Skip to main content
1 / 70

$900,000

578 - 580 COMPANION WAY, LONGBOAT KEY, FL 34228

Active237 days on market

Beds

4

Baths

3

Sq Ft

1,792 sq ft

Year Built

1963

Lot Size

0.19 acres

Garage

—

About This Property

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.

Property Overview

Property TypeResidential Income
Sub TypeDuplex
MLS #A4682264
StatusActive
Year Built1963
ConstructionBlock, Stucco
RoofShingle
FoundationSlab
SubdivisionLONGBOAT KEY
CountyManatee
OwnershipFee Simple
FurnishedTurnkey

Interior Features

InteriorCeiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Window Treatments
FlooringLuxury Vinyl
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
LaundryInside
WindowsBlinds, Drapes
CoolingCentral Air
HeatingCentral, Electric
SecuritySmoke Detector(s)

Exterior & Lot

ExteriorGarden, Outdoor Grill, Private Mailbox, Storage
Lot Size0.19 acres (8,398 sq ft)
Lot Dimensions80 x 105
Lot FeaturesFloodZone, City Lot
Road SurfaceAsphalt, Paved
ViewGarden
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$900,000
Original Price$1,100,000
Annual Taxes$11,672 (2025)
FinancingCash, Conventional, VA Loan
ZoningR4SF
Parcel #7930400002

Schools

ElementaryAnna Maria Elementary
MiddleMartha B. King Middle
HighBayshore High

Directions

From US 41 turn west onto John Ringling Causeway and proceed toward St Armands Circle. At the circle, follow signs to Gulf of Mexico Drive and continue north for approximately 7 miles. Turn right onto Companion Way. Property located on the right at 578 to 580 Companion Way.

Location

578 - 580 COMPANION WAY, LONGBOAT KEY, FL 34228

Listing Information

OfficeNEXTHOME EXCELLENCE
ListedFebruary 11, 2026

Schedule a Tour

Pick a Day

Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$900,000

20% ($180,000)
6.75%

Loan Term

Principal & Interest$4,670
Property Tax (est.)$825
Insurance (est.)$150
Total Monthly$5,645
Full Calculator →

Nearby Schools

More Homes in Longboat Key

More Homes in Longboat Key

Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: May 7, 2026.

Call (813) 733-7907TextContact