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$475,000
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Property Description
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!
Full Property Details
Full Property Details for 2501 Pelican Bay Dr
General
- Sold For: $475,000
- Taxes: $3,625 (2024)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 772485
- Added to Site: 269 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Interior Steps
- Appliances: Electric Range
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Additional Information
- Shared Amenities: Dock, Spa/Hot Tub
- Pool: Yes
- Pool Description: In Ground, Community
Exterior
- Exterior Features: Patio
- Porch/Patio/Deck: Patio
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Bay
- Subdivision: Pelican Bay
- Driving Directions: From Thomas Drive, turn onto Magnolia Beach Road. Continue on Magnolia Beach Road, then turn into the Pelican Bay subdivision. The home will be on the left.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Contemporary
- Roof: Shake
- Stories/Levels: 2
- Sq. Ft. Source: Appraiser
- Year Built: 2004
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,147
- Lot Size: .21
- Lot Dimensions: 60 x 110
- Frontage: City Street
- Zoning: City
- Fencing (Description): Fenced
Water Features
- Boat Dock Slip: Yes
Financial Considerations
- Tax Amount: $3,625
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: PELICAN BAY SUB 69D2 LOT 1 ORB 4133 P 2172
- Property ID: 31259-501-000
Listed by Realty ONE Group Emerald Coast
Sold by EXP Realty LLC
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Schools
Schools serving 2501 Pelican Bay Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 1.8 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 7.7 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 5.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2501 Pelican Bay Dr
Date
Details
Price
Change
Source
9/05/2025
Sold
$475,000
-0.84%
MLS
8/04/2025
Price Reduced
$479,000
-2.24%
MLS
7/30/2025
Price Reduced
$490,000
-2%
MLS
7/14/2025
Price Reduced
$499,999
-2.91%
MLS
7/09/2025
Price Reduced
$515,000
-0.96%
MLS
6/27/2025
Price Increased
$520,000
0.19%
MLS
6/23/2025
Price Reduced
$519,000
-2.06%
MLS
6/05/2025
Price Reduced
$529,900
-3.64%
MLS
5/08/2025
Price Reduced
$549,900
-3.36%
MLS
4/24/2025
Listed
$569,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2501 Pelican Bay Drive, Panama City, FL 32408 (MLS# 772485) is a Single Family property that was sold at $475,000 on September 05, 2025. Want to learn more about 2501 Pelican Bay Drive? Do you have questions about finding other Single Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

