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Sold for $480,000
  • $480,000

    6931 Magellan Way, Sarasota, FL 34243

    3beds
    1,906sqft
    Single Family Residence
    Built in 1957
    0.25 Acres Lot
    $482,200 Zestimate®
    $252/sqft
    $2,915 Estimated rent

    Home value

    $482,200

    $458,000 - $506,000

    $2,915/mo

    Zestimate® history
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    What's special

    Well and irrigation systemCompletely updated interiorBonus bedroom with kitchenetteBright open layoutFresh stucco and paintNew flooringNew landscaping and sod
    WOW!!! A turnkey Sarasota airbnb for UNDER $500k!! Own the best of both worlds — a private vacation retreat and an income-producing asset in one of Florida’s most desirable coastal destinations. Perfectly positioned minutes from Sarasota–Bradenton International Airport and adjacent to the prestigious Sara Bay Country Club, this fully renovated 1,906 sq ft home delivers the rare flexibility today’s buyers want: enjoy it when you’re in town, and generate revenue when you’re away — with NO HOA and NO nightly rental restrictions. (This Zoning is almost impossible to find) Step inside to a completely updated interior, designed for comfort, style, and guest appeal. The home features 3 bedrooms, 2 baths plus a bonus bedroom with kitchenette — ideal for a private owner’s suite, in-law quarters, or a 4th rentable sleeping space to maximize income potential. High-end kitchen appliances, new cabinets and quartz countertops, new flooring, gas cooking for culinary enthusiasts, and a bright open layout create a space that feels as luxurious as it is functional. Outside, every major improvement has already been completed: new 30-year roof, fresh stucco and paint, new landscaping and sod, well and irrigation system, and a high-efficiency 21-SEER HVAC system with new ductwork — giving peace of mind and lower operating costs whether you’re living in it or renting it out. As an added lifestyle bonus, owners qualify for an optional culinary membership at the nearby private country club for just $35/year — offering access to an exclusive dining and social scene just a short walk away. Live the vacation lifestyle, earn income when you’re away, and own a rare unrestricted rental property in a high-demand destination. Priced to attract immediate attention — schedule your showing today. Room for a pool. Proposal for $39k included.

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Halbman 941-677-3948,

    EXIT KING REALTY 941-497-6060

    Bought with:

    Chad Fonder, 3484363

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4682871MLS LogoOriginating MLS: Venice

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Utility Room
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    Kitchen
    • Features: Breakfast Bar, No Closet
    • Level: First
    Living room
    • Features: No Closet
    • Level: First
    Heating
    • Central, Electric, Wall Units / Window Unit
    Cooling
    • Central Air, Ductless
    Appliances
    • Included: Convection Oven, Dishwasher, Disposal, Dryer, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s), In-Law Floorplan
    • Flooring: Luxury Vinyl
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 1,906
    • Total interior livable area: 1,906 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Irrigation System, Permeable Paving, Private Entrance, Private Mailbox, Private Yard
    Lot
    • Size: 0.25 Acres
    • Dimensions: 100 x 110
    • Residential vegetation: Trees/Landscaped
    Details
    • Additional structures: Shed(s)
    • Parcel number: 6730600001
    • Zoning: RSF3/WR
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame
    • Foundation: Slab
    • Roof: Membrane,Metal
    Condition
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: MAGELLAN PARK
    HOA
    • Has HOA: No
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $252/sqft
    • Tax assessed value: $244,340
    • Annual tax amount: $3,538
    • Date on market: 2/17/2026
    • Cumulative days on market: 52 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    5/8/2026Sold$480,000-3.6%$252/sqft
    Source: Stellar MLS #A4682871 Report a problem
    5/1/2026Pending sale$498,000$261/sqft
    Source: Stellar MLS #A4682871 Report a problem
    4/20/2026Price change$498,000-3.1%$261/sqft
    Source: Stellar MLS #A4682871 Report a problem
    4/12/2026Listed for sale$513,800$270/sqft
    Source: Stellar MLS #A4682871 Report a problem
    3/24/2026Listing removed$513,800$270/sqft
    Source: EXIT Realty broker feed #A4682871 Report a problem
    3/16/2026Price change$513,800-1.9%$270/sqft
    Source: Stellar MLS #A4682871 Report a problem
    3/5/2026Price change$523,800-4.6%$275/sqft
    Source: Stellar MLS #A4682871 Report a problem
    2/17/2026Listed for sale$549,000+71.9%$288/sqft
    Source: Stellar MLS #A4682871 Report a problem
    7/18/2025Sold$319,387-8%$168/sqft
    Source: Stellar MLS #A4652391 Report a problem
    7/15/2025Pending sale$347,000$182/sqft
    Source: Stellar MLS #A4652391 Report a problem
    7/4/2025Listed for sale$347,000$182/sqft
    Source: Stellar MLS #A4652391 Report a problem
    6/8/2025Pending sale$347,000$182/sqft
    Source: Stellar MLS #A4652391 Report a problem
    6/5/2025Price change$347,000-6.7%$182/sqft
    Source: Stellar MLS #A4652391 Report a problem
    5/30/2025Price change$372,000-4.6%$195/sqft
    Source: Stellar MLS #A4652391 Report a problem
    5/23/2025Price change$390,000-8.2%$205/sqft
    Source: Stellar MLS #A4652391 Report a problem
    5/16/2025Listed for sale$425,000-3.2%$223/sqft
    Source: Stellar MLS #A4652391 Report a problem
    5/9/2025Listing removed$439,000$230/sqft
    Source: Stellar MLS #A4648880 Report a problem
    5/7/2025Price change$439,000-9.5%$230/sqft
    Source: Stellar MLS #A4648880 Report a problem
    4/22/2025Price change$485,000-8.3%$254/sqft
    Source: Stellar MLS #A4648880 Report a problem
    4/15/2025Listed for sale$529,000-7.2%$278/sqft
    Source: Stellar MLS #A4648880 Report a problem
    4/10/2025Listing removed$569,900$299/sqft
    Source: Stellar MLS #TB8350913 Report a problem
    4/7/2025Price change$569,900-3.4%$299/sqft
    Source: Stellar MLS #TB8350913 Report a problem
    3/25/2025Price change$590,000-9.9%$310/sqft
    Source: Stellar MLS #TB8350913 Report a problem
    2/28/2025Price change$654,550-5%$343/sqft
    Source: Stellar MLS #TB8350913 Report a problem
    2/15/2025Listed for sale$689,000+395.7%$361/sqft
    Source: Stellar MLS #TB8350913 Report a problem
    1/6/2021Listing removed--
    Source: Stellar MLS Report a problem
    5/4/2015Sold$139,000+152.7%$73/sqft
    Source: Public Record Report a problem
    5/7/2012Sold$55,000$29/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,283 -7.2%$244,340 -6.7%
    2024$3,538 +1.7%$261,911 +3%
    2023$3,479 -5.3%$254,283 +12%
    2022$3,673 +118%$227,108 +71.5%
    2021$1,685 +1.7%$132,435 +1.4%
    2020$1,656 +2.4%$130,607 +2.3%
    2019$1,617 $127,671 +1.9%
    2018$1,617 +1.8%$125,290 +2.1%
    2017$1,589 +117.6%$122,713 +2.1%
    2016$730 $120,189 +65%
    2015$730 $72,829 +0.8%
    2014$730 +1.3%$72,251 +1.5%
    2013$721 +72000%$71,183 -4.4%
    2012$1 $74,431 -9%
    2011$1 $81,768 -17.4%
    2010-- $99,024 -16.8%
    2009$2,072 -8.5%$119,039 -16.4%
    2008$2,264 -13.9%$142,464 -16.9%
    2007$2,629 +10.2%$171,350 +19.1%
    2006$2,385 +19.3%$143,812 +23.2%
    2005$2,000 +14.8%$116,777 +16.5%
    2004$1,742 +5.1%$100,272 +7%
    2003$1,658 +14.2%$93,723 +14.7%
    2002$1,452 +14.3%$81,681 +12.6%
    2001$1,270 +1.7%$72,515 +3.8%
    2000$1,249 $69,887
    Find assessor info on the county website

    Neighborhood: Whitfield

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $482,200
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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
    $482,200