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Sold for $1,500,000 on 06/11/25
  • $1,500,000

    740 Old Compass Rd, Longboat Key, FL 34228

    4beds
    2,586sqft
    Single Family Residence
    Built in 1971
    0.36 Acres Lot
    $1,471,000 Zestimate®
    $580/sqft
    $11,895 Estimated rent

    Home value

    $1,471,000

    $1.37M - $1.59M

    $11,895/mo

    Zestimate® history
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    What's special

    One or more photo(s) has been virtually staged. Unique opportunity to renovate (or build) in Emerald Harbor - one of Longboat Key's most sought-after neighborhoods; one of the few single family home communities that includes private beach access. Located on the widest canal on the Key (150ft), this 155ft x 100ft lot offers limitless possibilities. The existing structure was flooded during hurricane Helene, but has been professionally remediated and is ready for renovation. The 2,586ft 4BR home has an open floor plan, large pool/outdoor entertainment area and oversized garage. Call to arrange showing.

    Zillow last checked: 8 hours ago

    Listing updated: June 11, 2025 at 09:26am

    Listing Provided by:

    Steve Walter 941-809-0907,

    MICHAEL SAUNDERS & COMPANY 941-383-7591,

    Janet Walter 941-232-2000,

    MICHAEL SAUNDERS & COMPANY

    Bought with:

    Steve Walter, 3436836

    MICHAEL SAUNDERS & COMPANY

    Janet Walter, 3018579

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4636920MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Area: 260 Square Feet
    • Dimensions: 20x13
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Area: 156 Square Feet
    • Dimensions: 12x13
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    • Area: 156 Square Feet
    • Dimensions: 12x13
    Dining room
    • Level: First
    • Area: 396 Square Feet
    • Dimensions: 22x18
    Family room
    • Level: First
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Kitchen
    • Level: First
    • Area: 120 Square Feet
    • Dimensions: 10x12
    Living room
    • Level: First
    • Area: 270 Square Feet
    • Dimensions: 18x15
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Other
    • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
    Features
    • Ceiling Fan(s)
    • Flooring: Tile
    • Doors: Sliding Doors
    • Windows: Blinds, Shades
    • Has fireplace: No
    Interior area
    • Total structure area: 3,480
    • Total interior livable area: 2,586 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Circular Driveway, Driveway, Garage Door Opener, Ground Level
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions: 21x22
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Rear Porch
    • Exterior features: Irrigation System, Rain Gutters
    • Has private pool: Yes
    • Pool features: Deck, Gunite, Heated, In Ground, Lighting, Tile
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Water, Bayou, Canal
    • Has water view: Yes
    • Water view: Water,Bayou,Canal
    • Waterfront features: Canal - Saltwater, Bay/Harbor Access, Bayou Access, Saltwater Canal Access, Lift, Minimum Wake Zone, No Wake Zone, Sailboat Water, Seawall
    Lot
    • Size: 0.36 Acres
    • Features: FloodZone, City Lot
    • Residential vegetation: Mature Landscaping
    Details
    • Parcel number: 7888800005
    • Zoning: R4SF
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Foundation: Slab
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected

    Community & neighborhood

    Security
    • Security features: Fire Alarm, Security System, Security System Owned, Smoke Detector(s)
    Location
    • Region: Longboat Key
    • Subdivision: EMERALD HARBOR

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $63 monthly
    • Services included: Common Area Taxes
    • Association name: Marge Langteau
    • Association phone: 214-505-9586
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/11/2025Sold$1,500,000-11%$580/sqft
    Source: Stellar MLS #A4636920
    4/25/2025Pending sale$1,685,000$652/sqft
    Source: Stellar MLS #A4636920
    4/7/2025Price change$1,685,000-3.7%$652/sqft
    Source: Stellar MLS #A4636920
    2/18/2025Price change$1,750,000-7.9%$677/sqft
    Source: Stellar MLS #A4636920
    1/27/2025Listed for sale$1,900,000+123.5%$735/sqft
    Source: Stellar MLS #A4636920

    Public tax history

    YearProperty taxesTax assessment
    2024$11,204 +0.7%$738,962 +3%
    2023$11,124 +1.9%$717,439 +3%
    2022$10,917 -1.2%$696,543 +3%

    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
    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.

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    Estimated market value

    $1,471,000

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,471,000