Old Pelican Bay Village
Homes for Sale in Fort Myers Beach, FL
All 284 homes for sale in Fort Myers Beach, FL · median $559,000 · 451 homes for sale in 33931 · Lee County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Florida Gulf Coast MLS
As of November 2026, Old Pelican Bay Village in Fort Myers Beach, FL has 1 home for sale. As of November 2026, the MLS records 6 closed sales in Old Pelican Bay Village in Fort Myers Beach, FL since 2015, the most recent in April 2026. Across Fort Myers Beach as a whole, 42 homes closed in the last 12 months at a median of $352,500, 139 median days on market, with 10 homes for sale today. At that median and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $5,630 ($4,960 with the full homestead exemption).
Old Pelican Bay Village is a name that shows up in the Lee County tax rolls more than it does in marketing copy. Current MLS activity in the feed does not surface a clubhouse, pool, or other shared recreational amenity tied to the community, which tells us this is likely a smaller, low-HOA-overhead enclave rather than an amenitized development. That absence is itself useful information for anyone comparing it to master-planned communities nearby.
Because there is no meaningful volume of active or recent listings to draw a price trend from, we are not going to manufacture one. What we can say is that Fort Myers Beach real estate carries its own set of condition and insurance considerations that matter more here than in most Southwest Florida submarkets, and any pricing conversation about a specific home in Old Pelican Bay Village needs to start with its individual condition, elevation, and insurance history rather than a community-wide number.
Figures in this note are as of July 29, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Old Pelican Bay Village sits within Fort Myers Beach in Lee County, an island location where individual property condition and flood/insurance status tend to drive value more than any shared community feature.
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.
Who Old Pelican Bay Village is best for.
Best for
- A buyer targeting Fort Myers Beach specifically and willing to evaluate a property on its individual condition and history
- An investor or renovator comfortable underwriting flood, insurance, and rebuild considerations on an island property
- Someone who does not require an on-site clubhouse, pool, or organized amenity program
Probably not for
- A buyer who wants a community with an established, amenitized lifestyle package
- Someone who needs recent comparable sales data to feel confident pricing a purchase or listing
- A buyer unwilling to dig into individual flood zone, elevation, and insurance specifics before committing
The market around Old Pelican Bay Village
Old Pelican Bay Village 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), 42 homes closed in the last 12 months at a median of $352K ($373/sq ft), with a median 139 days on market. Right now 106 active and 6 pending listings. See the live ZIP 33931 housing market and the Lee County market.
ZIP and county figures describe the wider market, not Old Pelican Bay Village specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Old Pelican Bay Village
Live MLS inventory for Old Pelican Bay Village. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Old Pelican Bay Village listings as of 2026-11-12, priced high to low. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.
The Old Pelican Bay Village buying strategy.
If we were buying in Old Pelican Bay Village today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Old Pelican Bay Village.
A name with little current listing history
There is not enough active MLS data tied to Old Pelican Bay Village right now to describe a typical listing count, days on market, or price pattern with any honesty. That is a fact worth stating plainly rather than glossing over: this is a thin-inventory pocket, and buyers should expect to evaluate it one property at a time rather than lean on aggregate statistics.
The MLS feed also does not identify a community amenity package here, so anything you hear about shared facilities should be verified directly against the HOA or condo documents for the specific property, not assumed from the community name alone. On Fort Myers Beach, that verification extends to flood zone, elevation certificate, and rebuild/renovation history, all of which matter more to resale and insurability than a list of amenities would.
The location and the amenities are priced into every listing in Old Pelican Bay Village. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
When a community has this little standardized listing data, the value we add is not a market report, it is direct due diligence on the specific address: pulling permit and flood history, confirming what the HOA or condo documents actually cover, and pricing the home against comparable individual sales rather than a community average that does not really exist yet.
Old Pelican Bay Village in 15 seconds.
Tools for a Old Pelican Bay Village buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Old Pelican Bay Village sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Old Pelican Bay Village, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Old Pelican Bay Village home worth?
Get a no-obligation home value based on real comparable sales in Old Pelican Bay Village, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Should you buy in Old Pelican Bay Village?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Florida Gulf Coast MLS, refreshed twice daily (last: November 12, 2026) |
| Under-contract shares | Florida Gulf Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2015 (6 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Florida Gulf Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Recent Developments in Old Pelican Bay Village
Development, infrastructure, retail, and school activity affecting Old Pelican Bay Village, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Builder Activity
Kolter Urban's 24-story Island at West Bay Club tops out in Estero
The 86-residence tower reached its highest point at an Oct. 30 ceremony, roughly the construction midpoint, with completion expected in mid-2027. Residences start at $2.7 million, and the building has a rooftop pool plus access to the community's golf, tennis and beach club. Estero's mayor said it may be the village's last high-rise because suitable land is scarce.
What it may mean for the marketAdds 86 high-end condominium homes to Estero's inventory in 2027 while signaling limited future high-rise capacity in the village. The project is about 7 miles east of Old Pelican Bay Village, elsewhere in Lee County.
Source: Gulfshore Business - October 2026Parks & Amenities
Sale of 11.4-mile rail corridor for Bonita Estero Rail Trail nears closing
Estero, Bonita Springs and Collier County are set to buy the Seminole Gulf Railway corridor for $60 million, with closing expected by Jan. 14, 2027. Soil testing found elevated arsenic and hydrocarbons that consultants say can be managed with engineering controls. The corridor is planned as the multiuse Bonita Estero Rail Trail.
What it may mean for the marketA continuous trail through Estero and Bonita Springs would add a walking and biking route connecting residential areas to shopping and regional trails. The site is about 9 miles east of Old Pelican Bay Village.
Source: Gulfshore Business - October 2026Retail & Dining
Whataburger opens in Estero with 158 seats
Whataburger opened its second Southwest Florida restaurant at 22927 Lyden Drive in Estero, across U.S. 41 from Coconut Point. The restaurant seats 158 and employs about 80 people. It is open daily from 6 a.m. to 11 p.m.
What it may mean for the marketAdds a late-hours dining option and roughly 80 jobs near the Coconut Point retail area. The project is about 9 miles east of Old Pelican Bay Village, elsewhere in Lee County.
Source: Gulfshore Business - October 2026Development
Cypress Cove owner buys former Ruby Tuesday site off Summerlin Road for $2.2M
Cypress Living bought the closed restaurant at 9001 Park Royal Drive, a 5,398-square-foot building on about 1.5 acres, for $2.2 million. No new use is chosen, though the CEO said it will not return to restaurant use. Its Harbour Vue eight-story independent living building is expected to break ground in early 2027.
What it may mean for the marketA vacant restaurant parcel on a road carrying about 37,000 vehicles a day is set to be redeveloped for a non-restaurant use, changing the commercial mix along Park Royal Drive. The project is about 9 miles northeast of Old Pelican Bay Village, elsewhere in Lee County.
Source: Gulfshore Business - July 2026Infrastructure
New Big Carlos Pass Bridge opens in Lee County
The new fixed-span Big Carlos Pass Bridge connecting the south end of Estero Island with Lovers Key officially opened and was dedicated June 30, 2026. The $90.8 million project replaces an older drawbridge and provides 60 feet of boat clearance along with bicycle lanes and sidewalks. Concrete from the demolished drawbridge was repurposed into an artificial reef offshore.
What it may mean for the marketA new high-span bridge upgrades the coastal road connection and removes the delays associated with the former drawbridge. The project is about 5 miles southeast of Old Pelican Bay Village, elsewhere in Lee County.
Source: Gulfshore Business - June 2026Retail & Dining
Fort Myers Beach approves Development Order for Times Square entertainment center with hotel and restaurant
Fort Myers Beach town staff issued a Development Order for a three-story mixed-use entertainment center at 1028 and 1046 Estero Boulevard at Times Square, on the former sites of Sunset Beach Tropical Grill and The Playmore Tiki Bar. The 41,285-square-foot project by Persaud Properties would include six hotel units, a restaurant, shopping, a bar, an entertainment venue with a stage and a public pool. No construction permits had been issued as of the approval, with additional environmental and stormwater approvals still required.
What it may mean for the marketA new mixed-use entertainment building would add hotel, dining and retail space to the Times Square commercial district and support its post-storm rebuild. The site is about 1 mile north of Old Pelican Bay Village.
Source: Fort Myers Beach Observer
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
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