311 Magellan Drive, Sarasota, FL 34243
Local realty services provided by:Gulf Shores Realty ERA Powered
Listed by: jay travis, pa
Office: re/max alliance group
MLS#:A4696859
Source:MFRMLS
Price summary
- Price:$699,000
- Price per sq. ft.:$214.75
- Monthly HOA dues:$3.33
About this home
WATERFRONT POOL HOME ON BOWLEES CREEK – NOT IN A FLOOD ZONE – PRICED FOR IMMEDIATE SALE! Rarely does an opportunity like this come available in such a desirable location. Nestled along picturesque Bowlees Creek and adjacent to Sara Bay Country Club, this 2 bedroom, 2 bathroom waterfront pool home offers over 2,700 sqft of living space and the perfect chance for buyers seeking waterfront living, a private pool, and boating access at a price that leaves room for future improvements and personal touches. From the moment you arrive, the home welcomes you with a spacious circular driveway, mature tropical landscaping, and a private courtyard style entrance that creates a unique sense of character and privacy. The bright exterior and Mid Century design elements provide great curb appeal while setting the stage for a property that is both inviting and full of potential. Inside, the home offers a spacious layout with multiple living and gathering areas. The main living room features vaulted wood plank ceilings, large windows, and sliding glass doors that bring in natural light and connect seamlessly to the outdoor living spaces. The updated kitchen is one of the highlights of the home and has already undergone a stylish renovation with contemporary cabinetry, solid surface countertops, stainless steel appliances, double wall ovens, a gas cooktop, abundant storage, and generous workspace for cooking and entertaining. Beyond the main living areas, additional flexible space provides endless possibilities for a family room, game room, office, hobby room, or guest retreat. Large windows and sliding doors throughout the home help blur the line between indoor and outdoor living while showcasing views of the pool and waterfront setting. The primary suite offers direct access to outdoor living areas and features ample closet space along with an ensuite bath. The guest bedroom is generously sized and positioned near the second full bathroom. While the kitchen has been updated, many of the flooring surfaces and bathrooms remain largely original, providing an excellent opportunity for a new owner to renovate and build additional equity while customizing the home to their own taste and style. Outdoor living is where this property truly shines. A large screened pool enclosure surrounds the sparkling pool and expansive deck areas, creating a private retreat for year round enjoyment. Multiple covered and screened outdoor spaces provide room for dining, entertaining, relaxing, or simply enjoying the peaceful waterfront setting. The backyard offers direct frontage on Bowlees Creek with a seawall, DOCK, and covered BOAT LIFT already in place. Launch your boat, kayak, or paddleboard right from your backyard and enjoy easy access to the surrounding waterways. The creek setting provides a tranquil backdrop with mature trees and natural scenery while still being conveniently located near shopping, dining, beaches, downtown Sarasota, SRQ Airport, and all that the area has to offer. Whether you are searching for a primary residence, seasonal retreat, investment opportunity, or waterfront property to update and make your own, this home presents exceptional value. With an updated kitchen, waterfront location, pool, boat lift, desirable setting next to Sara Bay Country Club, and pricing below current market value for a quick sale, this is an opportunity that savvy buyers will not want to miss. Bring your vision and unlock the full potential of this waterfront gem....
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Home facts
- Year built:1961
- Listing ID #:A4696859
- Added:9 day(s) ago
- Updated:July 02, 2026 at 08:34 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Laminate, Terrazzo, Tile
- Kitchen Description:Dishwasher, Disposal, Microwave, Range, Refrigerator, Solid Surface Counters
- Bedroom Description:Primary Bedroom Main Floor
- Living area:2,702 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1961
- Building area:2,702 sq. ft.
- Lot area:0.3 Acres
- Construction Materials:Frame
- Exterior Features:Covered Porch/Patio, Patio, Porch, Screened
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Southeast High
- Middle school:Electa Arcotte Lee Magnet
- Elementary school:Florine J. Abel Elementary
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$699,000
- Price per sq. ft.:$214.75
- Tax amount:$4,437 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Microwave, Range, Refrigerator
- Laundry features:Inside, Laundry Closet
- Amenities:Cable Available, Ceiling Fans(s), Primary Bedroom Main Floor, Solid Surface Counters, Thermostat
- Pool features:In Ground, Private Pool
Parking
- Parking description:Attached Garage, Circular Driveway
- Garage:Yes
- Garage spaces:1
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