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311 Magellan Drive

SARASOTA, FL 34243
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Bed 2

Bed

Bath 3

Bath

SqFt2,702

Sqft

Acres0.30

Acre(Lot)

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 se tting 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.

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Detail Ic Property Details

Property Type : Residential

Price : $699,000

AD Id : 85735614

MLS Id : MFRA4696859

Beds : 2

Lot Size : 0.30 Acre

Living Area Size : 2,702

Year Built : 1961

Garage : 1

County : Manatee

Subdivision: Magellan Park

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Feature Features

  • Bedroom Information

    Total Bedroom: 2

    Bathroom Information

    Total Baths: 3 Full Baths: 2 Half Baths: 1

    Interior Features

    Ceiling Fans(s), Primary Bedroom Main Floor, Solid Surface Counters, Thermostat Roof: Shingle Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator Laundry Features: Inside, Laundry Closet

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Laminate, Terrazzo, Tile Construction Materials: Frame
  • Heating & Cooling

    Heating: Central, Electric Cooling: Central Air Water front: 1 WaterSource: Public

  • Building Information

    Year Built: 1961
  • Exterior Features

    French Doors, Sliding Doors Construction Materials: Frame Foundation Details: Slab
  • Pool Features

    Private Pool: 1 In Ground

  • Lot Information

    Lot Square Feet: 13199 Lot Acres: 0.3 Lot Size (SqMt): 1226

    Property Information

    Property Type: Residential Sub Type: Single Family Residence

  • Listing Price Information

    Original List Price:$699000

  • Tax Information

    Tax Book Number: 9-52 Tax Lot: 3 Tax Legal Description: LOT 3, MAGELLAN PARK, UNIT 1, TOGETHER WITH THAT PART OF LOT 4 OF SD MEGELLAN PARK DESC AS FOLLOWS: BEG AT THE SW COR OF SD LOT 4; TH NLY ALG THE W LN OF SD LOT 4 AND ANY NECESSARY EXTENSION THEREOF, 166.30 FT TO ITS INTERSECTION WITH A CON BLOCK SEA WALL; TH SELY ALG SD SEAWALL 3.75 FT; TH SLY ON A LN LYING 1 INCH E OF A CHAIN LINK FENCE AND ANY NECESSARY Annual Tax: $4437 Tax Year: 2025 Parcel Number: 6727400001

  • Parking Information

    Circular Driveway

    Garage Information

    Has Garage: Yes Garage Space: 1

    Homeowners Association Information

    HOA: $40.00 Annually

  • School Information

    Elementary School: Florine J. Abel Elementary Junior High School: Electa Arcotte Lee Magnet Senior High School: Southeast High
  • Utility Information

    Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: MAGELLAN PARK City: SARASOTA Direction: From US-41 (Tamiami Trail), head west on Whitfield Avenue. Turn right onto Magellan Drive and continue south. Follow Magellan Drive to 311 Magellan Dr., Sarasota, FL 34243, which will be on the left.
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ByOwner last updated this listing 06/23/2026 @ 18:20

MLS: MFRMLS #A4696859 LISTED BY: Jay Travis, PA, RE/MAX ALLIANCE GROUP 941-758-7777 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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