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Sold for $475,000
  • $475,000

    2501 Pelican Bay Dr, Panama City Beach, FL 32408

    5beds
    2,730sqft
    Single Family Residence
    Built in 2004
    9,147 Square Feet Lot
    $464,300 Zestimate®
    $174/sqft
    $3,310 Estimated rent

    Home value

    $464,300

    $418,000 - $515,000

    $3,310/mo

    Zestimate® history
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    What's special

    Hot tubFresh paintBreakfast barBonus roomUpdated countertopsHigh ceilingsOpen-concept layout
    Submit all offers - Motivated to sell quickly. VA Loan Assumable 2.875% Interest Rate. HOA is paid until Jan 2026. Welcome to 2501 Pelican Bay Drive, a beautifully updated 5-bedroom, 2.5-bath home in the Pelican Bay community. This 2,730 sq ft residence features an open-concept layout with high ceilings, new flooring, and fresh paint. The kitchen offers ample cabinetry, updated countertops, and a breakfast bar, ideal for casual dining. The spacious primary suite is on the main floor with a walk-in closet and double vanity. Upstairs includes two bedrooms and a bonus room perfect for a home office or play area. Community amenities include a pool, hot tub, dock, and nature trails. New roof installed. Move-in ready coastal living!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jacqueline J Luberto 850-830-5955,

    Realty ONE Group Emerald Coast

    Bought with:

    Abbott Martin Group

    EXP Realty LLC

    Source: CPAR,MLS#: 772485MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 16 x 14
    Bedroom
    • Level: Second
    • Dimensions: 12 x 11
    Bedroom
    • Level: Second
    • Dimensions: 12 x 11
    Kitchen
    • Level: First
    • Dimensions: 15 x 13
    Living room
    • Level: First
    • Dimensions: 18 x 16
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Range
    Features
    • Interior Steps
    Interior area
    • Total structure area: 2,730
    • Total interior livable area: 2,730 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    • Exterior features: Patio
    • Pool features: In Ground, Community
    • Fencing: Fenced
    Lot
    • Size: 9,147 Square Feet
    • Dimensions: 60 x 110
    Details
    • Parcel number: 31259501000
    • Zoning description: City
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Shake
    Condition
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Features: Dock, Pool, Community Pool, Short Term Rental Allowed
    • Subdivision: Pelican Bay
    HOA
    • Has HOA: Yes
    • Amenities included: Dock, Spa/Hot Tub
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $174/sqft
    • Tax assessed value: $463,844
    • Annual tax amount: $3,625
    • Date on market: 4/24/2025
    • Cumulative days on market: 104 days

    Price history

    DateEventPrice
    9/5/2025Sold$475,000-0.8%$174/sqft
    Source: CPAR #772485 Report a problem
    8/7/2025Pending sale$479,000$175/sqft
    Source: CPAR #772485 Report a problem
    8/4/2025Price change$479,000-2.2%$175/sqft
    Source: ECAOR #974863 Report a problem
    7/30/2025Price change$490,000-2%$179/sqft
    Source: CPAR #772485 Report a problem
    7/14/2025Price change$499,999-2.9%$183/sqft
    Source: CPAR #772485 Report a problem
    7/9/2025Price change$515,000-1%$189/sqft
    Source: CPAR #772485 Report a problem
    6/27/2025Price change$520,000+0.2%$190/sqft
    Source: CPAR #772485 Report a problem
    6/23/2025Price change$519,000-1.9%$190/sqft
    Source: CPAR #772485 Report a problem
    6/5/2025Price change$529,000-0.2%$194/sqft
    Source: ECAOR #974863 Report a problem
    6/5/2025Price change$529,900-3.6%$194/sqft
    Source: CPAR #772485 Report a problem
    5/8/2025Price change$549,900-3.4%$201/sqft
    Source: ECAOR #974863 Report a problem
    4/24/2025Listed for sale$569,000-5%$208/sqft
    Source: CPAR #772485 Report a problem
    3/22/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/8/2023Listed for rent$3,350+52.6%$1/sqft
    Source: Zillow Rentals Report a problem
    1/18/2023Listing removed--
    Source: CPAR #729639 Report a problem
    8/25/2022Price change$599,000-3.2%$219/sqft
    Source: CPAR #729639 Report a problem
    8/11/2022Price change$619,000-3.3%$227/sqft
    Source: CPAR #729639 Report a problem
    7/20/2022Listed for sale$639,900+79%$234/sqft
    Source: CPAR #729639 Report a problem
    6/11/2019Sold$357,500-3.1%$131/sqft
    Source: CPAR #679144 Report a problem
    4/3/2019Price change$369,000-2.6%$135/sqft
    Source: Beachy Beach Real Estate #679144 Report a problem
    3/7/2019Price change$379,000-1.5%$139/sqft
    Source: Beachy Beach Real Estate #679144 Report a problem
    2/12/2019Price change$384,855-1.3%$141/sqft
    Source: Beachy Beach Real Estate #679144 Report a problem
    1/12/2019Listed for sale$389,855+729.5%$143/sqft
    Source: Beachy Beach Real Estate #679144 Report a problem
    10/27/2018Listing removed$2,195$1/sqft
    Source: Nautilus Realty and Management Report a problem
    10/2/2018Listed for rent$2,195+4.5%$1/sqft
    Source: Nautilus Realty and Management Report a problem
    6/13/2014Listing removed$2,100$1/sqft
    Source: Nautilus Realty & Management #620583 Report a problem
    10/28/2003Sold$47,000$17/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,625 +1.6%$330,947 +3%
    2023$3,569 +11.3%$321,308 +3%
    2022$3,207 $311,949
    2021-- --
    2020$3,278 +36.9%$303,875 +59%
    2019$2,394 $191,095 -14.3%
    2018$2,394 -15.4%$222,872 +0.9%
    2017$2,830 +0.2%$220,809 -1%
    2016$2,823 -6.3%$222,930 -1%
    2015$3,013 $225,295 -1%
    2014$3,013 $227,660 -1.6%
    2013-- $231,414
    2012-- $231,414 -1.5%
    2011-- $234,934 -3.1%
    2010-- $242,521 -0.5%
    2009-- $243,819 -4.4%
    2008-- $255,117 -0.5%
    2007-- $256,415 +3%
    2006-- $249,021 -6.1%
    2005-- $265,102
    Find assessor info on the county website

    Neighborhood: Upper Grand Lagoon

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Patronis
    • Middle: Surfside
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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