1320 MAGELLAN DRIVE Sarasota, FL $ 407,500
1320 MAGELLAN DRIVE
$ 407,500
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1320 MAGELLAN DRIVE

Sarasota, FL, 34243
$ 407,500
Bedrooms3 Baths2.0 Sq 2,481

Monthly Estimate*

$ 2,542

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Single Family Home for sale in Sarasota, FL

for $407,500 with 3 bedrooms and 2 full baths. This 2,481 square foot home was built in 1958 on a lot size of 0.29.

Under contract-accepting backup offers. HUGE VALUE + ENDLESS POTENTIAL! Price just reduced to $407,500 — exceptional value for this stunning SARASOTA POOL HOME! If you’ve been waiting for the perfect moment, this is it. Large corner lot with NO HOA! If you’ve been searching for a home with great bones, major updates already done, and the freedom to customize it to your style, THIS is the one you don’t want to miss. This spacious 3-bedroom, 2-bath pool home is move-in ready as-is — and also offers a fantastic opportunity to add your personal touches and build instant equity. Big-Ticket Updates Already Completed: New Roof (2021), New Garage Door (2024), Fresh Exterior Paint (2025), Interior Paint (2020), Updated Electrical & Plumbing (2014), New Refrigerator (2023), 30-Amp RV Hookup, Fully Fenced Yard Inside, you’ll love the oversized living room with a cozy gas fireplace, a formal dining area, and an eat-in kitchen with bar seating, solid-surface countertops, and an instant hot water dispenser. The split floor plan provides privacy, and the A/C garage offers incredible flexibility — perfect for a 4th bedroom, home office, gym, workshop, or hobby space. Your Outdoor Oasis Awaits Enjoy a heated pool, covered lanai, paver patio, dog run, lush tropical landscaping, and TWO storage sheds — plus plenty of parking for guests, toys, or an RV. Why buyers love this home: It’s in a quiet, pet-friendly Sarasota location just minutes to Bradenton, shopping, dining, and Gulf beaches — BUT without HOA restrictions, CDD fees, or the hassle of “cookie-cutter” communities. Yes, some cosmetic updates could modernize the interior — but that’s exactly what makes this home such an incredible opportunity. The expensive upgrades are done; all that’s left is choosing the finishes that fit your style. And at this price, you have the budget to make it your own. Preferred Lender Colonial Mortgage is offering no underwriting fee + a FREE appraisal at closing — even more savings for the buyer! Homes with this amount of space, updates, and potential are rare — especially in Sarasota at this price. Schedule your showing today and imagine the possibilities!

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Single Family Pending

Price

$ 407,500

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,346

Style

Ranch

Lot Size

0.29

Year Built

1958

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4646380

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Public Sprinkler Well
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Disposal Dryer Electric Water Heater Ice Maker Microwave Range Refrigerator Washer
Zoning RSF3
Garage Spaces 1
Patio/Porch Features Covered Deck Patio Porch
Architectural Style Ranch
Pool Features Heated
Construction Materials Wood Frame
Pets Allowed Yes
Year Built 1958
Levels One
Property Subtype Single Family Residence
Tax Year 2024
Ownership Fee Simple
County Manatee
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name WHITFIELD COUNTRY CLUB HEIGHTS UN 1&2
Facing Direction North
Garage Y/N true
Other Structures Kennel/Dog Run Shed(s) Storage Workshop
Total Rooms 8
Full Baths 2
Status Pending
Directions North on 301 to west on University to North on 15th st East to West on Magellan 5th house on Left
High School Southeast High
City SARASOTA
Senior Community Y/N false
MLS Area 34243 - Sarasota
Lot Size Units Square Feet
Lot Size Square Feet 12576
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Elementary School Florine J. Abel Elementary
Land Lease Y/N false
Tax Annual Amount 2346
Middle/Junior High School Electa Arcotte Lee Magnet
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://cmsphotography.hd.pics/1320-Magellan-Dr/idx
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Occupancy Type Vacant
Tax Lot 8
Legal Description LOT 8 BLK B UNIT 1 WHITFIELD COUNTRY CLUB HTS PI#65947.0000/4
Minimum Lease No Minimum
Water Access Y/N false
Additional Rooms Formal Dining Room Separate
Water View Y/N false
Flood Zone Code AE
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Interior
Interior Amenities Built-in Features Cathedral Ceiling(s) Ceiling Fan(s) Crown Molding Eating Space In Kitchen Open Floorplan Primary Bedroom Main Floor Solid Surface Counters Solid Wood Cabinets Split Bedroom Thermostat Walk-In Closet(s) Window Treatments
Flooring Carpet Ceramic Tile Laminate
Furnished Y/N Unfurnished
Fireplace Features Gas
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Laundry Features Inside Laundry Room
Total Bedrooms 3
Total Baths 2
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Exterior
Exterior Amenities Dog Run French Doors Private Mailbox Rain Gutters Sliding Doors Storage
Fencing Fenced Wood
Lot Features Corner Lot Oversized Lot
Water Source Public
Lot Size Area 12576
Foundation Details Slab
Building Area Total 2823
Lot Size Acres 0.29
Road Surface Type Asphalt
Private Pool true
Waterfront Y/N false
Covered Spaces 1
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* Excluded Features
List By
Re/Max Alliance Group

Broker

Tinaclementsrealtor@gmail.com

Email

Affordability Calculator

$2,738
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,542
Monthly Property Taxes
$196
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Southeast High High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$407,500 Listed Price

Map


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1320 MAGELLAN DRIVE, Sarasota, FL, 34243 is a Single Family Home for sale at $407,500 with 2,481 sqft and a lot size of 0.29. 1320 MAGELLAN DRIVE has 3 bedrooms, 2.0 baths, and was built in 1958. The property's zip code is 34243 which is in Sarasota, FL