Description of 6931 Magellan Way, Sarasota, FL 34243
Listing details for 6931 Magellan Way, Sarasota, FL 34243 : 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.
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.
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Listing Updated : 03-01-2026 at 3:13 PM EST
Listing Provided By : Robert Halbman, 941-497-6060, EXIT KING REALTY
Source :
Stellar MLS as distributed by MLS GRID, MLS#: MFRA4682871
Property Details
Overview
Status
Active
MLS #ID
MFRA4682871
Price
$549,000
Bedrooms
3
Bathrooms
2
Square Footage
1,906
Acres
0.25
Year
1957
Days on Site
55
Property Type
Residential
Property Sub Type
Single-Family
Price per Sq Ft
$288
Date Listed
Feb 17, 2026
Community Information for 6931 Magellan Way, Sarasota, FL 34243
Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat and Vaulted Ceiling(s)
Appliances
Convection Oven, Dishwasher, Disposal, Dryer, Refrigerator and Washer
Heating
Central, Electric and Ductless
Cooling
Central Air and Mini-Split Unit(s)
Fireplace
No
Exterior
Exterior
Permeable Paving, Private Entrance, Private Mailbox and Private Yard
Roof
Membrane,Metal
Foundation
Slab
HOA
Has HOA
None
Additional Information
Styles
Price per Sq Ft
$288
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Based on information submitted to the MLS GRID as of 2026-04-13 at 8:02 a.m. EDT. 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