$529,800
1515 Pelican Point Drive
Sarasota, FL 34231
Listing updated: May 18, 2026 at 11:04 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Attention Buyers — This is the one! A rare FIRST-FLOOR condo in Pelican Cove with direct Bay Views and unbeatable indoor/outdoor living. Step into your new 2-bedroom, 2-bath home featuring an open floor plan that flows seamlessly from the kitchen through the dining and living areas straight out to your private waterfront deck. Both bathrooms offer walk-in showers, and the condo is being sold fully furnished, making your move effortless. This residence is vacant and easy to show, and the moment you walk in, the water views will grab your attention. Sit outside and enjoy boats passing by throughout the day and spectacular sunsets in the evening. It’s the perfect blend of comfort, convenience, and coastal beauty. Pelican Cove located in South Sarasota west of the trail. This community is over 80 acres in a lush gated tropical setting! Your new condominium is on the FIRST floor. Lots of natural light pours into your home. The setting at the back of the condo is a tropical paradise and it’s also private. Open floor with many upgrades throughout your home! Condo will be sold furnished and very easy to show! Pelican Cove is a 75-acre, gated, vibrant-waterfront community nestled among manicured tropical foliage. Truly offering something for everyone. Abundant amenities include the 86-slip boat harbor with excellent rates & a launch dock for kayaks and canoes, 6 heated swimming pools, hot-tub, 3 clubhouses, lighted tennis/pickleball courts, basketball, dog walk area, walking trails and boardwalks, as well as fishing gazebos, water exercise classes, exercise facility, 2 art studios and a pottery classroom. Take classes at Pelican Cove University or join one of the more than 37 clubs for photography, fiber art, bike riding, culinary arts and card clubs. Woodworking, sculpting, and evening jazz & classical music concerts round out the active lifestyle. Come and see what you have been waiting for.
Local Insight
At $387/sqft for a waterfront unit built in 1978, you're getting decent pricing for Sarasota's market, but that age means you should budget for potential HVAC and plumbing updates soon—get a solid inspection. The 3.79-acre lot is unusually generous for a condo and puts you in X flood zone (lowest risk), which helps with insurance, though the $842 monthly HOA is on the higher side and worth verifying what's actually covered, especially for building maintenance on a 45-year-old structure.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history4 days on market
- Status: ActiveMay 14, 2026
- Listed$529,800May 14, 2026
- Price increased$529,800
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 4
- Subdivision
- Pelican Cove Vii
- County
- Sarasota
- Year built
- 1978
- Living area
- 1,368 sq ft
- Price/sq ft
- $387
- Building area
- 1,718 sq ft (Public Records)
- Lot size
- 165,091 sq ft
- Flood zone
- X
- Annual taxes
- $4,649 (2025)
- Parcel #
- 0126112021
- Zoning
- RMF3
- MLS #
- A4692882
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Ceramic Tile
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Interior features
- Living Room/Dining Room Combo, Primary Bedroom Main Floor
- Laundry
- Inside
- Stories / Levels
- One
- Direction faces
- Northwest
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Carport
- Yes
HOA & Financial
- HOA fee
- $842 / Monthly
- Monthly HOA
- $842/mo
- Total monthly fees
- $842/mo
- Total annual fees
- $10,104
- HOA name
- Cindy Webster
- CDD
- No
- Min lease term
- 2 Months
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Tenants are not allowed pets
- Approval process
- Application
Exterior & Construction
- Exterior features
- Basketball Court, Dog Run, Lighting, Outdoor Shower, Rain Gutters, Storage, Tennis Court(s)
- Construction materials
- Block, Stucco, Frame
- Roof
- Shingle
- Foundation
- Slab
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Electricity Connected, Sewer Connected
Community
- Pets allowed
- Cats OK, Dogs OK
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | 15x12 |
| Bedroom 2 | First | 11x10 |
| Dining Room | First | 11x13 |
| Kitchen | First | 14x9 |
| Living Room | First | 20x14 |
| Balcony/Porch/Lanai | First | 8x23 |
Listing Details
- Listing date
- 2026-05-13
- On market date
- 2026-05-14
- Original list price
- $529,800
- Occupant type
- Vacant
- MLS area
- 34231 - Sarasota/Gulf Gate Branch
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-05-14
- Tax legal description
- UNIT 185 BLDG 9 PELICAN COVE SEC 7
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From US41, West onto Vamo. Pelican Cove entrance is on your right.
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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.
Based on information submitted to the MLS GRID as of May 18, 2026 at 11:04 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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