This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$650,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
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.
Full Property Details
Full Property Details for 311 Magellan Dr
General
- Sold For: $650,000
- HOA FEE: $3/month
- HOA FEE FREQ.: Annually
- Taxes: $4,437 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4696859
- Added to Site: 68 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 5
- Interior Features: Ceiling Fan(s), Primary Bedroom Main Floor, Solid Surface Counters, Thermostat
- Fireplace: Yes
- Fireplace(s): Living Room, Wood Burning
- Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Laminate, Terrazzo, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside, Laundry Closet
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
Exterior
- Exterior Features: French Doors, Sliding Doors
- Deck/Patio: Covered, Patio, Porch, Screened
- Porch/Patio/Deck: Covered, Patio, Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Circular Driveway
Location
- Area: 34243 - Sarasota
- County: Manatee
- Development Name: 34243 - Sarasota
- Subdivision: MAGELLAN PARK
- Driving Directions: 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.
- Direction Faces: South
School Information
- Elementary School: Florine J. Abel Elementary
- Middle School: Electa Arcotte Lee Magnet
- High School: Southeast High
Community
- Community Name: 34243 - Sarasota
- Association: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water District: BOWLEES CREEK
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Public, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Wood Frame
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 2,702
- Sq. Ft. Source: Public Records
- Living Area: 2,702 Sq. Ft.
- Year Built: 1961
Lot Features
- Property View: Water
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,199
- Lot Size: 13199
- Street/Road Desc.: Asphalt, Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway
- Water Extras: Yes
- Water Front Name: BOWLEES CREEK
- Water Front Desc.: Saltwater Canal
Financial Considerations
- Association Fee: $40
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Optional
- Tax Amount: $4,437
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- 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
- Flood Zone Info: X500
- APN: 6727400001
- Property ID: 6727400001
Listed by Re/Max Alliance Group
Sold by Exit King Realty
Get Pre-Approved Today
Schools
Schools serving 311 Magellan Dr
School District:Manatee County School District
| Name | Grades | Distance |
|---|---|---|
Florine J Abel Elementary School 7100 Madonna Place, Sarasota, FL 34243 | PK-5 | 1.2 mi |
Electa Lee Magnet Middle School 4000 53rd Avenue West, Bradenton, FL 34210 | 6-8 | 2.7 mi |
Southeast High School 1200 37th Avenue East, Bradenton, FL 34208 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 311 Magellan Dr
Date
Details
Price
Change
Source
8/14/2026
Sold
$750,000
7.3%
MLS
6/22/2026
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
311 Magellan Drive, Sarasota, FL 34243 (MLS# A4696859) is a Single Family property that was sold at $650,000 on August 14, 2026. Want to learn more about 311 Magellan Drive? Do you have questions about finding other Single Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

