1515 Pelican Point Drive, FL1515 Pelican Point Drive, FL1515 Pelican Point Drive, FL
Stellar MLS
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$529,800

1515 Pelican Point Drive

Sarasota, FL 34231

Listing updated: May 18, 2026 at 11:04 AM ET

Active
Stellar MLSListing courtesy of Deluca Realty Inc · Anthony DeLuca · MLS #A4692882 · Active · 941-487-7162
2
Beds
2
Baths
1,368
Sq Ft
3.79
Acres
1978
Built
WaterfrontWater access3.79 acres$387/sqft360° tour
Condominium

Property type

1978

Year built

165,091 sqft

Lot size

$387

Price / sq ft

$842/mo

HOA dues

4

Days on market

X

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

Principal & interest$2,679
Property taxes$387
Home insurance (est.)$243
HOA dues$842

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

  1. Status: Active
    May 14, 2026
  2. Listed$529,800
    May 14, 2026
  3. 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

RoomLevelDimensions
Primary BedroomFirst15x12
Bedroom 2First11x10
Dining RoomFirst11x13
KitchenFirst14x9
Living RoomFirst20x14
Balcony/Porch/LanaiFirst8x23

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 riskFEMA Zone X

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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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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