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$699,000
New Listing

311 MAGELLAN DRIVE
SARASOTA, FL 34243

For Sale|Single Family Residence|Active
2
Beds
3
Total Baths
2
Full Baths
1
Partial Bath
2,702
SqFt
$259
/SqFt
1961
Built
Subdivision:
MAGELLAN PARK
County:
Manatee

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311 MAGELLAN DRIVE311 MAGELLAN DRIVE311 MAGELLAN DRIVE311 MAGELLAN DRIVE
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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.

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Listing Snapshot
Price 
$699,000
Days On Site 
0 Days
Bedrooms 
2
Inside Area (SqFt) 
2,702 sqft
Total Baths 
3
Full Baths 
2
Partial Baths 
1
Lot Size 
0.3 Acres
Year Built 
1961
MLS® Number 
A4696859
Status 
Active
Property Tax 
$4,437
HOA/Condo/Coop Fees 
$25
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
22 minutes agoListing updated with changes from the MLS®
7 hours agoListing first seen on site
General Features
Acres 
0.3
Attached Garage 
Yes
Direction Faces 
South
Foundation 
Slab
Garage 
Yes
Garage Spaces 
1
Levels 
One
Parking 
Circular DrivewayAttached
Pets 
Yes
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
3255
Utilities 
Cable AvailableElectricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
RSF3/HA/
Interior Features
Appliances 
DishwasherDisposalMicrowaveRangeRefrigerator
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Living RoomWood Burning
Flooring 
LaminateTerrazzoTile
Furnished 
Unfurnished
Heating 
CentralElectric
Laundry Features 
InsideLaundry Closet
Balcony/Porch/Lanai 
Level - First
Kitchen 
Level - First
Living Room 
Level - First
Master Bathroom 
Level - First
Master Bedroom 
Level - FirstFeatures - Ceiling Fan(s)
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Exterior Features
Construction Details 
Frame
Exterior 
Dock
Lot Features 
Waterfront
Patio And Porch 
CoveredPatioPorchScreened
Pool Features 
In GroundPrivate
Private Pool 
Yes
Roof 
Shingle
View 
CanalWater
Waterfront 
Yes
Waterfront Features 
Canal Front
Waterview 
CanalWater
Community Features
Association Dues 
25
Financing Terms Available 
CashConventionalVA Loan
MLS Area 
34243 - Sarasota
Roads 
AsphaltPaved
Township 
35
Schools
School District
Unknown
Elementary School
Florine J. Abel Elementary
Middle School
Electa Arcotte Lee Magnet
High School
Southeast High
Listing courtesy of RE/MAX ALLIANCE GROUP (941) 812-7277



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-06-22 10:19 PM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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