Old Pelican Bay
Homes for Sale in Fort Myers Beach, FL

Old Pelican Bay is a compact, low-volume community in Fort Myers Beach built around larger homes rather than a dense subdivision footprint — with only 62 properties total, inventory here moves in small numbers, not waves.

Florida Gulf Coast MLS sales records identify 6 homes in Old Pelican Bay that have changed hands, built between 2001 and 2003 (median 2002), with a median living area of about 2,884 sq ft and a typical 3-bedroom, 3.5-bath layout. Source: Florida Gulf Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Old Pelican Bay is too small for its own price trend, so here is the market around it.

In ZIP 33931, 394 homes are on the market and 8% are under contract — a slower corner of Fort Myers Beach.

Across Lee County, 7,579 homes are active and 1,646 pending (18% under contract).

In ZIP 33931 (Fort Myers Beach), 330 homes closed in the last 12 months at a median of $444K ($436/sq ft), up 5.0% year over year, with a median 89 days on market. Right now 233 active and 26 pending listings — a soft market. See the live ZIP 33931 housing market and the Lee County market.

ZIP and county figures describe the wider market, not Old Pelican Bay specifically. Momentum Research analysis of MLS records.

The single defining number in Old Pelican Bay is square footage. A median of 4,740 living square feet puts this community well above typical resale stock, and it changes how you should shop it: comparisons need to be made home-to-home on layout and condition, not against broader neighborhood averages that assume smaller footprints. With build years spanning from 1988 to 2024, you will find both original construction and newer-build replacements sitting side by side, so two homes with similar square footage can differ substantially in mechanical age, finish level, and storm-related upgrades.

No community amenities were identified from current MLS listings, which is worth noting rather than assuming away. That could mean this is a straightforward residential enclave without shared recreational infrastructure, or it could mean amenity information simply is not being captured in listing data — either way, buyers should verify directly rather than expect clubhouse or pool access as a given. Combined with a homestead share just above half, this reads as a community built around individual, larger-footprint homes rather than a lifestyle-amenity package.

In a 62-home community with a wide build-year spread and no documented shared amenities, generic comps do not hold up — you need someone pulling home-specific data on square footage, build year, and occupancy status before you make an offer or set a list price. We do that work directly rather than relying on averages that do not fit a community this size and this varied.

Listings in this community report association dues of about $420 per month ($5,040 a year) — the median AssociationFee across 40 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.