Property
ActiveLand
1/57
$1,795,000

741 OLD COMPASS ROAD

Longboat Key, FL 34228
0
Beds
0
Baths
0
SqFt
0.36
Acres
STELLAR
#A4689309
Updated: Jun 4, 2026, 2:08pm

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.

Property Details

Highlights
Waterfront
Yes
Site & Exterior
Current Use
Residential
Flood Zone Code
AE
I D X Participation
Yes
Lot Size Acres
0.36
Lot Size Area
15499
Lot Size Dimensions
100 x 155
Lot Size Square Feet
15499
Lot Size Units
Square Feet
Public Survey Range
16E
Public Survey Section
23
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
Cable Available
Water Access
Yes
Water Extras
Yes
Water Source
Public
Water View
Yes
Waterfront
Yes
Waterfront Features
Canal - Saltwater
Waterfront Feet Total
100
Zoning
R4SF
Financials
Association Fee
750
Association Fee Frequency
Annually
Calculated List Price By Calculated Sq Ft
115.81
Contract Status Change Date
2026-04-08
Current Price
1795000
Feed Types
BBO
Monthly H O A Amount
62.5
Owner Name
ON RECORD
Ownership
Fee Simple
Parcel Number
7887810005
Price Per Acre
4986111
Public Survey Township
35S
Tax Annual Amount
9713.57
Tax Book Number
12-41
Tax Legal Description
LOT 75 EMERALD HARBOR UNIT 2 PI#78878.1000/5
Tax Lot
75
Tax Year
2025
Total Annual Fees
750
Total Monthly Fees
62.5
Construction
Building Area Units
Square Feet
Living Area Units
Square Feet

Neighborhood & Lifestyle

Community & Association
Association Fee Requirement
Required
Association Name
Peggy Hill
M L S Area Major
34228 - Longboat Key
Number Of Pets
6
Pet Size
Extra Large (101+ Lbs.)
Pets Allowed
Cats OKDogs OK
S W Subdiv Community Name
Emerald Harbor
Subdivision Name
EMERALD HARBOR
Listing provided courtesy of STELLAR via IDX. Updated: Jun 4, 2026, 2:08pm.
Steve Walter

Listing Agent

MICHAEL SAUNDERS & COMPANY

Call Agent