62
Map
$6,495,000
↓ $455K (6.5%)
●
House -
For Sale
711 OLD COMPASS ROAD
LONGBOAT KEY, FL 34228
4 Beds
4 Baths,
2
Half Baths
4,274 Ft²
$32,794
Est. Monthly
$63
HOA / Fees
About This Property
This spectacular waterfront pool home was just completed in 2026
and is built with uncompromising craftsmanship and every attention
to detail. A West Indies-inspired residence in the coveted
neighborhood of Emerald Harbor on Longboat Key, it offers expansive
water views from every room of the wide canal and Harris Bayou,
granting easy access to the intracoastal waterway and the Gulf of
Mexico. Walls of glass open to covered porches with remote screens
that allow for easy indoor-outdoor living. Features include an
incredible chef's kitchen with high-end appliances and a totally
separate prep kitchen; Of the 4 bedrooms, there are two primary
suites, and all of them have their own stunning en-suites. Each one
has access to a covered balcony and all have those stunning water
views; A fire pit, private dock, outdoor shower and pool bath, plus
deeded beach access complete the Longboat Key lifestyle. Every
luxury amenity expected in a home of this caliber makes this a
truly special offering.
Unit Size
4,274 Ft²
Days on Market
67 days
Land Size
0.36 acres
Price per sqft
$1,520
Property Type
House
Property Taxes
$839
HOA Dues
$63
Year Built
1971
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Stellar MLS #A4699408)
Price History
Property Highlights
Elevator
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Door Opener, Golf Cart Garage
Garage Spaces: 3
Interior Details
Half Bathrooms: 2
Full Bathrooms: 4
Interior Features: Built-in Features, Ceiling Fan(s), Crown Molding, Elevator, High Ceilings, Open Floorplan, Walk-In Closet(s), Kitchen/Family Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Surface Counters, Split Bedroom, Thermostat
Appliances: Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
Flooring Type: Engineered Hardwood, Hardwood
Door Features: Sliding Doors
Laundry Features: Inside, Laundry Room, Upper Level
Rooms: 10
Has Fireplace
Fireplace Features: Family Room, Gas
Exterior Details
Square Footage: 4274
Square Footage Source: $0
Security Features: Security System, Smoke Detector(s)
Property Condition: Completed
Architectural Style: Coastal
Year Built: 2026
Waterfront Features: Canal Front, Waterfront, Canal Access
Waterbody Name: SARASOTA BAY
Builder Name: MG Construction
Building Area Total: 6574
Levels: Two
Other Structures: Outdoor Kitchen, Storage
Building Area Units: Square Feet
Window Features: ENERGY STAR Qualified Windows, Storm Window(s)
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Covered, Deck, Patio, Porch, Rear Porch, Screened
Pool Features: Heated, In Ground, Salt Water, Auto Cleaner, Lighting
Pool is Private
Lot Features: City Lot, Landscaped, Near Golf Course, FloodZone, In County, Near Marina
Lot Size Area: 15499
Lot Size Units: Square Feet
Lot Size Acres: 0.36
Lot Size Square Feet: 15499
Lot Size Dimensions: 100 x 155
Tax Lot: 72
Water Source: Public
Financial Details
Tax Annual Amount: $10,070
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $750
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Longboat Key
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: JoDene Moneuse, PA
MICHAEL SAUNDERS & COMPANY
Last Updated: 2 months ago
Data Source: Stellar MLS, MLS# A4699408
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
MICHAEL SAUNDERS & COMPANY
Last Updated: 2 months ago
Data Source: Stellar MLS, MLS# A4699408
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017