1520 Pelican Point DRIVE, #251, Sarasota, FL, 34231 | $499,000

It's all about the view and what a view it is!!
This rarely available second-floor waterfront condo boasts one of the most breathtaking views in all of Pelican Cove. Sit back from the comfort of your air-conditioned lanai as Osprey, Pelicans, and Eagles dive for their dinner or Blue Heron and White Egrets stalk the shoreline. On any given day you’ll encounter a pod of Dolphin or Manatee as they show up to play just outside of your window. Facing Southwest you will catch the glow of sunsets in the evening and soak up everything Southwest Florida has to offer.
The home itself features Italian porcelain tiles throughout, vaulted ceilings, and a bright and open living area leading to floor-to-ceiling sliders facing the glistening waters of Little Sarasota Bay. The kitchen has also been remodeled and features all-white Italian-style cabinets, Cambria quartz countertops, a counter depth Summit Professional stainless steel refrigerator, and a Fisher & Paykel stainless steel oven.
The bath features a waterfall faucet and a generous walk-in shower, while the primary bedroom provides wall-to-wall closets and a slider leading to your private balcony. To top it off, this unit also has one of the LOWEST FEES in all of Pelican Cove.
Just minutes from the world-famous Siesta Key Beach, restaurants, and shopping, this centrally located unit is just a few steps from the main resort-style heated pool or a short walk to the 86-slip boat harbor and launch dock for kayaks and canoes. Other amenities within the gated 75-acre community include 5 additional pools, hot tubs, 3 clubhouses, 4 lighted tennis courts, pickleball, shuffleboard, basketball, a dog walk area, 5 miles of walking trails, and boardwalks as well as fishing gazebos, exercise facilities, art studios, and more than 37 clubs.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Electric Dryer Hookup, Washer Hookup
  • Complex: PELICAN COVE
  • Year Built: 1976
  • Common Charge: $536 Monthly
  • Approx Sq. Feet: 937
  • Est. Taxes: $3,727
  • Elem. School: Gulf Gate Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Built-In Oven, Cooktop, Disposal, Dryer, Electric Water Heater, Microwave, Washer
  • MLS#: A4622260
  • Days on Market: 46 days
  • Website: https://www.raveis.com
    /prop/A4622260/1520pelicanpointdrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/4/2024 3:47:07 PM)
Listing courtesy of JOHN HARDING REALTY   Phone: 941-777-3007

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1520 Pelican Point DRIVE, #251, Sarasota, FL, 34231

$499,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $399,200 $399,200 $399,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment $311 $311 $311
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,656 $2,653 $3,367
Total Monthly Payment $3,042 $3,039 $3,753

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.