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1518 PELICAN POINT DRIVE UNIT 257

Condo/Co-op For Sale
$525,000

BTC: 6.60377358

ETH: 215.87171053

2 days
2 bds
2 ba
1,216 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1976
Lot:
1.62 Acres
Heating:
Electric
Price/sqft:
$432
Cooling:
Central Air
HOA:
$842

Valuation

Our model vs. what's actually selling nearby.
Estimate
$525,000
$415K – $875K
Confidence Low
List vs. estimate
At estimate
List $525,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$431
+8.5% vs. city median $397
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,916
2025
HOA
$842/mo
24-Hour Guard, Cable TV, Community Pool
View
Water
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Ice Maker

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Beamed Ceilings

    • High Ceilings

    • Open Floorplan

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Sliding Doors

    Lot

    • Lot: 1.62 Acres

    Other Property Information

    • Parcel Number: 0126102019

    • Zoning: RMF3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $842

    • HOA Frequency: Monthly

    • Annual tax amount: $4,917

  • Source details

    • MLS ID: A4709476

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Closet / Same Floor As Condo Unit

    • Patio And Porch Features: Rear Porch / Screened

    • Window Features: Blinds / Window Treatments

    • Direction Faces: West

    • Water Body Name: LITTLE SARASOTA BAY

    • Living Area: 1216

    • Water Source: Public

    • Subdivision Name: PELICAN COVE IV

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER REALTY