NOT LISTED FOR SALE

740 Old Compass Rd Longboat Key, FL 34228

Estimated Value: $1,288,000 - $1,543,000

4 Beds
3 Baths
2,586 Sq Ft
$565/Sq Ft Est. Value

Last Sold June 11, 2025

Last sale price $1,500,000 $580 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $8,636/month

88 Days on Market

Highlights

  • 100 Feet of Salt Water Canal Waterfront
  • Access to Bay or Harbor
  • Heated In Ground Pool
  • Dock has access to electricity and water
  • Boat Lift
  • Bayou View

About This Home

As of June 2025

One or more photo(s) has been virtually staged. Unique opportunity to renovate (or build) in Emerald Harbor - one of Longboat Key's most sought-after neighborhoods; one of the few single family home communities that includes private beach access. Located on the widest canal on the Key (150ft), this 155ft x 100ft lot offers limitless possibilities. The existing structure was flooded during hurricane Helene, but has been professionally remediated and is ready for renovation. The 2,586ft 4BR home has an open floor plan, large pool/outdoor entertainment area and oversized garage. Call to arrange showing.

Last Agent to Sell the Property

Steve and Janet Walter

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3436836 Listed on: 01/27/2025

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Janet Walter

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3018579

Last Buyer's Agent

Steve and Janet Walter

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3436836 Listed on: 01/27/2025

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,204

Year Built

  • Built in 1971

Lot Details

  • 0.36 Acre Lot
  • 100 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Northwest Facing Home
  • Mature Landscaping
  • Irrigation Equipment
  • Property is zoned R4SF

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Bayou
  • Canal

Home Design

  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,586 Sq Ft Home
  • Ceiling Fan
  • Shades
  • Blinds
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Pool Deck
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Access to Bay or Harbor
  • Access To Bayou
  • Access to Saltwater Canal
  • Seawall
  • No Wake Zone
  • Minimum Wake Zone
  • Boat Lift
  • Dock has access to electricity and water
  • Deeded Boat Dock
  • Dock made with Composite Material
  • Deck
  • Rain Gutters
  • Rear Porch

Location

  • Flood Zone Lot

Schools

  • Anna Maria Elementary School
  • W.D. Sugg Middle School
  • Bayshore High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Community Details

  • Association fees include common area taxes
  • Marge Langteau Association, Phone Number (214) 505-9586
  • Visit Association Website
  • Emerald Harbor Community
  • Emerald Harbor Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,204

Year Built

Built in 1971

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2586
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1971
  • Building Area Total: 3480
  • Lot Size Sq Ft: 15499
  • Status: Sold
  • Co List Office Mls Id: MFR281502004
  • Co List Office Phone: 941-383-7591
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 323.30
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 580.05
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite,Dock - Slip Deeded On-Site,Dock w/Electric,Dock w/Water Supply,Lift
  • MFR_DockYN: 1
  • MFR_DockMaintenanceFeeFrequency: N/A
  • Attribution Contact: 941-383-7591
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Other
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Blinds, Shades
  • Living Area Meters: 240.25

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Deck, Gunite, Heated, In Ground, Lighting, Tile
  • Exterior Features: Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Rear Porch
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor,Bayou,Canal - Saltwater
  • Water Extras: Lift,Minimum Wake Zone,No Wake Zone,Sailboat Water,Seawall - Concrete
  • Water Frontage Feet Canal Salt: 100
  • Water View: Bayou,Canal
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Flood Zone Panel: 12081C0291F

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Association Name: Marge Langteau
  • Phone: 214-505-9586
  • Association: Yes
  • Security: Fire Alarm, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: margelangteau@verizon.net
  • Association URL: https://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: W.D. Sugg Middle

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7888800005
  • Additional Parcels: No
  • Lot Features: FloodZone, City Limits
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 1 mo min retals allowed per the Town of Longboat Key code.

Tax Info

  • Tax Annual Amount: 11204
  • Tax Book Number: 12-41
  • Tax Lot: 84

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2010
Sold by
Musso Anthony and Musso Laura
Bought by
Cable Diana K
Current Estimated Value
$1,462,305

Purchase Details

Closed on
Nov 21, 1995
Sold by
Chillington Inv Ltd
Bought by
Barrow Dudley C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.48%
Source: Public Records

Range of Values:

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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cable Diana K $850,000 None Available
Barrow Dudley C $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrow Dudley C $90,000
Previous Owner Barrow Dudley C $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2025 06/11/25 Sold $1,500,000 -11.0% $580 / Sq Ft
04/25/2025 04/25/25 Pending -- -- --
04/07/2025 04/07/25 Price Changed $1,685,000 -3.7% $652 / Sq Ft
02/18/2025 02/18/25 Price Changed $1,750,000 -7.9% $677 / Sq Ft
01/27/2025 01/27/25 For Sale $1,900,000 -- $735 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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 $11,204 $1,379,348 $616,250 $763,098
2024 $11,204 $738,962 -- --
2023 $11,124 $717,439 $0 $0
2022 $10,917 $696,543 $0 $0
2021 $10,608 $676,255 $0 $0
2020 $10,992 $666,918 $0 $0
2019 $10,808 $651,924 $0 $0
2018 $10,738 $639,768 $0 $0
2017 $9,511 $626,609 $0 $0
2016 $9,513 $613,721 $0 $0
2015 $9,494 $609,455 $0 $0
2014 $9,494 $604,618 $0 $0
2013 $9,295 $595,683 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve and Janet Walter

    Seller's Agent in 2025

    Steve and Janet Walter

    Michael Saunders

    (941) 809-0907

    51 in this area

    62 Total Sales

    Steve and Janet Walter
    Section Image
  • Janet Walter

    Seller Co-Listing Agent in 2025

    Janet Walter

    Michael Saunders

    (941) 232-2000

    51 in this area

    64 Total Sales

    Janet Walter
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4636920

Stellar MLS

APN: 78888-0000-5

Florida Manatee County Longboat Key 34228

740 Old Compass Rd, Longboat Key, FL

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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