$1,599,000
$626K PRICE DROP

721 Binnacle Point Dr Longboat Key, FL 34228

Estimated payment $9,161/month

Total Views 19,617
3 Beds
3 Baths
3,229 Sq Ft
$495 Price per Sq Ft

Highlights

  • 96 Feet of Canal Waterfront
  • In Ground Pool
  • Canal View
  • Access To Intracoastal Waterway
  • Open Floorplan
  • Florida Architecture

About This Home

PREMIER LOCATION in Emerald Harbor -- HOUSE TO BE DEMOLISHED -- LOT IS GRADED AND READY TO BUILD -- 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 SF upon which to build your dream home. Build new and enjoy long views east and west down the canal and the beautiful 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! *The 3/3 home on the property that was damaged by Hurricane has been removed.

Listing Agent

James Frost

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,896

Year Built

  • Built in 1973

Lot Details

  • 18,809 Sq Ft Lot
  • 96 Feet of Canal Waterfront
  • Property fronts a saltwater canal
  • South Facing Home
  • Oversized Lot
  • Well Sprinkler System
  • Garden
  • Property is zoned R4SF

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Florida Architecture
  • Fixer Upper
  • Slab Foundation
  • Tile Roof
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 3,229 Sq Ft Home
  • Open Floorplan
  • Awning
  • Family Room Off Kitchen
  • Living Room
  • Canal Views

Kitchen

  • Walk-In Pantry
  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Water Heater

Outdoor Features

  • In Ground Pool
  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • No Wake Zone
  • Patio
  • Outdoor Storage
  • Rain Gutters

Schools

  • Anna Maria Elementary School
  • Electa Arcotte Lee Magnet Middle School
  • Manatee High School

Utilities

  • Central Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • Susan Mcveigh Jones Association
  • Emerald Harbor Community
  • Emerald Harbor Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,896

Year Built

Built in 1973

Lot Details

0.43 Acres

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3229
  • Lot Size Acres: 0.43
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 3802
  • Lot Size Sq Ft: 18809
  • Status: Active
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 353.22
  • Escrow City: New Smyrna Beach
  • Escrow State: FL
  • Escrow Street Name: S Riverside Dr. Suite 104
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 495.20
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Water Frontage Feet Canal Front: 96
  • Attribution Contact: 386-420-7800
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Interior Amenities: Kitchen/Family Room Combo, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Solar Hot Water, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Spa Yn: No
  • Living Area Meters: 299.98

Exterior Features

  • Direction Faces: South
  • Pool Features: In Ground
  • Exterior Features: Awning(s), Garden, Rain Gutters, Storage
  • Roof: Membrane, Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor,Canal - Saltwater,Intracoastal Waterway
  • Water Extras: Bridges - Fixed,No Wake Zone,Seawall - Concrete
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 96
  • Flood Zone Panel: 12081C0291F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Sprinkler Well, Underground Utilities, Water Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Ductless
  • Laundry Features: Inside, Laundry Room
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Name: Susan McVeigh Jones
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required

Fee Information

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

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Manatee High
  • Middle Or Junior School: Electa Arcotte Lee Magnet

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7890400000
  • Additional Parcels: No
  • Lot Features: Oversized Lot
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Lease Restrictions YN: 0

Tax Info

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

Multi Family

  • Waterfront Features: Canal - Saltwater, Canal Front

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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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 -- --
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2026 04/06/26 Price Changed $1,599,000 0.0% $495 / Sq Ft
04/06/2026 04/06/26 For Sale $1,599,000 -3.0% $495 / Sq Ft
11/13/2025 11/13/25 Off Market $1,649,000 -- --
09/24/2025 09/24/25 Price Changed $1,649,000 -2.9% $511 / Sq Ft
09/16/2025 09/16/25 Price Changed $1,699,000 -5.6% $526 / Sq Ft
08/20/2025 08/20/25 Price Changed $1,799,000 -10.0% $557 / Sq Ft
02/26/2025 02/26/25 Price Changed $1,999,000 -10.2% $619 / Sq Ft
01/29/2025 01/29/25 For Sale $2,225,000 -- $689 / Sq Ft
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: NS1083611

Stellar MLS

APN: 78904-0000-0

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