$1,895,000

741 Old Compass Rd Longboat Key, FL 34228

Estimated payment $11,101/month

Total Views 4,964
3 Beds
3 Baths
2,173 Sq Ft
$872 Price per Sq Ft

Highlights

  • 100 Feet of Salt Water Canal Waterfront
  • Sailboat Water Access
  • Full Bay or Harbor Views
  • Dock has access to electricity
  • Heated In Ground Pool
  • Deck

About This Home

Exceptional opportunity to own a Longboat Key waterfront home in the highly desired community of Emerald Harbor. This 3BR/2BA, 1,926-sf canal front home with pool sits on an oversized 100x155-ft lot along one of Longboat’s widest canals (~110 ft) offering deep-water boating access just a half mile to the Intracoastal Waterway. Private beach access with parking is less than half a mile away. The property experienced storm-related water damage in 2024 and is ready for renovation or a brand-new custom home build. Enjoy island living close to The St. Regis Longboat Key Resort, The Resort at Longboat Key Club, St. Armands Circle, and North Longboat Village favorites—Shore, Mar Vista, Whitney’s, and Lazy Lobster. Emerald Harbor Longboat Key home for sale combines boating, beach access, and the ultimate Florida lifestyle—an unbeatable fixer-upper Longboat Key canal-front opportunity in one of the island’s premier neighborhoods.

Listing Agent

Steve and Janet Walter

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3436836 Listed on: 04/07/2026

MICHAEL SAUNDERS & COMPANY

Co-Listing Agent

Janet Walter

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,776

Year Built

  • Built in 1969

Lot Details

  • 15,550 Sq Ft Lot
  • Lot Dimensions are 100x155
  • 100 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Southeast Facing Home
  • Vinyl Fence
  • Mature Landscaping
  • Level Lot
  • Irrigation Equipment
  • Property is zoned R4SF

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Full Bay or Harbor
  • Canal

Home Design

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

Interior Spaces

  • 2,173 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shade Shutters
  • Shades
  • French Doors
  • Sliding Doors
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Inside Utility
  • Ceramic Tile Flooring

Kitchen

  • Recirculated Exhaust Fan
  • Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Hurricane or Storm Shutters
  • Storm Windows

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Pool is Self Cleaning
  • Outdoor Shower
  • Outside Bathroom Access
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Sailboat Water Access
  • Access to Saltwater Canal
  • Davits
  • Seawall
  • Dock has access to electricity
  • Dock Does Not Have A Water Supply
  • Dock made with wood
  • Open Dock
  • Dock made with Composite Material
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

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
  • Propane
  • Water Filtration System
  • Electric Water Heater
  • Water Softener
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • Association fees include common area taxes, escrow reserves fund
  • Peggy Hill Association
  • Eha Association
  • Emerald Harbor Community
  • Emerald Harbor Subdivision
  • The community has rules related to allowable golf cart usage in the community

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,776

Year Built

Built in 1969

Lot Details

0.36 Acres

HOA Fees

$63 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Escrow Reserves Fund
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2173
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 2910
  • Lot Size Sq Ft: 15550
  • Status: Active
  • Co List Office Mls Id: MFR281502004
  • Co List Office Phone: 941-383-7591
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 270.35
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • Number Of Pets: 6
  • RATIO Current Price By Calculate: 872.07
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • AG Exemption YN: 0
  • MFR_NumAssignedParkingSpaces: 2
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: 2 Point Moorage,Dock - Composite,Dock - Open,Dock - Wood,Dock w/Electric,Dock w/o Water Supply
  • MFR_DockYN: 1
  • MFR_DockMaintenanceFeeFrequency: N/A
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front,Water Access
  • 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), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters
  • Appliances Included: Electric Water Heater, Exhaust Fan, Microwave, Water Filtration System, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Shades, Shutters, Storm Window(s)
  • Additional Rooms: Family Room,Great Room,Inside Utility
  • Living Area Meters: 201.88

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: Gunite, Heated, In Ground, Lighting, Outside Bath Access, Self Cleaning, Tile
  • Exterior Features: French Doors, Hurricane Shutters, Outdoor Shower, Rain Gutters, Shade Shutter(s), Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Water Access: Canal - Saltwater
  • Water Extras: Davits,Sailboat Water,Seawall - Concrete
  • Water Frontage Feet Canal Salt: 100
  • Water View: Bay/Harbor - Partial,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: Driveway, Garage Door Opener, Ground Level, Off Street

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Propane, 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: Golf Carts OK, Street Lights
  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Association Name: Peggy Hill
  • Association: Yes
  • Senior Community: No
  • Association: EHA
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Check Longboat and Manatee Ordinance
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0
  • Pet Size: Extra Large (101+ Lbs.)

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: 7887810005
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: FloodZone, Landscaped, Level, Street Dead-End, Paved
  • Lot Dimensions: 100x155
  • Property Attached Yn: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check Longboat and Manatee Ordinance

Tax Info

  • Tax Annual Amount: 11776
  • Tax Book Number: 12-41
  • Tax Lot: 75

Multi Family

  • Waterfront Features: Canal - Saltwater

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,776 $642,404 $616,250 $26,154
2024 $11,776 $777,297 -- --
2023 $11,692 $754,657 $0 $0
2022 $11,475 $732,677 $0 $0
2021 $11,152 $711,337 $0 $0
2020 $11,556 $701,516 $425,000 $276,516
2019 $12,261 $701,516 $425,000 $276,516
2018 $12,256 $692,306 $425,000 $267,306
2017 $11,400 $706,026 $0 $0
2016 $11,127 $673,923 $0 $0
2015 $10,844 $664,073 $0 $0
2014 $10,844 $646,020 $0 $0
2013 $9,906 $593,661 $395,800 $197,861
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/07/2026 04/07/26 For Sale $1,895,000 -- $872 / Sq Ft
Source: Stellar MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Deed $610,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $417,000 Purchase Money Mortgage
Source: Public Records

Source: Stellar MLS

MLS Number: A4684578

Stellar MLS

APN: 78878-1000-5

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