NOT LISTED FOR SALE

1505 Pelican Point Dr Unit 275 Sarasota, FL 34231

Vamo Neighborhood

Estimated Value: $454,000 - $525,000

2 Beds
2 Baths
1,368 Sq Ft
$665/mo HOA Fee

Last Sold April 28, 2023

Last sale price $555,000 $406 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,851/month

2 Days on Market

Highlights

  • White Water Ocean Views
  • Boat Slip Deeded
  • Fitness Center
  • Riverview High School Rated A
  • Access to Bay or Harbor
  • Gated Community

About This Home

As of April 2023

Take pleasure in owning your own piece of paradise at Pelican Cove, ****FULL BAY VIEW****a gated, waterfront boating community located in South Sarasota, West of Tamiami Trail. Your new home is a 2-bedroom 2-bath split plan with cathedral ceilings with clerestory windows, yep your condo is drenched in sunlight and your out on the point…One of the best locations in all of Pelican Cove… Tenant in place December 1st 2023 though till April 15 2024. A canopy tree community on Sarasota Bay, Pelican Cove is a 75-acre gated, vibrant, waterfront community nestled among manicured tropical foliage truly offering something for everyone. Abundant amenities include an 86-slip boat harbor with sailboat water, excellent rates, and a launch dock for kayaks and canoes, 6 heated swimming pools, hot tub, 3 clubhouses, 4 lighted tennis courts, pickleball, shuffleboard, basketball, dog walk area, 5.5 miles of walking trails and boardwalks as well as fishing gazebos, water exercise classes, exercise facilities, 2 art studios and a pottery classroom. Take classes at Pelican Cove University or join one of the more than 37 clubs, including photography, fiber art, bike riding, yoga, Tai Chi, culinary arts, and card clubs. Woodworking, sculpting and evening jazz & classical music concerts round out the active lifestyle. Pelican Cove, the ultimate adult sanctuary, continues to be recognized and win awards for its landscaping and its superior management. Minutes from SIESTA KEY BEACH, restaurants, shopping.

Last Agent to Sell the Property

Anthony DeLuca

DELUCA REALTY INC License #3052260 Listed on: 03/27/2023

Last Buyer's Agent

Judy Limekiller

COLDWELL BANKER SARASOTA CENT. License #3131877

COLDWELL BANKER SARASOTA CENT.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,369

Year Built

  • Built in 1978

Lot Details

  • South Facing Home
  • Dog Run

HOA Fees

  • $665 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • White Water Ocean Views

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access to Bay or Harbor
  • No Fixed Bridges
  • Boat Slip Deeded
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, common area taxes, pool, escrow reserves fund, fidelity bond, maintenance structure, ground maintenance, maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • Cindy Association
  • Pelican Cove Community
  • Pelican Cove Vii Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,369

Year Built

Built in 1978

Lot Details

0

HOA Fees

$665 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Pool, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco, Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 1368
  • Lot Size Acres: 3.78
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 1606
  • Lot Size Sq Ft: 164804
  • Directions to Property: US 41 to West on Vamo. First right into Pelican Cove.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1047702
  • Minimum Lease: 2 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 405.70
  • Unit Number YN: 0
  • Water Access YN: 1
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Living Room/Dining Room Combo, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1505
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 127.09
  • Room Count: 5

Exterior Features

  • Direction Faces: South
  • Exterior Features: Dog Run, Rain Gutters, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor
  • Water Extras: Bridges - No Fixed Bridges,Dock - Slip Deeded On-Site
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Clubhouse, Deed Restrictions, Fitness Center, Gated, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts
  • Association Fee: 665
  • Association Fee Frequency: Monthly
  • Association Name: Cindy
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Tenants not allowed pets
  • Association Fee Requirement: Required
  • Building Name Number: 1505
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Max Pet Weight: 100
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: cindy@pelicancovecondo.com
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 7980.00
  • Total Monthly Fees: 665.00
  • Monthly HOA Amount: 665.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0126112011
  • Additional Parcels: No
  • Flood Zone Code: x
  • Homestead YN: 0
  • Lot Size Square Meters: 15311

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: HOA Approval Required

Tax Info

  • Tax Annual Amount: 5369.06
  • Tax Block: 8
  • Tax Book Number: 10-7
  • Tax Lot: 275

Multi Family

  • Approval Process: Application

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Apr 28, 2023
Sold by
Marksman Properties Llc
Bought by
Karp Eric H and Karp Steffi A
Seller's Agent
Anthony DeLuca
DELUCA REALTY INC
Buyer's Agent
Judy Limekiller
COLDWELL BANKER SARASOTA CENT.
List Price
$575,000
Sold Price
$555,000
Premium/Discount to List
-$20,000
-3.48%
Views
13
Current Estimated Value
$499,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,803
Avg. Annual Appreciation
-2.55%

Purchase Details

Listed on
Oct 13, 2021
Closed on
Oct 18, 2021
Sold by
Wohl Mary Elizabeth Taylor and Mary Elizabeth Taylor Wohl Tru
Bought by
Marksman Properties Llc
Seller's Agent
Jennifer Linehan
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Anthony DeLuca
DELUCA REALTY INC
List Price
$450,000
Sold Price
$457,500
Premium/Discount to List
$7,500
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.46%
Original Mortgage
$343,125
Interest Rate
2.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 2, 2016
Sold by
Wohl Mary Elizabeth Taylor and Taylor Wohl Mary E
Bought by
Wohl Mary Elizabeth Taylor and Mary Elizabeth Taylor Wohl Tru

Purchase Details

Closed on
Mar 21, 2002
Sold by
Lichenstein Murry A and Lichenstein Murry A
Bought by
Wohl Bernard J and Wohl Mary E Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Karp Eric H $555,000 Sunbelt Title
Marksman Properties Llc $457,500 Attorney
Wohl Mary Elizabeth Taylor -- Attorney
Wohl Bernard J $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marksman Properties Llc $343,125
Previous Owner Taylor Wohl Mary E $176,000
Previous Owner Wohl Bernard J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $555,000 -3.5% $406 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $575,000 +25.7% $420 / Sq Ft
10/18/2021 10/18/21 Sold $457,500 +1.7% $334 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $450,000 -- $329 / 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 $5,145 $406,200 -- $406,200
2023 $5,145 $398,400 $0 $398,400
2022 $5,369 $416,500 $0 $416,500
2021 $4,454 $328,300 $0 $328,300
2020 $4,415 $319,500 $0 $319,500
2019 $4,005 $289,800 $0 $289,800
2018 $3,945 $286,200 $0 $286,200
2017 $3,977 $283,700 $0 $283,700
2016 $3,843 $266,300 $0 $266,300
2015 $3,774 $254,100 $0 $254,100
2014 $3,666 $218,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anthony DeLuca

    Seller's Agent in 2023

    Anthony DeLuca

    DELUCA REALTY INC

    (941) 685-6001

    64 in this area

    120 Total Sales

    Section Image
  • Judy Limekiller

    Buyer's Agent in 2023

    Judy Limekiller

    COLDWELL BANKER SARASOTA CENT.

    (941) 374-4802

    80 in this area

    126 Total Sales

    Section Image
  • Jennifer Linehan

    Seller's Agent in 2021

    Jennifer Linehan

    Michael Saunders

    (941) 266-7555

    3 in this area

    103 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: A4564994

Stellar MLS

APN: 0126-11-2011

Florida Sarasota County Sarasota 34231 Vamo

1505 Pelican Point Dr Unit 275, Sarasota, FL

This home is located at 1505 Pelican Point Dr Unit 275, Sarasota, FL 34231 since 27 March 2023 and is currently estimated at $492,299, approximately $359 per square foot. This property was built in 1978. 1505 Pelican Point Dr Unit 275 is a home located in Sarasota County with nearby schools including Gulf Gate Elementary School, Riverview High School, and Brookside Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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