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$2,990,000
1 Day On Site

12955 PELICAN LANE
MADEIRA BEACH, FL 33708

For Sale|Multi Family|Active
11
Beds
6
Total Baths
4,022
SqFt
$743
/SqFt
1957
Built
Subdivision:
WILLIAMS BILL MADEIRA HARBOR SUB 1ST ADD
County:
Pinellas
Call Now: (727) 560-1985
Is this the listing for you? We can help make it yours.
(727) 560-1985
12955 PELICAN LANE12955 PELICAN LANE12955 PELICAN LANE12955 PELICAN LANE
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Monthly Payment (Est.)

$13,642
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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.

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Listing Snapshot
Price 
$2,990,000
Days On Site 
1 Day
Bedrooms 
11
Inside Area (SqFt) 
4,022 sqft
Total Baths 
6
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1957
MLS® Number 
TB8399312
Status 
Active
Property Tax 
$29,649.58
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
13 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.15
Foundation 
Slab
Parking 
AssignedGuestOff Street
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
4022
Utilities 
Cable AvailableElectricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
DryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher
Cooling 
Central Air
Flooring 
Ceramic Tile
Furnished 
Furnished
Heating 
Central
Interior 
Eat-in KitchenStone Counters
Laundry Features 
InsideLaundry Room
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Exterior Features
Construction Details 
BlockConcrete
Exterior 
BalconyCourtyardStorageDock
Lot Features 
LandscapedNear Public TransitPavedWaterfront
Other Structures 
Storage
Patio And Porch 
Patio
Roof 
Shingle
View 
Water
Waterfront 
Yes
Waterview 
Water
Community Features
Financing Terms Available 
CashConventional
MLS Area 
33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Roads 
Paved
Township 
31
Listing courtesy of ENGEL & VOLKERS MADEIRA BEACH 7274595543



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-07-04 05:22 AM EDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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