- Properties
- Meet our agents
- Communities
- Market Report
- Home Value
- Calculator
Property
Beds
3
Full Baths
3
1/2 Baths
None
Year Built
1968
Sq.Footage
1,936
# Your Boat in the Backyard. Your Sunset Every Night. Your Sarasota!! Imagine waking up in Sarasota and deciding that today is a boat day. No packing the car, fighting boat ramp traffic, or planning your entire day around getting there. Your boat is right in your backyard, waiting for you. Pour a cup of coffee, walk down to your private dock, and just go.... Welcome to 481 Magellan Drive—a beautifully remodeled waterfront home where the best of the Florida lifestyle isn't something you have to drive to. It's right outside your back door. Spend the morning fishing along the creek, cruise out to Sarasota Bay, or head toward one of the area's beautiful private islands and secluded beaches. With convenient boating access to New Pass, Big Pass, and Longboat Pass, adventure is always within reach. And when you return home, your boat is waiting on its 10,000-pound lift, right where it belongs. But some of the best moments here happen without ever leaving home. As the afternoon fades, step onto your elevated waterfront deck, pour something cold, and watch the sky change colors as you relax in your private, heated swim spa Inside, the home is every bit as inviting as the setting. Beautifully remodeled with a thoughtful eye for design, this three-bedroom, three-bath residence offers just under 2,000 square feet of comfortable, stylish living. Classic terrazzo floors, an updated kitchen and bathrooms, and carefully considered improvements create a home that feels polished without losing the relaxed character that makes Florida living so appealing. There's room for guests, too, with a third bedroom featuring its own private entrance and en-suite bathroom. The climate-controlled garage offers additional flexibility, whether you need space for your vehicles, hobbies, or recreational gear. And then there's the location. Set on one of the area's most desirable streets, directly across from Sarabay Golf and Country Club, 481 Magellan puts you close to everything while offering a waterfront setting that feels a world away from the crowds. Downtown Sarasota, downtown Bradenton, and University Town Center are all approximately 15 minutes away. The beaches are roughly 20 minutes by car—or you can make the journey part of the adventure and head out by boat. It's a rare combination: No CDD, No HOA, and No Flood insurance required!!! The convenience of a central Sarasota location, the character of an established neighborhood, and the freedom that comes with living on the water. Thoughtful energy-efficient upgrades, a newer roof, insulated windows, and updated mechanical systems add comfort and peace of mind. Looking for a waterfront home to enjoy full-time? A place to escape to when the rest of the world gets busy? Or a property with established short-term rental history and the potential to make your time away work for you? This home offers possibilities beyond the ordinary. Because the real luxury isn't just having a beautiful home. It's having the freedom to fish before breakfast, disappear to a quiet beach for the afternoon, and watch another spectacular Sarasota sunset without ever leaving your own backyard. **481 Magellan Drive. This is what living in Sarasota should feel like.** Schedule your private showing today.
Open Houses
Open house times are shown in the property’s local time.
-
Saturday
October 24, 2026
–
In progressYour time:
-
Sunday
October 25, 2026
–
In progressYour time:
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Open Floorplan, Stone Counters, Walk-In Closet(s), In-Law Floorplan
-
Total Bedrooms
3
-
Bathrooms
3
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
Cats OK, Dogs OK
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Block
-
Other Exterior Features
Lighting, Private Entrance, Private Yard, Rain Gutters, Dock
-
Parking
Attached
-
Pool
Yes
-
Pool Features
In Ground, Fiberglass, Private
-
Waterfront YN
YES
-
View
Canal, Water
Area & Lot
-
Lot Features
Near Golf Course, Paved, Waterfront
-
Lot Size(acres)
0.32
-
Lot Size(square feet)
14,070
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$875,000
-
Tax Amount
$3,670.17
-
Financing Options
Cash, Conventional, FHA, VA Loan
-
Sq. Footage
1,936
-
Price/SqFt
$451
HOA
-
Association
YES
-
Association Fee
$35
-
Association Fee Frequency
Annually
-
Association Fee Includes
N/A
-
Total Monthly Fees
$2.92
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
New Construction
NO
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
8
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Manatee
Elementary School
Middle School
High School
Listing Courtesy of Robert Halbman, EXIT KING REALTY
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Executive Assistant
Emil Garinga
Call Emil today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.