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Sold for $1,420,000
    • $1,420,000

    245 MAGELLAN DRIVE, SARASOTA, FL 34243

    4beds
    2,818sqft
    Single Family Residence
    Built in 1957
    0.47 Acres Lot
    $1,559,100 Zestimate®
    $504/sqft
    $5,127 Estimated rent

    Home value

    $1,559,100

    $1.42M - $1.73M

    $5,127/mo

    Zestimate® history
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    What's special

    Have you ever dreamt of owning a house on a private island? Well, "Blue Island" is where your dream becomes REALITY!! This is a very unique opportunity to purchase one of the best waterfront properties in the area. This home sets on the end of peninsula with water on 3 sides. If the water is what you crave then this property will make you feel connected to it with water views from every room. The home is part of the Whitfield Estates neighborhood which provides some deed restrictions, and a Culinary membership to the Donald Ross designed historic Sara Bay Country club and golf. The location provides easy access to Downtown Sarasota, Downtown Bradenton and all of our world famous beaches, deep water boating with 2 full service marinas, a gas dock, and a Tiki bar all within a 1/4 mile. Boaters will love the location with quick easy access the the Bay and Gulf of Mexico. The home has been completely remodeled and offers 3 bedrooms, 2 1/2 baths, plus a 1 bedroom and 1 bath guest house, open kitchen with incredible water and sunset views, large laundry room, 3 car carport, garage/ workshop with sliding barn doors to access your covered boat house, 450 foot of new seawall, new 10,000 lb direct drive boat lift, 20' x 40' lap pool with huge paver deck, large paver driveway for multiple vehicles, fishing/ lounging dock, almost half an acre of land, all while being only minutes to Sarasota Airport. This property was originally built for the developer of the neighborhood, as it is the absolute best lot. The property was held in the same family for generations until recently, when this property was restored to better than new, with all new Seawall, resurfaced pool, new HVAC, New Metal roof, new hurricane sliding patio doors, new motorized patio roof, new 10,000lb boat lift, new septic system, new whole house water purifier, the list goes on and on. "Blue Island" is ready for the next family to make their memories. It is truly such an incredible property. If you love the water and want to be close to everything Sarasota has to offer this is the home for you. Bring your boat, bring your kayaks and paddle boards and start living the Waterfront lifestyle. Zoning allows for short term rentals with no restrictions if you are interested in offsetting costs.

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Halbman 941-677-3948,

    EXIT KING REALTY 941-497-6060

    Bought with:

    Sherry Flathman, 3149646

    WAGNER REALTY

    Source: Stellar MLS,MLS#: A4611712MLS LogoOriginating MLS: Venice

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Family Room, Garage Apartment, Utility Room, Loft, Storage Rooms
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 13x13
    Kitchen
    • Features: Kitchen Island
    • Level: First
    • Dimensions: 19x13
    Living room
    • Level: First
    • Dimensions: 19x16
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Filtration System
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), Eating Space In Kitchen, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s)
    • Flooring: Luxury Vinyl
    • Doors: Sliding Doors
    • Windows: Drapes, Storm Window(s), Window Treatments
    • Has fireplace: Yes
    • Fireplace features: Living Room, Masonry, Wood Burning
    Interior area
    • Total structure area: 3,789
    • Total interior livable area: 2,818 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Covered
    • Attached garage spaces: 1
    • Carport spaces: 3
    • Covered spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Deck, Front Porch, Rear Porch
    • Exterior features: Irrigation System, Private Mailbox, Rain Gutters, Storage
    • Has private pool: Yes
    • Pool features: Fiberglass, Gunite, In Ground, Lap
    • Has view: Yes
    • View description: Water, Canal
    • Has water view: Yes
    • Water view: Water,Canal
    • Waterfront features: Canal - Brackish, Bay/Harbor Access, Brackish Canal Access, Gulf/Ocean Access, Intracoastal Waterway Access, Marina Access, Bridges - Fixed, Lift, No Wake Zone, Seawall
    • Body of water: BOWLEES CREEK
    Lot
    • Size: 0.47 Acres
    • Features: Flood Insurance Required, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Oversized Lot, Private, Street Dead-End, Tip Lot
    • Residential vegetation: Fruit Trees, Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Boat House, Guest House, Storage, Workshop
    • Parcel number: 6725700006
    • Zoning: RSF3/WR/
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Sewer: Aerobic Septic
    • Water: Well
    • Utilities for property: Cable Connected, Electricity Connected, Fiber Optics

    Community & HOA

    Community
    • Features: Golf, Restaurant, Special Community Restrictions
    • Pet fee: $0 monthly
    • Subdivision: WHITFIELD ESTATES ON SARASOTA BAY BLKS
    HOA
    • Has HOA: No
    • Amenities included: Golf Course, Optional Additional Fees, Vehicle Restrictions
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $504/sqft
    • Tax assessed value: $1,170,217
    • Annual tax amount: $12,168
    • Date on market: 5/24/2024
    • Cumulative days on market: 63 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    8/20/2024Sold$1,420,000-5.1%$504/sqft
    Source: Stellar MLS #A4611712 Report a problem
    7/26/2024Pending sale$1,497,000$531/sqft
    Source: Stellar MLS #A4611712 Report a problem
    5/24/2024Listed for sale$1,497,000+68.2%$531/sqft
    Source: Stellar MLS #A4611712 Report a problem
    7/31/2020Sold$890,000-6.2%$316/sqft
    Source: Public Record Report a problem
    6/30/2020Pending sale$949,000$337/sqft
    Source: EXIT KING REALTY #A4469868 Report a problem
    6/18/2020Listed for sale$949,000+211.1%$337/sqft
    Source: EXIT KING REALTY #A4469868 Report a problem
    11/2/2018Sold$305,000-32.1%$108/sqft
    Source: EXIT Realty solds #-6209790912101188615 Report a problem
    10/21/2018Pending sale$449,000$159/sqft
    Source: EXIT KING REALTY #A4407311 Report a problem
    10/19/2018Listed for sale$449,000$159/sqft
    Source: EXIT KING REALTY #A4407311 Report a problem
    8/29/2018Pending sale$449,000$159/sqft
    Source: EXIT KING REALTY #A4407311 Report a problem
    7/3/2018Listed for sale$449,000$159/sqft
    Source: EXIT KING REALTY #A4407311 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,414 +15.4%$1,006,252 +22%
    2024$12,488 +2.6%$824,695 +10%
    2023$12,169 +4.9%$749,723 +10%
    2022$11,595 +16.8%$681,566 +10%
    2021$9,926 +66.4%$619,605 +69.9%
    2020$5,964 +4%$364,620 +5.1%
    2019$5,736 $346,947 -6.1%
    2018$5,736 -7%$369,640 +58.1%
    2017$6,165 +93.4%$233,762 +2.1%
    2016$3,188 $228,954 +0.7%
    2015$3,188 $227,362 +0.8%
    2014$3,188 +2.1%$225,558 +1.5%
    2013$3,122 +312075%$222,225 +1.7%
    2012$1 $218,510 +3%
    2011$1 $212,146 +1.5%
    2010-- $209,011 +2.7%
    2009$2,812 -4.8%$203,516 +0.1%
    2008$2,954 +12%$203,313 +3%
    2007$2,637 -5.1%$197,391 +2.5%
    2006$2,779 +0.2%$192,577 +3%
    2005$2,773 +2%$186,968 +3%
    2004$2,720 +0.4%$181,522 +1.9%
    2003$2,708 +2.3%$178,137 +2.4%
    2002$2,647 +3.4%$173,962 +1.6%
    2001$2,561 +1.4%$171,222 +3%
    2000$2,524 $166,235
    Find assessor info on the county website

    Neighborhood: Whitfield

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Florine J. Abel Elementary

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,559,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,559,100

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