$1,999,000
$226K PRICE DROP

721 Binnacle Point Dr Longboat Key, FL 34228

Estimated payment $11,687/month

Total Views 7,342
3 Beds
3 Baths
3,229 Sq Ft
$619 Price per Sq Ft

Highlights

  • 96 Feet of Canal Waterfront
  • Access To Intracoastal Waterway
  • Open Floorplan
  • Anna Maria Elementary School Rated A-
  • In Ground Pool
  • Canal View

About This Home

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.*There is currently a 3/3 home on the property that was damaged by Hurricane. The home received approx. 18-20 inches of water throughout. Home could be remodeled with significant effort as the home's bones - exterior block, and main roof are in good solid condition, with functional layout inside with extra storage and home office.

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

  • 0.43 Acre 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
  • 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

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
  • Directions to Property: Follow Gulf Of Mexico Drive from North or South to the 5000 block. Emerald Harbor subdivision is located across the street from the Gulf, in the 5400-5800 Block.
  • Status: Active
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: New Smyrna Beach
  • Escrow Postal Code: 32169
  • Escrow State: FL
  • Escrow Street Name: Causeway N
  • Escrow Street Number: 304
  • List Office Head Office Key Nume: 124636633
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 619.08
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • 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
  • Street Number Modifier: 721
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 299.98
  • Room Count: 5

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: Yes
  • 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 Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 96
  • Flood Zone Date: 2021-08-10
  • 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
  • Homestead YN: 1
  • Lot Size Square Meters: 1747

Green Features

  • Green Verification Count: 0

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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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
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 Change Sq Ft Price
02/26/2025 02/26/25 Price Changed $1,999,000 0.0% $619 / Sq Ft
02/26/2025 02/26/25 Price Changed $1,999,000 -10.2% --
01/29/2025 01/29/25 For Sale $2,225,000 0.0% --
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

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Credit Line Revolving
Source: Public Records

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Source: Stellar MLS

MLS Number: NS1083611

Stellar MLS

APN: 78904-0000-0