12955 PELICAN LANE

$ 2,990,000

Overview

  • Updated On:
  • November 30, 2025
  • 11 Bedrooms
  • 6 Bathrooms
  • 4,022 ft2 Area Size
  • TB8399312 MLS ID

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.

Listing updated: November 29, 2025 at 10:20pm

Listed by Realtor: Evan Pedone

Listed by office:  ENGEL & VOLKERS MADEIRA BEACH

Source: Stellar MLS

Amenities and Features

Other Features
1
Balcony
Courtyard
Dryer
Eating Space In Kitchen
Electric Water Heater
Fenced
Has a View
Has Cooling System
Has Heating System
Has Waterfront
Irrigation System
Living Room/Dining Room Combo
Microwave
Range
Refrigerator
Sliding Doors
Solid Wood Cabinets
Stone Counters
Storage
Thermostat
Washer

Map

Property Address

Address: 12955 PELICAN LANE
State/County:
Zip: 33708
Country: US

Property Details

Property Id: 1979647
Price: $ 2,990,000
Property Size: 4,022 ft2
Property Lot Size: 0 ft2
Bedrooms: 11
Bathrooms: 6
BuildingAreaTotal: 4022
CoListAgentFullName: Ashley Pedone
CoListAgentMlsId: 260048703
CoListOfficeMlsId: 283504628
CoListOfficeName: ENGEL & VOLKERS MADEIRA BEACH
ConstructionMaterials: Block,Concrete
ContractStatusChangeDate: 2025-07-02
Cooling: Central Air
CumulativeDaysOnMarket: 150
DaysOnMarket: 150
Directions: Gulf Blvd South, left onto 131st Ave E., Right onto Pelican Ln. Follow down to Belle Vista on left.
Flooring: Ceramic Tile
FoundationDetails: Slab
Furnished: Furnished
Heating: Central
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
LaundryFeatures: Inside,Laundry Room
ListAOR: Suncoast Tampa
ListAgentAOR: Suncoast Tampa
ListAgentEmail: evan.pedone@evrealestate.com
ListAgentFullName: Evan Pedone
ListAgentKey: fdb983ae0a849bb8cbccd6f65f0684c3
ListAgentMlsId: 260042669
ListAgentPreferredPhone: 727-459-5543
ListOfficeKey: e3475530cf4e31226821f8f2a5f3908d
ListOfficeMlsId: 283504628
ListOfficeName: ENGEL & VOLKERS MADEIRA BEACH
ListOfficePhone: 727-394-7365
ListingContractDate: 2025-07-01
ListingId: TB8399312
ListingTerms: Cash,Conventional
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotFeatures: Flood Insurance Required,FloodZone,City Lot,Landscaped,Near Marina,Near Public Transit
LotSizeArea: 6395
LotSizeDimensions: 49 x 122
LotSizeSquareFeet: 6395
LotSizeUnits: Square Feet
MLSAreaMajor: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
MlsStatus: Active
Last Modified: November 29, 2025 at 10:20pm
NumberOfBuildings: 1
NumberOfUnitsTotal: 5
OnMarketDate: 2025-07-02
OriginalEntryTimestamp: July 2, 2025 at 07:11pm
OriginalListPrice: 2990000
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
OtherStructures: Storage
Ownership: Fee Simple
ParcelNumber: 153115978300000360
ParkingFeatures: Assigned,Guest,Off Street
PatioAndPorchFeatures: Patio
PhotosChangeTimestamp: September 4, 2025 at 06:25am
PhotosCount: 100
PostalCodePlus4: 2679
RoadFrontageType: Street Paved
RoadSurfaceType: Paved
Roof: Shingle
Sewer: Public Sewer
SourceSystemKey: 762686015
SpecialListingConditions: None
StateOrProvince: FL
StatusChangeTimestamp: July 2, 2025 at 07:11pm
StreetName: PELICAN
StreetNumber: 12955
StreetNumberNumeric: 12955
StreetSuffix: LANE
TaxAnnualAmount: 29649.58
TaxBlock: 000
TaxBookNumber: 25-67
TaxLegalDescription: WILLIAM'S, BILL MADEIRA HARBOR SUB 1ST ADD LOT 36 & RIP RTS
TaxLot: 36
TaxYear: 2024
Utilities: Cable Available,Electricity Connected,Public,Sewer Connected,Water Connected
View: Water
WaterSource: Public
WaterfrontFeatures: Intracoastal Waterway
YearBuilt: 1957

Payment Calculator

$ 15,330.32
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 11,592.82

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