$1,680,000
$115K PRICE DROP

721 Old Compass Rd Longboat Key, FL 34228

Estimated payment $9,441/month

Total Views 5,578
0.35 Acre
$4,800,000 Price per Acre
15,246 Sq Ft Lot

Highlights

  • Community Beach Access
  • Access To Intracoastal Waterway
  • Private Lot
  • Anna Maria Elementary School Rated A-
  • Intracoastal View
  • Landscaped

About This Lot

Take advantage of this great opportunity to build your dream home on an oversized waterfront lot in Emerald Harbor, a premier neighborhood on the north-end of Longboat Key with deeded beach access. This valuable lot is over 15,000 SF with approximately 100’ of waterfront and is located on a wide canal with deep sailboat water and views and direct access to Sarasota Bay. The home was flooded for the first time during Hurricane Helene and has been professionally remediated.

Listing Agent

Julie Klick

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #3103707 Listed on: 01/30/2025

MICHAEL SAUNDERS & COMPANY

Co-Listing Agent

Beverly St Hilaire

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #3231988

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,022

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 98x155
  • Property fronts a saltwater canal
  • Landscaped
  • Private Lot
  • Property is zoned R4SF

HOA Fees

  • $63 Monthly HOA Fees

Property Views

  • Intracoastal
  • Canal

Location

  • In Flood Plain

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Bayshore High School

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 7887700008

Community Details

Overview

  • Emerald Harbor HOA
  • Emerald Harbor Community
  • Emerald Harbor Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Beach Access
  • Access To Intracoastal Waterway
  • Sailboat Water Access
  • Deeded access to the beach
  • Access to Saltwater Canal
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$7,022

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15189
  • Status: Active
  • Co List Office Mls Id: MFR281502392
  • Co List Office Phone: 941-388-4447
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 110.61
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • AG Exemption YN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Canal Front,Gulf/Ocean Front,Intracoastal Waterway,Waterfront
  • Attribution Contact: 941-388-4447
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • View: Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Beach - Access Deeded,Canal - Saltwater,Intracoastal Waterway
  • Water Extras: Sailboat Water,Seawall - Concrete
  • Water View: Canal,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Additional Water Information: Deep sailboat water on wide canal leading out to intercoastal waterway.

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach Area, Deed Restrictions, Waterfront Complex
  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Association Name: Emerald Harbor HOA
  • Association: Yes
  • Association 2 YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 750.00
  • Total Monthly Fees: 62.50
  • Monthly HOA Amount: 62.50

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7887700008
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Flood Plain/Bottom Land, Landscaped, Room For Pool, Private
  • Lot Dimensions: 98x155
  • Flood Zone Code: AE
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 7022.26
  • Tax Book Number: 12-41
  • Tax Lot: 73

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
2025 $7,022 $483,387 -- --
2024 $7,022 $469,764 -- --
2023 $6,966 $456,082 $0 $0
2022 $6,832 $442,798 $0 $0
2021 $6,631 $429,901 $0 $0
2020 $6,869 $423,965 $0 $0
2019 $6,751 $414,433 $0 $0
2018 $6,704 $406,706 $0 $0
2017 $5,677 $384,962 $0 $0
2016 $5,674 $377,044 $0 $0
2015 $5,580 $374,423 $0 $0
2014 $5,580 $371,451 $0 $0
2013 $5,462 $365,962 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2025 04/30/25 Price Changed $1,680,000 0.0% --
04/30/2025 04/30/25 Price Changed $1,680,000 -1.1% $743 / Sq Ft
03/11/2025 03/11/25 Price Changed $1,699,000 0.0% --
03/11/2025 03/11/25 Price Changed $1,699,000 -5.3% $751 / Sq Ft
01/30/2025 01/30/25 For Sale $1,795,000 0.0% --
01/29/2025 01/29/25 For Sale $1,795,000 -- $794 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $330,000 --
Source: Public Records

About the Listing Agent

Julie Klick

MICHAEL SAUNDERS & COMPANY

(941) 389-0862

Section Image

Julie Klick knows Longboat Key real estate. A resident of the island for 15+ years and a REALTOR® for the past 10, Julie’s combination of professional expertise and first-hand market knowledge makes her the agent of choice for buyers and sellers seeking the highest level of professionalism. Voted a Five-Star Real Estate Agent, Julie’s customers describe her as “a great communicator,” “persistent,” “honest,” and “a delight to deal with” - praise that demonstrates Julie’s commitment to

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    This stunning three-bedroom, three-bath villa offers a serene waterfront retreat in the desirable Winding Oaks community of Longboat Key Club. With a spacious open floor plan spanning 2,608 Sf, the maintenance-free home is bathed in natural light and features vaulted ceilings that enhance its airy feel. The inviting living/dining room combo seamlessly connects to a screened-in back deck, perfect

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Source: Stellar MLS

MLS Number: A4638425

Stellar MLS

APN: 78877-0000-8