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$699,000

311 Magellan Drive Sarasota, FL 34243 Residential - Single Family Active

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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.

Property Highlights

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

General Information

Bedrooms: 2
Bathrooms: 2 Full 1 Half
Sqft: 2,702
County: Manatee
High School: Southeast High
Subdivision: MAGELLAN PARK
Listed By:
Jay Travis, PA RE/MAX ALLIANCE GROUP 941-758-7777

Amenities

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

Property Features

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/
$699,000
2beds
2.5baths
2,702sqft
1cars
New to the Market Active
BEDS2 BATHS2 full 1 partial SQUARE FEET2,702 MLS#A4696859
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMAGELLAN PARK

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311 Magellan Drive , Sarasota, FL 34243.

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Estimated Payment

$ 2,931.23 per month $2,357.61 Principal & Interest $369.75 Property Tax $203.88 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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