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Off market
  • $905,700

    331 Magellan Dr, Sarasota, FL 34243

    3beds
    2,441sqft
    Single Family Residence
    Built in 1959
    0.26 Acres Lot
    $905,700 Zestimate®
    $371/sqft
    $4,354 Estimated rent

    Home value

    $905,700

    $824,000 - $996,000

    $4,354/mo

    Zestimate® history
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    $5,920/mo

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    $5,920/mo

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    What's special

    Live like you're on vacation 365 days a year, a complete boaters dream! Waterfront property in Sarasota is more rare then ever, come see this home while you still can! Enjoy this immaculately kept spacious home just minutes from downtown and a short drive to Gulf beaches. The bedrooms are all very nicely sized en suites, with one of the bedrooms having their own separate entrance and can be used as a mother-daughter in law suite! Both the master and living room overlook the water and your private dock which has a 15,000lb two year old boat lift and boat lift canopy! Completely redone landscaping with immaculate lighting which make your dreams become a luxury reality when the sun goes down. Newly installed and resealed pavers wrap around the entire backyard and surround the 35x20 pool which is in great shape. There is a large carport that has plenty of parking! Plantation shutters and ceramic tile throughout the house with completely redone modern/contemporary bathrooms. Come walk through this house and see what living in paradise is like before its gone!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Walk-In Closet(s), Crown Molding, Solid Wood Cabinets, Thermostat, Kitchen/Family Room Combo
    • Flooring: Tile, Carpet, Hardwood
    • Windows: Blinds, Shutters
    • Has fireplace: No
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 2,441 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport, Garage - Attached
    Features
    • Levels: One
    • Exterior features: Wood
    • Pool features: Gunite, In Ground, Screen Enclosure, Lighting
    • Spa features: Heated, Above Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Canal - Saltwater
    • Body of water: BOWLESS CREEK
    Lot
    • Size: 0.26 Acres
    • Dimensions: 73X158
    Details
    • Parcel number: 6727900000
    • Zoning: RSF3/HA/

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Roof: Metal
    Condition
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public, Private, Well
    • Utilities for property: Electricity Connected, Sprinkler Well, Cable Available, Underground Utilities, Natural Gas Available, Water Connected

    Community & HOA

    Community
    • Security: Security System Owned, Fire Alarm
    • Subdivision: MAGELLAN PARK UNIT 1
    HOA
    • Amenities included: Dock, Golf Course
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $371/sqft
    • Tax assessed value: $795,193
    • Annual tax amount: $10,479
    • Listing terms: Cash, Conventional, FHA, VA Loan, Other
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/21/2025Listing removed$8,800$4/sqft
    Source: Stellar MLS #A4624934 Report a problem
    11/1/2024Price change$8,800-10.2%$4/sqft
    Source: Stellar MLS #A4624934 Report a problem
    10/10/2024Price change$9,800-24.6%$4/sqft
    Source: Stellar MLS #A4624934 Report a problem
    10/3/2024Listed for rent$13,000$5/sqft
    Source: Stellar MLS #A4624934 Report a problem
    5/10/2021Listing removed--
    Source: Stellar MLS #A4483976 Report a problem
    1/13/2021Sold$730,000-8.2%$299/sqft
    Source: Public Record Report a problem
    12/2/2020Pending sale$795,000$326/sqft
    Source: FINE PROPERTIES #A4483976 Report a problem
    11/18/2020Listed for sale$795,000+59.2%$326/sqft
    Source: FINE PROPERTIES #A4483976 Report a problem
    4/18/2017Sold$499,500$205/sqft
    Source: Public Record Report a problem
    12/6/2016Sold$499,500-4.7%$205/sqft
    Source: Agent Provided Report a problem
    12/5/2016Pending sale$524,000$215/sqft
    Source: KELLER WILLIAMS REALTY S.SHORE #T2842767 Report a problem
    11/8/2016Price change$524,000-2.9%$215/sqft
    Source: Keller Williams - Apollo Beach #T2842767 Report a problem
    11/5/2016Price change$539,900-1.8%$221/sqft
    Source: Keller Williams - Apollo Beach #T2842767 Report a problem
    9/30/2016Listed for sale$549,900+130.1%$225/sqft
    Source: KELLER WILLIAMS REALTY S.SHORE #T2842767 Report a problem
    1/27/2011Sold$239,000-2.4%$98/sqft
    Source: Public Record Report a problem
    12/12/2010Listed for sale$245,000-38.8%$100/sqft
    Source: NRT Florida #A3936208 Report a problem
    5/16/2007Sold$400,000$164/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,479 +2.7%$736,911 +2.9%
    2024$10,202 +13.3%$716,143 +15%
    2023$9,007 +2.5%$622,610 +3%
    2022$8,789 +93.6%$604,476 +92.1%
    2021$4,539 +1%$314,683 +1.4%
    2020$4,493 +1.6%$310,338 +2.3%
    2019$4,421 $303,361 -7.9%
    2018$4,421 -9.6%$329,462 +44.9%
    2017$4,890 +58%$227,347 +2.1%
    2016$3,096 $222,671 +0.7%
    2015$3,096 $221,123 +0.8%
    2014$3,096 +2.1%$219,368 +1.5%
    2013$3,031 +303025%$216,126 +1.7%
    2012$1 $212,513 +6.5%
    2011$1 $199,469 -4.9%
    2010-- $209,666 -5.5%
    2009$3,741 -18.3%$221,780 -23.1%
    2008$4,580 +135.7%$288,552 +89.7%
    2007$1,943 -4.7%$152,147 +2.5%
    2006$2,039 +0.4%$148,436 +3%
    2005$2,031 +2.2%$144,113 +3%
    2004$1,988 +0.5%$139,916 +1.9%
    2003$1,978 +2.5%$137,307 +2.4%
    2002$1,930 +3.5%$134,089 +1.6%
    2001$1,865 +1.7%$131,977 +3%
    2000$1,834 $128,133
    Find assessor info on the county website

    Neighborhood: Whitfield

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Southeast High

    Source: The 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
    $905,700
    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
    $905,700