311 MAGELLAN DRIVE SARASOTA FL 34243 MLS #A4696859

311 MAGELLAN DRIVE
SARASOTA, FL, 34243
$699,000
2 Beds
2.5 Baths
2,702 SqFt
0.3 Acres
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MLS #A4696859 image #0
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.

Property Details

Price:
$699,000
MLS #:
A4696859
Status:
Active
Beds:
2
Baths:
2.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
MAGELLAN PARK
Neighborhood:
34243sarasota
Listed Date:
Jun 22, 2026
Finished Sq Ft:
2,702
Total Sq Ft:
3,255
Lot Size:
13,199 sqft / 0.30 acres (approx)
Year Built:
1961
WaterfrontPoolPrimary Bedroom Main Floor34243 – Sarasota34243sarasotaMagellan ParkFlorine J. Abel ElementaryElecta Arcotte Lee MagnetSoutheast HighBowlees CreekWaterNo MinimumPets Allowed

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Schools

Elementary School:
Florine J. Abel Elementary
Middle School:
Electa Arcotte Lee Magnet
High School:
Southeast High

Interior

Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Laminate, Terrazzo, Tile
Heating
Central, Electric
Interior Features
Ceiling Fan(s), Primary Bedroom Main Floor, Solid Surface Counters, Thermostat
Laundry Features
Inside, Laundry Closet
Levels
One

Exterior

Attached Garage YN
1
Construction Materials
Wood Frame
Covered Spaces
1
Direction Faces
South
Exterior Features
French Doors, Sliding Doors
Garage Spaces
1
Open Parking YN
1
Parking Features
Circular Driveway
Patio And Porch Features
Covered, Patio, Porch, Screened
Roof
Shingle
View
Water
Waterfront Features
Canal – Saltwater

Financial

HOA Fee
$40
HOA Fee Frequency
Annually
Tax Year
2025
Taxes
$4,437

Map

Community

Subdivisions in SARASOTA

Market Summary

Current real estate data for Single Family in SARASOTA as of Jun 25, 2026
2,055
Single Family Listed
116
Avg DOM
481
Avg $ / SqFt
$1,503,071
Avg List Price

Property Summary

    Located in the MAGELLAN PARK subdivision, 311 MAGELLAN DRIVE SARASOTA FL is a Single Family for sale in SARASOTA, FL, 34243. It is listed for $699,000 and features 2 beds, 3 baths, and has approximately 2,702 square feet of living space, and was originally constructed in 1961. The current price per square foot is $259. The average price per square foot for Single Family listings in SARASOTA is $481. The average listing price for Single Family in SARASOTA is $1,503,071. To schedule a showing of MLS#a4696859 at 311 MAGELLAN DRIVE in SARASOTA, FL, contact your CENTURY 21 Carioti agent at 2392986550.

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