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578 Companion Way, Longboat Key, FL, 34228

$502/sqft·Longboat Key

4 bd3 ba1,792 sqftSingle Family
Listed by NEXTHOME EXCELLENCE· Last updated · MLS# A4682186

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Est. monthly payment
$6,117/mo
Down payment (20%)
$180,000
Property taxes
$973/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 1963
8,398 sqft lot
Lot size
1,792 sqft
Living area

About this home

Ceiling Fans(s)Eat-in KitchenKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSplit BedroomStone Counters

578 Companion Way is a 1963-built home in Longboat Key, Longboat Key. Inside you'll find 4 bedrooms, 3 bathrooms, and 1,792 square feet of living space. Listed at $900,000 (about $502/sqft), 85 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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.

The essentials

Built
1963
Price / sqft
$502
On market
212 days
Annual tax
$11,672
Flood zone
AE
Lot
8,398 sqft
Type
Single Family Residence

Location

578 Companion Way
Longboat Key, FL, 34228·34228 - Longboat Key
Type
Single Family Residence
Year Built
1963
Lot
8,398 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Driveway, Off Street
Days on Market
212
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
Garden
Outdoor Grill
Private Mailbox
Storage
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Washer

Elementary

Anna Maria Elementary

Middle

Martha B. King Middle

High

Bayshore High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE

Annual Tax (2025)

$11,672

Parcel #

7930400002

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Longboat Key

County

Manatee

MLS Area

34228 - Longboat Key

Lot Size

8,398 sqft

FloodZoneCity Limits
Date
Event
Price
5/7/2026
Price change
Source: Stellar MLS #A4682186
$900,000-9.9%
$502/sqft
Price change
Source: Stellar MLS #A4682186
$999,000-9.2%
$557/sqft
2/11/2026
Listed for sale
Source: Stellar MLS #A4682186
$1,100,000
$614/sqft
Est. monthly payment$6,117/mo
Principal & interest$4,694
Property taxes$973
Insurance$450
Down payment20% · $180,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $900,000
$845,000 – $900,000
93.8% – 100% of listTops out right at the list price
80% of listList price
22 of the last 43 home closings in 34228 landed at this number or higher (51%). The median one sat 95 days before it went under contract, and this one is on day 212 after a $200,000 cut.

Sample: 43 closed home sales in 34228 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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