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2415 Pelican Dr, Sarasota, FL, 34237

$321/sqft·Terrace Gardens

3 bd2 ba1,494 sqftSingle Family
Listed by COLDWELL BANKER REALTY· Last updated · MLS# A4659633

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Est. monthly payment
$3,115/mo
Down payment (20%)
$96,000
Property taxes
$372/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 1950
10,200 sqft lot
Lot size
1,494 sqft
Living area

About this home

Eat-in KitchenThermostatRain GuttersDryerRangeRefrigeratorWasher

2415 Pelican Dr is a 1950-built home in Terrace Gardens, Sarasota. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,494 square feet of living space. Listed at $480,000 (about $321/sqft), 332 days on market. Flood zone x500 - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Charming 1950s Florida Ranch-Style Home with Separate One-Bedroom Apartment in Sought-After Terrace Gardens! Don’t miss this rare opportunity to own a classic mid-century Florida ranch home in the desirable Terrace Gardens community. Situated on an expansive corner lot, this single-family residence offers exceptional flexibility, income potential, and future development possibilities. The main home features 2 bedrooms and 1 bath, showcasing original wood floors in the bedrooms, generously sized closets, and a delightful lanai-style sitting room perfect for relaxing. A beautifully carved-out one-bedroom, one-bath apartment provides a private space ideal for guests, extended family, or rental income—both units are currently rented. Whether you're looking to generate income immediately or envision building your dream home in a neighborhood filled with new construction, this property offers endless possibilities. Enjoy the unbeatable location: bike the nearby Legacy Trail, explore downtown’s vibrant restaurants and cultural scene, play at Payne Park, or spend the day at the beach—all just minutes away.

The essentials

Built
1950
Price / sqft
$321
On market
395 days
Annual tax
$4,460
Flood zone
X500 · Low risk
Lot
10,200 sqft
Type
Single Family Residence

Location

2415 Pelican Dr
Sarasota, FL, 34237·34237 - Sarasota
Type
Single Family Residence
Year Built
1950
Lot
10,200 sqft
Cooling
Central Air
Heating
Electric
Parking
-
Days on Market
395
Eat-in Kitchen
Thermostat
Rain Gutters
Dryer
Range
Refrigerator
Washer

Elementary

Alta Vista Elementary

Middle

Booker Middle

High

Sarasota High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone x500

Annual Tax (2024)

$4,460

Parcel #

2029100071

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Terrace Gardens

County

Sarasota

MLS Area

34237 - Sarasota

Lot Size

10,200 sqft

Date
Event
Price
5/18/2026
Price change
Source: Stellar MLS #A4659633
$480,000-7.5%
$321/sqft
Price change
Source: Stellar MLS #A4659633
$519,000-13.2%
$347/sqft
8/12/2025
Listed for sale
Source: Stellar MLS #A4659633
$598,000
$400/sqft
Est. monthly payment$3,115/mo
Principal & interest$2,503
Property taxes$372
Insurance$240
Down payment20% · $96,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $480,000
$465,000 – $480,000
96.8% – 100% of listTops out right at the list price
80% of listList price
24 of the last 46 home closings in 34237 landed at this number or higher (52%). The median one sat 46 days before it went under contract, and this one is on day 395 after a $118,000 cut.

Sample: 46 closed home sales in 34237 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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