$1,649,000
$576K PRICE DROP

721 Binnacle Point Dr Longboat Key, FL 34228

Estimated payment $9,239/month

Total Views 16,093
0.43 Acre
$3,834,884 Price per Acre
18,731 Sq Ft Lot

Highlights

  • 96 Feet of Fresh Water Canal Waterfront
  • Water access To Gulf or Ocean
  • High Speed Internet

About This Lot

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.

Listing Agent

James Frost

KINCAID REALTY Brokerage Phone: 386-420-7800 License #3358578 Listed on: 01/29/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,896

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 96 x 198
  • 96 Feet of Fresh Water Canal Waterfront
  • South Facing Home
  • Well Sprinkler System
  • Property is zoned R4SF

HOA Fees

  • $50 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Well
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 99
  • Assessor Parcel Number 7890400000

Community Details

Overview

  • HOA Manager Association
  • Emerald Harbor Community
  • Emerald Harbor Subdivision

Recreation

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Access to Freshwater Canal

Property Details

Property Type

Land

Est. Annual Taxes

$6,896

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.43
  • Lot Size Sq Ft: 18809
  • Status: Active
  • Ownership: Fee Simple
  • Escrow City: New Smyrna Beach
  • Escrow State: FL
  • Escrow Street Name: S Riverside Drive Suite 104
  • RATIO Current Price By Calculate: 87.67
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_DockYN: 0
  • Attribution Contact: 386-420-7800
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: South
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Canal - Freshwater,Gulf/Ocean,Intracoastal Waterway
  • Water View YN: 0
  • Waterfront Feet Total: 96
  • Flood Zone Panel: 12081C0291F
  • Additional Water Information: Widest canal on Longboat Key.
  • Water Frontage Feet Canal Fresh: 96

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electrical Nearby, Natural Gas Available, Public, Sewer Available, Sewer Connected, Sprinkler Well, Telephone Nearby, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public, Well

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Name: HOA manager
  • Association: Yes
  • Association 2 YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 600.00
  • Total Monthly Fees: 50.00
  • Monthly HOA Amount: 50.00

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7890400000
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 96 x 198
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 6896
  • Tax Book Number: 12-41
  • Tax Lot: 99

Multi Family

  • Waterfront Features: Canal - Freshwater

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,896 $479,820 -- --
2024 $6,896 $466,297 -- --
2023 $6,591 $436,519 $0 $0
2022 $6,531 $423,805 $0 $0
2021 $6,602 $411,461 $0 $0
2020 $6,564 $405,780 $0 $0
2019 $6,452 $396,657 $0 $0
2018 $6,406 $389,261 $0 $0
2017 $5,618 $381,255 $0 $0
2016 $5,615 $373,413 $0 $0
2015 $5,520 $370,817 $0 $0
2014 $5,520 $367,874 $0 $0
2013 $5,403 $362,437 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 Price Changed $1,649,000 0.0% --
11/13/2025 11/13/25 For Sale $1,649,000 -8.3% --
09/05/2025 09/05/25 Off Market $1,799,000 -- --
08/20/2025 08/20/25 Price Changed $1,799,000 -10.0% --
02/26/2025 02/26/25 Price Changed $1,999,000 -10.2% --
01/29/2025 01/29/25 For Sale $2,225,000 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Deed $100 --
Interfamily Deed Transfer -- Attorney
Warranty Deed -- --
Source: Public Records

Source: Stellar MLS

MLS Number: NS1083714

Stellar MLS

APN: 78904-0000-0