Headshot for Associate Marisa Brewer
  1. Marisa Brewer, Broker,REALTOR ®,e-PRO
  2. Preferred Property Associates Inc
  3. Office: 352.688.1303
  4. Mobile: 352.279.3522
  5. mbrewer@pparealty.com
12955 Pelican Lane, MADEIRA BEACH, FL 33708
  • MLS#: TB8399312 ( Residential Income )
  • Street Address: 12955 Pelican Lane
  • Viewed: 3
  • 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: 2
  • 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
  • mfrmls
  • DMCA Notice
  • Description
    Discover 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
Waterfront Description
  1. Intracoastal Waterway
Appliances
  1. Dryer
  2. Electric Water Heater
  3. Microwave
  4. Range
  5. Refrigerator
  6. Washer
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Balcony
  2. Courtyard
  3. Fence
  4. Sliding Doors
  5. Storage
Flooring
  1. Ceramic Tile
Furnished
  1. Furnished
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Interior Features
  1. Eat-in Kitchen
  2. Living Room/Dining Room Combo
  3. Solid Wood Cabinets
  4. Stone Counters
  5. Thermostat
Legal Description
  1. WILLIAM'S
  2. BILL MADEIRA HARBOR SUB 1ST ADD LOT 36 & RIP RTS
Living Area
  1. 4022.00
Lot Features
  1. Flood Insurance Required
  2. FloodZone
  3. City Limits
  4. Landscaped
  5. Near Marina
  6. Near Public Transit
  7. Paved
Area Major
  1. 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Other Structures
  1. Storage
Parcel Number
  1. 15-31-15-97830-000-0360
Parking Features
  1. Assigned
  2. Guest
  3. Off Street
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 31
Utilities
  1. Cable Available
  2. Electricity Connected
  3. Public
  4. Sewer Connected
  5. Water Connected
View
  1. Water
Water Source
  1. Public
Year Built
  1. 1957
Headshot for Associate Marisa Brewer
  1. Marisa Brewer, Broker,REALTOR ®,e-PRO
  2. Preferred Property Associates Inc
  3. Office: 352.688.1303
  4. Mobile: 352.279.3522
  5. mbrewer@pparealty.com