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Longboat Key Waterfront Home Opportunity
For Sale
$1,795,000

741 OLD COMPASS ROAD, Longboat Key, FL 34228

Waterfront home with boating access, ready for renovation or rebuild.

Property Size1,926 SF
Lot Size0.36 Acres
Price / SF$931.98
Days on Market115

Property Features for 741 OLD COMPASS ROAD

General Information

Standard status Active
Size 1,926 SF
Lot size 0.36 Acres
Property subtype Land or Vacant Lot
Listing Agency: MICHAEL SAUNDERS & COMPANY
Listed By: STEVE WALTER · License #3436836
Source: Corcoran
Added: Apr 8 Changed: Jul 10 Last Checked: Jul 31 at 7:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MICHAEL SAUNDERS & COMPANY

Investment Insights

Based on property information with market context.

This property presents an opportunity to own a waterfront home in the Emerald Harbor community of Longboat Key. The existing 1,926-square-foot home includes three bedrooms and two bathrooms, and it is situated on an oversized 100x155-foot lot along a wide canal, approximately 110 feet wide, providing deep-water boating access to the Intracoastal Waterway, which is located a half mile away. The property also offers private beach access with parking less than half a mile away. The property experienced storm-related water damage in 2024 and is suitable for renovation or new construction. The location provides access to The St. Regis Longboat Key Resort, The Resort at Longboat Key Club, St. Armands Circle, and North Longboat Village. This property combines boating, beach access, and the Florida lifestyle.

Key Highlights

  • Canal‑front home with deep‑water boating access to the Intracoastal Waterway
  • Oversized 100x155‑ft lot on a wide canal in Emerald Harbor
  • Private beach access with parking less than half a mile away

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Building Supply Parking Lot & Garage Auto Repair Shop HVAC Service Hair Salon Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

114
Businesses Nearby

Demographics for 34228, FL

7,505
Population
9,865
Households
0.8
Avg Household Size
71
Median Age
69%
College-Educated
99%
High-School Grad
4.1 sq mi
ZIP Area
1,830
Density / Sq Mi
$143,365
Median Household Income
$78,438
Median Earnings
$2,969
Median Rent
$959,200
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Waterfront home with boating access, ready for renovation or rebuild.
Where is this waterfront land located?
The property is located at 741 OLD COMPASS ROAD Longboat Key, FL.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Canal‑front home with deep‑water boating access to the Intracoastal Waterway; Oversized 100x155‑ft lot on a wide canal in Emerald Harbor; Private beach access with parking less than half a mile away
More about this property
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