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311 Magellan Drive , Sarasota, FL 34243

$699,000
  • 311 Magellan Drive , Sarasota, FL 34243 Main Photo

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New to the Market Active
BEDS2 BATHS2 full 1 partial SQUARE FEET2,702 MLS#A4696859
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMAGELLAN PARK

Property Description

WATERFRONT POOL HOME ON BOWLEES CREEK - NOT IN A FLOOD ZONE - PRICED FOR IMMEDIATE SALE! Rarely does an opportunity like this come available in such a desirable location. Nestled along picturesque Bowlees Creek and adjacent to Sara Bay Country Club, this 2 bedroom, 2 bathroom waterfront pool home offers over 2,700 sqft of living space and the perfect chance for buyers seeking waterfront living, a private pool, and boating access at a price that leaves room for future improvements and personal touches. From the moment you arrive, the home welcomes you with a spacious circular driveway, mature tropical landscaping, and a private courtyard style entrance that creates a unique sense of character and privacy. The bright exterior and Mid Century design elements provide great curb appeal while setting the stage for a property that is both inviting and full of potential. Inside, the home offers a spacious layout with multiple living and gathering areas. The main living room features vaulted wood plank ceilings, large windows, and sliding glass doors that bring in natural light and connect seamlessly to the outdoor living spaces. The updated kitchen is one of the highlights of the home and has already undergone a stylish renovation with contemporary cabinetry, solid surface countertops, stainless steel appliances, double wall ovens, a gas cooktop, abundant storage, and generous workspace for cooking and entertaining. Beyond the main living areas, additional flexible space provides endless possibilities for a family room, game room, office, hobby room, or guest retreat. Large windows and sliding doors throughout the home help blur the line between indoor and outdoor living while showcasing views of the pool and waterfront setting. The primary suite offers direct access to outdoor living areas and features ample closet space along with an ensuite bath. The guest bedroom is generously sized and positioned near the second full bathroom. While the kitchen has been updated, many of the flooring surfaces and bathrooms remain largely original, providing an excellent opportunity for a new owner to renovate and build additional equity while customizing the home to their own taste and style. Outdoor living is where this property truly shines. A large screened pool enclosure surrounds the sparkling pool and expansive deck areas, creating a private retreat for year round enjoyment. Multiple covered and screened outdoor spaces provide room for dining, entertaining, relaxing, or simply enjoying the peaceful waterfront setting. The backyard offers direct frontage on Bowlees Creek with a seawall, dock, and covered boat lift already in place. Launch your boat, kayak, or paddleboard right from your backyard and enjoy easy access to the surrounding waterways. The creek setting provides a tranquil backdrop with mature trees and natural scenery while still being conveniently located near shopping, dining, beaches, downtown Sarasota, SRQ Airport, and all that the area has to offer. Whether you are searching for a primary residence, seasonal retreat, investment opportunity, or waterfront property to update and make your own, this home presents exceptional value. With an updated kitchen, waterfront location, pool, boat lift, desirable setting next to Sara Bay Country Club, and pricing below current market value for a quick sale, this is an opportunity that savvy buyers will not want to miss. Bring your vision and unlock the full potential of this waterfront gem.

311 Magellan Drive | MLS# A4696859

This single family home located at 311 Magellan Drive , Sarasota, FL 34243 is currently listed for sale with an asking price of $699,000. This property was built in 1961 and has 2 bedrooms and 2 full and 1 partial baths with 2702 sq. ft. Magellan Drive is located in the MAGELLAN PARK subdivision. Search MAGELLAN PARK real estate on www.floridaexecutiverealty.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Garage: 1 car attached
Heating: Central, Electric
Lot Size: 0.30 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $4,437
Year Built: 1961

Amenities

Ceiling Fans(s)
Primary Bedroom Main Floor
Solid Surface Counters
Thermostat
French Doors
Sliding Doors

Feature Descriptions

Additional Rooms: Inside Utility
Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
Body of Water: BOWLEES CREEK
Directions: From US-41 (Tamiami Trail), head west on Whitfield Avenue. Turn right onto Magellan Drive and continue south. Follow Magellan Drive to 311 Magellan Dr., Sarasota, FL 34243, which will be on the left.
Exterior: Frame
Fireplace: Living Room, Wood Burning
Fireplace Y/N: Yes
Flood Zone Code: X500
Flooring: Laminate, Terrazzo, Tile
Foundation: Slab
Frontage Canal Salt: 80
HOA Fee: 25
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, VA Loan
Lot Dimensions: 0.3
Ownership: Fee Simple
Parking: Circular Driveway
Parking Notes: Circular Driveway
Patio/Porch: Covered, Patio, Porch, Screened
Pets Allowed: Yes
Pool: In Ground
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Appointment Only, ShowingTime
Special Sale Provisions: None
Special View Info: Water
Swimming Pool: Yes
Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway
Water Access Y/N: Yes
Waterfront Features: Canal - Saltwater, Bridges - Fixed, Lift, Seawall - Concrete
Water View: Canal
Zoning: RSF3/HA/

Local Schools

High School: Southeast High
Middle School: Electa Arcotte Lee Magnet
Elementary School: Florine J. Abel Elementary

Listed By / Shown By

Listed By

Agency Name: RE/MAX ALLIANCE GROUP
Agency Contact: 941-758-7777

Shown By

Agency Title: Florida Executive Realty
Agency Phone: 813-908-8500

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Estimated Payment

$ 2,129.30 per month $1,555.67 Principal & Interest $369.75 Property Tax $203.88 Homeowner's Insurance

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