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!
For sale
Price cut: $5K (7/9)
$515,000
2501 Pelican Bay Dr, Panama City Beach, FL 32408
5beds
2,730sqft
Est.:
Single Family Residence
Built in 2004
9,147.6 Square Feet Lot
$496,200 Zestimate®
$189/sqft
$142/mo HOA
What's special
Hot tubFresh paintBreakfast barBonus roomUpdated countertopsHigh ceilingsOpen-concept layout
- 79 days
- on Zillow |
- 1,732 |
- 46 |
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 02:05pm
Listed by:
Jacqueline J Luberto 850-830-5955,
Realty ONE Group Emerald Coast
Source: CPAR,MLS#: 772485
Originating MLS: Central Panhandle Association of REALTORS

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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
- Area: 224
- Dimensions: 16 x 14
Bedroom
- Level: Second
- Area: 132
- Dimensions: 12 x 11
Bedroom
- Level: Second
- Area: 132
- Dimensions: 12 x 11
Kitchen
- Level: First
- Area: 195
- Dimensions: 15 x 13
Living room
- Level: First
- Area: 288
- Dimensions: 18 x 16
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Electric Range, Microwave, Refrigerator
Features
- Breakfast Bar
Interior area
- Total interior livable area: 2,730 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
- Details: Driveway Spaces:6.00
Features
- Exterior features: Patio
- Pool features: In Ground, Pool, Community
- Has spa: Yes
- Spa features: Hot Tub
- Fencing: Fenced
Lot
- Size: 9,147.6 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
Condition
- Year built: 2004
Community & HOA
Community
- Features: Dock, Short Term Rental Allowed, Pool
- Subdivision: Pelican Bay
HOA
- Has HOA: Yes
- Amenities included: Dock
- Services included: Clubhouse, Legal/Accounting, Pest Control, Pool(s)
- HOA fee: $854 semi-annually
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $189/sqft
- Tax assessed value: $463,844
- Annual tax amount: $3,625
- Date on market: 4/24/2025
- Listing terms: Cash,Conventional,FHA,Other,VA Loan
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