Pelican Bay Condos For Sale

low-rise condos

Pelican Bay's low-rise condos are the most affordable type of condos in Pelican Bay. Starting with two-bedroom floor plans and around 1,300 square feet, plans increase to nearly 4,000 square feet for four-bedroom options. Rental policies tend to be a little more relaxed with this building type than in mid-rise and high-rise condo communities, but you will want to check policies if you are planning on using these luxury condos for investment. Pet policies are a little more lenient but can still be tricky. Most condo associations only allow small dogs and maybe cats or fish.

Mid-rise condos

Mid-rise condos in Pelican Bay offer a lower-density living option and typically have fewer amenities than high-rise real estate options. Mid-rise condo buildings are buildings offering eight floors and lower. Not all mid-rise condos offer views of the Gulf of Mexico, but some offer fabulous golf views. If this property type is what you’re looking for, you may find more affordable options in mid-rise condo building options.

high-rise condos

High-rise condos in Pelican Bay range in size, age, and condition. The most luxurious Pelican Bay condos will be found in high-rise buildings. Floor plans start at about 1,200 square feet for the smallest units and feature a dining room, a master bath, and two bedrooms. Sizes increase over 10,000 square feet and can offer six bedrooms and four baths or more. Occasionally some owners will purchase two condos and combine them, but this doesn’t happen very often. Most people who prefer high-rise condo living are looking for spectacular water views, which can be found in all high-rise condo buildings depending on the floor. Favored stacks and height will likely be best described on each community page on Shannnon.com.

condos on the beach

The most exclusive condos for sale will be in Bay Colony, with beachfront condos acting as the top-tier option. Beachfront options will cost over $2,000,000 during average market conditions and closer to $4,000,000+ during the most favorable market conditions.

Bay Colony condos are trendy during the better half of a buying trend which can cause an extreme shortage of buying options. When buying traffic is slower, many residents in the past have taken their condos off the market during the summer months with the assumption they may try selling again during the following peak season. This can cause shadow inventory and can induce a weaker market.

new construction condos

Epique at Pelican Bay is the newest high-rise condo building in Pelican Bay, set to begin construction sometime in 2022. One of the most exciting features is a private restaurant available to Epique residents during peak season.

Mystique at Pelican Bay is the newest completed high-rise condo built in 2019.

After Epique is built, Pelican Bay will be at the mercy of the developer, who can negotiate the purchase of an entire parcel of land from current homeowners, which is not projected to happen for several decades. Contact Shannon directly for information.