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Overview

3 bd2 ba1,494 sqftSingle Family
TypeSingle Family
HOANone listed
Built1950
Lot10,200 sqft
Living area1,494 sqft
Price / sqft$321

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Eat-in KitchenThermostatRain GuttersDryerRangeRefrigeratorWasher

2415 Pelican Dr is a 1950-built home in Terrace Gardens, Sarasota. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,494 square feet of living space. Listed at $480,000 (about $321/sqft), 332 days on market. Flood zone x500 - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Charming 1950s Florida Ranch-Style Home with Separate One-Bedroom Apartment in Sought-After Terrace Gardens! Don’t miss this rare opportunity to own a classic mid-century Florida ranch home in the desirable Terrace Gardens community. Situated on an expansive corner lot, this single-family residence offers exceptional flexibility, income potential, and future development possibilities. The main home features 2 bedrooms and 1 bath, showcasing original wood floors in the bedrooms, generously sized closets, and a delightful lanai-style sitting room perfect for relaxing. A beautifully carved-out one-bedroom, one-bath apartment provides a private space ideal for guests, extended family, or rental income—both units are currently rented. Whether you're looking to generate income immediately or envision building your dream home in a neighborhood filled with new construction, this property offers endless possibilities. Enjoy the unbeatable location: bike the nearby Legacy Trail, explore downtown’s vibrant restaurants and cultural scene, play at Payne Park, or spend the day at the beach—all just minutes away.

The essentials

Built
1950
Price / sqft
$321
On market
423 days
Annual tax
$4,460
Flood zone
X500 · Low risk
Lot
10,200 sqft
Type
Single Family Residence

At a glance

Single family
Built 1950
10,200 sqft lot
Lot size
1,494 sqft
Living area

Payment

Est. monthly payment
$3,115/mo
Down payment (20%)
$96,000
Property taxes
$372/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1950
Lot
10,200 sqft
Cooling
Central Air
Heating
Electric
Parking
-
Days on Market
423
Eat-in Kitchen
Thermostat
Rain Gutters
Dryer
Range
Refrigerator
Washer
Elementary
Alta Vista Elementary
Middle
Booker Middle
High
Sarasota High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone x500
Annual Tax (2024)
$4,460
Parcel #
2029100071

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Terrace Gardens
County
Sarasota
MLS Area
34237 - Sarasota
Lot Size
10,200 sqft

Price history

Date
Event
Price
5/18/2026
Price change
Source: Stellar MLS #A4659633
$480,000-7.5%
$321/sqft
-
Price change
Source: Stellar MLS #A4659633
$519,000-13.2%
$347/sqft
8/12/2025
Listed for sale
Source: Stellar MLS #A4659633
$598,000
$400/sqft

Neighborhood

2415 Pelican Dr
Sarasota, FL, 34237 · 34237 - Sarasota

Market insights

Offer Insights

Choose an offer strength

List price: $480,000
$467,500 – $480,000
97.1% – 100% of listTops out right at the list price
80% of listList price
30 of the last 58 home closings in 34237 landed at this number or higher (52%). The median one sat 46 days before it went under contract, and this one is on day 423 after a $118,000 cut.

Sample: 58 closed home sales in 34237 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$3,115/mo
Principal & interest$2,503
Property taxes$372
Insurance$240
Down payment20% · $96,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$480,000

$321 per sq ft

Beds and baths

3 beds, 2 baths

Size

1,494 sq ft

Time on market

423 days

Year built

1950

Monthly payment

About $3,115/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,460 annual tax bill, insurance.

Flood zone

Zone X500

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byCOLDWELL BANKER REALTYListing agent: Ingrid CarusoListing data from Stellar MLS, MLS# A4659633.

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