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6931 Magellan Way
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PRICED AT ONLY: $513,800

Address: 6931 Magellan Way, SARASOTA, FL 34243

Description

Motivated Seller!! Own the best of both worlds a private vacation retreat and an income producing asset in one of Floridas most desirable coastal destinations. Perfectly positioned minutes from SarasotaBradenton International Airport and adjacent to the prestigious Sara Bay Country Club, this fully renovated 1,906 sq ft home delivers the rare flexibility todays buyers want: enjoy it when youre in town, and generate revenue when youre 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 owners 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 youre 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 youre 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.
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

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  • MLS#: A4682871 ( Residential )
  • Street Address: 6931 Magellan Way
  • Viewed: 9
  • Price: $513,800
  • Price sqft: $270
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 1906
  • Bedrooms: 3
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 56
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Permeable Paving, Private Entrance, Private Mailbox, Private Yard
  • Flooring: Luxury Vinyl
  • Living Area: 1906.00
  • Other Structures: Shed(s)
  • Roof: Membrane, Metal
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Central, Electric, Ductless
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Country: US
  • Furnished: Furnished
  • Interior Features: Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s)
  • Legal Description: LOT 15 MAGELLAN PARK UNIT 2 PI#67306.0000/1
  • Levels: One
  • Area Major: 34243 - Sarasota
  • Occupant Type: Vacant
  • Parcel Number: 6730600001
  • Zoning Code: RSF3/WR
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Contact Info

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Hardeep Kumar Yh