- 3 beds
- 2 baths
- 1,397 sqft
2415 Pelican DriveSarasota, FL, 34237
- Price per sqft
- $321
- Days on market
- 435
- Listed
- Aug 13, 2025
- Last reduction
- −$39,000
- May 18, 2026
About this property
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.
Top Villas Intelligence
Projected rental revenue and ownership costs
Property details
- Property type
- Single Family Residence
- Street address
- 2415 Pelican Drive
- City
- Sarasota
- State
- FL
- ZIP code
- 34237
- Year built
- 1950
- New construction
- No
- Faces
- North
- Rooms
- 9
- Building stories
- 1
- Living area
- 1,494 sqft
- Total building area
- 2,188 sqft
- Levels
- One
Price & sale history
Asking price reduced by $118,000 (19.7%) since first listed.
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| Price reducedMLS #A4659633 | $480,000Change: −19.7%−$118,000 | −19.7%−$118,000 | |
| Listed for saleMLS #A4659633 | $598,000 | Not applicable |
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