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Active - Condominium for sale

1518 PELICAN POINT DRIVE UNIT 257, Sarasota, FL

2 bds|2 bth|1,216 sqft

Facts & features

Condominium Property type
23 days on Beycome
1976 Year built
$432 Price/Sqft.
$842/mo HOA
70,378 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of COLDWELL BANKER REALTY as distributed by MLS GRID.

Listed by: Ashley Wallace • ashley.wallace@cbrealty.com • COLDWELL BANKER REALTY

Co-listed by: COLDWELL BANKER REALTY

Source: Stellar MLS as distributed by MLS GRID, MLS#: A4709476 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

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Affordability

$340,000$710,000
1%20%
0%90%
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Estimated monthly payment

$3,906/mo

  • Mortgage$2,655
  • Property tax$410
  • HOA fee
  • Homeowners insurance
Due at closing$417,375
Down payment held in escrow$105,000
Closing costs$7,875
beycome credit Est.$10,500

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Pelican Cove Iv

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$525,000 Listed price

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$10,500 Credit back

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