1508 PELICAN COVE ROAD UNIT 238, SARASOTA, FL, 34231
Active24 days on marketListed Jul 17, 2026MLS #A4700365
About this home
1508 PELICAN COVE ROAD UNIT 238
Available September 15th as an annual unfurnished rental. Nice oversized one bedroom, 2nd floor condo, with high ceilings and lots of natural light. Pelican Cove is a gated, waterfront community with unbeatable amenities including multiple heated pools, tennis courts, fitness center, a marina with boat docks and kayak storage, and much more. Sorry, no pets are allowed.
Facts & features
The home at a glance
1
Bedrooms
1.5
Bathrooms
917
Sqft
2.07 ac
Lot size
1980
Year built
One
Levels
$2
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$174 /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
$174/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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.
$/sqft vs Sarasota actives
$2 vs $343
Days on market
24 vs 63 typical
Where $2/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 → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
161 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 99% below the SARASOTA 34231 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 1508 PELICAN COVE ROAD UNIT 238
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$324,500
1508 PELICAN COVE ROAD UNIT 230 · same community
2 bd · 2 ba · 1,211 sqft · $268/sqft · 119 DOM
Sold · Jul ’26$287,500
1508 PELICAN COVE ROAD UNIT GR232 · same community
2 bd · 2 ba · 1,211 sqft · $237/sqft · 143 DOM
Sold · May ’26$295,000
1512 PELICAN COVE ROAD UNIT 239 · same community
3 bd · 2 ba · 1,301 sqft · $227/sqft · 207 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 1508 PELICAN COVE ROAD UNIT 238 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1508 PELICAN COVE ROAD UNIT 238 — 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
1508 PELICAN COVE ROAD UNIT 238 FAQs
What would the monthly payment be for 1508 PELICAN COVE ROAD UNIT 238?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $174/mo — principal and interest, estimated property taxes 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.
Are pets allowed at 1508 PELICAN COVE ROAD UNIT 238?+
The listing reports pets: No. 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 $1,895, this home is listed about 100% below the Sarasota median of $559,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1508 PELICAN COVE ROAD UNIT 238?+
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.
Keep looking
Similar homes nearby
Listing courtesy of QUEST PROPERTIES INC · Timothy Bloch. MLS #A4700365.
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.
Never miss a listing
New Sarasota homes, in your inbox
Like 1508 PELICAN COVE ROAD UNIT 238 but not quite? A daily digest of every new listing in Sarasota — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →