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Pelican Bay is a master-planned community that has 65 neighborhoods clustered around three miles of pristine beach. The area is bounded by two sentinels: the Naples Grande hotel on the south and the five-star Ritz-Carlton on the north. With the exception of the Strand neighborhood of Gulfside mansions, residences are separated from the beach by a mangrove forest and Clam Bay. A string of highrise towers, however, have stunning views of the Gulf of Mexico. The interior properties include midrise buildings, attached and detached villas, garden condos and single-family houses that surround the private, 27-hole Pelican Bay golf course. The neighborhood is governed by the Pelican Bay Foundation, which maintains two beachside restaurants, tennis facilities and the Community Center, which includes meeting and social rooms and a business center. The hub of the community is the Philharmonic Center for the Arts, which hosts world class performers and artists. The Waterside shopping center includes internationally known stores and popular restaurants.
Active Properties Statistics
Properties On Market
Single Family: 47High Rise (8 or more): 112
Low Rise (1-3 Floors): 60
Mid Rise (4-7 Floors): 3
Villa Attached: 15
Villa Detached: 7
Avg. Asking Price
Single Family: $4,346,065High Rise (8 or more): $3,283,355
Low Rise (1-3 Floors): $945,030
Mid Rise (4-7 Floors): $1,071,333
Villa Attached: $2,259,867
Villa Detached: $3,113,571
Avg. Beds & baths
Single Family: 3/3High Rise (8 or more): 3/3
Low Rise (1-3 Floors): 2/2
Mid Rise (4-7 Floors): 2/2
Villa Attached: 3/3
Villa Detached: 3/3
Avg. Asking Price Per Sqft
Single Family: $1003High Rise (8 or more): $1131
Low Rise (1-3 Floors): $566
Mid Rise (4-7 Floors): $563
Villa Attached: $904
Villa Detached: $1157
Sold Properties
Average Asking Price
High Rise (8 or more): $3,529,840Single Family: $3,086,556
Low Rise (1-3 Floors): $1,130,927
Mid Rise (4-7 Floors): $695,000
Villa Attached: $2,034,863
Villa Detached: $2,900,000
Average Selling Price
High Rise (8 or more): $3,194,440Single Family: $2,886,667
Low Rise (1-3 Floors): $1,037,467
Mid Rise (4-7 Floors): $637,500
Villa Attached: $1,951,313
Villa Detached: $2,500,000
Selling vs Asking Price
High Rise (8 or more): -9.5%Single Family: -6.48%
Low Rise (1-3 Floors): -8.26%
Mid Rise (4-7 Floors): -8.27%
Villa Attached: -4.11%
Villa Detached: -13.79%
Avg. Days On Market
Single Family: 96High Rise (8 or more): 228
Low Rise (1-3 Floors): 80
Mid Rise (4-7 Floors): 181
Villa Attached: 128
Villa Detached: 55
Avg. Selling Price Per Sqft
High Rise (8 or more): $1,042Single Family: $791
Low Rise (1-3 Floors): $552
Mid Rise (4-7 Floors): $397
Villa Attached: $875
Villa Detached: $806
Choose Community Market History Chart (Past 90 Days):
* These market statistics are not guaranteed to be accurate and are meant only as an estimate. Statistics for Properties are based on the previous 90 days. Contact your agent for more detailed market information.