6931 Magellan WaySarasota, FL 34243Sale Price: $480,000

  • Sale Price: $480,000
  • 36 Days Since Sale
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Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $480,000Sale Price
  • 3Bedrooms
  • 2Full Bath
  • 1,906Square Feet

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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 Florida's most desirable coastal destinations. Perfectly positioned minutes from Sarasota-Bradenton International Airport and adjacent to the prestigious Sara Bay Country Club, this fully renovated 1,906 sq ft home delivers the rare flexibility today's buyers want: enjoy it when you're in town, and generate revenue when you're 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 owner's 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 you're 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 you're 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.

Property Details of 6931 Magellan Way

Property Details

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Est. Mortgage:
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Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Robert Halbman of EXIT KING REALTY (941-497-6060)

Listing Sold by COLDWELL BANKER REALTY

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 12, 2026 11:07 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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