Elementary
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ActivePOOL HOMEWATERFRONTNO CDD
$1,795,000
$826/sqft5% reduced
HOA: $750/an|Taxes: $11,776/yr|58d on market
Emerald Harbor
741 OLD COMPASS RD, LONGBOAT KEY, FL, 34228
View all homes for sale in Emerald Harbor →3 Beds|3 Baths|2,173 Sq Ft|Built 1969|2 Car Garage
Key Features
Private PoolCanal FrontWater ViewSingle StorySpa/Hot Tub
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💡 Price recently reduced — this could be a great opportunity to negotiate.
Waterfront & Dock
- Waterfront
- Canal - Saltwater
- Water Frontage
- 100 ft
- Dock
- Yes
- Year Built
- 2009
- Dimensions
- 20
- Description
- 2 Point Moorage, Dock - Composite, Dock - Open, Dock - Wood, Dock W/electric, Dock W/o Water Supply
Golf Course
- Feature
- Golf Carts Ok
- Community
- Yes
C2C
Coast 2 Coast Home Realty
Licensed Florida Realtors
4.9· 214 reviews
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Buyer Insights
Here's what we know about this listing.
Why this home stands out
- Price reduced 5% ($100,000 off original)
- 58 days on market
Buyer Insights are informational only — always verify with your agent.
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.
- City
- LONGBOAT KEY
- Subdivision
- EMERALD HARBOR
- County
- Manatee
- Zip Code
- 34228
- Community
- Emerald Harbor
School Report Card
Source: FL Dept. of Education
ABCDF
Middle
High
Neighborhood
Map unavailable
- Type
- Single Family Residence
- Living Area
- 2,173 sqft
- Construction
- Block, Stucco
- Roof
- Tile
- Flooring
- Tile
- Pool
- Yes
- HOA
- $750 / Annually
- Ceiling Fans(s)
- Living Room/dining Room Combo
- Primary Bedroom Main Floor
- Solid Surface Counters
- French Doors
- Hurricane Shutters
- Outdoor Shower
- Rain Gutters
- Shade Shutter(s)
- Sliding Doors
- Electric Water Heater
- Exhaust Fan
- Microwave
- Water Filtration System
- Water Softener
- Electric Dryer Hookup
- Inside
- Laundry Room
- Washer Hookup
- Covered
- Deck
- Rear Porch
- Screened
- Floodzone
- Landscaped
- Level
- Street Dead-end
- Paved
- Cable Connected
- Electricity Connected
- Fiber Optics
- Propane
- Public
- Sewer Connected
- Underground Utilities
- Water Connected
- Golf Carts Ok
- Street Lights
- Gulf/ocean Front
- Water Access
- Common Area Taxes
- Escrow Reserves Fund
- Bedrooms
- 3
- Bathrooms
- 3
- Year Built
- 1969
- Construction
- Block, Stucco
- Flooring
- Tile
- Roof
- Tile
- Garage Spaces
- 2
- Cooling
- Central Air
- Heating
- Central, Electric
- Waterfront
- Yes
- Pet Restrictions
- Cats Ok, Dogs Ok
- Lot Size
- 0.36 acres
- Senior Community
- No
- Building Elevator
- No
- Pet Size
- Extra Large (101+ Lbs.)
- # of Pets
- 6
- Max Pet Weight
- —
- Tax Year
- 2024
- Annual Tax Amount
- $11,776
Association Fees
HOA Fee
Peggy Hill
$750/ Annually
Down Payment20% — $359,000
Interest Rate6.50%
Loan Term
- Est. Mortgage
- $9,076
- HOA Fee
- $63
- Est. Property Tax
- $981
- Est. Insurance
- $598
Total Est. Monthly Cost$10,719
* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.