$497,000
SOLD JUL 23, 2018

1505 Pelican Point Dr Unit 173 Sarasota, FL 34231

Vamo Neighborhood
2 Beds
2.5 Baths
2,066 Sq Ft
$754/mo HOA Fee

Recently Sold

$241 Per Sq Ft

15% Below List Price

150 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Marina
  • Boat Dock
  • Riverview High School Rated A
  • White Water Ocean Views
  • Access To Intracoastal Waterway

About This Home

As of October 2022

NEW PRICE! This is the one you've been waiting for! Rare opportunity to own this gorgeous updated 2 bedroom 2 1/2 bath condo in the coveted Bayhouse neighborhood of award winning Pelican Cove. Water views can be seen from every room through sliding glass doors that lead to open air decks allowing the warm Florida breezes to flow through. The kitchen features an over-sized island with loads of cabinet storage and plenty of seating for casual family meals. Granite tops grace the upgraded cabinetry and decorative wood backsplashes further accentuate the rich wood kitchen ceiling. Smooth knock down ceilings can be found throughout along with crown molding, upgraded doors and trim, chair rails and bead board accented walls. Light and plumbing fixtures have been updated to add the finishing touches. Upstairs both bedrooms have updated en suite baths, clerestory windows that bring in abundant natural light and soaring vaulted ceilings. The community is rich in amenities including 3 clubhouses, 6 heated swimming pools, hot tub, 4 lighted tennis courts, a harbour with 85 slips available for a nominal annual fee, 3 kayak launch sites with storage, basketball and shuffleboard courts, fitness room, library, photo lab, and miles of jogging and biking paths. If arts and crafts interest you you'll love the art, sculpture and woodworking studios. PC University offers classes on varying subjects creating a cultural and intellectual learning environment. Something for everyone, hurry schedule your private showing now!

Last Agent to Sell the Property

Carey Beychok

RE/MAX ALLIANCE GROUP License #3159480 Listed on: 02/02/2018

Last Buyer's Agent

Carey Beychok

RE/MAX ALLIANCE GROUP License #3159480 Listed on: 02/02/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,261

Year Built

  • Built in 1978

Lot Details

  • 20 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Street terminates at a dead end
  • Mature Landscaping
  • Oak Trees

HOA Fees

  • $754 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Siding
  • Stucco

Interior Spaces

  • 2,066 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Formal Dining Room
  • Sun or Florida Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Open Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outside Bathroom Access
  • Pool Tile
  • Pool Lighting
  • Heated Spa

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Access To Marina
  • Fishing Pier
  • No Fixed Bridges
  • First Come-First Served Dock
  • Dock has access to water
  • Dock made with wood
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Patio
  • Shed
  • Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Gulf Gate Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, private road, recreational facilities, sewer, trash, water
  • Pelican Cove Condo Assn 941.966.5674 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

Amenities

  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Slip
  • Marina
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,261

Year Built

Built in 1978

Lot Details

0

HOA Fees

$754 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Siding, Stucco
  • Fireplace: No
  • Living Area: 2066
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 2224
  • Directions to Property: From Tamiami take Vamo Rd S. Go R on Pelican Cove Rd & show guard license then straight to 2nd stop sign, go L on Pelican Point Dr. Take to end & park in carport #BA173 on L or any guest spot. Take ramp to 1505 Pelican Point Dr, #173 is on your right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4207274&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4207274&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.92551
  • Price per Sq Ft: 240.56
  • Close to Original List Price Ratio: 0.76816
  • Ratio: Current Price\Building Area Total: 223.47
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave Hood, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1505
  • Room Count: 10
  • Additional Rooms: Double Master Bedroom, Florida Room, Formal Dining Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s), Storage
  • Pool Features: Gunite, Heated, In Ground, Lighting, Outside Bath Access, Tile
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Water
  • Water Body Name: Sarasota Bay/Intracoastal
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • 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 - Composite, Dock - Slip 1st Come, Dock - Wood, 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
  • Flood Zone Panel: 12115C0207F
  • Waterfront Frontage: 20
  • Water Frontage Feet Bay Harbor: 20
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Guest, Open
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • 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, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access
  • Association Amenities: Boat Slip, Boat Dock, Fitness Center, Gated, Maintenance, Marina, Optional Additional Fees, Recreation Facilities, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 754
  • Association Fee Frequency: Monthly
  • Association Name: Pelican Cove Condo Assn 941.966.5674
  • Association: Yes
  • Security: Gated Community, Key Card Entry, Smoke Detector(s)
  • Senior Community: No
  • Condo Land Included Y N: No
  • Amenities Additional Fees: Boat slips, Wilbanks rooms.
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9048
  • Monthly HOA Fee: 754
  • Total Monthly Fees: 754

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0126112003
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 2 Months
  • Approval Process: Application and fee of $100 and approval by board. Application submitted less than 30 days in advance require an additional rush fee of $50.
  • Num Timesper Year: 4
  • Pet Restrictions: Tenants no pets.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Association must pre-approve all lease agreements. Application must be submitted 20 days in advance or rush fee will be applied.

Tax Info

  • Tax Annual Amount: 5261
  • Tax Block: 7
  • Tax Book Number: 10-7
  • Tax Lot: 173

Multi Family

  • Waterfront Features: Bay/Harbor

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $710,000 --
Warranty Deed $497,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed -- --
Warranty Deed $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $160,000 No Value Available
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: A4207274

Stellar MLS

APN: 0126-11-2003