1515 Pelican Point Dr #BA185, photo 1
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Overview

2 bd2 ba1,368 sqftCondominium
TypeCondominium
HOA$842/mo
Built1978
Lot165,091 sqft
Living area1,368 sqft
Price / sqft$387

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

About this home

Living Room/Dining Room ComboPrimary Bedroom Main FloorBasketball CourtDog RunLightingOutdoor ShowerRain GuttersStorage

1515 Pelican Point Dr #BA185 is a 1978-built home in Pelican Cove VII, Sarasota. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,368 square feet of living space. Listed at $529,800 (about $387/sqft), 152 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $842 monthly.

From the listing

Attention Buyers — This is the one! A rare FIRST-FLOOR condo in Pelican Cove with direct Bay Views and unbeatable indoor/outdoor living. Step into your new 2-bedroom, 2-bath home featuring an open floor plan that flows seamlessly from the kitchen through the dining and living areas straight out to your private waterfront deck. Both bathrooms offer walk-in showers, and the condo is being sold fully furnished, making your move effortless. This residence is vacant and easy to show, and the moment you walk in, the water views will grab your attention. Sit outside and enjoy boats passing by throughout the day and spectacular sunsets in the evening. It’s the perfect blend of comfort, convenience, and coastal beauty. Pelican Cove located in South Sarasota west of the trail. This community is over 80 acres in a lush gated tropical setting! Your new condominium is on the FIRST floor. Lots of natural light pours into your home. The setting at the back of the condo is a tropical paradise and it’s also private. Open floor with many upgrades throughout your home! Condo will be sold furnished and very easy to show! Pelican Cove is a 75-acre, gated, vibrant-waterfront community nestled among manicured tropical foliage. Truly offering something for everyone. Abundant amenities include the 86-slip boat harbor with excellent rates & a launch dock for kayaks and canoes, 6 heated swimming pools, hot-tub, 3 clubhouses, lighted tennis/pickleball courts, basketball, dog walk area, walking trails and boardwalks, as well as fishing gazebos, water exercise classes, exercise facility, 2 art studios and a pottery classroom. Take classes at Pelican Cove University or join one of the more than 37 clubs for photography, fiber art, bike riding, culinary arts and card clubs. Woodworking, sculpting, and evening jazz & classical music concerts round out the active lifestyle. Come and see what you have been waiting for.

The essentials

Built
1978
Price / sqft
$387
On market
152 days
Annual tax
$4,649
HOA
$842/mo
Flood zone
X · Low risk
Lot
165,091 sqft
Type
Condominium

At a glance

Condo
Built 1978
Waterfront
Bay/Harbor
Community pool
Fitness center too
1,368 sqft
Living area

Payment

Est. monthly payment
$4,257/mo
Down payment (20%)
$105,960
Property taxes
$387/mo
HOA
$842/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1978
Lot
165,091 sqft
Cooling
Central Air
Heating
Central
Parking
-
Waterfront
Bay/Harbor, Canal - Saltwater, Intracoastal Waterway
Days on Market
152
Living Room/Dining Room Combo
Primary Bedroom Main Floor
Basketball Court
Dog Run
Lighting
Outdoor Shower
Rain Gutters
Storage
Tennis Court(s)
Association Recreation - Owned
Buyer Approval Required
Clubhouse
Deed Restrictions
Dog Park
Fitness Center
Gated Community - Guard
Irrigation-reclaimed Water
No Truck/Rv/Motorcycle Parking
Pool
Sidewalks
Dishwasher
Disposal
Dryer
Microwave
Range
Refrigerator
Washer
Flood Zone X
Annual Tax (2025)
$4,649
Parcel #
0126112021

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
Pelican Cove VII
County
Sarasota
MLS Area
34231 - Sarasota/Gulf Gate Branch
Lot Size
165,091 sqft
HOA
$842/mo
Cindy Webster

Price history

Date
Event
Price
5/13/2026
Listed for sale
Source: Stellar MLS #A4692882
$529,800
$387/sqft

Neighborhood

1515 Pelican Point Dr #BA185
Sarasota, FL, 34231 · 34231 - Sarasota/Gulf Gate Branch

Market insights

Offer Insights

Choose an offer strength

List price: $529,800
$505,000 – $529,800
95.7% – 100% of listTops out right at the list price
80% of listList price
36 of the last 70 condo closings in 34231 landed at this number or higher (51%). The median one sat 93 days before it went under contract, and this one is on day 152.

Sample: 70 closed condo sales in 34231 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$4,257/mo
Principal & interest$2,763
Property taxes$387
Insurance$265
HOA$842
Down payment20% · $105,960
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%. HOA includes any condo dues reported on the listing. 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

$529,800

$387 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,368 sq ft

Time on market

152 days

Year built

1978

Monthly payment

About $4,257/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,649 annual tax bill, insurance, and the $842/mo HOA fee.

HOA fee

$842/mo

Managed by Cindy Webster.

Flood zone

Zone X

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 byDELUCA REALTY INCListing agent: Anthony DeLucaListing data from Stellar MLS, MLS# A4692882.

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