$1,795,000
741 Old Compass Road
Longboat Key, FL 34228
Listing updated: June 4, 2026 at 11:24 AM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
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 history57 days on market
- Status: ActiveApr 8, 2026
- Listed$1,895,000Apr 8, 2026
- Price reduced$1,795,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 57
- Subdivision
- Emerald Harbor
- County
- Manatee
- Price/sq ft
- $116
- Lot size
- 15,499 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE (12081C0291F)
- Annual taxes
- $9,714 (2025)
- Parcel #
- 7887810005
- Zoning
- R4SF
- MLS #
- A4689309
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HOA & Financial
- HOA fee
- $750 / Annually
- Monthly HOA
- $63/mo
- Total monthly fees
- $63/mo
- Total annual fees
- $750
- HOA name
- Peggy Hill
- Ownership
- Fee Simple
Exterior & Construction
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available
Community
- Pets allowed
- Cats OK, Dogs OK
Listing Details
- Listing date
- 2026-04-08
- On market date
- 2026-04-08
- Original list price
- $1,895,000
- MLS area
- 34228 - Longboat Key
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-04-08
- 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 June 4, 2026 at 11:24 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