tomo logo

$619,000

Beds
3
Baths
2.0
sq ft
1,532

1526 Pelican Point Dr Unit 245, Sarasota, FL 34231

1526 Pelican Point Dr Unit 245

SARASOTA, FL 34231

  • 112 days on market
See the beautiful Little Sarasota Bay from your home every day! A light-filled and airy 3-bedroom/2-bath condo awaits you in one of Sarasota’s most popular residential communities. With its soaring cathedral ceilings, clerestory windows, generous, open floorplan, and sparkling waterfront just beyond a lush lawn and tropical plantings, it would be hard to find a more gracious home. Meticulous renovations include a premier, high capacity AC system, new water heater, luxury vinyl flooring, quarts countertops in the kitchen, and granite in both bathrooms with glass doors. Centrally located within the 75-acre, botanic garden-like setting of Pelican Cove, this second floor unit is a quick walk to the main resort-style heated pool at the historic Wilbanks clubhouse that serves as host for music concerts and events. Across the way is a picturesque 87-boat slip harbor. A charming gated community that has it all; Pelican Cove residents enjoy a unique blend of natural habitats and well-maintained landscaping, miles of scenic walking and biking trails, a fitness room, pickleball courts, and lighted tennis courts, as well as multiple other recreational and cultural venues/activities. The unit comes with a carport space and storage shed, while the grounds and building exterior maintenance are covered by the HOA fees. A sweet, sweet bonus: all furnishings shown in the listing are included in the sale.

Details

Property type

Condominium

Est. home value

$623,691

Lot size

8.83 acres

Price per sq ft

$405

Year built

1976

Annual property taxes

$4,855.28

Monthly HOA fee

$885

Price History

03/13/2024
StellarMLS

StellarMLS #A4603188

Listed
$619,000
+30.32%
07/30/2021
StellarMLS

StellarMLS #A4488154

Sold
$475,000
+58.33%
05/01/2017
StellarMLS

StellarMLS #A4175965

Sold
$300,000

Schools & Community

Neighborhood: 

Vamo

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Fitness Center, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$213,338
Asking price
$619,000
Closing costs (~8% of asking)
-$49,520
Est. remaining loan balance
-$356,142
Cash to seller
$213,338

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

July 2021

Original loan amount

$380,000

Est. remaining balance

$356,142

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Terrence Chester Reid and Shoko Uda Reid

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/03/2024 at 10:10 AM

Listing updated: 03/23/2024 at 7:03 AM

Listed by: Judy Limekiller, COLDWELL BANKER SARASOTA CENT. Phone #: (941) 487-5600

MLS: StellarMLS #A4603188

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