Ten distinct neighborhoods spread over 300 acres and dotted with 13 lakes comprise Perico Bay Club, a gated waterfront community on Palma Sola Bay and the Intracoastal Waterway. Besides its magnificent location, Perico Bay Club has amenities that include a clubhouse, fitness center, walking and bike paths, Olympic-sized pool, tennis courts, and a calendar filled with social and recreational activities. ... more.Designed for easy, yet elegant waterfront living in resort-style surroundings, the residences at Perico Bay Club are plantation-style condominiums and villas with designs that evoke old Florida. With Anna Maria Island beaches, Robinson Preserve and bayous and bays all within a few miles, it is easy to see why so many call Perico Bay Club home.