$2,990,000
12955 Pelican Lane Madeira Beach, FL 33708
For Sale MLS# TB8399312
11 beds 6 baths 4,022 sq ft Multi-family
Details for 12955 Pelican Lane
MLS# TB8399312
Description for 12955 Pelican Lane, Madeira Beach, FL, 33708
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 unit—a 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 water—perfect 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 flexibility—perfect 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 Florida’s 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. Don’t miss this rare chance to own a fully licensed, turn-key hospitality business in one of Tampa Bay’s most desirable waterfront destinations.
Listing Information
Property Type: Residential, Multi Family
Status: Active
Bedrooms: 11
Bathrooms: 6
Lot Size: 0.15 Acres
Square Feet: 4,022 sq ft
Year Built: 1957
Construction: Block,Concrete
Subdivision: Williams Bill Madeira Harbor Sub 1st Add
Foundation: Slab
Number Of Units Total: 5
County: Pinellas
Additonal Room Information
Laundry: Inside, Laundry Room
Interior Features
Appliances: Electric Water Heater, Range, Refrigerator, Washer, Dryer, Microwave
Flooring: Ceramic Tile
Additional Interior Features: Built-in Features, Eat-In Kitchen, Living/Dining Room, Stone Counters, Wood Cabinets
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,Electricity Connected,Municipal Utilities,Sewer Connected,Water Connected
Cooling: Central Air
Heating: Central
Exterior / Lot Features
Parking Description: Assigned, Off Street, Guest
Roof: Shingle
Lot View: Intercoastal,Water
Lot Dimensions: 49x122
Additional Exterior/Lot Features: Sprinkler/Irrigation, Balcony, Courtyard, Fence, Storage, Balcony, Patio, Landscaped, City Lot, Near Public Transit, Flood Zone
Out Buildings: Storage
Waterfront Details
Water Front Features: Intracoastal Access
Unit Information
Unit 1 Units Total: 1
Unit 1 Baths Total: 2
Unit 1 Beds Total: 3
Unit 2 Units Total: 4
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Driving Directions
Gulf Blvd South, left onto 131st Ave E., Right onto Pelican Ln. Follow down to Belle Vista on left.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 15-31-15-97830-000-0360
Tax Amount: 29649.58
Tax Year: 2024
A broker reciprocity listing courtesy: ENGEL & VOLKERS MADEIRA BEACH
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Sales History & Tax Summary for 12955 Pelican Lane
Sales History
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Tax Summary
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Schools
Schools nearby 12955 Pelican Lane
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
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