2415 Pelican Drive Sarasota, FL 34237

$480,000
3
Beds
2
Baths
0.23
Acres
1,494
SQFT
321
$/SQFT
$480,000
3
Beds
2
Baths
1,494   sf
$321 / sf
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Sarasota
  • Area
    34237 - Sarasota
  • Tax Amount
    $4,460
  • Status
    Active
  • Listing #
    A4659633
  • Built
    1950
  • Lot Size
    0.23
  • Listed on site
    342 days

Listed by:
Coldwell Banker Realty

Source:
StellarMLS

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Property details

Community Features

  • No HOA
  • Rental Restrictions - No Minimum

Property Features

  • Sewer
  • Has Virtual Tour

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning
  • Wood Floors
  • Laundry Hookup
  • Washer Dryer In Unit

Style

  • A-Frame

Financing

  • None

Property History

DateDays AgoEventNew Price
May 18, 20262 mos agoPrice decreased39,000 (8%)$480,000
Apr 8, 20263 mos agoPrice decreased10,000 (2%)$519,000
Feb 10, 20265 mos agoPrice decreased20,000 (4%)$529,000
Oct 8, 202510 mos agoPrice decreased49,000 (8%)$549,000
Aug 12, 202511 mos agoNew on market$598,000
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