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$1,649,000
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Property Description
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.
Full Property Details
Full Property Details for 721 Binnacle Point Dr
General
- Price: $1,649,000
- HOA FEE: $50/month
- HOA FEE FREQ.: Annually
- Taxes: $6,896 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: NS1083714
- Updated: 11/14/2025
- Added to Site: 353 day(s) ago
Location
- Area: 34228 - Longboat Key
- County: Manatee
- Development Name: 34228 - Longboat Key
- Subdivision: EMERALD HARBOR
- Driving 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.
- Direction Faces: South
Community
- Community Name: 34228 - Longboat Key
- Association: Yes
- Assoc. Name: HOA manager
Utilities
- Sewer: Public Sewer
- Water: Public, Well
- Utility Description: BB/HS Internet Available, Cable TV Available, Electrical Nearby, Natural Gas Available, Public, Sewer Available, Sewer Connected, Sprinkler Well, Street Lights, Telephone Nearby, Underground Utilities, Water Ava
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.43
- Lot Size (Sq. Ft.): 18,809
- Lot Size: 18809
- Lot Dimensions: 96 x 198
- Street/Road Desc.: Asphalt
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Canal - Freshwater, Gulf/Ocean, Intracoastal Waterway
- Water Front Desc.: Freshwater Canal
Financial Considerations
- Price Per Acre: $3,834,884
- Association Fee: $600
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $6,896
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 99 EMERALD HARBOR UNIT 2 ALSO IN SEC 24 35 16 PI#78904.0000/0
- Flood Zone Info: AE
- APN: 7890400000
- Property ID: 7890400000
Listed by Kincaid Realty
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Schools
Schools serving 721 Binnacle Point Dr
School District:Manatee County School District
| Name | Grades | Distance |
|---|---|---|
Anna Maria Elementary School 4700 Gulf Drive, Holmes Beach, FL 34217 | PK-5 | 6.5 mi |
Martha B. King Middle School 600 75th Street Northwest, Bradenton, FL 34209 | 6-8 | 6 mi |
Bayshore High School 5401 34th Street West, Bradenton, FL 34210 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 721 Binnacle Point Dr
Date
Details
Price
Change
Source
11/13/2025
Price Reduced
$1,649,000
-8.34%
MLS
8/20/2025
Price Reduced
$1,799,000
-10.01%
MLS
2/26/2025
Price Reduced
$1,999,000
-10.16%
MLS
1/29/2025
Listed
$2,225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 721 Binnacle Point Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,896
—
$479,820
3%
2024
$6,896
5%
$466,297
7%
2023
$6,591
—
$436,519
6%
2021
$6,602
1%
$411,461
-3%
2022
$6,531
-1%
$423,805
4%
2021
$6,602
2%
$405,780
2%
2019
$6,452
15%
$396,657
2%
2017
$5,618
—
$389,261
2%
2017
$5,618
—
$381,255
2%
2016
$5,615
2%
$373,413
1%
2015
$5,509
—
$370,817
1%
2014
$5,520
2%
$367,874
2%
2013
$5,403
—
$362,437
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 721 Binnacle Point Dr
721 Binnacle Point Drive, Longboat Key, FL 34228 (MLS# NS1083714) is a Lots/Land property with a lot size of 0.43 acres. 721 Binnacle Point Drive is currently listed for $1,649,000 and was received on January 29, 2025. Want to learn more about 721 Binnacle Point Drive? Do you have questions about finding other Lots/Land real estate for sale in Longboat Key? You can browse all Longboat Key real estate or contact a Coldwell Banker agent to request more information.

