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Lasbury Tracy Realty Inc
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$390,000

Active

1508 Pelican Cove Rd #235, Sarasota, FL 34231

3 beds · 2 baths · 1,301 sq ft

Listing courtesy of COLDWELL BANKER SARASOTA CENT. · MLS# A4712371

Listed today

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this home

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.

Facts

Property type
Condominium
Year built
1980
Bathrooms
2 full
Living area
1,301 sqft
Private pool
No
Exposure
West
Furnished
Unfurnished
Flood zone
AE
CDD
No
55+ community
No
Annual taxes
$3,757/yr
Monthly fees
$887/mo
Listed
Nov 7, 2026
MLS #
A4712371

Estimate the monthly payment

Estimate by Lasbury Tracy Realty — not a loan offer

Starting figures for 1508 PELICAN COVE RD #235. Everything below is editable.

AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.

From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.

Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.

Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.

From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.

AssumptionNot applied — your down payment is 20% or more.

Estimated total monthly payment

$3,497

$1,972 of that is principal & interest. 44% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.

Principal & interest
$1,972
Property taxes
$313
Homeowners insurance
$325
Flood insurance
$0
HOA / condo fees
$887
Mortgage insurance (PMI)
$0
Total per month
$3,497

Over the life of the loan

Loan amount
$312,000
Down payment
$78,000
Total interest
$397,939
Principal + interest paid
$709,939
Paid off in
2056

Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.

Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.

Take a tour

Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

1508 Pelican Cove Rd #235, Sarasota, FL 34231

Listing courtesy of COLDWELL BANKER SARASOTA CENT. · MLS# A4712371 · Active

How would you like to see it?
Which day?
What time of day?

In person · Sun, Nov 8 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this home is

Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

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Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Nov 7, 2026, 5:42 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]