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.
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.
Property Details
Price:
$480,000
MLS #:
A4659633
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
TERRACE GARDENS
Neighborhood:
34237sarasota
Listed Date:
Aug 12, 2025
Finished Sq Ft:
1,494
Total Sq Ft:
2,188
Lot Size:
10,200 sqft / 0.23 acres (approx)
Year Built:
1950
See this Listing
Schools
Elementary School:
Alta Vista Elementary
Middle School:
Booker Middle
High School:
Sarasota High
Interior
Appliances
Dryer, Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Hardwood
Heating
Electric
Interior Features
Eating Space In Kitchen, Thermostat
Laundry Features
Outside
Levels
One
Exterior
Construction Materials
Wood Frame
Covered Spaces
1
Direction Faces
North
Exterior Features
Rain Gutters
Roof
Shingle
Financial
Tax Year
2024
Taxes
$4,460
Map
Community
- Address2415 PELICAN DRIVE SARASOTA FL
- SubdivisionTERRACE GARDENS
- CitySARASOTA
- CountySarasota
- Zip Code34237
Market Summary
Current real estate data for Single Family in SARASOTA as of Oct 19, 2026
1,798
Single Family Listed
118
Avg DOM
461
Avg $ / SqFt
$1,342,681
Avg List Price
Property Summary
- Located in the TERRACE GARDENS subdivision, 2415 PELICAN DRIVE SARASOTA FL is a Single Family for sale in SARASOTA, FL, 34237. It is listed for $480,000 and features 3 beds, 2 baths, and has approximately 1,494 square feet of living space, and was originally constructed in 1950. The current price per square foot is $321. The average price per square foot for Single Family listings in SARASOTA is $461. The average listing price for Single Family in SARASOTA is $1,342,681. To schedule a showing of MLS#a4659633 at 2415 PELICAN DRIVE in SARASOTA, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of COLDWELL BANKER REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 2415 PELICAN DRIVE
SARASOTA, FL