Pelican Station
Homes for Sale in Panama City, FL
All 254 homes for sale in Panama City, FL · median $349,900 · 120 homes for sale in 32405 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
The defining detail is the building format: two-story townhomes in 6-unit buildings, with an Atlas plan shown. That is a specific, attached product, and it tells a buyer what the shared-wall layout and the likely HOA scope look like even before pricing exists. Model tours already being offered shows the sales effort has started.
Ask Fischer in writing for: the price by plan and by unit position in the building, the deposit and refund terms, the HOA dues and what they cover for exterior and shared areas, any special district, the delivery window and incentive conditions. Confirm what the VIP list gives you, such as early pricing or first pick of homesites.
The 60-Second Overview
Pelican Station is a Fischer Homes townhome community at 2420 State Ave in Panama City, Bay County, Florida, ZIP 32405. Fischer lists it as coming soon, so it is pre-launch with no listings yet, although a VIP list is open for early homesite releases and pricing, and model home tours are offered. The townhomes are two-story, and plan imagery references an Atlas plan in 6-unit buildings. Pricing, home count, square footage, amenities, HOA dues and a delivery timeline are not published in the material we hold. The VIP list is the practical way to see numbers first, and joining it is a low-commitment step compared with signing a contract. Fischer has not said how early access works, so ask what the list actually gets you. We update this page when Fischer posts plans or prices.
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.
The market around Pelican Station
In ZIP 32405 (Panama City), 697 homes closed in the last 12 months at a median of $280K, down 6.8% year over year, with a median 56 days on market. Right now 202 active and 86 pending listings — a balanced market. See the live ZIP 32405 housing market and the Bay County market.
ZIP and county figures describe the wider market, not Pelican Station specifically. Momentum Research analysis of MLS records.
Who Pelican Station is best for.
Best for
- Buyers who prefer an attached two-story plan in a new building.
- Buyers who want first access to pricing through a VIP list.
- Buyers comfortable touring a model before a price sheet.
Probably not for
- Buyers who need a detached home.
- Buyers who need a published price and HOA today.
- Buyers who cannot accept pre-launch timing risk.
Pelican Station: what we know so far
Pelican Station is not selling yet. There are no active listings and no recorded resales, so every number on this page comes from public records, county approvals and builder announcements, and is dated. We re-verify status on every rebuild.
| Builders | Fischer Homes |
|---|---|
| Community type | Townhomes |
| ZIP | 32405 |
| County | Bay County, Florida |
| Status | coming soon |
| School district | Bay District Schools |
| Timeline | VIP list open; model home tours offered |
| Builder page | fischerhomes.com |
| Last verified | October 8, 2026 |
| Sources | fischerhomes.com (October 8, 2026) |
Status note: Fischer Homes lists Pelican Station, a two-story townhome community at 2420 State Ave in Panama City (Bay County), as coming soon with a VIP list for early homesite releases and pricing. Plan imagery references an Atlas plan in 6-unit buildings.
Get the Pelican Station early list
Lot releases, first pricing and builder incentives, the day we hear. One email when something changes, nothing else.
Not ready to wait? See what is selling in Panama City right now →
Recent Developments in Pelican Station
Development, infrastructure, retail, and school activity affecting Pelican Station, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Builder Activity
Pelican Station: Coming soon (Fischer Homes)
Fischer Homes lists Pelican Station, a two-story townhome community at 2420 State Ave in Panama City (Bay County), as coming soon with a VIP list for early homesite releases and pricing. Plan imagery references an Atlas plan in 6-unit buildings.
What it may mean for the marketBuilder timelines and pricing change; confirm current status, release schedule and fees with the builder before relying on them.
Source: fischerhomes.com
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.
The Pelican Station buying strategy.
If we were buying in Pelican Station 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 Pelican Station.
Six-unit townhome buildings on State Ave
Pelican Station is at 2420 State Ave in Panama City, in Bay County. Fischer Homes is the builder, and the community is listed as coming soon.
The product is a two-story townhome, with an Atlas plan shown in 6-unit buildings. A VIP list is open for early homesite releases and pricing, and model home tours are offered. Home count, square footage, amenities and HOA terms have not been published.
Unconfirmed: pricing, the number of buildings, HOA dues and the sales and delivery dates. Joining the VIP list is the direct route to Fischer's numbers. Ask what a model tour shows at this stage, and get the price sheet and draft contract in writing.
The location and the amenities are priced into every listing in Pelican Station. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum at Pelican Station
We watch Fischer Homes' VIP list releases and pricing for Pelican Station and keep other Bay County and Panama City townhome options lined up for comparison.
We read the contract with you: deposit terms, delivery and extension language, the HOA and fee stack, and incentive conditions. The builder pays our commission, so there is no cost to you.
Pelican Station in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Pelican Station 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 Pelican Station sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Pelican Station, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Pelican Station home worth?
Get a no-obligation home value based on real comparable sales in Pelican Station, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Panama City →
Should you buy in Pelican Station?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community record | public records & builder filings listing records: the community is present in the MLS feed; no closed sale is on record in our archive yet, so no price statistics are shown |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of public records & builder filings 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.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the public records & builder filings member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.