Total monthly cost of ownership
Cost to Own a Home in Pelican Bay, Florida
A $1,206,000 home here costs
$8,863per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $6,200. The real number is $2,663 higher every month — 43% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Pelican Bay against Collier County and Florida
| Measure | Pelican Bay | Collier County |
|---|---|---|
| Median home value | $1,206,200 | $486,800 |
| Median property tax | $8,700 | $3,219 |
| Effective tax rate | 0.721% | 0.661% |
| Median gross rent | — | $1,752 |
| Population | 6,575 | 387,681 |
The weather behind that power bill
Pelican Bay sits in Collier County, which averages a high of 92.6°F in its hottest month and a low of 53.1°F in its coldest, with 55.28" of precipitation a year and 48% of it in a single three-month stretch. That climate drives 4,136 cooling and 230 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Collier County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Collier County
Full Collier County cost breakdown · Every county in Florida
Common questions
How much does it cost to own a home in Pelican Bay?
A $1,206,000 home in Pelican Bay, Florida costs approximately $8,863 per month with 20% down at 6.66%. That is $6,200 principal and interest, $725 property tax, $729 homeowners insurance, $204 utilities and $1,005 set aside for maintenance.
What is the property tax rate in Pelican Bay?
Pelican Bay has an effective property tax rate of 0.721%, based on a median home value of $1,206,200 and median real estate taxes of $8,700. That is higher than the Collier County average of 0.661%.
What is the average home price in Pelican Bay?
The median owner-occupied home value in Pelican Bay, Florida is $1,206,200, against $486,800 across Collier County.
Is it cheaper to rent or buy in Pelican Bay?
Rent data is not published for Pelican Bay at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Pelican Bay — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Florida.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.