1518 PELICAN POINT DRIVE 257 Sarasota, FL $ 537,000
1518 PELICAN POINT DRIVE 257
$ 537,000
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1518 PELICAN POINT DRIVE 257

Sarasota, FL, 34231
$ 537,000
Bedrooms2 Baths2.0 Sq 1,216

Monthly Estimate*

$ 3,306

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Condo for sale in Sarasota, FL

for $537,000 with 2 bedrooms and 2 full baths. This 1,216 square foot condo was built in 1976 on a lot size of 1.62.

Discover one of Sarasota’s most desirable waterfront condos! It’s in great shape, with no hurricane damage. This stunning second-floor condo in Pelican Cove offers breathtaking views of Little Sarasota Bay. Imagine floor-to-ceiling glass sliders in the living room and main bedroom, along with electronic Hunter Douglas blinds, a new laundry area, and two refreshed bathrooms. Plus, you’ll have plenty of closet space and a separate, locked storage area in the carport, perfect for golf bags and at least two bikes. The kitchen has also been updated with contemporary cabinets, marble countertops, and stainless steel European Smeg appliances. The living areas feature beautiful travertine floor tiles, and the bedrooms have newer carpet. You’ll also find a new A/C system and a new hot water tank. This special home is located west of the trail but just a few minutes away, giving you easy access to all the shopping, dining, and exploring Sarasota has to offer. About Pelican Cove: It’s a lovely marina with six heated pools, a hot tub, an exercise room, tennis and pickleball courts, and clubs. You’ll love kayaking and biking here! Pelican Cove is a tropical paradise in Sarasota, a nature lover’s dream! You’ll find beautiful and expansive walking paths on exquisite grounds. Pelican Cove is also a nature conservancy and a bird sanctuary. And the view from this condo, across Little Sarasota Bay, includes a host of bird rookery islands. You can even take classes at Pelican Cove University or in yoga, tai chi, water aerobics, painting, or photography. There are over 37 clubs for photography, fiber arts, cycling, culinary arts, bridge, film, and more. Or, simply relax at the evening jazz and classical music concerts, including those held on the harbor. Located on the lush grounds of the former Wilbanks Estate, Pelican Cove is hidden away yet just minutes from everything! Come see for yourself—this is the lifestyle you deserve! Recent updates include a new refrigerator, hot water heater, laundry closet, storm and exterior door, electrical panel, and a new kitchen window.

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Condo Active

Price

$ 537,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 5,555

Style

Condominium

Lot Size

1.62

Year Built

1976

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4671837

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities BB/HS Internet Available Cable Available Fire Hydrant Sewer Connected Street Lights Water Connected
Roof Shingle
Appliances Dishwasher Dryer Electric Water Heater Microwave Range Refrigerator Washer
Zoning RMF3
HOA Fee 842
Association Fee Includes Cable TV Common Area Taxes Community Pool Escrow Reserves Fund Fidelity Bond Insurance Maintenance Structure Maintenance Grounds Maintenance Repairs Manager Pest Control Pool Maintenance Private Road Recreational Facilities Security Sewer Trash Water
Patio/Porch Features Covered Enclosed Rear Porch Screened
Security Features Smoke Detector(s)
Construction Materials Wood Frame
Pets Allowed Yes
Year Built 1976
View Water
Levels One
Unit Number 257
Property Subtype Condominium
Tax Year 2024
Ownership Fee Simple
Waterfront Features Waterfront Bay/Harbor Intracoastal Waterway
Community Features Dock Fishing Intracoastal Waterway Water Access Waterfront Association Recreation - Owned Buyer Approval Required Community Mailbox Deed Restrictions Fitness Center Gated Community - Guard Irrigation-Reclaimed Water No Truck/RV/Motorcycle Parking Pool Tennis Court(s)
Assoc Fee Paid Per Monthly
County Sarasota
New Construction false
Property Type Residential
Association Amenities Clubhouse Fitness Center Gated Maintenance Pickleball Court(s) Pool Spa/Hot Tub Storage Tennis Court(s) Trail(s) Vehicle Restrictions
Subdivision Name PELICAN COVE IV
Facing Direction Southeast
Garage Y/N false
Total Rooms 9
Full Baths 2
Status Active
Directions West on Vamo Rd right into Pelican Cove. Continue straight until right at Pelican Point Dr. Building on left.
High School Riverview High
City SARASOTA
Body of Water SARASOTA BAY INTRACOASTAL
Association Name Cindy
Senior Community Y/N false
MLS Area 34231 - Sarasota/Gulf Gate Branch
Lot Size Units Acres
Lot Size Square Feet 70378
Carport Spaces 1
Carport Y/N true
Listing Terms Cash Conventional
Elementary School Gulf Gate Elementary
Land Lease Y/N false
Tax Annual Amount 5555.56
Home Warranty Y/N false
Middle/Junior High School Brookside Middle
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://pix360.com/phototour3/41076/
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 0
Legal Description UNIT 257 BLDG 6 PELICAN COVE IV
Water View Bay/Harbor - Full Intracoastal Waterway
Water Access Type Bay/Harbor Creek Gulf/Ocean Intracoastal Waterway Marina
Pet Size Limit Extra Large (101+ Lbs.)
Minimum Lease 2 Months
Water Access Y/N true
Monthly HOA Amount 842
HOA Monthly Maintenance 0
Additional Rooms Storage Rooms
Water View Y/N true
Flood Zone Code AE
DockY/N true
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Interior
Interior Amenities High Ceilings Living Room/Dining Room Combo Open Floorplan Solid Surface Counters Vaulted Ceiling(s) Walk-In Closet(s) Window Treatments
Flooring Brick/Stone Carpet
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Laundry Closet
Total Bedrooms 2
Total Baths 2
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Exterior
Exterior Amenities Dog Run Irrigation System Lighting Sliding Doors Tennis Court(s)
Vegetation Mature Landscaping Trees/Landscaped Wooded
Parking Features Assigned Covered Guest
Lot Features Cleared FloodZone In County Landscaped
Water Source Public Well
Lot Size Area 1.6157
Foundation Details Slab
Building Area Total 1490
Lot Size Acres 1.62
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N true
Covered Spaces 1
Road Frontage Type Private Road
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* Excluded Features
List By
Coldwell Banker Realty

Broker

babette.paige@floridamoves.com

Email

Affordability Calculator

$3,769
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,306
Monthly Property Taxes
$463
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Riverview High High School High School
Pricing History
DatePricePrice ChangeDescription
3/14/2026$537,000 -3.94% Price Down
2/10/2026$559,000 Listed Price

Map


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1518 PELICAN POINT DRIVE 257, Sarasota, FL, 34231 is a Condo for sale at $537,000 with 1,216 sqft and a lot size of 1.62. 1518 PELICAN POINT DRIVE 257 has 2 bedrooms, 2.0 baths, and was built in 1976. The property's zip code is 34231 which is in Sarasota, FL