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$384,500
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Property Description
Pelican Cove is a waterfront community located in South Sarasota. Your new condo is a first floor 2 bedroom 2 bathrooms, with a million dollar view. This is the perfect condominium to make it yours... design it the way you want. Priced right to sell! This will go quickly! 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/groups 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.
Full Property Details
Full Property Details for 1518 Pelican Point Dr #BA156
General
- Price: $384,500
- HOA FEE: $842/month
- Taxes: $4,251 (2025)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4678486
- Updated: 5/4/2026
- Added to Site: 114 day(s) ago
Rental Information
- Min. Lease: 2 Months
Interior
- Number of Rooms: 6
- Interior Features: High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: Basketball Court, Clubhouse, Fitness Center, Gated, Pickleball Court(s), Pool, Recreation Facilities, Security, Shuffleboard Court, Spa/Hot Tub, Storage, Tennis Court(s), Trail(s), Vehicle Restrictions
- Pool Description: Gunite, Heated
- Spa Description: Heated, In Ground
Exterior
- Exterior Features: Dog Run, Irrigation System, Lighting, Sliding Doors, Tennis Court(s)
Parking
- Carports: Yes
- Carport: 1
- Carport Spaces: 1
- Covered Spaces: 1
Location
- Area: 34231 - Sarasota/Gulf Gate Branch
- County: Sarasota
- Development Name: 34231 - Sarasota/Gulf Gate Branch
- Subdivision: PELICAN COVE IV
- Driving Directions: US41 to West on Vamo. Pelican Cove is on your right.
- Direction Faces: Southeast
Community
- Community Name: 34231 - Sarasota/Gulf Gate Branch
- Community Features: 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, Tennis Court(s)
- Optional Amenities: Basketball Court, Clubhouse, Fitness Center, Gated, Pickleball Court(s), Pool, Recreation Facilities, Secur
- Association: Yes
- Assoc. Name: Cindy
- Assoc. Fees Include: 24-Hour Guard, Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
- Number of Pets: 2
- Pet Restrictions: Tenants not allowed pets, / 100lbs.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Fire Hydrant, Sewer Connected, Street Lights, Water Connected
Structural Information
- Exterior Const.: Wood Frame
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,216
- Sq. Ft. Source: Public Records
- Year Built: 1976
Lot Features
- Lot Size (Acres): 1.62
- Lot Size (Sq. Ft.): 70,378
- Lot Size: 1.6157
- Street/Road Desc.: Paved
Financial Considerations
- Association Fee: $842
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $4,251.89
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNIT 156 BLDG 6 PELICAN COVE IV
- Flood Zone Info: AE
- APN: 126102007
- Property ID: 126102007
Listed by Deluca Realty Inc
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Schools
Schools serving 1518 Pelican Point Dr #BA156
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Gulf Gate Elementary School 6500 South Lockwood Ridge Road, Sarasota, FL 34231 | PK-5 | 2.3 mi |
Riverview High School, Sarasota, FL 1 Ram Way, Sarasota, FL 34231 | 9-12 | 3.8 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 5.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1518 Pelican Point Dr #BA156
Date
Details
Price
Change
Source
4/01/2026
Price Reduced
$384,500
-1.16%
MLS
3/12/2026
Price Reduced
$389,000
-10.06%
MLS
3/06/2026
Price Reduced
$432,500
-0.57%
MLS
2/22/2026
Price Reduced
$435,000
-0.53%
MLS
2/09/2026
Price Reduced
$437,300
-0.57%
MLS
1/28/2026
Listed
$439,800
3.48%
MLS
4/15/2021
Sold
$425,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1518 Pelican Point Dr #BA156
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,655
-17%
$317,700
-14%
2024
$4,380
-4%
$368,500
-5%
2023
$4,570
100%
$388,104
106%
2021
$2,286
-49%
$188,250
-50%
2022
$4,445
94%
$376,800
103%
2021
$2,286
4%
$185,651
2%
2019
$2,193
3%
$181,477
2%
2018
$2,132
1%
$178,093
2%
2017
$2,119
—
$174,430
2%
2016
$2,117
-2%
$170,842
1%
2015
$2,152
—
$169,654
1%
2014
$2,142
—
$168,308
1%
2013
$2,138
—
$165,821
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1518 Pelican Point Dr #BA156
1518 Pelican Point Drive #BA156, Sarasota, FL 34231 (MLS# A4678486) is a Condo property with 2 bedrooms and 2 full bathrooms. 1518 Pelican Point Drive #BA156 is currently listed for $384,500 and was received on January 28, 2026. Want to learn more about 1518 Pelican Point Drive #BA156? Do you have questions about finding other Condo real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

