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.
For sale
Price cut: $39K (5/18)
$480,000
2415 PELICAN DRIVE, SARASOTA, FL 34237
3beds
1,494sqft
:
Get pre-qualified$3,054/mo
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
- 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#: A4659633
Originating 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
Zestimate®
$455,400
Estimated sales range
$433,000 - $478,000
Rent Zestimate®
$2,638/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Listed for sale | $480,000$321/sqft |
Source: | ||
| 6/27/2026 | Pending sale | $480,000$321/sqft |
Source: | ||
| 5/18/2026 | Price change | $480,000-7.5%$321/sqft |
Source: | ||
| 4/8/2026 | Price change | $519,000-1.9%$347/sqft |
Source: | ||
| 2/10/2026 | Price change | $529,000-3.6%$354/sqft |
Source: | ||
| 10/8/2025 | Price change | $549,000-8.2%$367/sqft |
Source: | ||
| 4/30/2025 | Listed for sale | $598,000+154.5%$400/sqft |
Source: | ||
| 12/11/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/8/2023 | Price change | $1,995-4.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/5/2023 | Listed for rent | $2,095+61.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/10/2019 | Listing removed | $1,295$1/sqft |
Source: PropM, Inc. Report a problem | ||
| 2/8/2019 | Listed for rent | $1,295+17.7%$1/sqft |
Source: PropM, Inc. Report a problem | ||
| 11/14/2018 | Sold | $235,000-4.1%$157/sqft |
Source: Public Record Report a problem | ||
| 10/31/2018 | Pending sale | $245,000$164/sqft |
Source: Keller Williams on the Water - Sarasota #A4417049 Report a problem | ||
| 10/26/2018 | Listed for sale | $245,000+76.9%$164/sqft |
Source: Keller Williams on the Water - Sarasota #A4417049 Report a problem | ||
| 12/25/2017 | Listing removed | $1,100$1/sqft |
Source: Owner Report a problem | ||
| 11/23/2017 | Listed for rent | $1,100$1/sqft |
Source: Owner Report a problem | ||
| 12/4/2009 | Sold | $138,500-7.6%$93/sqft |
Source: Public Record Report a problem | ||
| 11/14/2009 | Listed for sale | $149,900$100/sqft |
Source: RE/MAX Alliance Group (Webber St. Office) #A3912469 Report a problem | ||
| 10/16/2009 | Listing removed | $149,900$100/sqft |
Source: RE/MAX Alliance Group #A3912469 Report a problem | ||
| 8/27/2009 | Listed for sale | $149,900+89.7%$100/sqft |
Source: RE/MAX Alliance Group #A3912469 Report a problem | ||
| 10/31/1997 | Sold | $79,000+8.2%$53/sqft |
Source: Public Record Report a problem | ||
| 8/16/1996 | Sold | $73,000-2.7%$49/sqft |
Source: Public Record Report a problem | ||
| 11/2/1994 | Sold | $75,000$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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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Neighborhood: Terrace Gardens
Nearby schools
GreatSchools rating
- 7/10Alta Vista Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Booker Middle SchoolGrades: 6-8Distance: 2.4 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 0.7 mi
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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