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720 Old Compass Rd, Longboat Key, FL, 34228

$1,799,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
2,393 SqFt
$752/SqFt
House

Location

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720 Old Compass Rd, Longboat Key$1,799,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener, Ground Level, Off Street
Attached Garage2 spaces
Year Built1970
HeatingElectric, Heat Pump
CoolingZoned
WaterfrontCanal
ViewWater
Private PoolYes
MLS #A4629724
Lot Size0.41 Acres
StatusActive

About 720 Old Compass Rd

Unique opportunity to renovate (or build) in Emerald Harbor - one of Longboat Key's most sought-after neighborhoods. Located at the widest point on the widest canal on the Key (172ft), 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 2,393ft home has 3BR/3BA, open floor plan, large pool/outdoor entertainment area and oversized garage. Call to arrange showing.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1970
  • Living Area: 2,393 SqFt

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 383-7591
  • Listing Agent: Steve Walter

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Concrete
  • Interior: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: Water
  • Exterior: French Doors, Hurricane Shutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Door Opener, Ground Level, Off Street

Lot Features

Lot Information:

  • Lot: Dead End Street
  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Zoned

Other

Directions Information:

  • Directions: From St Armands Circle - Drive north on Gulf of Mexico Dr 9.5mi. Turn right at Emerald Harbor Dr on Binnacle Point Dr and left on Emerald Harbor Dr, then right on Old Compass Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,799,000
  • Price Per SqFt: $752/SqFt

HOA Fees:

  • Amount: $600
  • Frequency: Annually

Tax Information:

  • Annual Amount: $11,008
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Longboat Key, FL.

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Longboat Key, FL

City

Med. Sold Price

$1.2M

Med. Price/SqFt

$719

Avg. Days On Market

67

# of Sold Homes

43

720 Old Compass Rd vs Longboat Key

1 DAY ON ROCKET

-66 Days

$1,799,000

+$574K More

$752/SqFt

+$33 More

KEY TAKEAWAY

This property is $574K more than the Median Sold Price and $33/SqFt more than other homes in Longboat Key, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4629724

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 383-7591
  • Listing Agent: Steve Walter

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/20/2024, 10:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 10, 1999Home Sold
$340,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,008$703,254
2018$10,053$674,625
2017$10,053$660,749

History based on county public records data.

Payment Calculator

$9,096

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,460

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-194358
4
/10

  • Sea Breeze Elementary School

  • 3601 71st St W

  • 3.95 miles

  • Public District Grades PK-5

school-card-donut-194359
4
/10

  • H. S. Moody Elementary School

  • 5425 38th Ave W

  • 4.23 miles

  • Public District Grades PK-5

school-card-donut-194360
4
/10

  • Bayshore Elementary School

  • 6120 26th St W

  • 4.47 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,407. Most Longboat Key, FL residents have annual incomes between $100k-200k. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 720 Old Compass Rd

What is the listing price of this property?

The listing price of 720 Old Compass Rd property is $1,799,000.

What type of property is this?

The property 720 Old Compass Rd is a house located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 720 Old Compass Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $11,008 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 10, 1999 for $340,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 720 Old Compass Rd has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 720 Old Compass Rd is 2,393 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 720 Old Compass Rd is 1970.

Rocket Homes›Florida›Manatee County›Longboat Key›34228›720 Old Compass Rd

This home is located at 720 Old Compass Rd in Longboat Key, FL and zip code 34228 in the Emerald Harbor neighborhood. This 2,393 square foot home, which was built in 1970, sits on a 0.41 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $1,799,000.

In October 2024, from all listings sold in Longboat Key, FL there were more than 2 sold above asking price, over 18 sold below and more than 23 were sold right at the asked price. The number of homes for sale in Longboat Key, FL decreased by 11% between September 2024 and October 2024. Listings spent 67 days on the market in October 2024, and had a median list price of $1,225,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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