246 MAGELLAN DRIVE, SARASOTA, FL, 34243
Active2 days on marketListed Sep 20, 2026MLS #A4706012
About this home
246 MAGELLAN DRIVE
4 bed/2 bath home with an open-concept kitchen, dining and living area with new Whirlpool appliances and quartz countertops. LVP flooring throughout. The converted garage offers flexibility for a bedroom, office, gym, or a mother in law suite with full bath and kitchenette. Master bedroom features barn doors and modern updates. Tankless water heater. Screened lanai and large fenced yard. Minutes from Lido Beach, Anna Maria Island, and downtown Sarasota. Home needs some work including new roof and water damage.
Facts & features
The home at a glance
4
Bedrooms
2
Bathrooms
2,020
Sqft
0.24 ac
Lot size
1952
Year built
One
Levels
$178
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,886 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,886/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−1.3%
$/sqft vs Sarasota actives
$178 vs $352
Days on market
2 vs 63 typical
Where $178/sqft sits among the 400 Sarasota actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Sarasota
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
SARASOTA 34243 — neighborhood snapshot
Population
31,773
Median age
51.4
Median income
$79,799
Median home value
$395,000
Avg household
2.26
Households w/ children
2,313
For the school run
Manatee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sarasota market
$475K → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
204 of 400
Sarasota actives have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 11% above the SARASOTA 34243 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 246 MAGELLAN DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$610,000
7225 WILLOW STREET · same community
3 bd · 3 ba · 2,202 sqft · $277/sqft · 27 DOM
Sold · Oct ’25$575,000
504 WHITFIELD AVENUE · same community
3 bd · 2.5 ba · 2,223 sqft · $259/sqft · 163 DOM
Sold · Sep ’26$480,000
426 WHITFIELD AVENUE · same community
3 bd · 2 ba · 1,811 sqft · $265/sqft · 7 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Frederick Paige
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 246 MAGELLAN DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 246 MAGELLAN DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Frederick's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
246 MAGELLAN DRIVE FAQs
What would the monthly payment be for 246 MAGELLAN DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,886/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 246 MAGELLAN DRIVE?+
The most recent tax bill on record (2025) was $5,383. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Sarasota?+
At $359,900, this home is listed about 35% below the Sarasota median of $552,448. The market section on this page shows how the area is trending.
Which schools are assigned to 246 MAGELLAN DRIVE?+
Braden River High School (high), Braden River Middle School (middle), Robert Willis Elementary School (elementary) — Manatee County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$359,900 runs 11% above the SARASOTA 34243 median — but at 2,020 sqft it's also 21% larger than the typical Sarasota listing.
02Fresh on the market
Only 2 days on market in a Sarasota market that averages 63 — if it fits, move quickly.
03Strong assigned schools
Braden River High School, Braden River Middle School, Robert Willis Elementary School — Robert Willis Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of THE ORANGE REAL ESTATE GROUP · Adrian Alanis Arredondo. MLS #A4706012.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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