Pelican Cove Xvi in Sarasota

Pelican Cove Xvi
Condos for Sale in Sarasota, FL

All 2,397 homes for sale in SARASOTA, FL · median $549,000 · 822 condos for sale in SARASOTA · 235 homes for sale in 34231 · Sarasota County homes for sale

Community in Sarasota · Sarasota County · ZIP 34231
1 homesMedian sale $244K
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Live Market Pulse
41/100
Market Heat
Normal for Pelican Cove Xvi
2013 → 2026 · 84 at the 2022 peak
0 is Pelican Cove Xvi's coldest market since 2013, 100 its hottest. Today: 41. How it's scored
Built fromLive Stellar MLS data17 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-08-02, 6 recorded sales closed at a median of $243,750, $217 per square foot, a median 20 days on market, sellers accepting 97% of original asking (-11% versus the prior year). Homes listed or recently sold were built 1980 - 1980; 6 of 10 report an HOA (median $831/mo); none of the 10 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 $3,290 ($2,750 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 Xvi Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$244K ▼
Median sold · 12 mo
down 11.4% vs the prior 12 months
-11.4% ▼
1-yr price change
n = 6 and 4 sales in the two windows
$217/sf
Sold $/sqft · 12 mo
peak $335 in 2023
96.6%
Sale vs ask
Sarasota median: 93.0%
+97%
T12M median vs 2012
from a $124K median in 2012
Tempo
21days
Median DOM · closed
1 days at the 2025 low
0 · 0
For sale · pending
live counts, refreshed twice daily
6
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
0%
Owner-occupied · Pelican Cove Xvi
0 of 1 parcels homesteaded (FL DOR 2025)
100%
Non-owner-occupied · Pelican Cove Xvi
incl. 0% trust or LLC-held · 0% out-of-state
100%
Cash buyers · Pelican Cove Xvi
5 of 5 sales, 12 mo ending June 2026
1
Homes in the community
1 residential parcels (FL DOR 2025)
Track record · 17 years of records
8
Failed listings · 2026
peaked at 22 in 2010
1,161sqft
Median sold home size
12-mo windows, closed sales
600.0%/yr
Turnover rate
about 6 of 1 homes trade a year
Pelican Cove Xvi Housing Pulse · Momentum Research · as of August 2, 2026

Pelican Cove Xvi right now

🔴 Off the recent peak. The trailing-12-month median ($244K) is down 11.4% from the prior 12 months ($275K) and up 97% since 2012. With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Low (6 and 4 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 27, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Nearby homes for sale

No active listings inside PELICAN COVE XVI 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.

1761 SANDALWOOD DRIVE
$1.98M · 0.1 mi away
3 bd · 2 ba · 1,863 sqft
1761 SANDALWOOD DRIVE
Listed by MICHAEL SAUNDERS & COMPANY
1707 CARIBBEAN DRIVE
$3M · 0.2 mi away
4 bd · 3.5 ba · 5,012 sqft
1707 CARIBBEAN DRIVE
Listed by EXP REALTY LLC
1541 CARIBBEAN DRIVE
$4.95M · 0.2 mi away
5 bd · 5 ba · 6,035 sqft
1541 CARIBBEAN DRIVE
Listed by COLDWELL BANKER REALTY
1500 CARIBBEAN DRIVE
$4.25M · 0.2 mi away
4 bd · 5.5 ba · 5,222 sqft
1500 CARIBBEAN DRIVE
Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY
7503 STARFISH DRIVE
$500K · 0.3 mi away
3 bd · 2 ba · 1,383 sqft
7503 STARFISH DRIVE
Listed by REALTY EXECUTIVES GALLERY
7616 COVE TERRACE
$994K · 0.3 mi away
3 bd · 2 ba · 3,324 sqft
7616 COVE TERRACE
Listed by ANDREWS & ASSOCIATES 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 Xvi market snapshot (as of August 2, 2026): the median sale price is about $244K ($217 per sq ft over the trailing 12 months of closed sales), and a median 21 days on market for closed sales. The trailing-12-month median is down 11% from the prior 12 months and up 97% since 2012, computed from record-level Stellar MLS closed sales (6 closings in the current window).

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 62 homes in PELICAN Cove XVI that have changed hands since 2009, built between 1980 and 1980 (median 1980), with a median living area of about 1,077 sq ft and a typical 2-bedroom, 2-bath layout; 97% 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 13 sales each (6 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 2009 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$200K$300K20122014201620182020202220242026
Down 11.4% year over year; up 97% since 2012.
Every sale since 2009 · price vs size
$0$200K$400K1k1k1k2k
93 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$200$30020122014201620182020202220242026
Up from $113 in 2012 to a $335 peak in 2023; $217 now.
Median days on market · closed sales
010020020122014201620182020202220242026
1 days at the 2025 low; 21 now.
Sale price vs original ask · median
90%100%20122014201620182020202220242026
96.6% now vs Sarasota 93.0%.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 13 a year; 6 in the current window.
Indexed since 2012 · Pelican Cove Xvi vs Sarasota
100200300Sarasota +184%Pelican Cove Xvi +97%20122014201620182020202220242026
Same Stellar MLS record, indexed to 100 at 2012.
Sellers who gave up · failed listings per year
010202012202020242026
Canceled, expired, or withdrawn. 22 quit in 2010; 8 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning20142018202220242026
84 at the 2022 peak, 23 in the troughs, 41 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Sarasota County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,489/mo
Sarasota County typical true cost to own
$177/mo
Sarasota County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

41% 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 (2026-09-27).

Pelican Cove XVI Market Scorecard

Seller's market

Pelican Cove XVI is currently a seller's market. About 3.4 months of supply, a median asking price of $294,500, and homes go under contract in about 1 days.

3.4
Months supply
$294,500
Median list
$245,000
Median sold
$266
Per sqft
1
Days on mkt
2/1/7
Active/Pend/Sold

Typical home value in the 34231 ZIP is $364,022, about 5.2% above the Florida norm (Zillow Home Value Index).

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

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Pelican Cove Xvi

Live MLS inventory for Pelican Cove Xvi. 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 Xvi listings as of 2026-09-26, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2009 through 2026. Tap any home to ask about it.

Every Home for Sale in Pelican Cove Xvi Right Now (3)

All 3 active and pending Pelican Cove Xvi listings with a detail page, newest first, refreshed twice a day from the MLS.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

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 Xvi 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 Xvi address.

If we were buying in Pelican Cove Xvi 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 Xvi.

A closer look at the Pelican Cove Xvi market

At a median of $217 per square foot, Pelican Cove Xvi 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 trailing-12-month median down 11% year over year. Homes that do trade take a median 21 days on market, useful leverage on any listing that has lingered.

“

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

Jon Brooks · Founder, Momentum Realty
4.4C- · Buy Score
Long-Term Appreciation6.9/10
Recent Direction3.1/10
Owner Commitment0.0/10
Pricing Power7.7/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (4.4). Basis: Long-Term Appreciation +97% since 2012; Recent Direction -11.4% year-over-year; Owner Commitment 0% owner-occupied; Pricing Power 96.6% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Pelican Cove Xvi Condos for Sale in Sarasota, FL homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Pelican Cove Xvi Condos for Sale in Sarasota, FL.
In short
  • HOA dues reported around $832/month (about $9,984/yr) · median of 90 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $832 per month ($9,984 a year) - the median AssociationFee across 90 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

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 Xvi sales matched to your home.

What is your Pelican Cove Xvi home worth?

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

Frequently Asked Questions

What is the median home price in Pelican Cove Xvi?
The median sale price in Pelican Cove Xvi was $244K over the 12 months ending August 2, 2026 (6 closed sales, Stellar MLS).
How long do homes in Pelican Cove Xvi take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 21 days on market (6 sales, Stellar MLS).
How many homes are in Pelican Cove Xvi?
The Florida DOR 2025 assessment roll shows 1 homes in Pelican Cove Xvi (public records).
What share of Pelican Cove Xvi is owner-occupied?
0% of Pelican Cove Xvi 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 Xvi?
Cash buyers took 100% of Pelican Cove Xvi sales in the 12 months ending June 2026 (5 of 5 closings, Stellar MLS).
Have Pelican Cove Xvi home prices gone up?
The trailing-12-month median is up 97% since 2012, from $124K to $244K (Stellar MLS closed records).
What schools serve Pelican Cove Xvi?
Pelican Cove Xvi 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 Xvi?
The best agent for Pelican Cove Xvi 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 Xvi.
How do I find a top Sarasota real estate agent who knows Pelican Cove Xvi?
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 Xvi and the wider Sarasota area.
Can Momentum Realty connect me with an agent for Pelican Cove Xvi?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Pelican Cove Xvi purchase or sale - no call center and no pressure.
Where is Pelican Cove Xvi, and what county is it in?
Pelican Cove Xvi is in SARASOTA, Sarasota County, FL, ZIP 34231.
Is Pelican Cove Xvi a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Pelican Cove Xvi: the median sale price over the last 12 months was $244K (6 sales), 52% below the SARASOTA median of $504K; homes took a median 20 days to go under contract; the assessment roll counts 1 homes, 0% of them homesteaded (owner-occupied); listings report Sarasota County Public Schools (verify by address), Confirm zoned elementary, middle, and high, Magnet and choice options may apply as the zoned schools. The full numbers, price history and the flood and school sections are above.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 26, 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 2009 (93 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.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in PELICAN COVE XVI? 6 recorded closings; median 20 days on market (window ending 2026-08-02). See the Sarasota County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

More Sarasota & Sarasota County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Sarasota County or the full Neighborhood Finder.

Nearby Communities

Explore more neighborhoods near Pelican Cove Xvi with Momentum Realty’s local guides.

Pelican Cove Xii0.2 mi away · median $508K, 4 sales/12 moPelican Cove0.3 mi awayPelican Cove Xiv0.4 mi away · median $225K, 8 sales/12 moPTPine Tree Village0.4 mi away · 35 homes, built 1975–83Vintage Grand0.6 mi away · median $190K, 25 sales/12 moFWFairway Woods0.7 mi away · 20 homes, built 1973–23, 1 for saleFlorida Pines0.8 mi awayBella Villino1.0 mi away · 1 homes

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