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For sale
  • Price cut: $39K (5/18)
    $480,000

    2415 PELICAN DRIVE, SARASOTA, FL 34237

    3beds
    1,494sqft
    : 
    $3,054/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    10,200 Square Feet Lot
    $455,400 Zestimate®
    $321/sqft
    $-- HOA

    What's special

    Expansive corner lotOriginal wood floorsDelightful lanai-style sitting roomGenerously sized closets
    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.
    357 days
    |
    231
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ingrid Caruso 941-539-6233,

    COLDWELL BANKER REALTY 941-349-4411

    Source: Stellar MLS,MLS#: A4659633MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 196 Square Feet
      • Dimensions: 14x14
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Area: 115.5 Square Feet
      • Dimensions: 11x10.5
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      • Area: 192 Square Feet
      • Dimensions: 12x16
      Balcony porch lanai
      • Features: No Closet
      • Level: First
      • Area: 121 Square Feet
      • Dimensions: 11x11
      Balcony porch lanai
      • Features: No Closet
      • Level: First
      • Area: 176 Square Feet
      • Dimensions: 16x11
      Den
      • Features: Built-In Shelving, No Closet
      • Level: First
      • Area: 92 Square Feet
      • Dimensions: 8x11.5
      Kitchen
      • Features: Linen Closet
      • Level: First
      • Area: 42 Square Feet
      • Dimensions: 7x6
      Kitchen
      • Features: Kitchen Island, No Closet
      • Level: First
      • Area: 154 Square Feet
      • Dimensions: 14x11
      Living room
      • Features: No Closet
      • Level: First
      • Area: 216 Square Feet
      • Dimensions: 16x13.5
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Range, Refrigerator, Washer
      • Laundry: Outside
      Features
      • Eating Space In Kitchen, Thermostat
      • Flooring: Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 2,188
      • Total interior livable area: 1,494 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Carport
      • Carport spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Rain Gutters
      Lot
      • Size: 10,200 Square Feet
      • Dimensions: 75 x 136
      Details
      • Parcel number: 2029100071
      • Zoning: RSF3
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame
      • Foundation: Crawlspace
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1950

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: TERRACE GARDENS
      HOA
      • Has HOA: No
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $321/sqft
      • Tax assessed value: $341,300
      • Annual tax amount: $4,460
      • Date on market: 8/12/2025
      • Cumulative days on market: 347 days
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $455,400

        $433,000 - $478,000

        $2,638/mo

        Price history

        DateEventPrice
        7/7/2026Listed for sale$480,000$321/sqft
        Source: Stellar MLS #A4659633 Report a problem
        6/27/2026Pending sale$480,000$321/sqft
        Source: Stellar MLS #A4659633 Report a problem
        5/18/2026Price change$480,000-7.5%$321/sqft
        Source: Stellar MLS #A4650716 Report a problem
        4/8/2026Price change$519,000-1.9%$347/sqft
        Source: Stellar MLS #A4650716 Report a problem
        2/10/2026Price change$529,000-3.6%$354/sqft
        Source: Stellar MLS #A4650716 Report a problem
        10/8/2025Price change$549,000-8.2%$367/sqft
        Source: Stellar MLS #A4650716 Report a problem
        4/30/2025Listed for sale$598,000+154.5%$400/sqft
        Source: Stellar MLS #A4650716 Report a problem
        12/11/2023Listing removed--
        Source: Zillow Rentals Report a problem
        12/8/2023Price change$1,995-4.8%$1/sqft
        Source: Zillow Rentals Report a problem
        12/5/2023Listed for rent$2,095+61.8%$1/sqft
        Source: Zillow Rentals Report a problem
        2/10/2019Listing removed$1,295$1/sqft
        Source: PropM, Inc. Report a problem
        2/8/2019Listed for rent$1,295+17.7%$1/sqft
        Source: PropM, Inc. Report a problem
        11/14/2018Sold$235,000-4.1%$157/sqft
        Source: Public Record Report a problem
        10/31/2018Pending sale$245,000$164/sqft
        Source: Keller Williams on the Water - Sarasota #A4417049 Report a problem
        10/26/2018Listed for sale$245,000+76.9%$164/sqft
        Source: Keller Williams on the Water - Sarasota #A4417049 Report a problem
        12/25/2017Listing removed$1,100$1/sqft
        Source: Owner Report a problem
        11/23/2017Listed for rent$1,100$1/sqft
        Source: Owner Report a problem
        12/4/2009Sold$138,500-7.6%$93/sqft
        Source: Public Record Report a problem
        11/14/2009Listed for sale$149,900$100/sqft
        Source: RE/MAX Alliance Group (Webber St. Office) #A3912469 Report a problem
        10/16/2009Listing removed$149,900$100/sqft
        Source: RE/MAX Alliance Group #A3912469 Report a problem
        8/27/2009Listed for sale$149,900+89.7%$100/sqft
        Source: RE/MAX Alliance Group #A3912469 Report a problem
        10/31/1997Sold$79,000+8.2%$53/sqft
        Source: Public Record Report a problem
        8/16/1996Sold$73,000-2.7%$49/sqft
        Source: Public Record Report a problem
        11/2/1994Sold$75,000$50/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,834 +8.4%$270,405 +10%
        2024$4,460 -2.2%$245,823 +10%
        2023$4,563 +21.6%$223,475 +10%
        2022$3,752 +19.5%$203,159 +10%
        2021$3,141 +7.8%$184,690 +10%
        2020$2,914 +1.1%$167,900 +0.8%
        2019$2,883 $166,500 -4.2%
        2018$2,883 -6.1%$173,800 -4%
        2017$3,071 +9.3%$180,963 -1.6%
        2016$2,809 $183,900 +13.9%
        2015$2,809 +9.8%$161,400 +30.6%
        2014$2,557 +9.9%$123,600
        2013$2,326 +95.7%$123,600 +29.4%
        2012$1,189 -10.8%$95,500 -5%
        2011$1,333 -6%$100,500 -4%
        2010$1,419 -44.5%$104,700 -15.2%
        2009$2,557 $123,400 -12.8%
        2008$2,557 -29.7%$141,500 -32.2%
        2007$3,638 $208,700 -1.6%
        2006-- $212,000 +49.8%
        2005-- $141,500 +8.9%
        2004$2,626 +16.5%$129,900 +23.5%
        2003$2,255 +12.2%$105,200 +17.7%
        2002$2,009 +18.6%$89,400 +16.3%
        2001$1,695 +8.4%$76,900 +10.5%
        2000$1,563 $69,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Terrace Gardens

        Getting around

        57 / 100
        Somewhat Walkable
        37 / 100
        Some Transit
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Alta Vista Elementary
        • Middle: Booker Middle
        • High: Sarasota High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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