6931 Magellan Way, Sarasota, FL 34243

$480,000
3
BD
2
BA
1,906
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$480,000
List Price
$498,000
Status
Sold
Days on Market
70
Closing Date
May 08, 2026
MLS#
A4682871
Property Style
Single Family
Year Built
1957
Bedrooms
3
Bathrooms
2
Living Area
1,906
Lot Size
10,999
Acres
0.25
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Magellan Park
Community Name
Magellan Park
MLS Area Major
Sarasota

Property Description

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.

Additional Information

Taxes
$3538
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RSF3/WR
Interior Layout
Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s)
Interior Features
Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s)
Floor
Luxury Vinyl
Appliances
Convection Oven, Dishwasher, Disposal, Dryer, Refrigerator, Washer
Utilities
BB/HS Internet Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Heating
Central, Electric, Ductless
Air Conditioning
Central Air, Mini-Split Unit(s)
Exterior Construction
Frame
Exterior Features
Permeable Paving, Private Entrance, Private Mailbox, Private Yard
Roof
Membrane, Metal
Foundation
Slab
Pool
No Pool
Flood Zone Code
AE
Parcel ID
6730600001
Legal Description
LOT 15 MAGELLAN PARK UNIT 2 PI#67306.0000/1

Listing courtesy of EXIT KING REALTY. 941-497-6060

Selling Office: COLDWELL BANKER REALTY.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on