Pelican Bay Country Club

Daytona Beach, Fla.
Buyer: CPB Management LLC  
Seller: Pelican Bay Country Club
Price: $1.62 million

The sale includes both the north and south course at the semi-private Pelican Bay Country Club, which has since been renamed The Club at Pelican Bay. The sales price of $1.62 million is significantly less than the $4.5 million that a Virginia contingent offered for the club just last year. The private north course measures 6,414 yards in distance and has long been the club's signature course. The south course, a public facility, measures 6,355 yards but had been closed in the months preceding the sale. Officials are expected to reopen the south course at some point this winter.   

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