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6931 MAGELLAN WAY, Sarasota, FL, 34243 | $485,000
MOTIVATED SELLER!! DRASTIC PRICE CUT FOR A QUICK SALE!! REDEVELOPMENT OPPORTUNITY INVESTORS!! HERE IS YOUR NEXT BEST FLIP. PROPERTY IS LOCATED WITHIN MANATEE COUNTY AND FALLS UNDER THE SFR-3 LOW DENSITY RESIDENTIAL DEVELOPMENT WITH VERTICAL EXPANSION. This is if you want to add to it or simply just live in this existing charming 3-Bedroom Bungalow in Historic Whitfield – Sarasota, Florida, and enjoy the easy, relaxing life style retiring to Florida means.
Tucked away on a quiet cul-de-sac in one of Sarasota’s most well-established and historic neighborhoods, this beautifully updated 3-bedroom, 2-bathroom bungalow offers comfort, charm, and convenience in equal measure. Located in Historic Whitfield, this home is just minutes from Sarasota’s world-class beaches, cultural landmarks, golf courses, and top-rated schools—making it the perfect retreat for year-round living or seasonal enjoyment.
What This Home Offers?
Step inside to a bright and inviting open floor plan, where natural light flows into a welcoming living space that connects seamlessly with the updated kitchen. Compact yet highly functional, the kitchen features modern appliances, ample cabinet space, and a smart layout that maximizes efficiency and comfort. The spacious backyard offers endless possibilities—plant a rose garden, grow fresh herbs, or create a tranquil outdoor lounge. A tool shed adds practical storage for gardening and DIY projects. The semi-circular paved driveway provides easy access and plenty of parking, perfect for all needs family members or guests.
Whether you’re downsizing, starting fresh, or looking for a peaceful home base near Sarasota’s best amenities, this home offers the simplicity and charm you’ve been searching for.
Key Features & Lifestyle:
Located on a cul-de-sac in a quiet, mature neighborhood with tree-lined streets
Spacious backyard with plenty of room for gardening or outdoor living
Tool shed included for extra storage
Semi-circular paved driveway for ease of access and extra parking
No HOA – enjoy the freedom to personalize your space
Prime Sarasota Location
2 minutes to Sara Bay Country Club
10 minutes to Sarasota-Bradenton International Airport
15 minutes to downtown Sarasota, Bradenton, and University Town Center (UTC)
15–25 minutes to some of Florida’s best beaches: Lido Beach, Siesta Key, Coquina Beach, Anna Maria Island
Top-Rated Schools Nearby
Florine J. Abel Elementary School
Sara Scott Harllee Middle School
Bayshore High School
Nearby Colleges & Universities
New College of Florida
USF Sarasota-Manatee Campus
Keiser University – Sarasota
State College of Florida, Manatee-Sarasota
This Whitfield gem is ideal for those who value peace and privacy, yet want to remain close to the vibrant cultural life and natural beauty of the Gulf Coast.
Schedule your private showing today—your Sarasota lifestyle awaits.
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
- Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
- MLS#: A4648880
- Days on Market: 7 days
- Website: https://www.raveis.com
/prop/A4648880/6931magellanway_sarasota_fl?source=qrflyer
Listing courtesy of CARTIER DU MONDE LLC Phone: 407-314-2825
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
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:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
6931 MAGELLAN WAY, Sarasota, FL, 34243
$485,000
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 | $388,000 | $388,000 | $388,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.058% | 7.050% | 6.152% |
| Monthly Tax Payment | $295 | $295 | $295 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,452 | $2,549 | $3,248 |
| Total Monthly Payment | $2,822 | $2,919 | $3,618 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388