$1,680,000
$115K PRICE DROP

721 Old Compass Rd Longboat Key, FL 34228

Estimated payment $9,926/month

Total Views 6,017
3 Beds
2 Baths
2,262 Sq Ft
$743 Price per Sq Ft

Highlights

  • 108 Feet of Canal Waterfront
  • Beach Access
  • Heated In Ground Pool
  • Anna Maria Elementary School Rated A-
  • Intracoastal View
  • Bonus Room

About This Home

Check out the new photos in the photo gallery. Beautiful waterfront home in the highly sought-after neighborhood of Emerald Harbor on north Longboat Key! A beautiful boating community with wide, deep-water canals with easy access to the intercoastal and Cannon’s Marina. This particular property has a one-story three-bedroom pool home with approximately 2,200 SF of living space located on an oversized 15,000 SF lot. It had some water intrusion for the first time from Hurricane Helene but has been professionally remediated and is ready for renovation. The home has a newer metal roof (2021), a newer A/C (2023) and a 30 ft pool. Another option is to build your dream home on this large lot to take advantage of the intercoastal water views. Emerald Harbor has its own deeded beach access across the street on Gulf of Mexico Drive. Close to many new restaurants and shops.

Listing Agent

Julie Klick

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #3103707 Listed on: 01/29/2025

MICHAEL SAUNDERS & COMPANY

Co-Listing Agent

Beverly St Hilaire

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,022

Year Built

  • Built in 1969

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 98x155
  • 108 Feet of Canal Waterfront
  • Home fronts a canal
  • South Facing Home
  • Landscaped
  • Property is zoned R4SF

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Intracoastal
  • Full Bay or Harbor
  • Canal

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 2,262 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Shutters
  • Great Room
  • Combination Dining and Living Room
  • Bonus Room
  • Sun or Florida Room
  • Range Hood

Flooring

  • Concrete
  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Accessible Home Design

  • Accessible Entrance

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Pool Tile

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • Access to Saltwater Canal
  • Seawall
  • Patio
  • Rain Barrels or Cisterns
  • Private Mailbox

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating Available

Community Details

  • Association fees include trash
  • Emerald Harbor HOA / Susan Jones Association, Phone Number (610) 999-9078
  • Visit Association Website
  • Emerald Harbor Community
  • Emerald Harbor Subdivision
  • The community has rules related to building or community restrictions, deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,022

Year Built

Built in 1969

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • HOA Fee Includes: Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2262
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1969
  • Accessibility Features: Accessible Entrance
  • Building Area Total: 2818
  • Lot Size Sq Ft: 15189
  • Directions to Property: From St. Armand's, go north on Gulf of Mexico Drive on LBK around 9 miles to Emerald Harbor entrance on the right (Binnacle Point Drive). Take the first left onto Emerald Harbor Drive, take the first right onto Old Compass Drive and go to 721 Old Compass Drive on your left.
  • Status: Active
  • Co List Office Mls Id: MFR281502392
  • Co List Office Phone: 941-388-4447
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 742.71
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Planned Unit Development Yn: 1
  • AG Exemption YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front,Water Access,Waterfront
  • Water Frontage Feet Canal Front: 108
  • Attribution Contact: 941-388-4447
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Concrete, Terrazzo
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom
  • Appliances Included: Range Hood
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Shutters
  • Street Number Modifier: 721
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room,Great Room
  • Living Area Meters: 210.15
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, Heated, In Ground, Tile
  • Exterior Features: Private Mailbox, Rain Barrel/Cistern(s)
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Road Surface Type: Asphalt
  • Water Access: Beach,Beach - Access Deeded,Canal - Saltwater,Gulf/Ocean,Intracoastal Waterway
  • Water Extras: Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Partial,Canal,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 108
  • Additional Water Information: Emerald Harbor deeded beach access is across the street from community entrance on Gulf of Mexico Drive.

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Cooling: Central Air, Zoned
  • Heating: Electric
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Special Community Restrictions
  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Association Name: Emerald Harbor HOA / Susan Jones
  • Phone: 610-999-9078
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association URL: www.emeraldharborlbk.com

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
  • Lot Features: Flood Insurance Required, FloodZone, Landscaped, Paved
  • Lot Dimensions: 98x155
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1411
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Minimum lease is one month.

Tax Info

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

Multi Family

  • Waterfront Features: 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 $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 Change Sq Ft Price
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

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Source: Stellar MLS

MLS Number: A4638118

Stellar MLS

APN: 78877-0000-8