Pelican Cove
Homes for Sale in Sarasota, FL
All 314 homes for sale in Palm City, FL · median $649,000 · 37 condos for sale in Palm City
True comps, carrying-cost math, and listings before the portals.
Pelican Cove is a community in Palm City, FL. Across Palm City as a whole, 104 homes closed in the last 12 months at a median of $800,000, 82 median days on market, with 300 homes for sale today.
Sections of Pelican Cove in the MLS
Pelican Cove in Sarasota, FL is recorded as 3 separate subdivisions/phases in the MLS; 9 homes are for sale across them today. Each section has its own page:
- Pelican Cove Xiv · 5 for sale · 8 sold/12 mo
- Pelican Cove Xvi · 3 for sale · 6 sold/12 mo
- Pelican Cove Xii · 1 for sale · 4 sold/12 mo

Pelican Cove is a thin-data market right now. With zero active listings and only a couple of closings in the recent window, pricing here is set by whatever trades when it trades - not by a deep, competitive pool of comparables. In practice that means condition, exposure, and the specifics of a given unit drive the number far more than any neighborhood-wide trend you could chart.
For sellers, the absence of standing inventory is leverage: a buyer who wants into Pelican Cove today has nothing else here to choose from. For buyers, the posture is patience. You may wait for the right listing to surface, and when it does you will be negotiating against scarcity rather than a stack of alternatives. Neither side should lean on a headline price trend that the current sample simply cannot support.
Figures in this note are as of October 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside Pelican Cove right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Pelican Cove sits in Sarasota with no homes currently on the market and only a handful of recent closings, so this is a community you watch and move on quickly rather than browse at leisure.
Stellar MLS sales records identify 226 homes in Pelican Cove that have changed hands since 2004, built between 1975 and 1983 (median 1978), with a median living area of about 1,424 sq ft and a typical 2-bedroom, 2-bath layout; 95% are condominiums. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Pelican Cove is best for.
Best for
- Buying to hold long-term in a quiet, low-turnover Sarasota pocket
- Buyers who can wait patiently and move fast when a rare listing surfaces
- Buyers who will judge a specific home on its own condition and setting rather than a market trend
Probably not for
- Needing to purchase on a fixed, near-term timeline
- Wanting several comparable homes to tour and weigh against each other
- Buyers who require a defined set of community amenities confirmed before committing
The market around Pelican Cove
Pelican Cove is a small community — 295 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.
Across Sarasota County, 4,856 homes are active and 1,589 pending (25% under contract).
The housing mix here is 90% condominium, 10% townhouse.
In ZIP 33705 (Sarasota), 431 homes closed in the last 12 months at a median of $450K ($315/sq ft), down 1.4% year over year, with a median 51 days on market. Right now 111 active and 27 pending listings put supply at about 3.1 months - a balanced market. See the live ZIP 33705 housing market and the Pinellas County market.
ZIP and county figures describe the wider market, not Pelican Cove specifically. Momentum Research analysis of MLS records.
Schools
- Sarasota County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Sarasota County Public Schools (verify by address) · Public
- Confirm zoned elementary, middle, and high · By address
- Magnet and choice options may apply · Choice
Zoned schools reflect the assignments reported on recent Pelican Cove listings and can change; always confirm with Sarasota County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Pelican Cove address.
The Pelican Cove buying strategy.
If we were buying in Pelican Cove today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Pelican Cove.
A low-turnover pocket of Sarasota
The defining feature of Pelican Cove today is how little changes hands. Two recent closings and nothing active tells you this is a community people tend to hold, not flip. That low turnover is an asset if you plan to stay, but it narrows your window to buy and makes timing the main variable.
No amenities surfaced from current MLS listings, so we are not going to characterize what the community offers beyond what the data supports. Judge any specific home on its own merits - its layout, condition, and setting - because with so few data points, the unit in front of you matters more than the averages.
The location and the amenities are priced into every listing in Pelican Cove. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market with no active listings and a tiny closing sample, the edge is access and timing. We track Pelican Cove closely so you hear about a listing early, and we price and negotiate from the specifics of the actual home rather than a trend line the data cannot support. When something comes up, you want to already be positioned to move.
Pelican Cove in 15 seconds.
Tools for a Pelican Cove buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Pelican Cove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Pelican Cove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Pelican Cove home worth?
Get a no-obligation home value based on real comparable sales in Pelican Cove, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Sarasota →
| Location | Palm City, FL |
|---|---|
| Amenities listed by sellers | Association Recreation - Owned, Basketball Court, Buyer Approval Required, Clubhouse, Fitness Center, Gated |
| For sale right now | 0 active, 0 pending |
| Zoned public schools | Sarasota County Public Schools (verify by address); Confirm zoned elementary, middle, and high; Magnet and choice options may apply |
Data as of November 6, 2026. Based on Stellar MLS data distributed by MLS GRID. Market figures describe homes, not residents. Cite as: Momentum Realty, “Pelican Cove key facts,” movewithmomentum.com/neighborhoods/pelican-cove, data as of November 6, 2026.
Housing distress & ownership in Pelican Cove, Sarasota
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period October 2026 through October 2026. Deemed reliable but not guaranteed.
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Palm City guides & data
- Market data
- Cost of living
- Best neighborhoods
- Flood zones
- Property taxes (Martin County)
- Homestead exemption (Martin County)
- Home insurance cost
- New construction
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
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Email me new listings in Pelican Cove
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Pelican Cove
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Pelican Cove will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
Do cash buyers compete in Pelican Cove?
What schools serve Pelican Cove?
Who is the best real estate agent for Pelican Cove?
How do I find a top Sarasota real estate agent who knows Pelican Cove?
Can Momentum Realty connect me with an agent for Pelican Cove?
Where is Pelican Cove, and what county is it in?
Should you buy in Pelican Cove?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: November 2, 2026) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2004 (181 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. A Momentum agent can price yours against live local comps.
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See how Pelican Cove fits the bigger picture — live prices, inventory, and Momentum Scores:















