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For Sale

12955 PELICAN LN

12955 PELICAN LN, MADEIRA BEACH, FL 33708

$2,990,000
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.

11
beds

6
baths

4,022 Sq.Ft. LIVING AREA

6,395 Sq.Ft. lot

Evan Pedone

Evan Pedone

Ashley Pedone

Ashley Pedone

Features & Amenities

Interior

  • total bedrooms11
  • Total bathrooms6
  • Laundry room Inside, Laundry Room
  • Flooring Ceramic Tile
  • APPLIANCES Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • other interior Features Eat-in Kitchen, Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Thermostat

Area & Lot

  • Status For Sale
  • Living Area4,022 Sq.Ft.
  • Lot Area6,395 Sq.Ft.
  • MLS® IDTB8399312
  • TypeMulti-Family
  • YEAR BUILT1957
  • NeighborhoodMadeira Beach
  • Water FrontageIntracoastal Waterway
  • View DescriptionWater

Exterior

  • water SourcePublic
  • utilitiesCable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • roofShingle
  • lot featuresFlood Insurance Required, Flood Zone, City Limits, Landscaped, Near Marina, Near Public Transit, Paved
  • parkingAssigned, Guest, Off Street
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • SubstructureSlab
  • other exterior FeaturesBalcony, Courtyard, Fence, Sliding Doors, Storage

Financial

  • Sales Price$2,990,000
  • Real Estate Tax $29,650/yr
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We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 12955 PELICAN LN, MADEIRA BEACH, FL 33708. We are reviewing your request and will be in touch shortly!

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