12955 Pelican Ln Madeira Beach, FL 33708
Property details
About 12955 Pelican Ln
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.
Highlights
Summary
- Appliances: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Flooring Type: Ceramic Tile
- Interior: Eat-in Kitchen, Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Thermostat
- Total Bedroom Count: 11
- Private Pool: No
- Parking: Assigned, Guest, Off Street
- Waterfront: Intracoastal Waterway
- View: Water
- Exterior: Balcony, Courtyard, Fence, Sliding Doors, Storage
- Heating: Central
- Cooling: Central Air
- List Price: $2,990,000
- Price/SqFt: $743
- HOA Amount: $0
- Annual Tax Amount: $36,721
- Tax Year: 2023
- Lot: Flood Zone, City Lot, Landscaped, Near Marina, Near Public Transit, Paved
- Directions: Gulf Blvd South, left onto 131st Ave E., Right onto Pelican Ln. Follow down to Belle Vista on left.
- Year Built: 1957
- Living Area: 4,022 SqFt
- Lot Size: 0.15 Acres
- MLS Number: TB8399312
- MLS Name: MFRMLS
- Office Name: ENGEL & VOLKERS MADEIRA BEACH
- Office Phone: (727) 394-7365
- Listing Agent: Evan Pedone
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 08, 2022 | Home Sold | $2,770,000 |
| Apr 20, 2021 | Home Sold | $1,625,000 |
| Sep 19, 2017 | Home Sold | $1,100,000 |
| Jan 29, 2015 | Home Sold | $505,000 |
| Jul 24, 2002 | Home Sold | $465,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $2,275,000 | $36,721 |
| 2022 | $1,365,000 | $22,190 |
| 2021 | $765,000 | $22,190 |
| 2020 | $920,000 | $13,094 |
| 2019 | $935,000 | $16,411 |
| 2018 | $945,000 | $16,216 |
| 2017 | $465,000 | $7,981 |
History based on county public records data.
Nearby schools
7
Azalea Elementary
Public District PK-5
2.5 mi
•1680 74th St N
9
Pasadena Fundamental Elementary School
Public Magnet KG-5
2.9 mi
•95 72nd St N
7
Seventy - Fourth St. Elementary
Public District PK-5
3.0 mi
•3801 74th St N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,754. The majority of Madeira Beach, FL residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Continuing Education Courses
Horse Races
Hiking/backpacking
Where do the neighbors shop?
Express/Express For Men
Stein Mart
Nordstrom Rack
Where do the neighbors go to eat?
Qdoba
LongHorn Steakhouse
Chipotle
What do the neighbors drive?
Volkswagen
Buick
Mazda
What do the neighbors listen to?
Urban Contemporary
Contemporary Inspirational
Rock
Frequently asked questions
About 12955 Pelican Ln
The listing price of 12955 Pelican Ln property is $2,990,000.
The property 12955 Pelican Ln is a multi located in Madeira Beach, Florida, 33708.
Active Listing: 12955 Pelican Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12955 Pelican Ln are: Azalea Elementary (GreatSchools Rating 7/10), Pasadena Fundamental Elementary School (GreatSchools Rating 9/10), Seventy - Fourth St. Elementary (GreatSchools Rating 7/10), Madeira Beach Fundamental K-8 (GreatSchools Rating 9/10), Azalea Middle School (GreatSchools Rating 2/10), Plato Academy of St.Petersburg (GreatSchools Rating 7/10), St. Petersburg Collegiate High School (GreatSchools Rating 10/10), Dixie Hollins High School (GreatSchools Rating 4/10), Boca Ciega High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $36,721 (source: MLS/based on county public records data).
The last sale was on November 8, 2022 for $2,770,000 (source: MLS/tax record).
The property 12955 Pelican Ln is 4,022 SqFt (source: MLS/tax record).
The year of construction for 12955 Pelican Ln is 1957.
This home is located at 12955 Pelican Ln in Madeira Beach, FL and zip code 33708. This 4,022 square foot home, which was built in 1957, sits on a 0.15 acre lot. Features: 11 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 2, 2025 and is currently priced at $2,990,000.
In June 2025, from all listings sold in Madeira Beach, FL there were more than 2 sold above asking price, over 16 sold below and more than 0 were sold right at the asked price. The number of listings in Madeira Beach, FL increased by 3.1% between May and June 2025. The median list price of listings available in June 2025 was $628,000, while the average time on the real estate market was 64 days.