r1_topleft r1_topmid r1_topright
r2_left
r3_left r3_mid r3_right
fill
fill

r4_mid
Previous | Next
Back to Search

578580 Companion Way,  Longboat Key FL, 34228

(Active)
$1,145,000
|
3 beds, 3 Full baths, 1,792 sqft
|
MLS# A4598090
Last Updated: 5/16/2024 10:56 PM
Description for 578580 Companion Way Longboat Key, FL 34228
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.
Price
$1,145,000
LONGBOAT KEY
Manatee
3
3 Full
1,792 (approx)
A4598090
Active
Description
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.
Listing Information
Property Type: Single Family, Bungalow, 1 Story
3 3 Full
10 0.19 Acres 1,792 (approx)
1963 1 Block,Stucco
35//
LONGBOAT KEY
Slab
Public
Public Sewer
Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Neighborhood
Room Information
Bathrooms
3
Inside
Eat-in Kitchen
Interior Features
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Central Air
Electric Heating, Central
Blinds, Drapes
Smoke Detector(s)
Eat-in Kitchen, Open Floorplan, Stone Counters
Exterior / Lot Features
Driveway, Off Street
Stucco, Block
Covered, Patio, Screened
Shingle
Garden/Lawn
80x105
R4SF
Garden, Outdoor Grill, Storage
Community Features
Smoke Detector(s)
Driving Directions
From South Longboat Key, take Gulf of Mexico Drive North to Companion Way (at 5680 GMD). Turn right onto Companion Way. 578-580 Companion Way is the third property on the right.
Financial Considerations
7930400002
$11,036
Cash, Conventional
Listing Price History

Longboat Key Real Estate

Longboat Key is located in Florida. Longboat Key, Florida 34228 has a population of 7,247.

The median household income in Longboat Key, Florida 34228 is $122,711. The median household income for the surrounding county is $64,847 compared to the national median of $66,222. The median age of people living in Longboat Key 34228 is 47 years.

Loading nearby sales and history ...
Courtesy: MICHAEL SAUNDERS & COMPANY, 941-383-7591


All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2017, My Florida Regional MLS
This content last refreshed on 5/16/2024 10:56 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation
Longboat Key Real Estate
Nearby Communities
Previous | Next
Back to Search

fill



©2001-2005 Community Website, 27081 Aliso Creek Road, Suite 200, Aliso Viejo, CA 92656. All rights reserved.

Email:rdesksupport@realestatedigital.com
fill