Pelican Bay Recently Sold & Values, Cutler Bay
5 homes sold in Pelican Bay, Cutler Bay in the six months to October 30, 2026, at a median $650,000 ($359 per square foot) and 100% of the asking price, after an average 85 days on the market; 2 are for sale now.
Recent Pelican Bay sales show what buyers paid. A strategy review shows what they mean for your home.
Every home, condo and townhome that closed in Pelican Bay, Cutler Bay, Florida in the last six months, newest first, with the sale price and days on market straight from BeachesMLS.
Homes that closed in Pelican Bay, Cutler Bay in the last six months, newest first, with the sale price, price per square foot and days on market for each. Houses from 2004 at Old Cutler Lakes. These closings are what a Pelican Bay valuation is built on.
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.
5 sales, newest first.
The 5 sales on this page run from $585,000 to $700,000, with a median of $650,000, about $359 per square foot, and they sold in a median of 16 days.
The community with the most sales here is Pelican Bay at Old Cutler (5), which is every one of them. All of them are single-family homes. Bedrooms run from 3 to 4, a median of 3; they were built between 2004 and 2006, a median of 2005. 2 of the 5 had a pool, and 5 were on the water.
Sold $585,000
Closed Jul 29, 2026 · 21105 SW 89th Place, Cutler Bay FL 33189
3 bd · 2 ba · 1,369 sq ft · $427/sq ft · 8 days on market · 100% of list priceSold $645,000
Closed Jul 23, 2026 · 21161 SW 88th Court, Cutler Bay FL 33189
3 bd · 2 ba · 1,659 sq ft · $389/sq ft · 16 days on market · 100% of list priceSold $650,000
Closed Jul 16, 2026 · 21071 SW 88th Court, Cutler Bay FL 33189
3 bd · 3 ba · 2,128 sq ft · $305/sq ft · 201 days on market · 98.6% of list priceSold $680,000
Closed Jun 30, 2026 · 21031 SW 88 Court, Cutler Bay FL 33189
4 bd · 3 ba · 190 days on market · 98.6% of list priceSold $700,000
Closed May 26, 2026 · 20918 SW 89th Path, Cutler Bay FL 33189
3 bd · 3 ba · 2,128 sq ft · $329/sq ft · 9 days on market · 100.1% of list price
Reading Pelican Bay, Cutler Bay Sales
Each sale shows the closing price, the closing date, the price per square foot and the days on market. Compare the closing price with the last asking price to see how much room there was to negotiate, and compare days on market across sales to see which homes were priced right from the start.
Recent Sales Are What a Valuation Is Built On
An estimate of your home's value starts from the closed sales closest to it in place, size, age and features, adjusted for what is different. These are those sales. Request a free valuation and a BreakThru broker prepares it from the ones that match your home, or ask for a comparative market analysis before you list.
What Homes in Pelican Bay Are Selling For
5 homes closed in Pelican Bay in the last 180 days at a median of $650,000, or $359 per square foot, after 85 days on the market on average, and sellers achieved 100% of asking. The median is up 9.4% on the same period a year earlier. With a small number of sales a single large or small home can move a median, which is why a valuation works from the individual closings rather than from this figure.
What Buyers Pay For in Pelican Bay
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. Those are the things a Pelican Bay buyer compares from one home to the next, and they are what separate a sale at the top of the range from one at the bottom.
Pelican Bay Against the Cutler Bay Average
A Cutler Bay-wide figure blends every neighborhood, every property type and every condition. Pelican Bay has its own buyers and its own price range, so a home here is valued against Pelican Bay closings first and against the nearest comparable streets only when there are too few. There are 2 homes for sale in Pelican Bay today at a median asking price of $714,000, about 2.4 months of supply: that is the competition a new listing is priced against.
How to Get Your Pelican Bay Home Value
Enter your address on this page. A BreakThru Realty broker pulls the Pelican Bay closings that match your home, adjusts them for size, condition, lot and view, and calls you within one business day with a written value range and the sales behind it. It is free and carries no obligation, and it extends into a full comparative market analysis and a net proceeds estimate if you are thinking of listing.
Pelican Bay Home Values: Frequently Asked Questions
- How much is my house worth in Pelican Bay?
- Homes in Pelican Bay closed at a median of $650,000 in the last 180 days ($359 per square foot), but your value comes from the individual Pelican Bay closings that match your home's size, lot, condition and view. Enter your address on this page and a broker sends you a written range with the sales behind it, free.
- What is the price per square foot in Pelican Bay?
- The median sold price per square foot in Pelican Bay over the last 180 days is $359, against $308 for the homes currently listed. Price per square foot falls as homes get larger and rises sharply with water, view and renovation, so use it to compare similar homes, not to price one.
- How fast do homes sell in Pelican Bay?
- Homes that closed in Pelican Bay in the last 180 days took 85 days on average to go under contract, and there are about 2.4 months of supply on the market. Correctly priced homes sell faster than the average, because the average includes every listing that needed a price reduction first.
- Where can I see what sold recently in Pelican Bay?
- The newest Pelican Bay closings are on this page with the sale price and days on market for each, and the full six months are on the Pelican Bay recent sales page linked below. They come straight from BeachesMLS and update daily.
Selling in Pelican Bay? Your Buyer May Already Be Looking.
The closings on this page are what your home's value is built on. BreakThru Realty works with hundreds of prequalified buyers searching for properties. Request a review and a broker prices your home from these sales, checks it against the buyers on file and tells you what the records show.
- A value range built from comparable Pelican Bay, Cutler Bay sales, with the reasoning
- Whether a buyer already working with BreakThru Realty is looking for a property like yours
- The plan that reaches the rest of the market if no buyer on file fits
- An estimate of your selling costs and what you would keep after closing
- Your timing, privacy and goals, worked through before anything is listed
Selling in Cutler Bay?
See what your home is worth from recent Cutler Bay sales, the days on market and today's buyer demand. See what my home would sell for.
Buying in Cutler Bay?
Every home, condo and townhome for sale in Cutler Bay, straight from the MLS and updated through the day. Find my Cutler Bay home.
Investing in Cutler Bay?
Multifamily, rental and value add property in Cutler Bay, with the taxes, association fees and price history on every listing. Evaluate Cutler Bay investments.
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