7 months on rocket

423 Magellan Dr, Sarasota, FL, 34243

$272,500

0.26 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontCanal
ViewGarden, Golf Course
MLS #A4583762
Lot Size0.26 Acres
StatusActive

About 423 Magellan Dr

Build your dream home on this impressive 0.26-acre lot, boasting captivating views of the 9th hole of the golf course, directly across the street with unobstructed views. This exclusive opportunity is one of the last available lots in the charming Whitfield Estates community. Founded in the 1920s, Whitfield Estates exudes a serene, park-like ambiance with its tree-lined avenues and inviting sidewalks, setting the stage for a multitude of possibilities. Positioned just 5 miles from downtown Sarasota and 7 miles from downtown Bradenton, this location offers convenient access to cultural attractions like the Ringling Museum of Art, New College, the University of South Florida, the Ringling College of Art and Design, and the Asolo Theater, as well as the SRQ International Airport. As a resident of Whitfield Estates, you have the option to join the voluntary neighborhood association, which grants access to the renowned Sara Bay Country Club, known for its Donald Ross-designed golf course. With annual dues of only $35, membership also includes the privilege of dining at the Sara Bay Country Club. For boating enthusiasts, the SaraBay Marina is conveniently located nearby, offering both boat slips and dry docks.

Property Details

Property Features

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 907-9541
  • Listing Agent: Brad Siegel, PLLC

Exterior Features

Exterior Information:

  • Waterfront: Canal
  • View: Garden, Golf Course

Virtual/3D Tour

  • Virtual Tour: 423 Magellan Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Landscaped, Near Marina, Near Public Transit, Room for pool
  • Lot Size: 0.26 Acres

School Info

Assigned Schools Information:

  • Southeast High School, Public District Grades 9-12
  • Florine J. Abel Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From US 41 turn onto Whitfield, head East on Magellan Drive. Follow road around Golf Course lot will be on your Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $272,500

HOA Fees:

  • Amount: $35
  • Frequency: Annually

Tax Information:

  • Annual Amount: $962
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$513.2K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

531

423 Magellan Dr vs Sarasota

215 DAYS ON ROCKET

+153 Days

$272,500

-$240.7K Less

KEY TAKEAWAY

This property is $240.7K less than the Median Sold Price in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4583762

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 907-9541
  • Listing Agent: Brad Siegel, PLLC

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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 Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/29/2024, 5:19:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 19, 2018Home Sold
$65,000
Mar 15, 2016Home Sold
$52,000
Dec 23, 2005Home Sold
$995,000
Aug 06, 2002Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2020$962$60,000
2018$810$54,000
2017$811$51,700

History based on county public records data.

Payment Calculator

$1,430

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$883

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3251517
5
/10
  • Florine J. Abel Elementary School

  • 7100 Madonna Pl

  • 0.89 miles

  • Public District Grades PK-5

High School

school-card-donut-3251518
2
/10
  • Southeast High School

  • 1200 37th Ave E

  • 3.57 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,505. The majority of Sarasota, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 423 Magellan Dr

What is the listing price of this property?

The listing price of 423 Magellan Dr property is $272,500.

What type of property is this?

The property 423 Magellan Dr is land located in Sarasota, Florida, 34243.

Is this property for sale now?

Active Listing: 423 Magellan Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 423 Magellan Dr are:
Florine J. Abel Elementary School: GreatSchools Rating 5/10
Southeast High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $962 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 19, 2018 for $65,000. (source: MLS/tax record).

How much acreage is this property?

The property 423 Magellan Dr is 0.26 acres.
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Rocket HomesFloridaManatee CountySarasota34243423 Magellan Dr

This home is located at 423 Magellan Dr in Sarasota, FL and zip code 34243 in the Whitfield neighborhood. This home sits on a 0.26 acre lot. It has been listed on Rocket Homes since September 27, 2023 and is currently priced at $272,500.

While more than 30 listings in Sarasota, FL in March 2024 were sold above asking price, there were more than 87 listings sold at asking price, and more than 414 were sold below. In March 2024 in Sarasota, FL there were 3.8% more homes for sale than in February 2024. While the average time on the market in March 2024 was 62 days, the median list price was $513,207.

From Rocket Homes Real Estate and based on county public records data.

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