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About This Home
This 3-bedroom, 2-bathroom single family at 6931 MAGELLAN WAY in SARASOTA, FL is listed for $513,800 ($270 per sqft). Built in 1957, the home offers 1,906 sqft of living space on a 0.25 acres lot.
Motivated Seller!! 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.
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.
Key Features
- Built in 1957
- 0.25 acre lot
Property Details
Monthly Cost Estimate
$2,748/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
6931 MAGELLAN WAY
SARASOTA, FL 34243
MAGELLAN PARK
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 6931 MAGELLAN WAY is listed at $513,800 ($270/sqft). The estimated monthly payment is $2,226 based on 20% down at 6.5% interest.
Key features include: Built in 1957, 0.25 acre lot. Interior Features: Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor. Exterior Features: Permeable Paving, Private Entrance, Private Mailbox.
This property is listed by Robert Halbman and can be reached at 9416773948 or Robert@waterfrontSRQ.com.
