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$480,000
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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.
Full Property Details
Full Property Details for 6931 Magellan Way
General
- Sold For: $480,000
- Taxes: $3,538 (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4682871
- Added to Site: 106 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s)
- Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Refrigerator, Washer
- Furnishings: Furnished
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Room
Exterior
- Exterior Features: Irrigation System, Permeable Paving, Private Entrance, Private Mailbox, Private Yard
Location
- Area: 34243 - Sarasota
- County: Manatee
- Development Name: 34243 - Sarasota
- Subdivision: MAGELLAN PARK
- Driving Directions: From US 41 head east onto Magellan Dr. Turn left onto Magellan Way, and house will be on the right.
- Direction Faces: West
Community
- Community Name: 34243 - Sarasota
Heating & Cooling
- Cooling Type: Central Air, Mini-Split Unit(s)
- Heating Type: Central, Electric, Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Wood Frame
- Roof: Membrane, Metal
- Stories/Levels: One
- Square Feet: 1,906
- Sq. Ft. Source: Public Records
- Living Area: 1,906 Sq. Ft.
- Year Built: 1957
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,999
- Lot Size: 10999
- Lot Dimensions: 100 x 110
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $3,538.03
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 15 MAGELLAN PARK UNIT 2 PI#67306.0000/1
- Flood Zone Info: AE
- APN: 6730600001
- Property ID: 6730600001
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Schools
Schools serving 6931 Magellan Way
School District:Manatee County School District
| Name | Grades | Distance |
|---|---|---|
Florine J Abel Elementary School 7100 Madonna Place, Sarasota, FL 34243 | PK-5 | 1 mi |
Electa Lee Magnet Middle School 4000 53rd Avenue West, Bradenton, FL 34210 | 6-8 | 2.8 mi |
Southeast High School 1200 37th Avenue East, Bradenton, FL 34208 | 9-12 | 3.6 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 6931 Magellan Way
Date
Details
Price
Change
Source
5/08/2026
Sold
$480,000
-3.61%
MLS
4/20/2026
Price Reduced
$498,000
-3.08%
MLS
3/16/2026
Price Reduced
$513,800
-1.91%
MLS
3/05/2026
Price Reduced
$523,800
-4.59%
MLS
2/17/2026
Listed
$549,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6931 Magellan Way, Sarasota, FL 34243 (MLS# A4682871) is a Single Family property that was sold at $480,000 on May 08, 2026. This property was sold by Chad Fonder from our Sarasota Downtown Office.Want to learn more about 6931 Magellan Way? 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.


