Pelican Bay Homes for Sale in Cutler Bay

Know Pelican Bay before you buy there: what homes sell for, what they cost to own and how to make the right offer.

Houses from 2004 at Old Cutler Lakes. Every home currently for sale in Pelican Bay, Cutler Bay, straight from BeachesMLS and updated throughout the day.

Pelican Bay at Old Cutler Lakes is a community of single family houses built in 2004 around SW 208th Terrace and SW 88th Court, on the bay side of Old Cutler Road in central Cutler Bay. Homes have three to five bedrooms on lots of about a ninth of an acre, and some face the lake with access from the back yard. The association fee is moderate and covers the common areas. Like the other subdivisions of that decade nearby, it lies in flood zone AE, so the elevation certificate and an insurance quote come first, followed by the roof, the windows and the association's rules on leasing and exterior changes.

Pelican Bay Market at a Glance

Updated October 30, 2026 from BeachesMLS: homes and condos in Pelican Bay, Cutler Bay.

Active listings	2
Median list price	$714,000
Median list price per sq ft	$308/sq ft
Average days on market	137 days
Sold in the last 180 days	5
Median sold price (180 days)	$650,000
Median sold price per sq ft	$359/sq ft
Average days to sell	85 days
Sale price as % of list price	100%
Months of inventory	2.4 months
Median sold price vs. a year ago	+9.4%

Source: BeachesMLS, listings whose subdivision or remarks name Pelican Bay. Sold figures cover closings in the last 180 days, compared with the same 180 days one year earlier. Not an appraisal.

2 listings, newest first.

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