# Les Pelicans

As of 2026-10-19, Les Pelicans in Sunny Isles Beach has 2 units for sale at a median asking price of $740K ($683/sqft); 2 units sold in the last 12 months.

Les Pelicans is a 7-story, 50-unit waterfront condominium at 18260 N Bay Road in Sunny Isles Beach, built in 1993 in FEMA flood zone AE.

## Key facts

| | |
|---|---|
| Address | 18260 N Bay Road |
| Neighborhood | Sunny Isles Beach |
| Year built | 1993 |
| Floors | 7 |
| Units | 50 |
| Waterfront | yes |
| Developer | Pettigrew Development, INC. |
| For sale | 2 |
| Pending | 0 |
| Median asking price | $740,000 |
| Median asking $/sqft | $683/sqft |
| Sold, last 12 months | 2 |
| Median sold $/sqft, 12 months | $434/sqft |
| Months of inventory | 12.0 |
| Median HOA | $1,040/mo |
| Parking | One assigned parking space in the covered garage. |

## Own Miami measures

- **own.miami Building Score: 58 (B)**
  - Value: 33 — $683/sqft — vs. Sunny Isles Beach condos, then all of Miami
  - Momentum: 50 — Recent price trend
  - Liquidity: 30 — 12.0 months of supply · 628 days on market
  - Health: 100 — Verified records on file — nothing adverse
  - Waterfront: 90 — Waterfront building
  - Age: 34 — Built 1993 — vs. Sunny Isles Beach buildings
- **Own Miami Condo Index: 86** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 466 of 698 tracked Miami condos)
- **Financeability Index: 62** (good; 12-month window, 2 recorded mortgages, 50% of sales bank-financed, lowest down payment 24.9%, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2028)

## Building health (verified public records)

- Public records checked 2026-10-29: no liens, lawsuits or regulatory complaints found
- positive: Bank financing — Regulated lenders recorded 2 purchase or refinance loans on this building in the last 12 months, financing 50% of its recorded sales, and accepted a down payment as low as 24.9%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 62/100. (2026-10-31)
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months)

## Frequently asked questions

**How much do condos at Les Pelicans cost?**

There are 2 condos for sale at Les Pelicans, from $700,000, with a median asking price of $740,000 ($683/sqft).

**How much are the HOA fees at Les Pelicans?**

HOA / maintenance fees at Les Pelicans run around $1,040 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

**Is Les Pelicans a waterfront building?**

Yes — Les Pelicans is a waterfront building (Sunny Isles Beach).

**When was Les Pelicans built?**

Les Pelicans was built in 1993, 7 stories, 50 residences.

**Who developed Les Pelicans?**

Les Pelicans was developed by Pettigrew Development, INC..

## Related pages

- [Sunny Isles Beach — neighborhood guide](https://own.miami/sunny-isles-beach)
- [All units for sale at Les Pelicans](https://own.miami/buildings/les-pelicans/for-sale)
- [Ocean Three](https://own.miami/buildings/ocean-three)
- [Oceania I](https://own.miami/buildings/oceania-i)
- [Oceania V](https://own.miami/buildings/oceania-v)
- [Oceania IV](https://own.miami/buildings/oceania-iv)

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Source: Own.Miami — https://own.miami · data as of 2026-10-19
Canonical page: https://own.miami/buildings/les-pelicans
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai