Back 721 Binnacle Point Drive
Off Market

721 Binnacle Point Drive

Longboat Key FL 34228

18809 sq. ft.
Land
Last sold for $1,400,000
James FrostJames Frost, last sold this property on 25 August 2026 after 572 days on market.

Overview

PREMIER LOCATION in Emerald Harbor -- Located on the apex of the widest canal on Longboat Key, 721 Binnacle Point Drive is ready for a new owner with a new vision! The property has 96' of canal frontage with BRAND NEW Sea Wall (2024), 120' of street frontage, with just over 18,800 Square Feet upon which to build your dream home. Build new and enjoy long views east and west down the canal and the beautiful northern light exposure. Emerald Harbor is one of Longboat Key's best neighborhoods - don't miss this opportunity to create your vision! There is a working, permitted sprinkler well on property. Private, deeded beach access for Emerald Harbor residents is just over 1100 feet away.

Features

18809 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Longboat Key over the last 12 months, the estimated median property value of 721 Binnacle Point Drive is $802.5k.

Median value
$802.5k
Estimated value range
$410k - $4.7m
Median days on market
119
Estimated value trend
-7%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Longboat Key. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 721 Binnacle Point Drive

2026
Sold
$1,400,000
25 Aug 2026 by James Frost, of KINCAID REALTY

Happy sellers in Longboat Key

79%
79% of sellers in Longboat Key reported that their sale price either exceeded or met their price expectations.

Longboat Key stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 35 reviews in Longboat Key over the last 12 months.

Local market activity for land plots in Longboat Key

In the last 12 months, 11 land plots similar to 721 Binnacle Point Drive, have been sold.

This represents a 71% decrease in land plots sales when compared to the previous 12 months.

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