NOT LISTED FOR SALE

1526 Pelican Point Dr Unit 247 Sarasota, FL 34231

Vamo Neighborhood

Estimated Value: $464,000 - $535,000

2 Beds
2 Baths
1,216 Sq Ft
$618/mo HOA Fee

Last Sold October 11, 2022

Last sale price $535,000 $440 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,746/month

53 Days on Market

Highlights

  • Waterfront Community
  • White Water Ocean Views
  • Water access To Gulf or Ocean To Bay
  • Riverview High School Rated A
  • Community Boat Slip
  • Fitness Center

About This Home

As of October 2022

Wait till you see your new condo with this impressive view. Located on the 2nd floor and next to the Pelican Cove signature clubhouse and swimming pool. You have an updated A/C unit, hot water tank and electric panel, plus updated kitchen, new vanities, brand new washer/dryer in the unit. Items in the condo will be sold with the condo. Pelican Cove is a gated community abounding with amenities, including a low cost 86-slip boat harbor; kayak and canoe launch, six heated swimming pools, hot-tub, three clubhouses with theaters, classrooms, gym, art, woodworking and pottery studios, four lighted tennis/pickleball courts, shuffleboard, basketball, dog play area, walking trails, boardwalks and fishing gazebos. Take classes at Pelican Cove University, or in yoga, tai-chi, water aerobics, painting or photography. Join one of the more than 37 clubs for photography, fiber arts, cycling, culinary arts, bridge, film and more. Or relax at the evening jazz & classical music concerts, including concerts held harborside. Located on the lush grounds of the former Wilbanks estate, Pelican Cove is hidden away yet minutes from everything! Come see for yourself, this is the lifestyle you deserve!

Last Agent to Sell the Property

Stephen Hachey

FLAT FEE MLS REALTY License #3389117 Listed on: 07/12/2022

Last Buyer's Agent

Larry Brzostek

RE/MAX ALLIANCE GROUP License #3106306

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,078

Year Built

  • Built in 1976

Lot Details

  • Property fronts a private road
  • South Facing Home
  • Mature Landscaping
  • Wooded Lot
  • Landscaped with Trees

HOA Fees

  • $618 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Woods
  • Garden

Home Design

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

Interior Spaces

  • 1,216 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Security Gate
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Guest Parking
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Marina
  • Fishing Pier
  • First Come-First Served Dock
  • Water Skiing Allowed
  • Enclosed Patio or Porch
  • Outdoor Storage

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, cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, sewer, trash, water
  • Jack Stevens Association, Phone Number (941) 966-5674
  • Visit Association Website
  • Pelican Cove Community
  • Pelican Cove I Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Community Boat Slip
  • Waterfront Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing
  • Park

Pet Policy

  • 2 Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,078

Year Built

Built in 1976

Lot Details

0

HOA Fees

$618 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1216
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 1482
  • Directions to Property: From Vamo Rd turn to Pelican Cove Rd, continue past guard booth. Pelican cove Rd will flow into Pelican Cove Dr, unit will be on the left hand side
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3386813?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3386813?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.9745
  • Price per Sq Ft: 439.97
  • Close to Original List Price Ratio: 1.00943
  • Ratio: Current Price\Building Area Total: 361
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 2
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1526
  • Room Count: 5
  • Additional Rooms: Attic
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Storage
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Garden, Trees/Woods, Water
  • Waterfront: No
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Paved, Asphalt
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor, Gulf/Ocean to Bay, Marina
  • Water Extras: Dock - Slip 1st Come, Fishing Pier, Sailboat Water, Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0207F

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Closet
  • 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, Golf Carts OK, No Truck/RV/Motorcycle Parking, Park, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Boat Slip, Cable TV, Clubhouse, Fitness Center, Gated, Park, Pool, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee: 618
  • Association Fee Frequency: Monthly
  • Association Name: Jack Stevens
  • Phone: 941-966-5674
  • Association: Yes
  • Security: Gated Community, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Association Website: www.pelicancovecondo.com
  • Association Email: jack@pelicancovecondo.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7416
  • Monthly HOA Fee: 618
  • Total Monthly Fees: 618

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0126101084
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 999
  • Minimum Lease: 2 Months
  • Approval Process: Approval required
  • Num Timesper Year: 4
  • Pet Restrictions: None
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Approval required

Tax Info

  • Tax Annual Amount: 4078
  • Tax Block: 5B
  • Tax Book Number: 8-37
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Oct 11, 2022
Sold by
Atlas Florida Property Llc
Bought by
Nicosia Ralph John
Seller's Agent
Stephen Hachey
FLAT FEE MLS REALTY
Buyer's Agent
Larry Brzostek
RE/MAX ALLIANCE GROUP
List Price
$530,000
Sold Price
$535,000
Premium/Discount to List
$5,000
0.94%
Views
24
Current Estimated Value
$490,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,471
Avg. Annual Appreciation
-2.94%
Original Mortgage
$401,250
Outstanding Balance
$385,271
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$105,258

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jul 5, 2022
Sold by
Hellman Joseph S and Hellman Roberta
Bought by
Atlas Florida Property Llc
Seller's Agent
Anthony DeLuca
DELUCA REALTY INC
Buyer's Agent
Anthony DeLuca
DELUCA REALTY INC
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.48%

Purchase Details

Listed on
Mar 23, 2017
Closed on
May 5, 2017
Sold by
Dinman Bertram D and Dinman Gabrielle S
Bought by
Hellman Joseph S and Hellman Roberta
Seller's Agent
Anthony DeLuca
DELUCA REALTY INC
Buyer's Agent
Anthony DeLuca
DELUCA REALTY INC
List Price
$369,000
Sold Price
$350,000
Premium/Discount to List
-$19,000
-5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$262,500
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2000
Sold by
807260 Ontario Ltd
Bought by
Dinman Bertram D and Dinman Gabrielle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8.27%
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
Nicosia Ralph John $535,000 None Listed On Document
Atlas Florida Property Llc $500,000 Roknich Law Firm Pa
Hellman Joseph S $350,000 None Available
Dinman Bertram D $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicosia Ralph John $401,250
Previous Owner Hellman Joseph S $262,500
Previous Owner Dinman Bertram D $175,813
Previous Owner Dinman Bertram D $189,400
Previous Owner Dinman Bertram D $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $535,000 -2.6% $440 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
08/05/2022 08/05/22 Price Changed $549,000 +3.6% $451 / Sq Ft
07/12/2022 07/12/22 For Sale $530,000 +6.0% $436 / Sq Ft
07/05/2022 07/05/22 Sold $500,000 -9.1% $411 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $550,000 0.0% $452 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $550,000 +57.1% $452 / Sq Ft
08/17/2018 08/17/18 Off Market $350,000 -- --
05/26/2017 05/26/17 Sold $350,000 -5.1% $288 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $369,000 -- $303 / 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 $5,712 $438,300 -- $438,300
2023 $5,712 $449,500 $0 $449,500
2022 $4,601 $374,000 $0 $374,000
2021 $4,078 $297,800 $0 $297,800
2020 $4,071 $292,300 $0 $292,300
2019 $3,691 $264,800 $0 $264,800
2018 $3,593 $258,200 $0 $258,200
2017 $3,621 $255,900 $0 $255,900
2016 $3,479 $239,300 $0 $239,300
2015 $3,325 $221,600 $0 $221,600
2014 $3,323 $184,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3386813

Stellar MLS

APN: 0126-10-1084