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Under contract
  • $699,000

    311 MAGELLAN DRIVE, SARASOTA, FL 34243

    2beds
    2,702sqft
    : 
    $4,538/mo
    Get pre-qualified
    Single Family Residence
    Built in 1961
    0.3 Acres Lot
    $-- Zestimate®
    $259/sqft
    $3/mo HOA

    What's special

    Waterfront locationLarge screened pool enclosurePrivate poolBoat liftCovered boat liftPrivate courtyard style entranceSolid surface countertops
    Under contract-accepting backup offers. 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.
    45 days
    |
    36
    |
    0
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jay Travis, PA 941-812-7277,

    RE/MAX ALLIANCE GROUP 941-758-7777

    Source: Stellar MLS,MLS#: A4696859MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Utility Room
      Primary bedroom
      • Features: Ceiling Fan(s), Built-in Closet
      • Level: First
      Primary bathroom
      • Level: First
      Balcony porch lanai
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
      • Laundry: Inside, Laundry Closet
      Features
      • Ceiling Fan(s), Primary Bedroom Main Floor, Solid Surface Counters, Thermostat
      • Flooring: Laminate, Terrazzo, Tile
      • Doors: French Doors, Sliding Doors
      • Has fireplace: Yes
      • Fireplace features: Living Room, Wood Burning
      Interior area
      • Total structure area: 3,255
      • Total interior livable area: 2,702 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Circular Driveway
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Patio, Porch, Screened
      • Has private pool: Yes
      • Pool features: In Ground
      • Has view: Yes
      • View description: Water, Canal
      • Has water view: Yes
      • Water view: Water,Canal
      • Waterfront features: Canal - Saltwater, Bay/Harbor Access, Saltwater Canal Access, Intracoastal Waterway Access, Bridges - Fixed, Lift, Seawall
      • Body of water: BOWLEES CREEK
      Lot
      • Size: 0.3 Acres
      Details
      • Parcel number: 6727400001
      • Zoning: RSF3/HA/
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1961

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: MAGELLAN PARK
      HOA
      • Has HOA: Yes
      • HOA fee: $3 monthly
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $259/sqft
      • Tax assessed value: $585,080
      • Annual tax amount: $4,437
      • Date on market: 6/22/2026
      • Cumulative days on market: 33 days
      • Listing terms: Cash,Conventional,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/8/2026Contingent$699,000$259/sqft
        Source: Stellar MLS #A4696859 Report a problem
        6/26/2026Pending sale$699,000$259/sqft
        Source: Stellar MLS #A4696859 Report a problem
        6/22/2026Listed for sale$699,000+135.8%$259/sqft
        Source: Stellar MLS #A4696859 Report a problem
        1/21/2003Sold$296,500+67.5%$110/sqft
        Source: Public Record Report a problem
        4/1/1996Sold$177,000$66/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,437 +3.1%$323,355 +2.9%
        2024$4,306 +1.5%$314,242 +3%
        2023$4,242 +2.8%$305,089 +3%
        2022$4,125 +0.3%$296,203 +3%
        2021$4,115 +1.1%$287,576 +1.4%
        2020$4,071 +1.7%$283,606 +2.3%
        2019$4,004 $277,230 +1.9%
        2018$4,004 +1%$272,061 +2.1%
        2017$3,962 +6.8%$266,465 +2.1%
        2016$3,709 $260,984 +0.7%
        2015$3,709 $259,170 +0.8%
        2014$3,709 +2.1%$257,113 +1.5%
        2013$3,632 +363137%$253,313 +1.7%
        2012$1 $249,079 +3%
        2011$1 $241,824 -4.4%
        2010-- $252,840 -10.5%
        2009$4,101 -24.8%$282,365 -23.4%
        2008$5,454 +1.5%$368,483 -1.8%
        2007$5,375 -5%$375,354 +2.5%
        2006$5,659 0%$366,199 +3%
        2005$5,660 +1.7%$355,533 +3%
        2004$5,564 +112.8%$345,178 +99.8%
        2003$2,614 +2.3%$172,785 +2.4%
        2002$2,554 +3.4%$168,735 +1.6%
        2001$2,471 +1.5%$166,078 +3%
        2000$2,435 $161,241
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Whitfield

        Getting around

        29 / 100
        Car-Dependent
        29 / 100
        Some Transit
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Florine J. Abel Elementary
        • Middle: Electa Arcotte Lee Magnet
        • High: Southeast High

        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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