Pelican Cove Xii in Sarasota

Pelican Cove Xii
Homes for Sale in Sarasota, FL

All 2,742 homes for sale in Sarasota, FL · median $554,895 · 929 condos for sale in Sarasota · 271 homes for sale in 34231 · Sarasota County homes for sale

Community in Sarasota · Sarasota County · ZIP 34231
Median sale $508K
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Built fromLive Stellar MLS data16 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-08-02, 4 recorded sales closed at a median of $508,000, $308 per square foot, a median 42 days on market, sellers accepting 94% of original asking. Homes listed or recently sold were built 1979–1980; 3 of 5 report an HOA (median $907/mo); none of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 7 ft). At the median price and Sarasota County's FY2025-26 rate of 13.48 mills, annual property tax runs about $6,850 ($6,310 with the full homestead exemption).

Part of Pelican Cove, Sarasota, FL — see all Pelican Cove homes for sale (9 listings across 4 sections in the MLS).

Live · Pelican Cove Xii Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$508K
Median sold · 12 mo
$308/sf
Sold $/sqft · 12 mo
peak $391 in 2022
93.7%
Sale vs ask
Tempo
43days
Median DOM · closed
6 days at the 2022 low
0 · 0
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
0%
Owner-occupied · Pelican Cove Xii
0 of 1 parcels homesteaded (FL DOR 2025)
100%
Non-owner-occupied · Pelican Cove Xii
incl. 0% trust or LLC-held · 0% out-of-state
100%
Cash buyers · Pelican Cove Xii
4 of 4 sales, 12 mo ending June 2026
Track record · 16 years of records
2
Failed listings · 2026
peaked at 5 in 2010
1,684sqft
Median sold home size
12-mo windows, closed sales

Nearby homes for sale

No active listings inside PELICAN COVE XII 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.

1275 PORT LANE
$2.80M · 0.2 mi away
3 bd · 3 ba · 3,104 sqft
1275 PORT LANE
Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY
1249 S BASIN LANE
$8.95M · 0.3 mi away
6 bd · 7 ba · 10,642 sqft
1249 S BASIN LANE
Listed by MICHAEL SAUNDERS & COMPANY
1267 STARBOARD LANE
$2.75M · 0.3 mi away
2 bd · 2.5 ba · 2,510 sqft
1267 STARBOARD LANE
Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY
1253 N BASIN LANE
$3.29M · 0.3 mi away
4 bd · 4 ba · 3,464 sqft
1253 N BASIN LANE
Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY
1541 CARIBBEAN DRIVE
$4.95M · 0.3 mi away
5 bd · 5 ba · 6,035 sqft
1541 CARIBBEAN DRIVE
Listed by COLDWELL BANKER REALTY
1549 CARIBBEAN DRIVE
$2.75M · 0.3 mi away
3 bd · 2 ba · 2,599 sqft
1549 CARIBBEAN DRIVE
Listed by COLDWELL BANKER REALTY

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Pelican Cove Xii market snapshot (as of August 2, 2026): the median sale price is about $508K ($308 per sq ft over the trailing 12 months of closed sales), and a median 43 days on market for closed sales.

In ZIP 34231 (Sarasota), 256 homes closed in the last 12 months at a median of $390K ($269/sq ft), down 2.5% year over year, with a median 44 days on market. Right now 4 active and 1 pending listings put supply at about 3.0 months - a balanced market. See the live ZIP 34231 housing market and the Sarasota County market.

Stellar MLS sales records identify 25 homes in PELICAN Cove XII that have changed hands since 2012, built between 1979 and 1980 (median 1980), with a median living area of about 1,320 sq ft and a typical 3-bedroom, 2-bath layout; 100% 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.

Windows contain 0 to 5 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2010 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 5 a year; 4 in the current window.
Sellers who gave up · failed listings per year
0242008201020122018202020242026
Canceled, expired, or withdrawn. 5 quit in 2010; 2 so far in 2026. The clearest stress gauge a community has.
How much local inventory is already under contract

36% of homes for sale in ZIP 34231 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-11-02).

Pelican Cove Xii Market Scorecard

Balanced

Pelican Cove Xii is currently a balanced market., and homes go under contract in about 230 days.

$508,000
Median sold
$341
List $/sqft
230
Days on mkt
1/0/4
Active/Pend/Sold 12 mo

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Pelican Cove Xii

Live MLS inventory for Pelican Cove Xii. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Pelican Cove Xii listings as of 2026-10-30, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2010 through 2026. Tap any home to ask about it.

Every Home for Sale in Pelican Cove Xii Right Now (1)

All 1 active and pending Pelican Cove Xii listings with a detail page, newest first, refreshed twice a day from the MLS.

Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.

Schools

In short
  • 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 Xii 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 Xii address.

Recent Developments in Pelican Cove Xii

Development, infrastructure, retail, and school activity affecting Pelican Cove Xii, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.

Dev Momentum71/100 · High
  1. October 2026
    Development

    Proposed 324-unit 1899 Fruitville apartment project in downtown Sarasota falls through

    A plan by Bristol Development Group for 324 apartments, called 1899 Fruitville, near Fruitville Road and Washington Boulevard is no longer moving forward. Landlords told tenant business owners the project was voided. It had partial city approvals and was reportedly close to final permitting.

    What it may mean for the marketThe loss of 324 planned apartments removes expected rental supply near downtown Sarasota and leaves the cottage commercial cluster in place for now. The project is about 8 miles north of Pelican Cove Xii, elsewhere in Sarasota County.

    Source: WWSB ABC7 Sarasota
  2. September 2026
    Infrastructure

    Sarasota Memorial plans outpatient cancer center expansion in Venice, targeted for 2028

    Sarasota Memorial plans an outpatient cancer center in Venice expanding the Brian D. Jellison Cancer Institute, which opened in 2020. The first floor would hold radiation oncology, clinics, infusion and imaging, with a shelled second floor and a third floor for endoscopy and gastroenterology. Preliminary work has begun and the build-out is planned for 2028, pending permits.

    What it may mean for the marketAdded oncology and outpatient capacity in Venice would improve healthcare access and create medical jobs in south Sarasota County. The site is about 10 miles south of Pelican Cove Xii.

    Source: Sarasota Magazine
  3. September 2026
    Civic

    Sarasota County opens new $100 million administration building at 1 Apex Road

    Sarasota County moved operations into a 121,160 square foot administration building at 1 Apex Road off I-75. It replaces the former building on Ringling Boulevard downtown, which was sold to a developer for about $25 million. Total cost was about $100.15 million, including more than $22 million from a voter-approved surtax.

    What it may mean for the marketRelocating county services to the I-75 corridor shifts daily government traffic away from downtown and frees the Ringling Boulevard site for redevelopment. The project is about 9 miles northeast of Pelican Cove Xii, elsewhere in Sarasota County.

    Source: WWSB ABC7 Sarasota
  4. July 2026
    Parks & Amenities

    North Port breaks ground on $16.7M Warm Mineral Springs renovation

    North Port leaders began construction on a 16.7 million dollar rehabilitation of Warm Mineral Springs Park, focused on restoring three historic buildings including the Admission Building and the Spa Building. Work is expected to take about 16 months with a potential reopening in late 2027.

    What it may mean for the marketRenovating a historic public park upgrades civic amenities and preserves a longstanding attraction while the site is temporarily under construction. The project is about 19 miles southeast of Pelican Cove Xii, elsewhere in Sarasota County.

    Source: MySuncoast (ABC7)
  5. July 2026
    Parks & Amenities

    Nathan Benderson Park expansion targets year-round use with new indoor facility

    Nathan Benderson Park will add an indoor facility with about 100,000 square feet of hardwood courts for volleyball, basketball, gymnastics and pickleball, plus a new boathouse and storm resilient event space on Regatta Island, funded by 10 million dollars in Florida's 2026 to 2027 budget. Groundbreaking is planned for fall 2026 with completion targeted for August 2028.

    What it may mean for the marketAn indoor sports and event venue expands year round recreational capacity and adds a storm resilient facility at an established regional park in Sarasota County. The project is about 12 miles north of Pelican Cove Xii, elsewhere in Sarasota County.

    Source: MySuncoast (ABC7)

Development alerts for Pelican Cove XiiGet a short monthly email when something new is approved, funded, or opens near Pelican Cove Xii.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Pelican Cove Xii today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Xii.

A closer look at the Pelican Cove Xii market

At a median of $308 per square foot, Pelican Cove Xii prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

“

The location and the amenities are priced into every listing in Pelican Cove Xii. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Pelican Cove Xii sales matched to your home.

What is your Pelican Cove Xii home worth?

Get a no-obligation home value based on real comparable sales in Pelican Cove Xii, 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 →

Real comps, not an automated estimate.
Pelican Cove Xii key facts
LocationSarasota, Sarasota County, FL · ZIP 34231
Homes in the community1 (FL DOR 2025 assessment roll)
Home types (current listings and sales)condos 100%
Amenities listed by sellersBuyer Approval Required, Deed Restrictions, No Truck/RV/Motorcycle Parking, Tennis Court(s), Fitness Center, Irrigation-Reclaimed Water
Sale prices, last 12 months$508,000 median across 4 closed sales · $308 per sq ft
Days on market (closed sales)42 median
For sale right now0 active, 0 pending
Owner-occupied (homestead) share0%
Zoned public schoolsSarasota County Public Schools (verify by address); Confirm zoned elementary, middle, and high; Magnet and choice options may apply

Data as of August 2, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2010 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Pelican Cove Xii key facts,” movewithmomentum.com/neighborhoods/pelican-cove-xii, data as of August 2, 2026.

Housing distress & ownership in PELICAN COVE XII, Sarasota

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 15 listings
Distress share trend - 0.0% now (2026-08-10 → 2026-10-28)

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.

What it really costs to own in Pelican Cove Xii

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

HOA duesMedian $907/month across 3 MLS listings (most billed monthly; 2026-11-02). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe average Citizens Property Insurance premium in Sarasota County is $2,126/yr (4,849 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction.
Roof and ageMedian build year 1980 across 5 listings. An original roof here would be about 46 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails.

Email me new listings in Pelican Cove Xii

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.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Pelican Cove Xii

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Pelican Cove Xii will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Frequently Asked Questions

What is the median home price in Pelican Cove Xii?
The median sale price in Pelican Cove Xii was $508K over the 12 months ending August 2, 2026 (4 closed sales, Stellar MLS).
How long do homes in Pelican Cove Xii take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 43 days on market (4 sales, Stellar MLS).
What share of Pelican Cove Xii is owner-occupied?
0% of Pelican Cove Xii parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
Do cash buyers compete in Pelican Cove Xii?
Cash buyers took 100% of Pelican Cove Xii sales in the 12 months ending June 2026 (4 of 4 closings, Stellar MLS).
What schools serve Pelican Cove Xii?
Pelican Cove Xii is served by Sarasota County Public Schools, typically Sarasota County Public Schools (verify by address) and Confirm zoned elementary, middle, and high. Confirm the exact zoning by address with the district.
Who is the best real estate agent for Pelican Cove Xii?
The best agent for Pelican Cove Xii is one who actively works Sarasota and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Pelican Cove Xii.
How do I find a top Sarasota real estate agent who knows Pelican Cove Xii?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Pelican Cove Xii and the wider Sarasota area.
Can Momentum Realty connect me with an agent for Pelican Cove Xii?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Pelican Cove Xii purchase or sale - no call center and no pressure.
Where is Pelican Cove Xii, and what county is it in?
Pelican Cove Xii is in Sarasota, Sarasota County, FL, ZIP 34231.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: October 30, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR assessment roll (community parcel extract)
Under-contract sharesStellar MLS records, as of 2026-08-01
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2010 (21 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. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.

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