To schedule a showing of 578 Companion Way, Longboat Key, Florida, Call David Shippey at 863-521-4517 TODAY!

$900,000 Reduced -$99,000
578 Companion Way
Longboat Key, FL 34228
  • 4Beds
  • 3.00Total Baths
  • 3 Full, 0 HalfBaths
  • 1,792SqFt
  • 1963Year Built
  • 0.19Acres
  • MLS# A4682186
  • Residential
  • SingleFamilyResidence
  • Active

  • Approx Time on Market4 months, 29 days
  • Area34228 - Longboat Key
  • CountyManatee
  • Subdivision Longboat Key

Overview

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.



Agriculture / Farm

Association Fees / Info

Pets Allowed:  Yes

Bathroom Info

Total Baths:  3.00

Fullbaths:  3

Building Info

Window Features:  Blinds, Drapes, WindowTreatments

Roof:  Shingle

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Style:  Bungalow, Florida

Patio:  Covered, Patio, Screened

Exterior Features:  Garden, OutdoorGrill, Storage

Fees / Restrictions

Financial

Original Price:  $1,100,000

Disclosures:  FloodPlainDisclosure

Fencing:  Vinyl

Garage / Parking

Parking Features:  Driveway, OffStreet

Green / Env Info

Interior Features

Floors:  LuxuryVinyl

Levels:  One

Laundry Features:  Inside

Interior Features:  CeilingFans, EatInKitchen, KitchenFamilyRoomCombo, LivingDiningRoom, MainLevelPrimary, OpenFloorplan, StoneCounters, SplitBedrooms, WindowTreatments

Appliances:  Dryer, Dishwasher, ElectricWaterHeater, Disposal, Microwave, Range, Refrigerator, Washer

Lot Info

Direction Remarks:  From US 41 turn west onto John Ringling Causeway and proceed toward St Armands Circle. At the circle, follow signs to Gulf of Mexico Drive and continue north for approximately 7 miles. Turn right onto Companion Way. Property located on the right at 578 to 580 Companion Way.

Lot Size Units:  Acres

Lot Size Acres:  0.19

Lot Sqft:  8,398

Est Lotsize:  80x105

Lot Desc:  CityLot, FloodZone, Landscaped

Misc

Other

Special Conditions:  None

Security Features:  SmokeDetectors

Other Rooms Info

Property Info

Section:  25

Class Type:  SingleFamilyResidence

Property Sub Type:  SingleFamilyResidence

Construction Materials:  Block, Stucco

Stories:  1

Total Stories:  1

Foundation:  Slab

Human Modified:  Yes

Room Info

Total Rooms:  10

Sqft Info

Sqft:  1,792

Bulding Area Sqft:  2,432

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,025

Tax Lot:  3

Tax Legal Description:  BEG 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 LN OF SD LOT 3, 420 FT FOR A POB; TH CONT N 50 DEG 00 SEC E, 105 FT; TH S 40 DEG 48 MIN E, 100 FT TO THE SLY LN OF SD LOT 3; TH S 50 DEG 00 SEC W, 105 FT; TH N 40 DEG

Tax Annual Amount:  11672

Tax Book Number:  7-16

Unit Info

Utilities / Hvac

Heating:  Central, Electric

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  CableConnected, ElectricityConnected, MunicipalUtilities, SewerConnected, WaterConnected

Waterfront / Water

Waterfront Features:  DeededAccess, GulfAccess

View:  Yes

View:  Garden

Schools

Elem:  Anna Maria Elementary

Middle:  Martha B. King Middle

High:  Bayshore High

Directions

From US 41 turn west onto John Ringling Causeway and proceed toward St Armands Circle. At the circle, follow signs to Gulf of Mexico Drive and continue north for approximately 7 miles. Turn right onto Companion Way. Property located on the right at 578 to 580 Companion Way.

This listing courtesy of Nexthome Excellence 

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Price & Status History (on davidshippey.com since Wed, Feb 11th 2026)
  • Original Price: $1,100,000
  • Current Price: $900,000
  • Price Reduced: $200,000
Date ChangedFromTo
05/07/2026$999,000 $900,000 Reduced by $99,000
04/19/2026$1,000,000 $999,000 Reduced by $1,000
03/31/2026$1,099,000 $1,000,000 Reduced by $99,000
03/26/2026$1,100,000 $1,099,000 Reduced by $1,000

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If you have any questions on 578 Companion Way, Longboat Key, Florida, please call David Shippey at 863-521-4517.


MLS# A4682186 located at 578 Companion Way, Longboat Key, Florida is brought to you by David Shippey REALTOR®

578 Companion Way, Longboat Key, Florida has 4 Beds, 3 Full Bath, and 0 Half Bath.
The MLS Number for 578 Companion Way, Longboat Key, Florida is A4682186.
The price for 578 Companion Way, Longboat Key, Florida is $900,000.
The status of 578 Companion Way, Longboat Key, Florida is Active.
The subdivision of 578 Companion Way, Longboat Key, Florida is Longboat Key.
The home located at 578 Companion Way, Longboat Key, Florida was built in 2026.