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Waterfront Hotel Near John's Pass
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12955 Pelican Ln, Madeira Beach, FL 33708

Turn-key, 5-unit waterfront hotel near Madeira Beach.

Property Size4,022 SF
Price / SF$743.41
Days on Market406

Property Features for 12955 Pelican Ln

General Information

Standard status Active
Size 4,022 SF
Total Parking Spaces 7
Property subtype Hospitality, Multifamily
Investment Type Value Add

Building Details

Year Renovated 2025
Buildings 1
Stories 2
Units 5
Listing Agency: Engel & Völkers Madeira Beach
Listed By: Ashley Pedone · License #SL3462455
Source: Crexi
Added: Jul 3, 2025 Changed: Aug 8 Last Checked: Aug 12 at 4:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engel & Völkers Madeira Beach

Investment Insights

Based on property information with market context.

This waterfront property features a 5-unit licensed hotel, located near John's Pass Village & Boardwalk and across from Madeira Beach. The property, recently refreshed with new furniture in 2025, includes four 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit. Each unit is fully furnished and equipped with a full kitchen, as well as an individual electric meter. The property provides seven designated parking spaces for assigned and guest parking. Guests can enjoy paver patios and a private dock with electricity and water, suitable for boaters. Electronic door locks are installed for operational efficiency. The three-bedroom unit offers flexibility for an owner-operator, seasonal resident manager, or Airbnb host. A separate utility room houses a washer and dryer. Situated within walking distance to John's Pass Village, the location provides access to shopping, waterfront dining, bars, live music, fishing charters, and jet ski rentals. The property is in a tropical setting on the Intracoastal Waterway.

Key Highlights

  • Waterfront, 5‑unit licensed hotel offering immediate income potential.
  • Prime location steps from John's Pass Village & Boardwalk and across from Madeira Beach.
  • Turn‑key property with new furniture (2025), fully furnished units, and electronic door locks for seamless management.

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Building Supply Hair Salon Auto Repair Shop Law Firm Pharmacy HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

514
Businesses Nearby

Demographics for 33708, FL

16,034
Population
13,211
Households
1.2
Avg Household Size
60
Median Age
44%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
4,716
Density / Sq Mi
$83,773
Median Household Income
$49,403
Median Earnings
$1,961
Median Rent
$463,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Hotel - Turn-key, 5-unit waterfront hotel near Madeira Beach.
Where is this hotel located?
The property is located at 12955 Pelican Ln Madeira Beach, FL.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: Waterfront, 5‑unit licensed hotel offering immediate income potential.; Prime location steps from John's Pass Village & Boardwalk and across from Madeira Beach.; Turn‑key property with new furniture (2025), fully furnished units, and electronic door locks for seamless management.
(727) 459-5543 Call to check price and availability
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