• Listing status icon

    $1,295,000

  • Active | MLS#: U7793466
  • 4,022Sq Ft

12955 PELICAN LN MADEIRA BEACH, FL 33708

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Overview

Incredible opportunity! Completely renovated to like new condition, & luxuriously appointed. No expense was spared in the renovation of this amazing property. Waterfront Hotel/Motel/5 unit Apartment building that has multiple ways to earn revenue! Whether you assess the value of the land and the improvements, or look at the potential income, this property presents a great investment value with tremendous upside. *Income is estimated as there have been only a few months of operation since the renovation. The property has great feel & with very limited history renting to seasonal guest, it has received rave reviews, & hits a price point that is attractive to large groups, wedding parties ect. The dock is plumbed and powered. The seawall is new & has a ladder for access to the bay. Landscaping is irrigated with reclaimed water & the grounds have paver trails throughout the lush landscaping. All the exterior light fixtures are LED,(no bulbs to replace) as well as much of the lighting throughout the suite interiors. The interior finishes are exquisitely done with beachy decor, and solid wood cabinetry with granite counter tops, plantation shutters, and porcelain tile floors. Ceiling fans in every room., Laundry room and storage are shared and coin operated. ONLY ESTIMATED INCOME AVAILABLE & ACTUAL FIXED ANNUAL EXPENSES. BRAND NEW TURN-KEY, HASSLE-FREE, NEARLY MAINTENANCE FREE HOTEL/MOTEL Ready for it's new owner operator. Also, 2 slips that could produce income.

Listing provided courtesy of: TOTAL REALTY SERVICES INC

General Features

  • Property Style Five or More
  • Year Built 1957
  • Township 31
  • Taxes 6046
  • Tax Year 2015
  • MLS Area Major St Pete/Madeira Beach/N Redington Beach/Shores
  • Housing For Older Persons N/A
  • Financial Source Broker
  • Financing Available Cash, Flood Insurance Required, Other
  • County Or Parish Pinellas

Building Features

  • Architectural Style Florida
  • Air Conditioning Central
  • Appliances Included Dishwasher, Disposal, Dryer, Hot Water Electric, Microwave, Refrigerator, Washer
  • Kitchen Features Breakfast/Snackbar
  • Master Bath Features Shower No Tub
  • Green Water Features Irrigation-Reclaimed Water
  • Green Landscaping Fl. Friendly/Native Landscape
  • Heatingand Fuel Central, Heat Pump
  • Interior Features Blinds/Shades, Furnished, Smoke Alarm(S), Solid Stone Counters
  • Interior Layout Kitchen/Family Room Combo
  • Garage Features Assigned Parking
  • Green Energy Features Energy Star Roof Product,Energy Star Windows
  • Community Features Boat Slip, Dock, Irrigation-Reclaimed Water
  • Sq Ft Heated 4,022
  • Total Number Buildings 5
  • Roof Shingle

Property Features

  • Total Acreage Up to 10, 889 Sq. Ft.
  • Property Description 2 Levels
  • Lot Size Acres 0.15
  • Lot Size Sq Ft 6382
  • Lot Num 36
  • Location Close to Bus Line
  • Lot Dimensions 38x115x70x128
  • Exterior Construction Block, Stucco
  • Exterior Features Balcony/Sun Deck, Irrigation System, Open Patio, Patio/Porch/Deck Open, Sliding Doors, Trees/Landscaped
  • Waterfront Feet 76
  • Water View Bay/Harbor - Full
  • Water Name MADEIRA BAY
  • Water Extras Bridges - No Fixed Bridges, Sailboat Water, Seawall - Concrete
  • Water Frontage Bay/Harbor, Canal - Saltwater
  • Water Access Bay/Harbor, Canal - Saltwater, Intracoastal Waterway
  • Utilities Cable Available, Cable Connected, County Water, Electric, Public Sewer

Schools

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Price & Status History

Days on Market

  • This property has been listed on the market for 114 days

Location

The property map location is: Accurate, based on Google's address match.

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Demographics
Schools
Days on Market

Community Demographics for Zip Code 33708 (MADEIRA BEACH)

  • Housing Occupancy

    Home Owners
    5,667
    43%
    Renters
    2,163
    16%
    Vacant
    5,370
    41%
    Total Housing Units
    13,200
  • Households

    Average Household Size
    1.9
    Housing Density (People per square mile)
    4,395

Age Range (number of people)

Age 0-14
1,353
Age 15-24
960
Age 25-39
1,580
Age 40-59
3,512
Age 60-79
4,885
Age 80+
2,698
Total
14,988

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 33708 (MADEIRA BEACH)

Public Schools in Zip Code 33708 (MADEIRA BEACH)

* This list of schools may not match the property above.

  • MADEIRA BEACH MIDDLE SCHOOL
    591 MADEIRA BEACH CAUSEWAY MADEIRA BEACH, FL 33708
    Phone: 7275477697
    6th-8th
  • Grade Size Distribution
    • 6th
    • 265
    • 7th
    • 364
    • 8th
    • 379
    • Teachers: 64
    • Students per Teacher: 15.8
    • Students: 1008
    • Male/Female: 468/493
    • District: PINELLAS, 301 4TH ST SW LARGO, FL 33770
    • Phone: 7275886011
    • Schools: 180
    • Full-Time Teachers: 7878
    • Students per Teacher: 13.5
    • Staff: 14692
    • Students: 106061
  • MADEIRA BEACH ELEMENTARY SCHOOL
    749 MADEIRA BEACH CAUSEWAY MADEIRA BEACH, FL 33708
    Phone: 7275477838
    PreK-5th
  • Grade Size Distribution
    • PreK
    • 23
    • Knd
    • 47
    • 1st
    • 58
    • 2nd
    • 56
    • 3rd
    • 72
    • 4th
    • 75
    • 5th
    • 80
    • Teachers: 30
    • Students per Teacher: 13.7
    • Students: 411
    • Male/Female: 226/171
    • District: PINELLAS, 301 4TH ST SW LARGO, FL 33770
    • Phone: 7275886011
    • Schools: 180
    • Full-Time Teachers: 7878
    • Students per Teacher: 13.5
    • Staff: 14692
    • Students: 106061
  • Private Schools in Zip Code 33708 (MADEIRA BEACH)

    * This list of schools may not match the property above.

    • Keswick Christian School
      10101 54th Ave. N St. Petersburg, FL 33708
      Phone: 7273939100
      PreK-12th
    • Grade Size Distribution
      • PreK
      • 49
      • Knd
      • 35
      • 1st
      • 44
      • 2nd
      • 36
      • 3rd
      • 42
      • 4th
      • 36
      • 5th
      • 39
      • 6th
      • 56
      • 7th
      • 37
      • 8th
      • 51
      • 9th
      • 58
      • 10th
      • 42
      • 11th
      • 61
      • 12th
      • 46
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 632

    * School data provided by US Department of Education


Listing information provided in part by the IDX Program of MFRMLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Data last updated on 1/22/2017 12:38 AM PST.

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* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional