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Off market
  • $563,300

    481 Magellan Dr, Sarasota, FL 34243

    3beds
    1,936sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $563,300 Zestimate®
    $291/sqft
    $2,720 Estimated rent

    Home value

    $563,300

    $501,000 - $631,000

    $2,720/mo

    Zestimate® history
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    $3,705/mo

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    What's special

    High and dry waterfront

    High and dry waterfront! No flooding or storm damage. Keep your boat in the backyard on the 10,000 lb boat lift and enjoy easy access to Sarasota Bay. Watch sunsets over the boat basin from the heated plunge pool / swim spa. Entire home has been updated in the last 5 years. Terrazzo and tile flooring throughout. 3 bedrooms and 3 full baths. Two car garage has a/c and can also be used as bonus room. Convenient central location close to Downtown Sarasota, Bradenton, UTC and the beaches. Be on the water without getting stuck in beach traffic during season to get to and from your house. **Available February 1st, 2026. Unfurnished annual rental. Rent includes water, lawn service and pool service** Property is occupied. Please do not disturb residents. Owner pays for water, lawn service and pool service. Tenant pays for electric, internet and phone/CATV.

    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.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Tile
    Interior area
    • Total interior livable area: 1,936 sqft

    Property

    Parking
    • Parking features: Attached, Off Street
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Dock, Electric Vehicle Charging Station, Electricity not included in rent, Heating system: Forced Air, Internet not included in rent, Lawn Care included in rent, Telephone not included in rent, Water included in rent
    • Has private pool: Yes
    • Has water view: Yes
    • Water view: Waterfront
    • On waterfront: Yes
    Details
    • Parcel number: 6547100005

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Utilities & green energy

    • Utilities for property: Water

    Community & HOA

    Community
    • Deposit fee: $4,900
    HOA
    • Amenities included: Pool
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $291/sqft
    • Tax assessed value: $482,524
    • Annual tax amount: $3,670
    • Date on market: 1/11/2026
    • Date available: 01/11/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    2/2/2026Listing removed$4,900$3/sqft
    Source: Zillow Rentals Report a problem
    1/11/2026Listed for rent$4,900$3/sqft
    Source: Zillow Rentals Report a problem
    12/16/2025Listing removed$4,900$3/sqft
    Source: Stellar MLS #TB8330613 Report a problem
    10/29/2025Price change$4,900-16.2%$3/sqft
    Source: Stellar MLS #TB8330613 Report a problem
    2/22/2025Listed for rent$5,850-0.8%$3/sqft
    Source: Stellar MLS #TB8330613 Report a problem
    2/21/2025Listing removed$5,900$3/sqft
    Source: Zillow Rentals Report a problem
    11/29/2024Price change$5,900-1.7%$3/sqft
    Source: Zillow Rentals Report a problem
    11/24/2024Listed for rent$6,000+238%$3/sqft
    Source: Zillow Rentals Report a problem
    6/3/2019Sold$310,000-8.8%$160/sqft
    Source: Public Record Report a problem
    3/25/2019Listed for sale$339,900+78.9%$176/sqft
    Source: SARABAY REAL ESTATE INC #A4430864 Report a problem
    12/5/2015Listing removed$1,775$1/sqft
    Source: JENNETTE PROPERTIES INC #A4137697 Report a problem
    11/21/2015Price change$1,775-4.1%$1/sqft
    Source: JENNETTE PROPERTIES INC #A4137697 Report a problem
    10/31/2015Listed for rent$1,850+17.5%$1/sqft
    Source: JENNETTE PROPERTIES INC #A4135828 Report a problem
    1/12/2013Listing removed$1,575$1/sqft
    Source: JENNETTE PROPERTIES INC #M5833171 Report a problem
    11/15/2012Listed for rent$1,575$1/sqft
    Source: JENNETTE PROPERTIES INC #M5833171 Report a problem
    11/16/2000Sold$190,000$98/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,670 +3.2%$270,846 +2.9%
    2024$3,557 +5.6%$263,213 +6.6%
    2023$3,368 +3%$246,856 +3%
    2022$3,270 +0.5%$239,666 +3%
    2021$3,255 +1.2%$232,685 +1.4%
    2020$3,217 -28%$229,472 -14.2%
    2019$4,465 $267,333 -3.6%
    2018$4,465 -4.3%$277,354 +6.7%
    2017$4,666 +44.5%$259,993 +8.7%
    2016$3,229 $239,182 +8.5%
    2015$3,229 $220,461 +16.7%
    2014$3,229 +2.8%$188,910 +2.4%
    2013$3,140 +313871%$184,546 +8.4%
    2012$1 $170,216 -11%
    2011$1 $191,260 -4.3%
    2010-- $199,924 -10.6%
    2009$3,773 -19.9%$223,727 -24.4%
    2008$4,708 -22.5%$295,838 -20.4%
    2007$6,073 -8.7%$371,635 -1.8%
    2006$6,654 +19.2%$378,421 +22.9%
    2005$5,582 +15.7%$307,982 +17.3%
    2004$4,825 +16.8%$262,555 +18.8%
    2003$4,131 +29.9%$221,051 +23.5%
    2002$3,180 +15.1%$178,939 +13.5%
    2001$2,762 +74.9%$157,703 +39.1%
    2000$1,579 $113,361
    Find assessor info on the county website

    Neighborhood: Bayshore Gardens

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $563,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $563,300