578-580 - COMPANION - LONGBOAT KEY

$1,045,000

MLS#: A4598090 Property Type: Residential Address: 578-580 COMPANION City / Zip: LONGBOAT KEY, FL 34228 County: Manatee Neighborhood: LONGBOAT KEY Bedrooms: 3 Bathrooms: 3 Heated Sq Ft: 2,432 Acres: 0.19 Stories: 1 Year Built: 1963 Zoning: R4SF Date Listed: 05/28/2024 POA Fees: 0

Agent's Comments

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 provided courtesy of the MLS.
Interior Features
  • Air Conditioning: Central Air
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Floor Covering: Luxury Vinyl
  • Heating: Central, Electric
  • Interior Features: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Window Treatments
  • Water: Public
Exterior Features
  • Foundation: Slab
  • Garage: GarageSpaces : 0
  • Parking: Driveway, Off Street
  • Roof: Shingle
  • Sewer/Septic: Public Sewer
  • Style: Single Family Residence
Additional Features
  • County: Manatee
  • Status Date: 2024-06-15
  • Year Built: 1963
  • Zoning: R4SF
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