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1518 PELICAN POINT DRIVE 257

Sarasota, FL, 34231

Active

$537,000

2

Bedrooms

2

Bathrooms

1,216 sqft

Living Area

1976

Year Built

$842

HOA / Monthly

245

Days on Market

Dock & Water AccessMLS

WaterfrontBay/HarborIntracoastal Waterway

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

Discover one of Sarasota’s most desirable waterfront condos! This stunning second-floor condo in Pelican Cove offers breathtaking views of Little Sarasota Bay. Imagine floor-to-ceiling glass sliders in the living room and main bedroom, along with electronic Hunter Douglas blinds, a new laundry area, and two refreshed bathrooms. Plus, you’ll have plenty of closet space and a separate, locked storage area in the carport, perfect for golf bags and at least two bikes. The kitchen has also been updated with contemporary cabinets, marble countertops, and stainless steel European Smeg appliances. The living areas feature beautiful travertine floor tiles, and the bedrooms have newer carpet. The condo is located west of the trail but just a few minutes away, giving you easy access to all the shopping, dining, and exploring Sarasota has to offer. About Pelican Cove: Pelican Cove employs a 30-Year Pooled Cash Flow Funding Plan. The association conducts professional reserve studies annually. Notably, the recent financial reports indicate substantial allocations to separate operating, replacement, and insurance loss funds, safeguarding owners against substantial, unforeseen special assessments. It has a lovely marina, and six heated pools, a hot tub, an exercise room, tennis and pickleball courts, and clubs. You’ll love kayaking and biking here! Pelican Cove is a tropical paradise in Sarasota, a nature lover’s dream! You’ll find beautiful and expansive walking paths on exquisite grounds. Pelican Cove is also a nature conservancy and a bird sanctuary. And the view from this condo, across Little Sarasota Bay, includes a host of bird rookery islands. You can even take classes at Pelican Cove University or in yoga, tai chi, water aerobics, painting, or photography. There are over 37 clubs for photography, fiber arts, cycling, culinary arts, bridge, film, and more. Or, simply relax at the evening jazz and classical music concerts, including those held on the harbor. Located on the lush grounds of the former Wilbanks Estate, Pelican Cove is hidden away yet just minutes from everything! Come see for yourself—this is the lifestyle you deserve! Recent updates include a new refrigerator, hot water heater, laundry closet, storm and exterior door, electrical panel, and a new kitchen window.

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Location

Sarasota, FL, 34231

No price history available for this property.

Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]

Listing courtesy of COLDWELL BANKER REALTY via Stellar MLS

Last checked: July 25, 2026

Listing updated: July 21, 2026

© 2026 Stellar MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Stellar MLS. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

FEMA Flood Zone X

Minimal Flood Hazard

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20%

$107,400 down

%
Principal & Interest$2,786/mo
Property Tax (est. ~1.2%, varies by county)$537/mo
Home Insurance (est.)$250/mo
HOA Fees$842/mo
Total Monthly Payment$4,415
Loan Amount: $429,600Rate: 6.75%
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$537,000Tour the dockSchedule a Showing