578-580 Companion Way, Longboat Key, FL

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.

Interior Information
Bathrooms Full	3
Building Area Total Srch Sq M	225.94
Exist Lse Tenant Yn	1
List Office Head Office Key Nume	1046728
Living Area	1792
Currency Monthly Rent Amt	13200.00
Flood Zone Panel	12081C0291F
Room Count	10
Exterior Information
Sewer	Public Sewer
Parking Features	Driveway, Off Street
Water Access Yn	1
Exterior Features	Garden, Outdoor Grill, Private Mailbox, Storage
Stories Total	1
Water Access	Beach - Access Deeded,Gulf/Ocean
Roof	Shingle
Architectural Style	Bungalow, Florida
Additional Information
Lot Size Dimensions	80x105
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.
Occupant Type	Tenant
Property Type	Residential
Water Source	Public
Special Listing Conditions	None
State Or Province	FL
Lot Features	FloodZone, City Limits
Cumulative Days On Market	87