ActiveWATERFRONT
1 / 2
$1,795,000
HOA: $750/anTaxes: $9,714/yr57d on market

Emerald Harbor

741 OLD COMPASS RD, LONGBOAT KEY, FL, 34228

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0 Baths

Key Features

Canal Front
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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
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)
  • 57 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.

Subdivision
EMERALD HARBOR
County
Manatee
Zip Code
34228

Neighborhood

Map unavailable

Type
Land
Living Area
Construction
Roof
Flooring
Pool
None
HOA
$750 / Annually
  • Cable Available
Bedrooms
Bathrooms
0
Year Built
Construction
Flooring
Roof
Garage Spaces
0
Cooling
Heating
Waterfront
Yes
Pet Restrictions
Cats Ok, Dogs Ok
Lot Size
0.36 acres
Senior Community
Building Elevator
Pet Size
Extra Large (101+ Lbs.)
# of Pets
6
Max Pet Weight
Tax Year
2025
Annual Tax Amount
$9,714

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
$809
Est. Insurance
$598
Total Est. Monthly Cost$10,547

* 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.

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