About This Home

This 3-bedroom, 0-bathroom multi-family at 2415 PELICAN DRIVE in Sarasota, FL is listed for $480,000 ($321 per sqft). Built in 1950, the home offers 1,494 sqft of living space on a 0.23 acres lot.

Key Features

  • Built in 1950
  • 0.23 acre lot

Property Details

1950
Listing Description

Charming 1950s Florida Ranch-Style Duplex in Sought-After Terrace Gardens! Don't miss this rare opportunity to own a classic mid-century Florida ranch home, smartly divided into two separate units in the desirable Terrace Gardens community. Situated on an expansive corner lot, this property offers flexibility, income potential, and future development possibilities. Unit 2415 features 2 bedrooms and 1 bath, while Unit 2417 offers 1 bedroom and 1 bath—both currently rented. Inside, you'll find original wood floors in the bedrooms, generously sized closets, and a delightful lanai-style sitting room perfect for relaxing.

Whether you're looking to generate rental income right away or dreaming of building your own custom home in a growing neighborhood filled with new construction, this property offers many options. Enjoy the lifestyle that comes with this prime 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.

Monthly Cost Estimate

$2,567/mo

20% down · 6.5% · 30 years

Principal$347
Interest$2,080
Insurance$140

Estimates only. Actual payments may vary.

Location

2415 PELICAN DRIVE

Sarasota, FL 34237

TERRACE GARDENS

Features & Amenities

Interior Features

Built-in Features

Exterior Features

Corner LotRain GuttersSidewalk

Property Details

Construction

FrameWood Siding

Parking

CarportCoveredDriveway

Heating

CentralDuctless (Heating)Electric (Heating)

Cooling

Central Air

Appliances

CooktopDishwasherDryerRangeRefrigeratorWasher

Questions & Answers

This 3-bedroom, 0-bathroom multi-family at 2415 PELICAN DRIVE is listed at $480,000 ($321/sqft). The estimated monthly payment is $2,567 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.23 acre lot. Interior Features: Built-in Features. Exterior Features: Corner Lot, Rain Gutters, Sidewalk.

This property is listed by Ingrid Caruso and can be reached at 9415396233.

IC

Ingrid Caruso

Agent at COLDWELL BANKER REALTY

(941) 539-6233

Listed by COLDWELL BANKER REALTY · View on Broker Site

MLS# A4650716· Source: listhub· 398 days on market

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2415 PELICAN DRIVE, Sarasota, FL 34237

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