LONGBOAT KEY, FL 34228 578-580 Companion WAY
$850,000
15 more
Presented By: DOUGLAS ELLIMAN with 941-867-6199. - Lena White
Beds • 2- Baths • 2
- SQFT • 1,792
Beds • 2
Baths • 2
SQFT • 1,792Home Details
Income-Producing Multi-Family Property with Investment Potential
This multi-family property, impacted by Hurricane Helene, presents an exceptional investment opportunity for developers or visionaries. Whether you envision building a new structure or renovating the existing one, this property offers a unique chance to maximize its income-producing potential. With the right touch, you can transform it into a profitable asset in a sought-after location. Whether you're a seasoned investor or developer, this property is your blank canvas, ready for innovation and growth.
Located in a prime Longboat Key location, the property boasts easy access to the beach and a fenced backyard, with each unit enjoying its own private patio. For an enhanced lifestyle, you have the option to join the Cedars East complex right across the street, offering access to a junior Olympic-sized swimming pool, a fully equipped gym, tennis and pickleball courts, and bicycles.
Presented By: DOUGLAS ELLIMAN with 941-867-6199. - Lena White
Interior Features for 578-580 Companion WAY
Bedrooms
Total Bedrooms2
Bathrooms
Total Baths2
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringluxury vinyl
Furnished Y/Nturnkey
Heating Y/NYes
Laundry Featuresinside
Window Featuresblinds, drapes
General for 578-580 Companion WAY
Additional Parcels Y/NNo
Additional Roomsinside utility, interior in-law suite w/private entry
Appliancesdishwasher, dryer, electric water heater, microwave, range, refrigerator, washer
Building Area Unitssquare feet
Carport Y/NNo
Citylongboat key
Construction Materialsblock, stucco
Coolingcentral air
Countymanatee
Directionscontinue onto john ringling causeway
continue onto john ringling blvd
at st armand's cir, take the 1st exit onto n boulevard of the presidents
continue onto john ringling pkwy
slight left to stay
Exterior Featuresgarden, outdoor grill, private mailbox, storage
Flood Zone Codeae
Garage Y/NNo
Heatingcentral, electric
Home Owner AssocYes
Interior Featuresceiling 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, window treatments
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionbeg at the intersec of the ely ln of john rignling parkway (100 ft wide) with the nly ln of lot 3 of a sub of fractional sections 25, 26 and part of sec 24, pb 7 p 16; th n 50 deg 00 sec e alg the nly
Levelsone
Living Area Unitssquare feet
Lot Size Square Feet8398
Lot Size Unitssquare feet
MLS Area34228 - longboat key
Minimum Lease1 month
ModificationTimestamp2024-10-17t10:47:22.687z
New ConstructionNo
NumberOfUnitsTotal2
Occupancy Typevacant
Patio/Porch Featurescovered, patio, screened
Percent Ownershipfee simple
Pets Allowedyes
Property SubTypeduplex
Property Typeresidential income
Roofshingle
Security Featuressmoke detector(s)
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namelongboat key
Tax Annual Amount11036
Tax Lot3
Tax Year2023
Termscash, conventional
Utilitiescable connected, electricity connected, public, sewer connected, water connected
Viewgarden
Water Access Typebeach - access deeded, gulf/ocean
Water Access Y/NYes
Water View Y/NNo
Waterfront Y/NNo
Year Built1963
Zoningr4sf
Exterior for 578-580 Companion WAY
Building Area Total2432
Foundation Detailsslab
Lot Dimensions80 x 105
Lot Featuresfloodzone, city lot
Lot Size Acres0.19
Lot Size Area8398
Number of Buildings1
Open Parking Y/NYes
Parking Featuresdriveway, off street
Road Responsibilitypublic maintained road
Road Surface Typeasphalt, paved
SpaNo
Water Sourcepublic
Additional Details
Price History
