NOT LISTED FOR SALE

1505 Pelican Point Dr Unit BA272 Sarasota, FL 34231

Vamo Neighborhood

Estimated Value: $447,000 - $683,000

2 Beds
2 Baths
1,368 Sq Ft
$564/mo HOA Fee

Last Sold July 26, 2019

Last sale price $515,000 $376 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,362/month

195 Days on Market

Highlights

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

About This Home

As of July 2019

SELLERS WILLING TO CONTRIBUTE CREDIT TOWARDS CLOSING COSTS. One-of-a-kind renovated contemporary highly sought after waterfront condo. Views of the Little Sarasota Bay including panoramic view of sunsets on the Intracoastal Waterway. Across from Siesta Key with water views from all windows!Luxurious upgrades include a redesigned modern floor plan! Two bedroom, 2 bath. The kitchen has been completely redesigned and opened up to maximize views of the bay. An abundance of customs cupboards, built in wine rack, granite countertops and high end appliances grace the enlarged kitchen area. Clerestory windows bring in abundant light into the living and dining area. Both bathrooms totally renovated with beautiful tile and granite. Located in S. Sarasota on the Intracoastal Waterway with an 85 slip harbor with a boardwalk to watch the sunset. Amenities include: woodworking, sculpting & art studio, 6 pools, yoga, tennis, pickle ball, water aerobics, biking, new exercise room, kayak launch & slips to name a few activities. Enjoy the performing arts, annual art show, cinema & culinary club, bridge and fiber arts club. The lush tropical setting starts to relax you as soon as you drive past the gate boasting fruit trees, bird watching and manatee sightings in the harbor. Pelican Cove is only a short drive to Siesta Key.

Last Agent to Sell the Property

Colleen Gibson

MEDWAY REALTY License #3355756 Listed on: 11/01/2018

MEDWAY REALTY

Last Buyer's Agent

Judy Limekiller

COLDWELL BANKER SARASOTA CENT. License #3131877

COLDWELL BANKER SARASOTA CENT.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,999

Year Built

  • Built in 1978

Lot Details

  • 100 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Land Lease expires 1/31/19

HOA Fees

  • $564 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

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

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Laminate Flooring

Kitchen

  • Microwave
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System
  • Gray Water System

Outdoor Features

  • Access To Intracoastal Waterway
  • Fishing Pier
  • Access to Bay or Harbor
  • First Come-First Served Dock
  • Minimum Wake Zone
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Air
  • Heating Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, common area taxes, community pool, electricity, escrow reserves fund, fidelity bond, gas, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Pelican Cove Community
  • Pelican Cove Vii Subdivision
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,999

Year Built

Built in 1978

Lot Details

0

HOA Fees

$564 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Electricity, Escrow Reserves Fund, Fidelity Bond, Gas, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1368
  • New Construction: No
  • Year Built: 1978
  • Directions to Property: At intersection of 41 & Beneva, turn west on Vamo near Costco. Right into Pelican Cove.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N6102671&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N6102671&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9051
  • Price per Sq Ft: 376.46
  • Close to Original List Price Ratio: 0.8864
  • View: No
  • Ownership: Condominium
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Skylight(s), Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Disposal, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 1
  • Window Features: Window Treatments
  • Street Number Modifier: 1505
  • Room Count: 5
  • Additional Rooms: Florida Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Gray Water System, Irrigation System, Lighting, Storage, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Little Sarasota Bay, Icw
  • Waterfront: Yes
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Intracoastal Waterway
  • Water Extras: Dock - Slip 1st Come, Dock w/Electric, Fishing Pier, Minimum Wake Zone
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0207F
  • Waterfront Frontage: 100
  • Water Frontage Feet I C W: 100

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Sprinkler Recycled, Water Available
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Gated Community, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 564
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 564
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6768
  • Total Monthly Fees: 564

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0126112009
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Land Lease Expiration Date: 2019-01-31
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 2 Months
  • Approval Process: HOA application required.
  • Num Timesper Year: 4
  • Pet Restrictions: Pets must be kept on leash and off boardwalk. Dog park. No pets for renters.
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 4000
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: Application fee is $100

Tax Info

  • Tax Annual Amount: 4999
  • Tax Book Number: 10-7
  • Tax Lot: 272

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Jul 26, 2019
Sold by
Glenn Glenna K
Bought by
Savaiano Dennis Alan and Savaiano Catherine C
Seller's Agent
Colleen Gibson
MEDWAY REALTY
Buyer's Agent
Judy Limekiller
COLDWELL BANKER SARASOTA CENT.
List Price
$581,000
Sold Price
$515,000
Premium/Discount to List
-$66,000
-11.36%
Current Estimated Value
$589,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,419
Avg. Annual Appreciation
3.36%

Purchase Details

Closed on
May 13, 2011
Sold by
Chester Jan L and Estate Of Zelda K Chester
Bought by
Glenn Glenna K

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
4.85%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 21, 1994
Sold by
Reading Marjorie and Reading Max
Bought by
Chester Herbert and Chester Zelda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.77%
Source: Public Records

Range of Values:

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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
Savaiano Dennis Alan $515,000 Attorney
Glenn Glenna K $281,000 Attorney
Chester Herbert $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glenn Glenna K $200,000
Previous Owner Chester Zelda K $100,000
Previous Owner Chester Herbert $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $515,000 -9.5% $376 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
04/02/2019 04/02/19 Price Changed $569,000 -1.7% $416 / Sq Ft
01/25/2019 01/25/19 Price Changed $579,000 -0.3% $423 / Sq Ft
11/01/2018 11/01/18 For Sale $581,000 -- $425 / 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 $6,852 $556,100 -- $556,100
2023 $6,852 $557,700 $0 $557,700
2022 $6,620 $557,700 $0 $557,700
2021 $5,811 $439,600 $0 $439,600
2020 $5,791 $429,500 $0 $429,500
2019 $4,990 $369,100 $0 $369,100
2018 $4,999 $391,100 $0 $391,100
2017 $4,898 $313,511 $0 $0
2016 $4,687 $365,900 $0 $365,900
2015 $2,919 $259,100 $0 $259,100
2014 $2,907 $220,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Colleen Gibson

    Seller's Agent in 2019

    Colleen Gibson

    MEDWAY REALTY

    (941) 961-9088

    21 in this area

    32 Total Sales

    Section Image
  • Judy Limekiller

    Buyer's Agent in 2019

    Judy Limekiller

    COLDWELL BANKER SARASOTA CENT.

    (941) 374-4802

    80 in this area

    126 Total Sales

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Map

Source: Stellar MLS

MLS Number: N6102671

Stellar MLS

APN: 0126-11-2009

Florida Sarasota County Sarasota 34231 Vamo

1505 Pelican Point Dr Unit BA272, Sarasota, FL

This home is located at 1505 Pelican Point Dr Unit BA272, Sarasota, FL 34231 since 01 November 2018 and is currently estimated at $571,817, approximately $417 per square foot. This property was built in 1978. 1505 Pelican Point Dr Unit BA272 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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