6931 MAGELLAN WAY, Sarasota, FL, 34243 | $425,000

Discover the ultimate Sarasota lifestyle—where comfort, convenience, and coastal charm come together.
Just five minutes from SRQ Airport, this ideally located home places you in the heart of it all. Walk to Sara Bay Country Club designed by the legendary Donald Ross, known for greens rivaling those of the 2024 US Open Pinehurst No. 2. Stroll down the road to Sara Bay Marina, which offers both wet slips (up to 60 feet) and enclosed dry storage (up to 40 feet), perfect for boat owners. While you're out, enjoy a fresh seafood lunch or dinner at the local favorite, Anna Maria Oyster Bar.
Culture, recreation, and entertainment are right around the corner. Spend your afternoons exploring the 66-acre bay front grounds of The Ringling Museum, a blend of art, history, and serene gardens. Hand-feed flamingos at nearby Jungle Gardens or catch a spring training game with the Baltimore Orioles. For dining, shopping, and nightlife, downtown Sarasota is just a short drive away.
Step inside this well-maintained 3-bedroom, 2-bathroom home, nestled in a quiet, established Whitfield Estates neighborhood. The spacious, light-filled layout features an open-concept living and dining area that flows effortlessly into a private backyard oasis—ideal for year-round outdoor living.
The modernized kitchen is equipped with quartz countertops, stainless steel appliances, and a breakfast bar / island—perfect for casual meals or entertaining guests. The large windows throughout fill the home with natural light, creating a warm and inviting atmosphere.
The primary suite includes a generous walk-in closet and a spa-like en suite bathroom. On the opposite side of the home, you’ll find a versatile bonus room and a laundry area with a separate entrance—an excellent setup for a guest suite, in-law quarters, AirBnB, or rental opportunity. Per the floor plan, the house can be used as a 4 bedroom home. Additionally, a 3rd bathroom could be put where the pantry is, making the right side of the house (the south wing) a 1 bedroom / 1 Bath / kitchen appartment.
Additional highlights include:
• Natural gas tankless water heater
• Gas line already plumbed—ideal for a future gas range or generator
• New roof installed in 2019.
Located just minutes from University Town Center, top-rated schools, scenic parks, and Sarasota’s iconic beaches, this move-in ready home offers the perfect blend of location and lifestyle.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 100 x 110
  • Laundry: Electric Dryer Hookup, Washer Hookup
  • Year Built: 1957
  • Garage: Driveway
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,411
  • Acreage: 0.25
  • Lot Size: 100 x 110
  • Est. Taxes: $3,538
  • Elem. School: Florine J. Abel Elementary
  • Middle School: Sara Scott Harllee Middle
  • High School: Bayshore High
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4652391
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4652391/6931magellanway_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/20/2025 9:47:10 PM)
Listing courtesy of RE/MAX ALLIANCE GROUP   Phone: 941-954-5454

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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6931 MAGELLAN WAY, Sarasota, FL, 34243

$425,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $340,000 $340,000 $340,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.990% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.160% 7.154% 6.172%
Monthly Tax Payment $295 $295 $295
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,205 $2,260 $2,846
Total Monthly Payment $2,575 $2,630 $3,216

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.