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.
For sale
Price cut: $100K (6/4)
$1,795,000
741 Old Compass Rd, Longboat Key, FL 34228
3beds
2,173sqft
Single Family Residence
Built in 1969
0.36 Acres Lot
$-- Zestimate®
$826/sqft
$63/mo HOA
What's special
Longboat key waterfront homeDeep-water boating access
- 68 days |
- 574 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Steve Walter 941-809-0907,
MICHAEL SAUNDERS & COMPANY 941-383-7591,
Janet Walter 941-232-2000,
MICHAEL SAUNDERS & COMPANY
Source: Stellar MLS,MLS#: A4684578
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Family Room, Great Room, Utility Room
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Bedroom 3
- Features: Built-in Closet
- Level: First
Primary bathroom
- Features: Built-in Closet
- Level: First
Great room
- Features: No Closet
- Level: First
Kitchen
- Features: No Closet
- Level: First
Living room
- Features: No Closet
- Level: First
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Exhaust Fan, Microwave, Water Filtration System, Water Softener
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Features
- Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters
- Flooring: Porcelain Tile
- Doors: French Doors, Outdoor Shower, Sliding Doors
- Windows: Hurricane Shutters, Shutters
- Has fireplace: No
Interior area
- Total structure area: 2,910
- Total interior livable area: 2,173 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage Door Opener, Ground Level, Off Street
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions: 24X12
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Rear Porch, Screened
- Exterior features: Irrigation System, Outdoor Shower, Rain Gutters
- Has private pool: Yes
- Pool features: Gunite, Heated, In Ground, Lighting, Outside Bath Access, Self Cleaning, Tile
- Has spa: Yes
- Spa features: Heated, In Ground
- Fencing: Vinyl
- Has view: Yes
- View description: Water, Bay/Harbor - Partial, Canal
- Has water view: Yes
- Water view: Water,Bay/Harbor - Partial,Canal
- Waterfront features: Gulf/Ocean Front, Canal - Saltwater, Saltwater Canal Access, Davits, Sailboat Water, Seawall
Lot
- Size: 0.36 Acres
- Dimensions: 100 x 155
- Features: FloodZone, Landscaped, Level, Street Dead-End
- Residential vegetation: Mature Landscaping
Details
- Parcel number: 7887810005
- Zoning: R4SF
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida,Ranch
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Tile
Condition
- Completed
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Fiber Optics, Propane, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Gulf/Ocean Front, Water Access, Golf Carts OK
- Pet fee: $0 monthly
- Subdivision: EMERALD HARBOR
HOA
- Has HOA: Yes
- Services included: Common Area Taxes, Reserve Fund
- HOA fee: $63 monthly
- HOA name: Peggy Hill
- Second HOA name: EHA
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $826/sqft
- Tax assessed value: $642,404
- Annual tax amount: $11,776
- Date on market: 4/7/2026
- Cumulative days on market: 69 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Price change | $1,795,000-5.3%$826/sqft |
Source:  Stellar MLS #A4684578 Report a problem | ||
| 4/7/2026 | Listed for sale | $1,895,000+72.4%$872/sqft |
Source: Stellar MLS #A4684578 Report a problem | ||
| 9/2/2016 | Listing removed | $1,099,000$506/sqft |
Source: Premier Sotheby's International Realty #A4149873 Report a problem | ||
| 4/6/2016 | Listed for sale | $1,099,000+80.2%$506/sqft |
Source: Premier Sotheby's International Realty #A4149873 Report a problem | ||
| 2/3/2009 | Sold | $610,000$281/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,304 -12.5% | $642,404 -17.4% |
| 2024 | $11,776 +0.7% | $777,297 +3% |
| 2023 | $11,692 +1.9% | $754,657 +3% |
| 2022 | $11,475 -1.2% | $732,677 +3% |
| 2021 | $11,616 +0.5% | $711,337 +1.4% |
| 2020 | $11,556 -5.8% | $701,516 |
| 2019 | $12,261 | $701,516 +1.3% |
| 2018 | $12,261 +0% | $692,306 -1.9% |
| 2017 | $12,256 +13% | $706,026 +4.8% |
| 2016 | $10,844 | $673,923 +1.5% |
| 2015 | $10,844 | $664,073 +2.8% |
| 2014 | $10,844 +9.5% | $646,020 +8.8% |
| 2013 | $9,906 +990506% | $593,661 +7% |
| 2012 | $1 | $554,825 -5.3% |
| 2011 | $1 | $586,047 -3.4% |
| 2010 | -- | $606,690 -19% |
| 2009 | $12,319 -18.8% | $748,606 +141.7% |
| 2008 | $15,175 +237.6% | $309,708 +3% |
| 2007 | $4,496 -3.8% | $300,687 +2.5% |
| 2006 | $4,674 -0.4% | $293,353 +3% |
| 2005 | $4,691 +1.3% | $284,809 +3% |
| 2004 | $4,631 -1.3% | $276,514 +1.9% |
| 2003 | $4,694 +0.7% | $271,358 +2.4% |
| 2002 | $4,663 +1.4% | $264,998 +1.6% |
| 2001 | $4,600 +1.3% | $260,825 +3% |
| 2000 | $4,541 | $253,228 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 34228
Nearby schools
GreatSchools rating
- 8/10Anna Maria Elementary SchoolGrades: PK-5Distance: 6.4 mi
- 2/10Bayshore High SchoolGrades: 8-12Distance: 4.5 mi
- 4/10Martha B. King Middle SchoolGrades: 6-8Distance: 5.9 mi
Schools provided by the listing agent
- Elementary: Anna Maria Elementary
- Middle: W.D. Sugg Middle
- High: Bayshore High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Manatee County
- Longboat Key
- 34228
- 741 Old Compass Rd
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