1518 PELICAN POINT DRIVE 257 Sarasota, FL $ 525,000
1518 PELICAN POINT DRIVE 257
$ 525,000
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1518 PELICAN POINT DRIVE 257

Sarasota, FL, 34231
$ 525,000
Bedrooms2 Baths2.0 Sq 1,216

Monthly Estimate*

$ 3,626

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Condo for sale in Sarasota, FL

for $525,000 with 2 bedrooms and 2 full baths. This 1,216 square foot condo was built in 1976 on a lot size of 1.62.

Little Sarasota Bay, right outside your living room. This light-filled, second-floor, 2-bedroom, 2-bath condo in Pelican Cove captures unobstructed views of Little Sarasota Bay through huge glass sliders, bringing the beauty of the water into your everyday living space. The updated kitchen opens to the living and dining areas, creating an inviting space for entertaining while keeping those beautiful water views in sight. Both bathrooms have been updated, and built-in cabinetry in the laundry room provides valuable additional storage. The split-bedroom layout offers privacy and comfortable accommodations for owners and guests alike. Set along the Intracoastal Waterway, Pelican Cove is a 75-acre gated and guarded community surrounded by lush tropical landscaping and an impressive collection of amenities. Residents enjoy an 87-slip harbor with no fixed bridges to the Gulf, a kayak and canoe launch, six heated pools, three clubhouses, lighted tennis and pickleball courts, a fitness center, art studios, and more than five miles of scenic walking trails and boardwalks. The location is another standout. Just west of the Tamiami Trail, Pelican Cove is conveniently located near a revitalized shopping plaza bringing Whole Foods, the highly anticipated Trader Joe's, additional shopping and dining options to the area. Siesta Key and Turtle Beach are just minutes away, with downtown Sarasota a short drive north. Whether you're looking for a full-time residence, seasonal retreat, or easy lock-and-leave getaway, this is an opportunity to enjoy waterfront living in one of Sarasota's most established and amenity-rich communities.

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Condo Active

Price

$ 525,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 4,916

Style

Condominium

Lot Size

1.62

Year Built

1976

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4709476

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected
Roof Other
Appliances Dishwasher Dryer Ice Maker Microwave Range Refrigerator
Zoning RMF3
HOA Fee 842
Garage Spaces 0
Association Fee Includes 24-Hour Guard Cable TV Community Pool Fidelity Bond Insurance Maintenance Structure Maintenance Grounds Pool Maintenance Private Road Recreational Facilities Security Sewer
Patio/Porch Features Rear Porch Screened
Construction Materials Concrete
Pets Allowed Yes
Year Built 1976
View Water
Levels One
Unit Number 257
Property Subtype Condominium
Tax Year 2025
Ownership Condominium
Waterfront Features Bay/Harbor Front Waterfront
Community Features Bay/Harbor Front Boat Slip Dock Fishing Water Access Waterfront Association Recreation - Owned Buyer Approval Required Clubhouse Deed Restrictions Fitness Center Gated Community - Guard Golf Carts OK Irrigation-Reclaimed Water No Truck/RV/Motorcycle Parking Playground Pool
Assoc Fee Paid Per Monthly
County Sarasota
New Construction false
Property Type Residential
Association Amenities Basketball Court Barbecue Clubhouse Pickleball Court(s) Pool Recreation Facilities RV/Boat Storage Tennis Court(s)
Subdivision Name PELICAN COVE IV
Facing Direction West
Garage Y/N false
Total Rooms 7
Full Baths 2
Status Active
Directions Driving Directions (from I-75): I-75 to Exit 205 Clark Rd (SR-72) West on Clark Rd approx. 2.5 mi Left (south) on S Beneva Rd approx. 2.5 mi Continue straight across US-41 (Tamiami Trail) into Pelican Cove (gated guard entrance) Follow Pelican Cove Rd to Pelican Point Dr Building 6 Unit 257 (2nd floor) Approx. 6 mi / 17 min from I-75
High School Riverview High
City SARASOTA
Body of Water LITTLE SARASOTA BAY
Association Name Pelican Cove Condominium Association Cindy Webster
Senior Community Y/N true
MLS Area 34231 - Sarasota/Gulf Gate Branch
Lot Size Units Acres
Lot Size Square Feet 70378
Carport Spaces 0
Carport Y/N true
Listing Terms Cash Conventional FHA VA Loan
Elementary School Gulf Gate Elementary
Land Lease Y/N false
Tax Annual Amount 4916.8
Middle/Junior High School Brookside Middle
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://iframe.videodelivery.net/3c05cd6e6c83c7214a368bf8f0d1fb6b https://listings.showcasemedia.us/1518-Pelican-Point-Dr
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot BA257
Legal Description UNIT 257 BLDG 6 PELICAN COVE IV
Water View Bay/Harbor - Full
Water Access Type Bay/Harbor
Pet Size Limit Large (61-100 Lbs.)
Minimum Lease 2 Months
Water Access Y/N true
Monthly HOA Amount 842
HOA Monthly Maintenance 0
Water View Y/N true
Flood Zone Code AE & X
In Law Suite YN false
Flood Zone Code X Y
DockY/N false
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Interior
Interior Amenities Beamed Ceilings High Ceilings Open Floorplan
Flooring Tile
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Window Treatments
Fireplace Y/N false
Half Baths 0
Laundry Features Inside Laundry Closet Same Floor As Condo Unit
Total Bedrooms 2
Total Baths 2
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Exterior
Exterior Amenities Sliding Doors
Water Source Public
Lot Size Area 1.6157
Foundation Details Slab
Building Area Total 1461
Lot Size Acres 1.62
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Coldwell Banker Realty

Broker

ashley.wallace@cbrealty.com

Email

Affordability Calculator

$4,036
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,626
Monthly Property Taxes
$410
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/23/2026$525,000 Listed Price

Map


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1518 PELICAN POINT DRIVE 257, Sarasota, FL, 34231 is a Condo for sale at $525,000 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