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Property for sale at 578 COMPANION WAY, LONGBOAT KEY, FL, 34228
Property for sale at 578 COMPANION WAY, LONGBOAT KEY, FL, 34228
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578 Companion WayLongboat Key, FL, 34228

4beds
3baths
1,792sqft
Single Family Residence
Built in 1963
$900,000
For sale
$1,100,000−$200,000 (18%)
Price per sqft
$502
Days on market
254
Listed
Feb 11
Last reduction
−$99,000
May 7, 2026
MLS #A4682186Updated 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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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

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. 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; the availability of any listing should always be independently verified. Listing information is provided for consumers' 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.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $200,000 (18.2%) since first listed.

EventPrice
Price reducedMLS #A4682186$900,000Change: −18.2%−$200,000
Listed for saleMLS #A4682186$1,100,000
History may be incomplete.
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Property for sale at 578 COMPANION WAY, LONGBOAT KEY, FL, 34228
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