$1,895,000
741 Old Compass Road
Longboat Key, FL 34228
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Exceptional opportunity to own a Longboat Key waterfront home in the highly desired community of Emerald Harbor. This 3BR/2BA, 1,926-sf canal front home with pool sits on an oversized 100x155-ft lot along one of Longboat’s widest canals (~110 ft) offering deep-water boating access just a half mile to the Intracoastal Waterway. Private beach access with parking is less than half a mile away. The property experienced storm-related water damage in 2024 and is ready for renovation or a brand-new custom home build. Enjoy island living close to The St. Regis Longboat Key Resort, The Resort at Longboat Key Club, St. Armands Circle, and North Longboat Village favorites—Shore, Mar Vista, Whitney’s, and Lazy Lobster. Emerald Harbor Longboat Key home for sale combines boating, beach access, and the ultimate Florida lifestyle—an unbeatable fixer-upper Longboat Key canal-front opportunity in one of the island’s premier neighborhoods.
Estimated monthly payment
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 history35 days on market
- Status: ActiveApr 7, 2026
- Listed$1,895,000Apr 7, 2026
- Price increased$1,895,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 35
- Subdivision
- Emerald Harbor
- County
- Manatee
- Year built
- 1969
- Living area
- 2,173 sq ft
- Price/sq ft
- $872
- Building area
- 2,910 sq ft (Owner)
- Lot size
- 15,550 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE (12081C0291F)
- Garage
- 2 spaces
- Pool
- Private pool
- Annual taxes
- $11,776 (2024)
- Parcel #
- 7887810005
- Zoning
- R4SF
- MLS #
- A4684578
Interior Details
- Bedrooms
- 3
- Full bathrooms
- 3
- Flooring
- Tile
- Appliances
- Electric Water Heater, Exhaust Fan, Microwave, Water Filtration System, Water Softener
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters
- Laundry
- Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
- Stories / Levels
- One
- Direction faces
- Southeast
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
- Parking features
- Driveway, Garage Door Opener, Ground Level, Off Street
HOA & Financial
- HOA fee
- $750 / Annually
- Monthly HOA
- $63/mo
- Total monthly fees
- $63/mo
- Total annual fees
- $750
- HOA name
- Peggy Hill
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Check Longboat and Manatee Ordinance
Exterior & Construction
- Exterior features
- French Doors, Hurricane Shutters, Outdoor Shower, Rain Gutters, Shade Shutter(s), Sliding Doors
- Construction materials
- Block, Stucco
- Roof
- Tile
- Foundation
- Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Fiber Optics, Propane, Public, Sewer Connected, Underground Utilities, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | |
| Kitchen | First | |
| Great Room | First | |
| Bedroom 2 | First | |
| Bedroom 3 | First | |
| Living Room | First | |
| Primary Bathroom | First |
Listing Details
- Listing date
- 2026-03-01
- On market date
- 2026-04-07
- Original list price
- $1,895,000
- Occupant type
- Vacant
- MLS area
- 34228 - Longboat Key
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-04-07
- Tax legal description
- LOT 75 EMERALD HARBOR UNIT 2 PI#78878.1000/5
Flood risk
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
From St. Armands Circle, to Gulf of Mexico, turn right on Binnacle Point Dr, left on Old Compass Dr, house on left.
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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 12, 2026 at 12:32 PM 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.
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