1520 PELICAN POINT DRIVE UNIT 155, SARASOTA, FL, 34231
Active135 days on marketListed Mar 22, 2026MLS #A4687049
About this home
1520 PELICAN POINT DRIVE UNIT 155
This one-bedroom ground floor condominium has stunning views of Sarasota Bay and is nestled under a canopy of oak trees with storybook views. The open floor plan with the sunny & bright Florida lanai room boasts loads of storage in and out. This condo is centrally located within Pelican Cove, one of Sarasota's most popular gated, waterfront complexes. The open kitchen has been renovated to make a more open flow and easy living or entertaining. The fence enclosed courtyard, off the primary bedroom, is a wonderful spot any time of the day. It's a short walk from the front door to the most picturesque of the six heated pools, or to the serene deck at Pelican Point to watch the sun set over the bay. Pelican Cove is spread out over 75 acres of natural beauty, built along Sarasota Bay. Pelican Cove has to be seen to be appreciated with manicured tropical foliage, tennis courts, 6 pools, exercise room and workshops of all kinds. Activities of every type are present: Art, Music, Wood working, Boating, and Fitness & Pelican University, kayaking, fishing, 6 pools, 4 tennis courts, a private harbor and numerous clubs and activities. Additional storage has been added to this condo for new owners' convenience. Pelican Cove is spread over 75 acres and amenities include/gated community of botanical setting on Little Sarasota Bay, within a gated community that offers sailboat, canoe, kayaking & fishing 6 pools, 4 tennis courts, a private harbor and numerous clubs and activities. This condo comes with an outdoor storage shed.
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
789
Sqft
1.62 ac
Lot size
1976
Year built
One
Levels
$418
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,011 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,011/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+12.2%
$/sqft vs Sarasota actives
$418 vs $343
Days on market
135 vs 62 typical
Where $418/sqft sits among the 400 Sarasota actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Pelican Cove
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
Pelican Cove — neighborhood snapshot
Population
907
Median age
65
Median income
$106,943
Median home value
$426,332
Avg household
2
Households w/ children
55%
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sarasota market
$475K → $495K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
155 of 400
Sarasota actives have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 49% above the SARASOTA 34231 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 1520 PELICAN POINT DRIVE UNIT 155
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$360,000
9011 MIDNIGHT PASS ROAD UNIT 228
1 bd · 1 ba · 783 sqft · $460/sqft · 936 DOM
Sold · Aug ’25$335,000
8977 MIDNIGHT PASS ROAD UNIT 521
1 bd · 1 ba · 783 sqft · $428/sqft · 80 DOM
Sold · Jun ’26$329,000
9397 MIDNIGHT PASS ROAD UNIT 603
1 bd · 1 ba · 778 sqft · $423/sqft · 119 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1520 PELICAN POINT DRIVE UNIT 155 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1520 PELICAN POINT DRIVE UNIT 155 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
1520 PELICAN POINT DRIVE UNIT 155 FAQs
What would the monthly payment be for 1520 PELICAN POINT DRIVE UNIT 155?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,011/mo — principal and interest, the actual property-tax bill, the $550/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 1520 PELICAN POINT DRIVE UNIT 155?+
The association fee works out to $550 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 1520 PELICAN POINT DRIVE UNIT 155?+
The most recent tax bill on record (2025) was $2,551. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1520 PELICAN POINT DRIVE UNIT 155?+
The listing reports pets: Number Limit. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Sarasota?+
At $330,000, this home is listed about 43% below the Sarasota median of $574,900. The market section on this page shows how the area is trending.
Which schools are assigned to 1520 PELICAN POINT DRIVE UNIT 155?+
Gulf Gate Elementary School (elementary), Riverview High School (high), Brookside Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$330,000 runs 49% above the SARASOTA 34231 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $550/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
135 days on market against a Sarasota median of 62 — sellers in this position are usually ready to negotiate.
05Strong assigned schools
Gulf Gate Elementary School, Riverview High School, Brookside Middle School — Riverview High School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER SARASOTA CENT. · Judy Limekiller. MLS #A4687049.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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