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741 OLD COMPASS ROAD

Lots/Land For Sale
$1,795,000

BTC: 27.96402720

ETH: 1,018.18553099

-$100K (2026/06/04)
75 days
Waterfront
0 room(s)

Overview

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.

Location

Florida • LONGBOAT KEY • 34228 • Lots/Land • For Sale • Waterfront

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.36 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$750

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,422,500
$531K – $2.3M
Confidence Low
List vs. estimate
$372K above estimate
List $1,795,000 · +26.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,713
2025
HOA
$750/yr
Waterfront
Canal - Saltwater
Pets
Allowed
All facts and features

  • Lot

    • Lot: 0.36 Acres

    Other Property Information

    • Parcel Number: 7887810005

    • Zoning: R4SF

  • Type and style

    • Property Type: Land

  • Utility

    • Cable Available

  • Other financial information

    • HOA: $750

    • HOA Frequency: Annually

    • Annual tax amount: $9,714

  • Source details

    • MLS ID: A4689309

    Other facts

    • Waterfront: Yes

    • Water Source: Public

    • Lot Size Dimensions: 100 x 155

    • Subdivision Name: EMERALD HARBOR

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
34228
396
median $997K
Active
Same city
LONGBOAT KEY
395
median $995K
Active
Same type
Lots/Land
40
median $1.2M
Active
Similar price
$1.3M – $2.3M
62
median $1.7M
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: MICHAEL SAUNDERS & COMPANY