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311 MAGELLAN DR Sarasota, FL 34243
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Key Details
Sold Price $650,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,702 sqft
Price per Sqft $240
Subdivision Magellan Park
MLS Listing ID A4696859
Sold Date 08/14/26
Bedrooms 2
Full Baths 2
Half Baths 1
HOA Fees $3/ann
HOA Y/N Yes
Annual Recurring Fee 40.0
Year Built 1961
Annual Tax Amount $4,437
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
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.
Location
State FL
County Manatee
Community Magellan Park
Area 34243 - Sarasota
Zoning RSF3/HA/
Rooms
Other Rooms Inside Utility
Interior
Interior Features Ceiling Fans(s), Primary Bedroom Main Floor, Solid Surface Counters, Thermostat
Heating Central, Electric
Cooling Central Air
Flooring Laminate, Terrazzo, Tile
Fireplaces Type Living Room, Wood Burning
Furnishings Unfurnished
Fireplace true
Appliance Dishwasher, Disposal, Microwave, Range, Refrigerator
Laundry Inside, Laundry Closet
Exterior
Exterior Feature French Doors, Sliding Doors
Parking Features Circular Driveway
Garage Spaces 1.0
Pool In Ground
Utilities Available Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Waterfront Description Canal - Saltwater
View Y/N Yes
Water Access Yes
Water Access Desc Bay/Harbor,Canal - Saltwater,Intracoastal Waterway
View Water
Roof Type Shingle
Porch Covered, Patio, Porch, Screened
Attached Garage true
Exposure South
Garage true
Private Pool Yes
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Schools
Elementary Schools Florine J. Abel Elementary
Middle Schools Electa Arcotte Lee Magnet
High Schools Southeast High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Monthly Total Fees $3
Acceptable Financing Cash, Conventional, VA Loan
Membership Fee Required Optional
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
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