12955 Pelican Lane, MADEIRA BEACH, FL 33708
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Address: 12955 Pelican Lane, MADEIRA BEACH, FL 33708
Property Location and Similar Properties
- MLS#: TB8399312 ( Residential Income )
- Street Address: 12955 Pelican Lane
- Viewed: 15
- Price: $2,990,000
- Price sqft: $743
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: Intracoastal Waterway
- Year Built: 1957
- Bldg sqft: 4022
- Bedrooms: 11
- Total Baths: 6
- Days On Market: 7
- Additional Information
- Geolocation: 27.7866 / -82.7822
- County: PINELLAS
- City: MADEIRA BEACH
- Zipcode: 33708
- Subdivision: Williams Bill Madeira Harbor S
- Provided by: ENGEL & VOLKERS MADEIRA BEACH
- Contact: Evan Pedone
- 727-394-7365
- DMCA Notice
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DescriptionDiscover a rare investment opportunity with this waterfront, 5 unit licensed hotel, just steps from the iconic John's Pass Village & Boardwalk and directly across the street from the sugar white sands of Madeira Beach. Recently refreshed with new furniture in 2025, this turn key property offers immediate income potential and year round appeal for both vacationers and long term guests. Privately nestled in a lush, tropical setting, the property includes four 2 bedroom, 1 bath units and one spacious 3 bedroom, 2 bath unita rare find in this area. Each unit features an individual electric meter, fully furnished, and equipped with full kitchens for a home away from home experience. Guests will appreciate designated parking spaces seven in total for assigned and guest parking a serene paver patios, and a private dock with electricity and waterperfect for boaters or simply enjoying sunsets on the Intracoastal Waterway. The property is outfitted with electronic door locks, making day to day operations seamless and ideal for remote management or self check in. The three bedroom unit adds unique flexibilityperfect for an owner operator, seasonal resident manager, or Airbnb host running the property remotely. A separate utility room houses a washer and dryer for guest use or if self managed to wash during turn over. Location is everything, and this property places guests within walking distance to John's Pass Village, a vibrant hub for shopping, waterfront dining, bars, live music, fishing charters, jet ski rentals, dolphin cruises, and more. With over 100 merchants, John's Pass is one of the most visited attractions on Floridas Gulf Coast, drawing more than 2 million visitors annually. Whether your guests are beach lovers, foodies, or adventure seekers, this one of a kind property is ideally situated for them to enjoy the very best of Florida's Gulf Coast. Dont miss this rare chance to own a fully licensed, turn key hospitality business in one of Tampa Bays most desirable waterfront destinations.
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Balcony, Courtyard, Fence, Sliding Doors, Storage
- Flooring: Ceramic Tile
- Living Area: 4022.00
- Other Structures: Storage
- Roof: Shingle
Land Information
- Lot Features: Flood Insurance Required, FloodZone, City Limits, Landscaped, Near Marina, Near Public Transit, Paved
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Assigned, Guest, Off Street
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Other Features
- Appliances: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Country: US
- Furnished: Furnished
- Interior Features: Eat-in Kitchen, Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Thermostat
- Legal Description: WILLIAM'S, BILL MADEIRA HARBOR SUB 1ST ADD LOT 36 & RIP RTS
- Area Major: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
- Parcel Number: 15-31-15-97830-000-0360
- View: Water
- Views: 15
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- Mobile: 561.201.4476
- dennisdialsells@gmail.com