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
For sale
Price cut: $50K (2/24)
$999,999
578-580 Companion Way, Longboat Key, FL 34228
4beds
1,792sqft
Est.:
Duplex, Multi Family
Built in 1963
-- sqft lot
$940,400 Zestimate®
$558/sqft
$-- HOA
What's special
Spacious backyardInviting outdoor living space
- 5 days
- on Zillow |
- 140 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: April 28, 2025 at 10:38pm
Listing Provided by:
Inbal August 917-957-8111,
DOUGLAS ELLIMAN 941-867-6199
Source: Stellar MLS,MLS#: A4650543
Originating MLS: Sarasota - Manatee


Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Utility Room
Primary bedroom
- Features: Built-in Closet
- Level: First
Bedroom 1
- Features: No Closet
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Bedroom 3
- Features: Built-in Closet
- Level: First
Balcony porch lanai
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: Inside
Features
- Ceiling 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, In-Law Floorplan
- Flooring: Luxury Vinyl
- Doors: Outdoor Grill
- Windows: Blinds, Drapes, Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 2,432
- Total interior livable area: 1,792 sqft
Property
Parking
- Parking features: Driveway, Off Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Screened
- Exterior features: Garden, Outdoor Grill, Private Mailbox, Storage
- Has view: Yes
- View description: Garden
- Waterfront features: Beach - Access Deeded, Gulf/Ocean Access
Lot
- Size: 8,398 Square Feet
- Dimensions: 80 x 105
- Features: FloodZone, City Lot
Details
- Parcel number: 7930400002
- Zoning: R4SF
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: LONGBOAT KEY
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $558/sqft
- Annual tax amount: $11,211
- Date on market: 4/28/2025
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
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