245 Magellan Drive
SARASOTA, FL 34243
- 4 beds
- 4 baths
- 2,818 sqft
- ~1/2 acre lot
- $531 per sqft
- 1957 build
- – on site
Have you ever dreamt of owning a house on a private island? Well, "Blue Island" is where your dream becomes REALITY!! This is a very unique opportunity to purchase one of the best waterfront properties in the area. This home sets on the end of peninsula with water on 3 sides. If the water is what you crave then this property will make you feel connected to it with water views from every room. The home is part of the Whitfield Estates neighborhood which provides some deed restrictions, and a Culinary membership to the Donald Ross designed historic Sara Bay Country club and golf. The location provides easy access to Downtown Sarasota, Downtown Bradenton and all of our world famous beaches, deep water boating with 2 full service marinas, a gas dock, and a Tiki bar all within a 1/4 mile. Boaters will love the location with quick easy access the the Bay and Gulf of Mexico. The home has been completely remodeled and offers 3 bedrooms, 2 1/2 baths, plus a 1 bedroom and 1 bath guest house, open kitchen with incredible water and sunset views, large laundry room, 3 car carport, garage/ workshop with sliding barn doors to access your covered boat house, 450 foot of new seawall, new 10,000 lb direct drive boat lift, 20' x 40' lap pool with huge paver deck, large paver driveway for multiple vehicles, fishing/ lounging dock, almost half an acre of land, all while being only minutes to Sarasota Airport. This property was originally built for the developer of the neighborhood, as it is the absolute best lot. The property was held in the same family for generations until recently, when this property was restored to better than new, with all new Seawall, resurfaced pool, new HVAC, New Metal roof, new hurricane sliding patio doors, new motorized patio roof, new 10,000lb boat lift, new septic system, new whole house water purifier, the list goes on and on. "Blue Island" is ready for the next family to make their memories. It is truly such an incredible property. If you love the water and want to be close to everything Sarasota has to offer this is the home for you. Bring your boat, bring your kayaks and paddle boards and start living the Waterfront lifestyle. Zoning allows for short term rentals with no restrictions if you are interested in offsetting costs.
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Last updated Jun 3, 2024
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MLS# A4611712 —
The Building
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Year Built:1957
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New Construction:false
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Architectural Style:Florida
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Construction Materials:Block
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Levels:One
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Stories Total:1
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Roof:Metal
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Foundation Details:Slab
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Window Features:Drapes
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Patio And Porch Features:Covered
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Building Area Total:3789
Interior
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Interior Features:Ceiling Fan(s)
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Furnished:Negotiable
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Flooring:Luxury Vinyl
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Additional Rooms:Family Room
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Fireplace:true
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Fireplace Features:Living Room
Room Dimensions
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Living Area:2818
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:From SRQ airport head West on University. Turn right to head North on US 41. Turn right onto Magellan, watch for private drive on the left side. Turn left into private drive and follow to the very end.
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Latitude:27.417323
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Longitude:-82.572738
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Coordinates:-82.572738, 27.417323
The Property
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Parcel Number:6725700006
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Property Type:Residential
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Property Subtype:Single Family Residence
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Lot Features:Flood Insurance Required
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Lot Size Acres:0.47
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Lot Size Area:20299
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Lot Size SqFt:20299
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Lot Size Units:Square Feet
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Total Acres:1/4 to less than 1/2
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Zoning:RSF3/WR/
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Direction Faces:West
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View:Water
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Exterior Features:Irrigation System
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Water Source:Well
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Road Surface Type:Paved
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Road Frontage Type:Street Dead-End
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Flood Zone Code:AE
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Homestead:false
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Lease Restrictions:false
Listing Agent
- Contact info:
- Agent phone:
- (941) 677-3948
- Office phone:
- (941) 497-6060
Taxes
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Tax Year:2023
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Tax Lot:M
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Tax Block:47
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Tax Legal Description:LAND DESC ORB 241 P 660 BEING PART OF LOT M, ALL LOT N OF BAILEY UNREC PLAT OF BLK 47 WHITFIELD ESTATES P-45 MORE PARTICULARY DESC AS FOLLOWS: FROM THE INT OF THE ELY LN OF THE 100 FT R/W OF THE NEW LOCATION OF TAMIAMI TRAIL (U.S. 41) & THE NLY LN OF THE 70 FT R/W OF DESOTA DR, AS SD DESOTA DR IS SHOWN ON THAT PART OF THE PLAT OF WHITFIELD ESTATES REC
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Tax Book Number:6-37;
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Tax Annual Amount:12168.51
Beds
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Bedrooms Total:4
Baths
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Total Baths:3.5
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Total Baths:4
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Full Baths:3
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Half Baths:1
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/A4611712
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Special Listing Conditions:None
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Buyer's Brokerage Compensation:2.5%
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Cable Connected
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Sewer:Aerobic Septic
Appliances
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Appliances:Dishwasher
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Laundry Features:Inside
Schools
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Elementary School:Florine J. Abel Elementary
The Community
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Subdivision Name:WHITFIELD ESTATES ON SARASOTA BAY BLKS
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Senior Community:false
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Community Features:Golf
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Water View:Canal
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Water View:true
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Water Access:Bay/Harbor
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Water Access:true
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Water Extras:Boathouse
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Water Body Name:Bowlees Creek
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Waterfront:true
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Waterfront Features:Canal - Brackish
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Pool Private:true
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Pool Features:Fiberglass
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Pets Allowed:Yes
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Association Amenities:Golf Course
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Association:false
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Amenities Additional Fees:The home is in the Whitfield Balentine overlay district. Some deed restrictions that are governed by Manatee County Code Enforcement. No commercial vehicles stored outside, no RVs, Boats, or trailers stored on property.
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Ownership:Fee Simple
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Association Approval Required:false
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Additional Water Information:Excellent boating water with 1 fixed bridge. Bridge has a 10ft clearance at high tide. Average clearance is 11ft.
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Waterfront Feet Total:450
Parking
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Garage:true
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Attached Garage:true
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Garage Spaces:1
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Carport:true
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Carport Spaces:3
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Covered Spaces:4
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Parking Features:Covered
Extra Units
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Other Structures:Boat House
Monthly cost estimate
![245 Magellan Drive](https://images.estately.net/148_A4611712_0_1716569245_636x435.jpg)
Asking price
$1,497,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$8,015
|
Taxes | $1,014 |
Insurance | $411 |
Utilities | $191 See report |
Total | $9,631/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/24/24
May 24, 2024
|
Listed / Active | STELLAR_MLS | $1,497,000 | 68.2% (17.9% / YR) |
7/29/20
Jul 29, 2020
|
STELLAR_MLS | $890,000 | 191.8% (110.3% / YR) | |
11/2/18
Nov 2, 2018
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STELLAR_MLS | $305,000 |