6030 SW 40th St Miami, FL 33155 United States

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Mon-Friday, 9am-6pm Closed Saturdays and Sundays

Property Description

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.

Features
: Central, Electric
: Central Air
: Vinyl
: Garden
: Patio, Screened, Covered
: Turnkey
: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Range
: Outdoor Grill, Storage, Private Mailbox, Garden
: Luxury Vinyl
: Split Bedroom, Living Room/dining Room Combo, Stone Counters, Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Window Treatments, Kitchen/family Room Combo, Thermostat, Primary Bedroom Main Floor
: Inside
: City Lot, Floodzone
: Driveway, Off Street
: Shingle
: Smoke Detector(s)
: Public Sewer
: Electricity Connected, Sewer Connected, Public, Cable Connected, Water Connected
Address Map
FL
Manatee
LONGBOAT KEY
34228
578-580 COMPANION WAY
0
W83° 20' 22.3''
N27° 24' 57.9''
North
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.
Additional Information
: Bungalow, Florida
: Stucco, Block
10
: One
: Conventional, Cash
1
$11,036
2023
: Public
R4SF

Residential For Sale

578-580 COMPANION WAY, LONGBOAT KEY, Florida 34228

3 Bedrooms
3 Bathrooms
1,792 Sqft
$1,195,000
Basic Details
Property Type : Residential
Listing Type : For Sale
Price : $1,195,000
Bedrooms : 3
Rooms : 10
Bathrooms : 3
Square Footage : 1,792 Sqft
Year Built : 1963
Lot Area : 8,398 Acre
Status : Active
Bathrooms Total : 3
Building Area : 2,432 Sqft
Property SubType : Single Family Residence
Agent info
Patricia Calvet
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