2527 Pelican Bay Drive, Panama City Beach

$630,000

5 Beds
3 Baths
3,164 Sqft
.31 Acre
2 Garages

Welcome to 2527 Pelican Bay Drive, a beautifully designed 5-bedroom, 3-bathroom custom home offering 3,164 square feet of thoughtfully designed living space in the highly desirable Pelican Bay community.

Framed by mature, lush landscaping and meticulously cared for by just two owners, this home makes a striking first impression with soaring living room ceilings and timeless engineered hardwood flooring. The kitchen blends beauty and function, featuring white cabinetry, dark granite countertops, a gas range, a large stainless-steel sink, and custom pantry shelving with pull-out drawers that offer convenient, effortless organization.

The first floor offers both flexibility and comfort. A guest bedroom or private office sits alongside a full bath, plus additional storage tucked beneath the staircase. You will also enjoy a formal dining space and a designated eat-in kitchen area, ideal for hosting or everyday living. The spacious primary suite is conveniently located downstairs, overlooking a serene backyard with no rear neighbors. The ensuite bath offers a double vanity, soaking tub, oversized walk-in closet with a custom storage system, and plenty of room to unwind.

Upstairs, three additional bedrooms and a full bath provide space for family or guests. One of the upstairs bedrooms is exceptionally spacious (20x30), offering incredible versatility. This room can easily serve as a guest suite while also functioning as a home gym, children's playroom, media room, or creative studio. Just off the bedroom is a generous private balcony (28x12) that overlooks the lush, natural landscaping of the backyard, creating a peaceful outdoor retreat.

Recent updates add both value and peace of mind, including fresh exterior paint, two HVAC systems installed in 2022, a 2018 water heater, newly installed impact-resistant windows on the north side, new roof (2018), and a 10KW Generac generator. The home is also wired for indoor and outdoor surround sound, enhancing everyday living and entertaining alike.

Step outside to discover a truly private backyard retreat. Beyond the fence lies a protected DEP conservation area, ensuring permanent privacy with no future development behind you. The expansive screened-in porch and privacy-fenced yard create the perfect setting for relaxing evenings or weekend gatherings. Located in flood zone X, no flood insurance is required for this property.

Pelican Bay is a desirable community located near Bay Point and just minutes from Publix, local dining favorites, and shopping. You are also a short drive to the sugar-white sands of Panama City Beach and the natural beauty of St. Andrews State Park. HOA dues include common area landscaping, access to the community pool, hot tub, pool house amenities, and dock.

This is more than a home; it is space, privacy, and lifestyle all in one.

Essential Information
MLS® #997459
Price$630,000
Sold Price$605,000
Date Sold$2026-04-20
Bedrooms5
Bathrooms3.00
Full Baths3
Square Footage3,164
Acres0.31
Year Built2002
TypeResidential
Sub-TypeDetached Single Family
StyleContemporary
StatusSold
Community Information
Address2527 Pelican Bay Drive
Area27 - Bay County
SubdivisionPELICAN BAY
CityPanama City Beach
CountyBay
StateFL
Zip Code32408
Amenities
ParkingOversized, Garage
# of Garages2
Utilities

Electric, Gas - Natural, Public Sewer, Public Water

Interior
HeatingCentral, Gas - Natural
CoolingCentral Air, Ceiling Fan(s)
# of Stories2
Interior Features

Breakfast Bar, Recessed Lighting, Washer/Dryer Hookup

Appliances

Cooktop, Dishwasher, Disposal, Microwave, Electric Water Heater

Exterior
Exterior FeaturesBalcony, Private Yard
WindowsWindow Treatments
RoofShingle
ConstructionStone, Stucco
School Information
ElementaryPatronis
MiddleSurfside
HighArnold
Additional Information
Days on Website222
ZoningResid Single Family
Listing Details
OfficeERA Neubauer Commercial
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 2527 Pelican Bay Drive, Panama City Beach, FL

Photo of Listing #1012799

6706 Sunset Avenue, Panama City Beach

$499,000 - 4 Beds, 2 Baths, 1,429 Sf

MLS® # 1012799

Photo of Listing #1011397

7824 Thomas Drive, Panama City Beach

$625,000 - 3 Beds, 3 Baths, 1,707 Sf

MLS® # 1011397

Photo of Listing #1000834

8236 Grand Bay Boulevard, Panama City Beach

$595,000 - 4 Beds, 3 Baths, 2,943 Sf

MLS® # 1000834

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 17th, 2026 at 4:52pm CDT.