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$845,000

Listing Price

3beds

3baths

2,400sqft

27,181sqft lot

502 Magellan Dr, Sarasota, FL 34243

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

352.08

Price / sqft

1964

Year built

Home Details

Modern Luxury Meets Golf Course Living at Sara Bay on a 0.73 acre secluded lot.nWelcome to a masterpiece of modern luxury at 502 Magellan Drive, perfectly positioned on one of the premier homesites of the historic Sara Bay Golf Course. This classic concrete-block residence has been completely transformed into a sleek, contemporary palace featuring high ceilings and expansive windows that flood the home with natural light. The open-concept design flows seamlessly into a massive master retreat complete with an elegant sitting area and golf course vistas. On cooler evenings, cozy up by the living room's chic wood-burning fireplace. Step through the sliding doors to find your private paradise: an extraordinary 80-foot covered back porch, perfect for seamless indoor-outdoor hosting. This grand veranda looks out over a pristine fenced pool, a dedicated fenced dog run, and panoramic, unobstructed fairways. With three bedrooms plus a flexible office/den, this home is complete with a two-car garage and a dedicated golf cart spot. With no rental restrictions this property is an excellent choice for investors wishing to Air BnB or VRBO. Beyond the fairways, enjoy unparalleled coastal convenience. You are located just 10 minutes from the vibrant dining, shopping, and cultural arts of Downtown Sarasota, and less than 20 minutes from the world-famous quartz sands of Lido Key and Siesta Key beaches. Enjoy ultimate freedom with no HOA fees in one of Sarasota's most coveted locations. 5 minut

Interior Details

Square Feet
  • 2400

Bedrooms
  • 3

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    Basement (unspecified)

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 27181

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    6

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Stucco

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$3,177

$0

$0

--%

$218,475

2019

$3,114

$0

$0

--%

$213,563

2017

$2,856

$0

$0

--%

$209,581

2017

$2,856

$0

$0

--%

$205,270

2016

$2,837

$0

$0

--%

$201,048

2014

$2,850

$0

$0

--%

$198,065

2013

$2,808

$0

$0

--%

$195,138

2012

$2,758

$0

$0

--%

$191,876

percent-home-icon

Average Home Price in 34243

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$488,223

3 Beds

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Sold 08/11/2026

$620,813

4 Beds

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2,535 Sqft

12,273 Lot (sqft)

Sold 07/22/2026

$845,000

3 Beds

3 Baths

2,400 Sqft

27,181 Lot (sqft)

Sold 10/26/2026

$471,546

3 Beds

2 Baths

2,076 Sqft

7,000 Lot (sqft)

Sold NaN/NaN/NaN

$419,000

4 Beds

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7,640 Lot (sqft)

Sold 10/27/2026

$590,605

2 Beds

3 Baths

2,539 Sqft

16,000 Lot (sqft)

Sold NaN/NaN/NaN

$590,000

4 Beds

2.5 Baths

2,425 Sqft

18,750 Lot (sqft)

Sold 10/27/2026

$504,256

5 Beds

2.5 Baths

2,151 Sqft

12,705 Lot (sqft)

Sold 10/27/2026

$610,000

4 Beds

4 Baths

2,479 Sqft

21,487 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
845,000
$
Down payment
169,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
5,070
$
HOA (Monthly)
0
$
PMI
0
$
$5,470
Your Payment
Total Monthly Payment:$5,470
Percent of Income:94%
Affordable:No

Details for 502 MAGELLAN DR

Property Debt

Foreclosure Contact Details