578 Companion WayLongboat Key, FL, 34228
- Price per sqft
- $502
- Days on market
- 254
- Listed
- Feb 11
- Last reduction
- −$99,000
- May 7, 2026
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.
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Projected rental revenue and ownership costs
Property details
- Property type
- Single Family Residence
- Street address
- 578 Companion Way
- City
- Longboat Key
- State
- FL
- ZIP code
- 34228
- Year built
- 1963
- New construction
- No
- Faces
- North
- Rooms
- 10
- Building stories
- 1
- Living area
- 1,792 sqft
- Total building area
- 2,432 sqft
- Architectural style
- Bungalow
- Levels
- One
Price & sale history
Asking price reduced by $200,000 (18.2%) since first listed.
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| Price reducedMLS #A4682186 | $900,000Change: −18.2%−$200,000 | −18.2%−$200,000 | |
| Listed for saleMLS #A4682186 | $1,100,000 | Not applicable |
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