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$1,660,000

  • For Sale
  • Active
  • Lots/Land
  • 0.35 Acres
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Take advantage of this great opportunity to build your dream home on an oversized waterfront lot in Emerald Harbor, a premier neighborhood on the north-end of Longboat Key with deeded beach access. This valuable lot is over 15,000 SF with approximately 100' of waterfront and is located on a wide canal with deep sailboat water and views and direct access to Sarasota Bay. The home was flooded for the first time during Hurricane Helene and has been professionally remediated.

Full Property Details for 721 Old Compass Rd

General

  • Price: $1,660,000
  • HOA FEE: $63/month
  • HOA FEE FREQ.: Annually
  • Taxes: $7,022 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4638425
  • Updated: 11/19/2025
  • Added to Site: 351 day(s) ago

Location

  • Area: 34228 - Longboat Key
  • County: Manatee
  • Development Name: 34228 - Longboat Key
  • Subdivision: EMERALD HARBOR
  • Driving Directions: From St. Armand's, go north on Gulf of Mexico Drive on LBK around 9 miles to Emerald Harbor entrance on the right (Binnacle Point Drive). Take the first left onto Emerald Harbor Drive take the first right onto Old Compass Drive and go to 721 Old Compass Drive on your left.

School Information

  • Elementary School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Bayshore High

Community

  • Community Name: 34228 - Longboat Key
  • Community Features: Canal Front, Gulf/Ocean Front, Intracoastal Waterway, Waterfront, Beach Area, Deed Restrictions, Waterfront Complex
  • Association: Yes
  • Assoc. Name: Emerald Harbor HOA

Utilities

  • Sewer: Public Sewer
  • Water District: SARASOTA BAY
  • Water: Public
  • Utility Description: Electricity Available, Sewer Available, Water Available

Structural Information

  • Current Bldg. Use: Residential

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.35
  • Lot Size (Sq. Ft.): 15,189
  • Lot Size: 15189
  • Lot Dimensions: 98 x 155
  • Frontage: Private Road
  • Street/Road Desc.: Asphalt

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Beach - Access Deeded, Canal - Saltwater, Intracoastal Waterway
  • Water Extras: Yes
  • Water Front Name: SARASOTA BAY
  • Water Front Desc.: Canal Front, Gulf/Ocean Front, Waterfront, Saltwater Canal

Financial Considerations

  • Price Per Acre: $4,742,857
  • Association Fee: $750
  • Assoc Fee Freq.: Annually
  • Assoc Fee Desc.: Required
  • Tax Amount: $7,022.26
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LOT 73 EMERALD HARBOR UNIT 2 PI#78877.0000/8
  • Flood Zone Info: AE
  • APN: 7887700008
  • Property ID: 7887700008

Listed by Michael Saunders & Company

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Listing agents

— 721 Old Compass Rd —

  • Michael Saunders & Company

  • Michael Saunders & Company

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 721 Old Compass Rd

School District:Manatee County School District
NameGradesDistance
Anna Maria Elementary School
4700 Gulf Drive, Holmes Beach, FL 34217
PK-56.4 mi
Martha B. King Middle School
600 75th Street Northwest, Bradenton, FL 34209
6-86 mi
Bayshore High School
5401 34th Street West, Bradenton, FL 34210
9-124.5 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 Old Compass Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/19/2025
Price Reduced
$1,660,000
-1.19%
MLS
4/30/2025
Price Reduced
$1,680,000
-1.12%
MLS
3/11/2025
Price Reduced
$1,699,000
-5.35%
MLS
1/30/2025
Listed
$1,795,000
—
MLS
Get Price Alerts and Save Property
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 for 721 Old Compass Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,022
—
$483,387
3%
2024
$7,022
1%
$469,764
3%
2023
$6,966
1%
$456,082
6%
2021
$6,907
1%
$429,901
-3%
2022
$6,832
-1%
$442,798
4%
2021
$6,907
22%
$423,965
4%
2017
$5,677
—
$406,706
6%
2017
$5,677
—
$384,962
2%
2016
$5,674
2%
$377,044
1%
2015
$5,569
-18%
$374,423
-10%
2019
$6,751
21%
$414,433
12%
2014
$5,580
2%
$371,451
1%
2013
$5,462
—
$365,962
—
View All
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 for 721 Old Compass Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Michael Saunders & Company

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721 Old Compass Road, Longboat Key, FL 34228 (MLS# A4638425) is a Lots/Land property with a lot size of 0.35 acres. 721 Old Compass Road is currently listed for $1,660,000 and was received on January 30, 2025. Want to learn more about 721 Old Compass Road? 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.

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