity for investors, seasonal residents, or families seeking to live in one unit while generating additional rental income from the second unit.

Facts & Costs

Property type

Duplex

Units

2

Net income

$100,000 / year

Zoning

R4SF

Year built

1963

Lot size

8,398 sq ft

Price per sq ft

$502

Days on market

231

Private pool

No

Waterfront

No

Subdivision

LONGBOAT KEY

County

Manatee

Flood zone

AE

Monthly & yearly costs

Property taxes

$11,672 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating

Central, Electric

Cooling

Central Air

Flooring

Luxury Vinyl

Roof

Shingle

Construction

Block, Stucco

Parking

Driveway, Off Street

View

Garden

Payment Estimate

$5,524 / month

Principal & interest

$4,551

Property taxes

$973

HOA

$0

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Dishwasher
• Disposal
• Dryer
• Electric Water Heater
• Microwave
• Range
• Refrigerator
• Washer
• 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
• Garden
• Outdoor Grill
• Private Mailbox
• Storage