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Map of Pelican Cove
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Neighborhood · Sarasota, Florida

Pelican Cove

Gated waterfront living on Sarasota's southern bayfront

15

Homes for sale

$330,000

Median list price

$320

Avg price / sqft

8

Median days on market

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Pelican Cove is a gated, boater-friendly community tucked along the bay in south Sarasota, where mature landscaping, walking paths, and a harbor of protected slips set the tone. It's a place built around the water and a quiet, connected pace of life — a contrast to the buzz of the Rosemary District or the beach-town energy of Lido Key, yet close enough to enjoy both when you want them.

For buyers, the market here moves quickly and reads mid-market by Sarasota standards. There are 15 active listings with a median list price of $330,000, and homes are going under contract in a median of just 8 days. If you're weighing Pelican Cove against nearby options like Arlington Park or the wider slate of Sarasota homes for sale, the trade-off is straightforward: a gated waterfront lifestyle at a condo-scale price, with an HOA that funds it all.

Pelican Cove is a community in Sarasota, Florida.

Quick facts

$240,000$530K price range

1,283 sqft median home

$771/mo median HOA

$2,000/mo median rent

48 sold in 12 months

Drive times

Downtown Tampa73 min

On the market now

Homes for sale in Pelican Cove

View all 15

Every active listing inside the Pelican Cove boundary

Open full map search →

Find your fit

Browse Pelican Cove

By feature — on the live map

Where the market lives

2
9
3
1
$200K–$300K$300K–$400K$400K–$500K$500K–$750K

The numbers that matter

The Pelican Cove market

48

Sold, last 12 months

$348,750

Median sold price

93%

Sale-to-list ratio

What sellers actually get vs asking

57 days

Median time to sell

Pelican Cove vs Sarasota

Median list price

Pelican Cove$330K
Sarasota Co.$559K

Price per sqft

Pelican Cove$320
Sarasota Co.$495

Days on market

Pelican Cove8d
Sarasota Co.63d

Median sold price — 3-yr, 3-mo rolling

20.0% yr/yr

$240K$407K$575KAug ’23Jul ’26

Homes sold per month

0612Apr ’24Jul ’26

Live Stellar MLS data — every listing and closed sale inside the Pelican Cove boundary. Rolling medians smooth single-month swings in small communities.

For the school run

Schools Pelican Cove is zoned for

Attendance boundaries overlapping this community — always verify zoning with the district.

What it really costs

Owning here

Owning the median Pelican Cove home

$3,010/mo

Principal & interest $1,739
Property tax $290
HOA / fees $771
Insurance (est.) $210

$330,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

$771/mo

Median HOA

From current listings inside the boundary

$2,000/mo

Median rent

Homes for rent inside the boundary

Population

907

Median age

65

Median income

$106,943

Median home value

$426,332

Beyond the listings

Living in Pelican Cove

Appearance oriented

Top 10% in the U.S.

Trend Trackers

This population lives as fast as the culture. They like to keep up with the latest trends, especially when it comes to apparel and accessories.

Culture

Top 11% in the U.S.

Sites to See

This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.

Hobbies & Interests

Top 17% in the U.S.

Dog Lovers

Pups are just another member of the family. Dog lovers adore their tail-wagging friends and are looking for new ways to make them happy.

Lifestyles

Top 17% in the U.S.

Wealth Signaling

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Hobbies & Interests

Top 18% in the U.S.

Animal Advocates

Passionate about animal welfare, this population wants to know how best to care for their own pets (with toys and training) and help other animals find their fur-ever home.

Beliefs

Top 20% in the U.S.

Local Engagement

These citizens want to make their neighborhood a better, more beautiful place to live. They're attentive to the needs and affairs of the local community.

Straight answers

Pelican Cove FAQs

Is Pelican Cove a good place to live?+

It's a gated, waterfront community with a boating harbor and quiet, walkable grounds, which appeals to buyers who want a low-maintenance coastal lifestyle. Assigned schools include Gulf Gate Elementary, Brookside Middle, and Riverview High. You're also a short drive from the beaches of Lido Key and Sarasota's cultural core.

Is Pelican Cove expensive?+

Compared to much of coastal Sarasota, it's approachable: the median list price is $330,000 and active homes range from $240,000 to $529,800. There are currently no listings above $1M, so this is a mid-market community rather than a luxury enclave.

What do homes cost in Pelican Cove?+

The median list price is $330,000, and homes average about $320 per square foot on a median size of 1,283 square feet. Over the last 12 months, 48 homes sold at a median price of $348,750.

How is the market right now?+

It's active and quick — 15 homes are listed and the median days on market is just 8. Sellers are getting about 93% of asking on average, so well-priced homes move fast and there's modest room to negotiate.

What about HOA fees and property taxes?+

The median HOA runs $771 per month, which is typical for a gated waterfront community with shared grounds and harbor amenities. Median property taxes are about $3,478 per year, and if you're comparing rentals, the median rent here is around $2,000 per month.

Keep exploring

More Sarasota neighborhoods

Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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