For sale Condo

Listed Oct 22, 2026

$525,000 Est. $3,472/mo

1518 Pelican Point Drive #257

  • 2

    Beds

  • 2

    Baths

  • 1,216

    Sq ft

The story

Unit #257 at 1518 Pelican Point Drive is a 2-bedroom, 2-bathroom, single-level condo in Sarasota, FL with 1,216 sq ft of living space, built in 1976. It is currently listed at $525,000, with a monthly HOA fee of $842. Highlights include water views.

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.

Facts & features

Home type

Condo

Year built

1976

Floors

1

Lot size

2 acres

Price per sq ft

$432

HOA

$842 / monthly

Included features

  • Cooling

    Central Air

  • Heating

    Electric

  • Appliances

    Dishwasher, Dryer, Ice Maker, Microwave, Range, Refrigerator

  • Flooring

    Tile

  • Water Source

    Public

  • Sewer

    Public Sewer

  • View

    Water

Mortgage calculator

Estimated monthly payment

$3,472 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,794
  • Property tax $525
  • Insurance $153

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

COLDWELL BANKER REALTY

Broker Name

COLDWELL BANKER REALTY

Agent

Ashley Wallace