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1508 PELICAN COVE ROAD UNIT 235

Condo/Co-op Active With Contract
$390,000

BTC: 4.81481481

ETH: 159.24867293

31 days
Waterfront
3 bds
2 ba
1,301 sqft

Overview

Under contract-accepting backup offers. It's easy to enjoy the beauty of coastal waterfront living in Pelican Cove and this 3-bedroom end unit condo is centrally located within the complex. Everything in this condo is exquisitely done and no expense was spared with new flooring, new lighting, updated bathrooms, new kitchen with all new appliances, sink, lighting, counters and backsplash. Enjoy volume ceilings and the open floor plan that this three-bedroom unit provides. Pelican Cove is a magical place with lush landscaping that sits on gorgeous acres overlooking the Little Sarasota Bay. This is what Florida living is all about, stroll to the Pelican Point Observation deck, the bird sanctuary or the through the gardens. This community is a boaters dream with more than 87 boat harbor slips with each slip having water and electric. There are six heated pools to choose from, pickle ball, kayak and canoe launch and storage, gym, 4 lighted tennis courts, shuffleboard, basketball, 5 miles of amazing walking trails and Musical concerts. Pelican University offers classes and clubs for all including woodworking, photography, and clay sculpture, to name a few.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1980
Lot:
2.08 Acres
Heating:
Central
Price/sqft:
$300
Cooling:
Central Air
HOA:
$887

Valuation

Our model vs. what's actually selling nearby.
Estimate
$329,000
$210K – $387K
Confidence Low
List vs. estimate
$61K above estimate
List $390,000 · +18.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$299
-22.3% vs. city median $385
Based on
9 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,757
2025
HOA
$887/mo
Community Pool, Escrow Reserves Fund, Fidelity Bond
Pool
In Ground
Waterfront
Waterfront, Bay/Harbor
Pets
Number Limit
All facts and features
  • Flooring

    • Luxury Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Cathedral Ceiling(s)

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    • Wet Bar

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Basketball Court / Dog Run / Outdoor Shower / Storage / Tennis Court(s)

    Lot

    • Lot: 2.08 Acres

    Other Property Information

    • Parcel Number: 0126073017

    • Zoning: RMF3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Cable Available

  • Other financial information

    • HOA: $887

    • HOA Frequency: Monthly

    • Annual tax amount: $3,757

  • Source details

    • MLS ID: A4700514

    Other facts

    • Construction Materials: Stucco / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Laundry Closet

    • Pool Features: In Ground / Lap / Lighting / Tile

    • Direction Faces: West

    • Waterfront: Yes

    • Water Body Name: SARASOTA BAY

    • Living Area: 1301

    • Water Source: Public

    • Subdivision Name: PELICAN COVE XIII

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 SARASOTA CENT.