NOT LISTED FOR SALE

1505 Pelican Point Dr Unit 173 Sarasota, FL 34231

Vamo Neighborhood

Estimated Value: $643,000 - $720,000

2 Beds
2.5 Baths
2,066 Sq Ft
$827/mo HOA Fee

Last Sold October 11, 2022

Last sale price $710,000 $344 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,145/month

2 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Marina
  • Access To Intracoastal Waterway
  • Riverview High School Rated A
  • White Water Ocean Views
  • Fitness Center

About This Home

As of October 2022

A rare opportunity to own a condo with breathtaking water views from every window. You will love this stunning 2 story condo located at Pelican Cove Point. This spacious two bedroom/two and a half bath townhome/condo is filled with plenty of natural sunlight, has an open-plan first floor, with three separate outdoor spaces. Panoramic Sarasota Bay sunsets just 18 steps from your front door. Amenities include: art studio, woodworking shop, sculpting garden, 6 pools, yoga, tennis, pickleball, water aerobics, biking, new exercise room and kayak launches to name a few activities. Enjoy an impressive offering of performing arts, annual art show, cinema & culinary club, bridge and fiber arts club. Your Pelican Cove drive begins when the front gate lifts and the beauty of Pelican Cove unfolds. Majestic trees greet you and as your drive continues you discovery you have arrived at a magical botanical garden! Pelican Cove is spread out over 75 acres of natural beauty, Every convenience 5 minutes away. Publix, Sprouts, Lowes, CVS, movie theatre, Costco, restaurants and much more!

Last Agent to Sell the Property

Judy Limekiller

COLDWELL BANKER SARASOTA CENT. License #3131877 Listed on: 09/10/2022

COLDWELL BANKER SARASOTA CENT.

Last Buyer's Agent

Anthony DeLuca

DELUCA REALTY INC License #3052260

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,459

Year Built

  • Built in 1978

Lot Details

  • 100 Feet of Waterfront
  • South Facing Home
  • Dog Run

HOA Fees

  • $827 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,066 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Bonus Room
  • Sun or Florida Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet

Laundry

  • Laundry closet
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Access To Marina
  • Fishing Pier
  • No Fixed Bridges
  • Dock has access to water
  • Balcony
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Jack/Cindy Association
  • Pelican Cove Community
  • Pelican Cove Vii Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions

Recreation

  • Marina
  • Waterfront Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Recreation Facilities
  • Shuffleboard Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing
  • Park

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Additional Features

  • Community Storage Space
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,459

Year Built

Built in 1978

Lot Details

0

HOA Fees

$827 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 2066
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 2066
  • Directions to Property: Turn into Pelican Cove and head straight to end, turn left and stay to your right. 1505 Pelican Pt. Dr. 173 is close to the end point and will be on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4547593?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4547593?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.01574
  • Price per Sq Ft: 343.66
  • Close to Original List Price Ratio: 1.01574
  • Ratio: Current Price\Building Area Total: 343.66
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Upstairs, Open Floorplan, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Street Number Modifier: 1505
  • Room Count: 6
  • Additional Rooms: Bonus Room, Family Room, Florida Room, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, In Ground, Lighting, Tile
  • Exterior Features: Balcony, Dog Run, Storage, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Sarasota Bay
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Intracoastal Waterway, Marina
  • Water Extras: Bridges - No Fixed Bridges, Dock w/Electric, Dock w/Water Supply, Fishing Pier, Sailboat Water
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 100
  • Water Frontage Feet Bay Harbor: 100

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Public, Sewer Connected, Sprinkler Recycled, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Gated Community, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Park, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Basketball Court, Fitness Center, Gated, Maintenance, Marina, Pickleball Court(s), Playground, Pool, Recreation Facilities, Shuffleboard Court, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 827
  • Association Fee Frequency: Monthly
  • Association Name: JACK/Cindy
  • Phone: 9665674
  • Association: Yes
  • Senior Community: No
  • Association Email: cindy@pelicancovecondo.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes
  • Association: JACK/Cindy

Fee Information

  • Total Annual Fees: 9924
  • Monthly HOA Fee: 827
  • Total Monthly Fees: 827

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0126112003
  • Additional Parcels: No
  • Flood Zone Code: A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 2 Months
  • Approval Process: Hand in check/application to Cindy at the Pelican cove office.
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Tenants are not supposed to have pets.

Tax Info

  • Tax Annual Amount: 5459.08
  • Tax Block: 7
  • Tax Book Number: 10-7
  • Tax Lot: 173

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2022
Closed on
Oct 12, 2022
Sold by
Sarasota Land Trust
Bought by
Cohen Sharon
Seller's Agent
Judy Limekiller
COLDWELL BANKER SARASOTA CENT.
Buyer's Agent
Anthony DeLuca
DELUCA REALTY INC
List Price
$699,000
Sold Price
$710,000
Premium/Discount to List
$11,000
1.57%
Views
5
Current Estimated Value
$675,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,482
Avg. Annual Appreciation
0.25%

Purchase Details

Listed on
Feb 2, 2018
Closed on
Jul 23, 2018
Sold by
Bowman Nancy A and The Bowman Revocable Trust
Bought by
Pitchford Jan W and The Sarasoata Land Tryust
Seller's Agent
Carey Beychok
RE/MAX ALLIANCE GROUP
Buyer's Agent
Carey Beychok
RE/MAX ALLIANCE GROUP
List Price
$585,000
Sold Price
$497,000
Premium/Discount to List
-$88,000
-15.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%

Purchase Details

Closed on
Oct 29, 2014
Sold by
Worthington Norman A and Worthington Florence M
Bought by
Norman A and Worthington Florence M

Purchase Details

Closed on
Jun 2, 1999
Sold by
Coleman Adelaide A
Bought by
Worthington Norman A and Worthington Florence M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cohen Sharon $710,000 --
Pitchford Jan W $497,000 Attorney
Norman A -- Attorney
Worthington Norman A -- --
Worthington Norman A $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Worthington Norman A $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $710,000 +1.6% $344 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
09/10/2022 09/10/22 For Sale $699,000 +40.6% $338 / Sq Ft
07/23/2018 07/23/18 Sold $497,000 -7.4% $241 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
05/25/2018 05/25/18 Price Changed $537,000 -2.4% $260 / Sq Ft
03/31/2018 03/31/18 Price Changed $550,000 -6.0% $266 / Sq Ft
03/23/2018 03/23/18 For Sale $585,000 0.0% $283 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
02/18/2018 02/18/18 Price Changed $585,000 -9.6% $283 / Sq Ft
02/17/2018 02/17/18 For Sale $647,000 0.0% $313 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $647,000 -- $313 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,051 $596,000 -- $596,000
2023 $7,051 $555,900 $0 $555,900
2022 $5,457 $455,050 $0 $0
2021 $5,459 $441,796 $0 $0
2020 $5,481 $435,696 $0 $0
2019 $5,309 $425,900 $0 $425,900
2018 $5,217 $383,500 $0 $383,500
2017 $5,261 $380,200 $0 $380,200
2016 $5,120 $360,900 $0 $360,900
2015 $3,605 $347,800 $0 $347,800
2014 $3,591 $266,657 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4547593

Stellar MLS

APN: 0126-11-2003