741 Old Compass Road, Longboat Key, FL 34228 - Photo 1

1/1

$1,895,000

For Sale
Active
Lots/Land
0.36 Acres
Updated 10 days ago

1/1

Property Description

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. 'Professional photography coming soon'

Full Property Details

Full Property Details for 741 Old Compass Rd

General

Price: $1,895,000
HOA FEE: $63/month
HOA FEE FREQ.: Annually
Taxes: $9,713 (2025)
Status: Active
Type: Lots/Land
Source: MidFloridaRegionalMLS
MLS ID: A4689309
Updated: 4/8/2026
Added to Site: 10 day(s) ago

Location

Area: 34228 - Longboat Key
County: Manatee
Development Name: 34228 - Longboat Key
Subdivision: EMERALD HARBOR
Driving Directions: From St. Armands Circle, to Gulf of Mexico, turn right on Binnacle Point Dr, left on Old Compass Dr, house on left.

Community

Community Name: 34228 - Longboat Key
Association: Yes
Assoc. Name: Peggy Hill
Number of Pets: 6

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable TV Available

Structural Information

Current Bldg. Use: Residential

Lot Features

Lot Size (Acres): 0.36
Lot Size (Sq. Ft.): 15,499
Lot Size: 15499
Lot Dimensions: 100 x 155
Street/Road Desc.: Paved

Water Features

Water Front: Yes
Water Access: Yes
Water Access Desc: Canal - Saltwater
Water Extras: Yes
Water Front Desc.: Saltwater Canal

Financial Considerations

Price Per Acre: $5,263,889
Association Fee: $750
Assoc Fee Freq.: Annually
Assoc Fee Desc.: Required
Tax Amount: $9,713.57
Tax Year: 2025

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: None
Legal Description: LOT 75 EMERALD HARBOR UNIT 2 PI#78878.1000/5
Flood Zone Info: AE
APN: 7887810005
Property ID: 7887810005

Listed by Michael Saunders & Company

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Listing agents

— 741 Old Compass Rd —

Michael Saunders & Company
Michael Saunders & Company

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Schools

Schools serving 741 Old Compass Rd

School District:Manatee County School District

Name	Grades	Distance
Anna Maria Elementary School 4700 Gulf Drive, Holmes Beach, FL 34217	PK-5	6.4 mi
Martha B. King Middle School 600 75th Street Northwest, Bradenton, FL 34209	6-8	5.9 mi
Bayshore High School 5401 34th Street West, Bradenton, FL 34210	9-12	4.5 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 741 Old Compass Rd Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/08/2026

Listed

$1,895,000

210.66%

MLS

1/29/2009

Sold

$610,000

—

Public Record

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.

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741 Old Compass Road, Longboat Key, FL 34228 (MLS# A4689309) is a Lots/Land property with a lot size of 0.36 acres. 741 Old Compass Road is currently listed for $1,895,000 and was received on April 08, 2026. Want to learn more about 741 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.

741 Old Compass Rd Longboat Key, FL 34228