Madeira Beach, FL 33708,12955 PELICAN LN
Madeira Beach, FL 33708,12955 PELICAN LN
Madeira Beach, FL 33708,12955 PELICAN LN
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$2,990,000
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11 Beds
6 Baths
4,022 SqFt
New

12955 PELICAN LN Madeira Beach, FL 33708

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,022 sqft

Price per Sqft $743

Subdivision Williams Bill Madeira Harbor Sub 1St Add

MLS Listing ID TB8399312

Bedrooms 11

HOA Y/N No

Year Built 1957

Annual Tax Amount $29,649

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 49x122

Property Sub-Type Multi Family

Source Stellar MLS

Property 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 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.

Location

State FL

County Pinellas

Community Williams Bill Madeira Harbor Sub 1St Add

Area 33708 - St Pete/Madeira Bch/N Redington Bch/Shores

Rooms

Other Rooms Inside Utility

Interior

Interior Features Eat-in Kitchen, Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Thermostat

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Furnishings Furnished

Fireplace false

Appliance Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Laundry Inside, Laundry Room

Exterior

Exterior Feature Balcony, Courtyard, Fence, Sliding Doors, Storage

Parking Features Assigned, Guest, Off Street

Utilities Available Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected

Waterfront Description Intracoastal Waterway

View Y/N Yes

Water Access Yes

Water Access Desc Intracoastal Waterway

View Water

Roof Type Shingle

Porch Patio

Garage false

Private Pool No

Building

Lot Description Flood Insurance Required, FloodZone, City Limits, Landscaped, Near Marina, Near Public Transit, Paved

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Concrete

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Membership Fee Required None

Listing Terms Cash, Conventional

Special Listing Condition None


Stellar MLS
Listed by ENGEL & VOLKERS MADEIRA BEACH

Learn More About LPT Realty

agent

Justen Abudaif

Agent | License ID: 261235796

+1(407) 459-2904

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12955 PELICAN LN