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Off market
  • $1,613,700

    12955 Pelican Ln, Saint Petersburg, FL 33708

    11beds
    6baths
    --sqft
    Other
    Built in 1957
    -- sqft lot
    $1,613,700 Zestimate®
    $--/sqft
    $5,088 Estimated rent

    Home value

    $1,613,700

    $1.39M - $1.87M

    $5,088/mo

    Zestimate® history
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    $5,088/mo

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    $5,088/mo

    Rent Zestimate®

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    $11,102/mo

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    $11,102/mo

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    What's special

    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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: Engel & Volkers,MLS#: TB8399312MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 6

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Other
    Condition
    • Year built: 1957

    Community & neighborhood

    Location
    • Region: Saint Petersburg

    Price history

    DateEventPrice
    1/1/2026Listing removed$2,990,000
    Source: Stellar MLS #TB8399312 Report a problem
    7/2/2025Listed for sale$2,990,000+84%
    Source: Stellar MLS #TB8399312 Report a problem
    4/12/2021Sold$1,625,000+8.3%
    Source: Stellar MLS #U8114377 Report a problem
    3/2/2021Pending sale$1,500,000
    Source: Stellar MLS #U8114377 Report a problem
    2/26/2021Listed for sale$1,500,000
    Source: Stellar MLS #U8114377 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 33708

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,613,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,613,700