$549,000

6931 Magellan Way Sarasota, FL 34243 Residential - Single Family Active

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Description

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.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.

Property Highlights

Property Type: Residential - Single Family
Cooling: Central Air, Mini-Split Unit(s)
Heating: Central, Electric, Ductless
Lot Size: 0.25 Acres
Roof Type: Membrane, Metal
Stories: 1.0
Taxes: $3,538
Year Built: 1957

General Information

Bedrooms: 3
Bathrooms: 2 Full
Sqft: 1,906
County: Manatee
Subdivision: MAGELLAN PARK
Listed By:
Robert Halbman EXIT KING REALTY 941-497-6060

Amenities

Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Solid Wood Cabinets
Thermostat
Vaulted Ceiling(s)
Permeable Paving
Private Entrance
Private Mailbox
Private Yard

Property Features

Additional Rooms: Inside Utility, Interior In-Law Suite w/Private Entry
Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Refrigerator, Washer
Days on Site: 13
Directions: From US 41 head east onto Magellan Dr. Turn left onto Magellan Way, and house will be on the right.
Exterior: Frame
Flood Zone Code: AE
Flooring: Luxury Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.25
Other Equipment: Irrigation Equipment, Permeable Paving, Private Entrance, Private Yard
Other Structures: Shed(s)
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Appointment Only, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Vegetation: Trees/Landscaped
Water: Public
Water Access Y/N: No
Zoning: RSF3/WR
$549,000
3beds
2.0baths
1,906sqft
Active
BEDS3 BATHS2 full SQUARE FEET1,906 MLS#A4682871
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMAGELLAN PARK

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6931 Magellan Way, Sarasota, FL 34243.

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Estimated Payment

$ 2,306.64 per month $1,851.68 Principal & Interest $294.83 Property Tax $160.13 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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