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6931 Magellan Way
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PRICED AT ONLY: $498,000

Address: 6931 Magellan Way, SARASOTA, FL 34243

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 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. (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 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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  • MLS#: A4682871 ( Residential )
  • Street Address: 6931 Magellan Way
  • Viewed: 27
  • Price: $498,000
  • Price sqft: $261
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 1906
  • Bedrooms: 3
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 63

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 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. (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 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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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
  • Views: 27
  • Zoning Code: RSF3/WR
Nearby Subdivisions
1994300 Lords Lot 9 Pb 263   Arbor Lakes A   Arbor Lakes B   Avalon At The Villages Of Palm   Ballentine Manor Estates   Callista Village   Carlyle At Village Of Palm Air   Carlyle At Villages Of Palmair   Cascades At Sarasota   Cascades At Sarasota Ph Iiia   Cascades At Sarasota Ph Iv   Cedar Creek   Centre Lake   Chaparral   Club Villas At Palm Aire Ph Vi   Clubside At Palmaire   Clubside At Palmaire I Ii   Cottages At Blu Vista   Country Oaks Ph I   Country Oaks Ph Ii   Crescent Lakes Ph 3   Del Sol Village At Longwood Ru   Desoto Acres   Desoto Lakes Country Club Colo   Desoto Pines   Fairway Six   Grady Pointe   Hunters Grove   Lakeridge Falls Ph 1a   Lakeridge Falls Ph 1b   Lakeridge Falls Ph 1c   Las Casas Condo   Links At Palmaire   Longpond At Mote Ranch Iii   Longwood Run   Magellan Park   Magnolia Point   Maple Lakes   Matoaka Hts   Misty Oaks   North Isles   Oak Grove Park   Oakwood Acres   Other   Palm Lakes   Palmaire At Desoto Lakes Count   Palmaire At Sarasota   Palmaire At Sarasota 11a   Palmaire At Sarasota 7b   Palmaire At Sarasota 7c   Palmaire At Sarasota 9a   Palmaire Desoto Lakes Country    Pine Trace   Pine Trace Condo   Pinehurst Sec I   Residences At University Grove   Riviera Club Village At Longwo   Sarabay Lake   Sarasota Cay Club Condo   Soleil West   Sonoma Ph I   Sonoma Ph I Rep   The Trails   The Trails Ph Iia   The Trails Ph Iii   The Trails Ph Iv   Treetops At North 40 Placid   Treetops At North 40 St Charl   Treetops At North Forty   Treymore At The Villages Of Pa   Tuxedo Park   University Groves Estates Rese   University Pines   University Village   Uplands The   Villa Amalfi   Vintage Creek   Whitfield Country Club   Whitfield Country Club Add   Whitfield Country Club Add Rep   Whitfield Country Club Estates   Whitfield Country Club Hts 5   Whitfield Estates   Whitfield Estates Blks 1423 2   Whitfield Estates Blks 5563   Whitfield Estates Ctd   Whitfield Estates On Sarasota    Woodbrook Ph I   Woodbrook Ph Iiia Iiib   Woodlake Villas At Palmaire X   Woods Of Whitfield  
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