$1,595,000

721 Binnacle Point Drive

Longboat Key, FL 34228

Active
0
Baths
0.43
Acres
WaterfrontWater access$85/sqft360° tour
🏠Land

Property type

📐18,809 sqft

Lot size

📊$85

Price / sq ft

🏘️$50/mo

HOA dues

📅400

Days on market

🌊AE

Flood zone

About this home

PREMIER LOCATION in Emerald Harbor -- Located on the apex of the widest canal on Longboat Key, 721 Binnacle Point Drive is ready for a new owner with a new vision! The property has 96' of canal frontage with BRAND NEW Sea Wall (2024), 120' of street frontage, with just over 18,800 Square Feet upon which to build your dream home. Build new and enjoy long views east and west down the canal and the beautiful northern light exposure. Emerald Harbor is one of Longboat Key's best neighborhoods - don't miss this opportunity to create your vision! There is a working, permitted sprinkler well on property. Private, deeded beach access for Emerald Harbor residents is just over 1100 feet away.

Estimated monthly payment

Principal & interest$8,065
Property taxes$575
Home insurance (est.)$731
HOA dues$50

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history400 days on market

  1. Status: Active
    Feb 13, 2026
  2. Listed$2,225,000
    Jan 29, 2025
  3. Price reduced$1,595,000

Virtual Tour

Facts & features

Property type
Land
Status
Active
Days on market
400
Subdivision
Emerald Harbor
County
Manatee
Price/sq ft
$85
Lot size
18,809 sq ft
Lot category
1/4 to less than 1/2
Flood zone
AE (12081C0291F)
Annual taxes
$6,896 (2024)
Parcel #
7890400000
Zoning
R4SF
MLS #
NS1083714

Interior Details

Direction faces
South

HOA & Financial

HOA fee
$600 / Annually
Monthly HOA
$50/mo
Total monthly fees
$50/mo
Total annual fees
$600
HOA name
HOA manager
Ownership
Fee Simple

Exterior & Construction

Waterfront
Yes
Water access
Yes
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public, Well
Utilities
BB/HS Internet Available, Cable Available, Electrical Nearby, Natural Gas Available, Public, Sewer Available, Sewer Connected, Sprinkler Well, Telephone Nearby, Underground Utilities, Water Available

Community

Pets allowed
Yes

Listing Details

Listing date
2025-01-29
On market date
2025-01-29
Original list price
$2,225,000
MLS area
34228 - Longboat Key
Listing AOR
New Smyrna Beach Board of Realtors
Status changed
2026-02-13
Tax legal description
LOT 99 EMERALD HARBOR UNIT 2 ALSO IN SEC 24 35 16 PI#78904.0000/0

Flood risk

High riskFEMA Zone AEPanel 12081C0291F

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Follow Gulf Of Mexico Drive from North or South to the 5000 block. Emerald Harbor subdivision is located across the street from the Gulf, in the 5400-5800 Block.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 22, 2026 at 10:52 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA