423 MAGELLAN DRIVE, SARASOTA, FL, 34243
Active0 days on marketListed Oct 22, 2026MLS #A4710564
About this home
423 MAGELLAN DRIVE
RARE OPPORTUNITY IN WHITFIELD ESTATES! Discover one of the few remaining vacant homesites in one of Sarasota's best-kept secrets! Offered at just $189,000, this unique property presents an exceptional opportunity to create your own piece of paradise in the highly desirable Whitfield Estates neighborhood. Perfectly positioned along the picturesque Sara Bay Country Club golf course, this distinctive homesite offers beautiful golf course views from the front and a peaceful, natural waterfront setting along the rear, where a tranquil creek winds through the neighborhood. Imagine enjoying your morning coffee overlooking the greens, spending an afternoon kayaking or paddleboarding along the waterway, or simply embracing the natural beauty of Old Florida living. Surrounded by established homes, mature landscaping, and the charm that makes Whitfield Estates so special, this property offers a rare chance to build in a neighborhood where vacant land is nearly impossible to find. Whether you're envisioning a custom Florida retreat, a seasonal getaway, or an investment opportunity, the possibilities are worth exploring! Located in Whitfield Estates, one of Sarasota's hidden gems, residents enjoy NO mandatory HOA fees or CDD fees, along with flexible rental opportunities, including nightly rentals, subject to applicable regulations. Optional membership in the Whitfield Ballentine Manor Association is just $40 annually and includes culinary membership privileges at the prestigious Sara Bay Country Club, currently undergoing an exciting renovation with plans to reopen in 2027. Boating enthusiasts will appreciate nearby SaraBay Marina, offering convenient access to boat slips and dry storage. Ideally situated just minutes from Sarasota Bay, SRQ International Airport, downtown Sarasota, IMG Academy, world-famous Gulf beaches, championship golf, waterfront dining, shopping, and entertainment. Opportunities like this are few and far between! Don't miss your chance to secure one of the last remaining vacant homesites in Whitfield Estates and bring your vision of Florida living to life!
Facts & features
The home at a glance
0.26 ac
Lot size
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.
$1,708 /mo · 3.5% down FHA, 30-yr fixed at 7.5%
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
$1,708/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.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
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)
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 42% below the SARASOTA 34243 median. See the full Sarasota market guide →
Paper trail
This home's history
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
Gianfranco Di Flumeri
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 423 MAGELLAN DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 423 MAGELLAN DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Gianfranco's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
423 MAGELLAN DRIVE FAQs
What would the monthly payment be for 423 MAGELLAN DRIVE?+
With 3.5% down on a 30-year FHA loan at 7.5%, the all-in payment lands around $1,708/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 423 MAGELLAN DRIVE?+
The most recent tax bill on record (2025) was $2,008. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 423 MAGELLAN DRIVE?+
The listing reports pets: Cats OK, Dogs OK, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Sarasota?+
At $189,000, this home is listed about 66% below the Sarasota median of $550,000. The market section on this page shows how the area is trending.
Which schools are assigned to 423 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
Four things that matter here
01Under the SARASOTA 34243 market on paper
$189,000 is 42% below the SARASOTA 34243 median of $324,990.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Fresh on the market
Listed today in a Sarasota market that averages 75 — if it fits, move quickly.
04Strong 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.
Listing courtesy of SARABAY REAL ESTATE INC · Jessie Bonner. MLS #A4710564.
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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