Walter Group Real Estate
Walter Group Real Estate

About 741 Old Compass Road Longboat Key, FL 34228

MLS# A4684578

Longboat Key Waterfront Home for Sale – Emerald Harbor
Experience the best of island living with this Emerald Harbor Longboat Key home for sale, a rare opportunity to own on one of the island’s widest and most desirable canals (~110 feet across). Nestled on a 100×155-foot boating lot with deep-water canal access, this property offers a perfect combination of seclusion, accessibility, and investment potential.

A Versatile Waterfront Property
This 3-bedroom, 2-bath, 1,926-square-foot pool home presents a unique canvas for renovation or new construction. While the home incurred water damage from the 2024 storms, its prime location and neighborhood setting make it an exceptional fixer-upper Longboat Key canal-front property or ideal new build site. With 100 feet of waterfront and immediate boating access, the possibilities are endless for creating a dream coastal residence.

Premium Boating and Beach Access
Boaters will love the half-mile direct route to the Intracoastal Waterway and easy access to Sarasota Bay or the Gulf. Residents of Emerald Harbor enjoy private deeded beach access with parking less than half a mile away—offering the rare combination of boating convenience and walkable Gulf beaches.

Central to Longboat Key’s Best Destinations
Perfectly situated near The St. Regis Longboat Key Resort, The Resort at Longboat Key Club, St. Armands Circle, and downtown Sarasota, this home places you near the region’s best dining, shopping, and cultural destinations. Enjoy waterfront restaurants in the North Longboat Village, including Shore, Mar Vista, Whitney’s, and Lazy Lobster.

An Exceptional Opportunity
Recognized by Forbes Travel Guide as one of the Top 12 Travel Destinations, Longboat Key continues to attract discerning buyers worldwide. This deep-water boating lot on a wide canal in Longboat Key represents an extraordinary chance to create or restore your coastal retreat in one of the Key’s most coveted neighborhoods.

Steve & Janet Walter

Realtor

Steve: 941.809.0907
Janet: 941.232.2000

741 Old Compass Road Longboat Key, FL 34228

Property Features

741 Old Compass Road Longboat Key, FL 34228

MLS® #
A4684578
Bedrooms
3
Square Footage
1,926
Year Built
1969
Status
Active
Price
$1,850,000
Baths
3
Acres
0.36
Property Type
Single Family Residence
Subdivision
Emerald Harbor

Floor Plan

741 Old Compass Road Longboat Key, FL 34228

Interior Features

Appliances
Electric Water Heater / Exhaust Fan / Microwave / Water Softener
Cooling
Central Air
Flooring
Tile
Furnished
Unfurnished
Heating
Central / Electric
Laundry Features
Electric Dryer Hookup / Inside / Laundry Room / Washer Hookup
Spa
Yes
Window Features
Shutters / Storm Window(s)
Bedroom 2
Level - First
Bedroom 3
Level - First
Great Room
Level - First
Kitchen
Level - First
Living Room
Level - First
Master Bathroom
Level - First
Master Bedroom
Level - First

Exterior Features

Construction Details
Block / Stucco
Exterior
Outdoor Shower / Rain Gutters / Dock
Fencing
Vinyl
Lot Features
Landscaped / Level / Paved / Waterfront
Patio And Porch
Covered / Deck / Rear Porch / Screened
Pool Features
Gunite / Heated / In Ground / Tile / Private
Private Pool
Yes
Roof
Tile
Spa
Yes
Spa Features
Heated / In Ground
View
Canal / Water
Waterfront
Yes
Waterfront Features
Canal Front
Waterview
Canal / Water
Windows/Doors
Shutters / Storm Window(s)

Other Details

Acres
0.36
Attached Garage
Yes
Direction Faces
Southeast
Foundation
Slab
Garage
Yes
Garage Spaces
2
Levels
One
Number Of Stories
1
Parking
Driveway / Garage Door Opener / Off Street / Attached
Pets
Cats OK / Dogs OK
Property Sub Type
Single Family Residence
Sewer
Public Sewer
SqFt Total
2910
Style
Florida / Ranch
Utilities
Cable Available / Cable Connected / Electricity Connected / Propane / Sewer Connected / Underground Utilities / Water Connected
Water Source
Public
Zoning
R4SF

Community Features

Association Dues
750
Community Features
Street Lights
Financing Terms Available
Cash / Conventional
HOA Fee Frequency
Annually
MLS Area
34228 - Longboat Key
Roads
Asphalt
Township
35S

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Frequently Asked Questions

  • What types of homes are available for sale in Longboat Key?

    Longboat Key offers a variety of homes for sale, including single-family homes, waterfront estates, luxury villas, and condominiums. The options range from charming beach cottages to modern architectural masterpieces.
  • What is the average price range for homes in Longboat Key?

    The price range for homes in Longboat Key can vary significantly depending on factors such as location, size, condition, and waterfront access. As of my knowledge cutoff in September 2021, prices typically ranged from around $500,000 for smaller homes to over $20,000,000 for larger waterfront and estate properties.
  • Are there any gated communities in Longboat Key?

    Yes, there are gated communities in Longboat Key that offer additional security and privacy. Some popular gated communities on the island include Bay Isles, Country Club Shores, and Longboat Key Club.
  • Are there any new construction homes available in Longboat Key?

    Yes, there are new construction homes available in Longboat Key. However, the availability may vary over time, and it's recommended to consult with local real estate agents or builders for the most up-to-date information on new developments.
  • What are some key factors to consider when purchasing a home in Longboat Key?

    When purchasing a home in Longboat Key, some important factors to consider include the location (beachfront, canal-front, or inland), proximity to amenities and services, homeowner association rules and fees, flood zone designation, condition of the property, and potential rental restrictions.

Walter Group

Contact Details

Address

Walter Group Real Estate
Michael Saunders & Company
Licensed Real Estate Broker
440 Gulf of Mexico Dr
Longboat Key, FL 34228

Contact for More Information

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