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481 Magellan Drive, Sarasota, FL

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$875,000

($452/sqft)

List Status: Active
481 Magellan Drive
Sarasota, FL 34243


3 beds
3 baths
1936 living sqft
Top Features
  • Frontage: Canal - Brackish
  • View: Water
  • Subdivision: Sarabay Harbour Unit One
  • Built in  1968
  • Single Family Residence
Description
# Your Boat in the Backyard. Your Sunset Every Night. Your Sarasota!! Imagine waking up in Sarasota and deciding that today is a boat day. No packing the car, fighting boat ramp traffic, or planning your entire day around getting there. Your boat is right in your backyard, waiting for you. Pour a cup of coffee, walk down to your private dock, and just go.... Welcome to 481 Magellan Drive—a beautifully remodeled waterfront home where the best of the Florida lifestyle isn't something you have to drive to. It's right outside your back door. Spend the morning fishing along the creek, cruise out to Sarasota Bay, or head toward one of the area's beautiful private islands and secluded beaches. With convenient boating access to New Pass, Big Pass, and Longboat Pass, adventure is always within reach. And when you return home, your boat is waiting on its 10,000-pound lift, right where it belongs. But some of the best moments here happen without ever leaving home. As the afternoon fades, step onto your elevated waterfront deck, pour something cold, and watch the sky change colors as you relax in your private, heated swim spa Inside, the home is every bit as inviting as the setting. Beautifully remodeled with a thoughtful eye for design, this three-bedroom, three-bath residence offers just under 2,000 square feet of comfortable, stylish living. Classic terrazzo floors, an updated kitchen and bathrooms, and carefully considered improvements create a home that feels polished without losing the relaxed character that makes Florida living so appealing. There's room for guests, too, with a third bedroom featuring its own private entrance and en-suite bathroom. The climate-controlled garage offers additional flexibility, whether you need space for your vehicles, hobbies, or recreational gear. And then there's the location. Set on one of the area's most desirable streets, directly across from Sarabay Golf and Country Club, 481 Magellan puts you close to everything while offering a wat
Property Details
Property Features
Property Sub Type
Single Family Residence
View
Water
Frontage
Canal - Brackish
Pool
Fiberglass, Deck, In Ground
County
Manatee
Subdivision
SARABAY HARBOUR UNIT ONE
Additional Information
Additional Lease Restrictions
No community restrictions. Property is zoned for nightly rentals if desired.
Additional Parcels YN
false
Alternate Key Folio Num
6547100005
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
Association Fee
35
Association Fee Frequency
Annually
Association Fee Requirement
Optional
Association YN
true
Attached Garage YN
true
Available For Lease YN
1
Bathrooms Total Integer
3
Building Area Source
Public Records
Building Area Total
2434
Building Area Total Srch SqM
226.13
Building Area Units
Square Feet
Calculated List Price By Calculated SqFt
451.96
Carport YN
false
Construction Materials
Block
Cooling
Central Air
Country
US
Current Price
875000.00
Direction Faces
East
Exterior Features
Lighting, Private Entrance, Private Mailbox, Private Yard, Rain Gutters
Fireplace YN
false
Flood Zone Code
X500*
Flood Zone Date
2021-08-10
Flood Zone Panel
12081C0312F
Flooring
Terrazzo, Tile
Foundation Details
Stem Wall
Furnished
Unfurnished
Garage Spaces
2
Garage YN
true
Heating
Central, Electric
Interior Features
Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Walk-In Closet(s)
Internet Address Display YN
true
Internet Automated Valuation Display YN
false
Internet Consumer Comment YN
false
Internet Entire Listing Display YN
true
Laundry Features
Inside, Laundry Room
Levels
One
List AOR
Venice
Living Area Meters
179.86
Living Area Source
Public Records
Living Area Units
Square Feet
Lot Features
Near Golf Course, Near Marina, Paved
Lot Size Acres
0.32
Lot Size Square Feet
14070
Lot Size Square Meters
1307
Minimum Lease
No Minimum
Modification Timestamp
2026-10-20T23:57:10.375Z
Monthly HOA Amount
2.92
New Construction YN
false
Occupant Type
Vacant
Other Equipment
Irrigation Equipment, Private Entrance, Private Yard
Ownership
Fee Simple
Parcel Number
6547100005
Pets Allowed
Cats OK, Dogs OK
Pool Private YN
true
Postal Code Plus 4
1005
Public Survey Range
17E
Public Survey Section
23
RATIO Current Price By Calculated SqFt
451.96
Realtor Info
Short Term Rental Allowed
Road Surface Type
Asphalt
Roof
Shingle
Room Count
3
SW Subdiv Community Name
Sarabay Harbour
Senior Community YN
false
Sewer
Public Sewer
Showing Requirements
Listing Agent Must Accompany
Spa Features
Heated, Swim Spa
Status Change Timestamp
2026-10-20T17:26:41.000Z
Stories Total
1
Tax Annual Amount
3670.17
Tax Book Number
11-8
Tax Legal Description
LOT 8 SARABAY HARBOUR UNIT ONE PI#65471.0000/5
Tax Lot
8
Tax Year
2025
Total Acreage
1/4 to less than 1/2
Total Annual Fees
35.00
Total Monthly Fees
2.92
Township
35S
Universal Property Id
US-12081-N-6547100005-R-N
Unparsed Address
481 MAGELLAN DR
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Sprinkler Recycled, Water Connected
Water Access
Brackish Water, Canal - Brackish, Canal - Freshwater, Canal - Saltwater, Creek, Gulf/Ocean, Intracoastal Waterway, Marina, River
Water Access YN
1
Water Body Name
BOWLEES CREEK
Water Extras
Bridges - Fixed, Deck, Lift, Minimum Wake Zone
Water Extras YN
1
Water Frontage Feet Canal Brackish
100
Water Source
Public
Water View
Canal
Water View YN
1
Waterfront Feet Total
100
Waterfront YN
true
Zoning
RSF3/WR/
Neighborhood Map
Popup

Property Photos
Listing Photo
Listing Photo

MLS #MFRA4710027 Listing courtesy of Exit King Realty provided by Stellar MLS.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 10/20/26 9:17 PM) |

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