$525,000
Active1518 Pelican Point Dr #257, Sarasota, FL 34231
2 beds Β· 2 baths Β· 1,216 sq ft
Listing courtesy of COLDWELL BANKER REALTY Β· MLS# A4709476
Listed today
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this home
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.
Facts
- Property type
- Condominium
- Year built
- 1976
- Living area
- 1,216 sqft
- Lot size
- 1.62 acres
- Water access
- Bay/Harbor
- Water view
- Yes
- Private pool
- No
- Exposure
- West
- Furnished
- Unfurnished
- Flood zone
- AE & X
- CDD
- No
- 55+ community
- Yes
- Annual taxes
- $4,917/yr
- Monthly fees
- $842/mo
- Listed
- Oct 22, 2026
- MLS #
- A4709476
Virtual tour
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty β not a loan offerStarting figures for 1518 PELICAN POINT DR #257. 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 β 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 β 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 β your down payment is 20% or more.
Estimated total monthly payment
$4,344
$2,655 of that is principal & interest. 39% is taxes, insurance and fees β which is why those inputs matter more here than the rate does.
- Principal & interest
- $2,655
- Property taxes
- $410
- Homeowners insurance
- $438
- Flood insurance
- $0
- HOA / condo fees
- $842
- Mortgage insurance (PMI)
- $0
- Total per month
- $4,344
Over the life of the loan
- Loan amount
- $420,000
- Down payment
- $105,000
- Total interest
- $535,687
- Principal + interest paid
- $955,687
- 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 β 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
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1518 Pelican Point Dr #257, Sarasota, FL 34231
Listing courtesy of COLDWELL BANKER REALTY Β· MLS# A4709476 Β· Active
Where this home is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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