12955 Pelican Lane, Madeira Beach, FL 33708 | MLS U7793466 | Listing Information | BHHS Florida Realty

12955 Pelican Lane,  Madeira Beach FL, 33708

Status: Active
MLS#: U7793466
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Last Updated: 12/5/2016 12:53 PM
Description for 12955 Pelican Lane Madeira Beach, FL 33708
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.
Price
$1,295,000
Williams Bill Madeira Harbor Sub 1ST Add
Pinellas
U7793466
Active
Description
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 Information
Property Type: Other
0.15 Acres $321.98 1957
Block, Stucco
31//
Williams Bill Madeira Harbor Sub 1ST Add
Reclaimed Irrigation Water, County Water
Public Sewer
Cable TV, Electric
5 Total
Neighborhood
Room Information
Kitchen Combo
Breakfast Area
Shower Only
Interior Features
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Central Air
Heat Pump, Central
Window Blinds, Furnished, Smoke Alarm, Stone Counter Top
Exterior / Lot Features
Assigned Parking Space
Stucco
Balcony, Patio
Shingle
None
No Pool
38x115x70x128, Up to 10,889 Sq. Ft.
Sail Boat Water, Bay, Boat Slip, Seawall, Irrigation System, Landscaped, Close to Bus Line
Community Features
Bus Line
Driving Directions
From Bay Pines Blvd and junction 666 take 666 to west to Gulf Blvd. Turn left heading south on Gulf Blvd., until you reach 131st Ave turn left(North) to Pelican Lane turn right and the property is on left.
Financial Considerations
15-31-15-97830-000-0360
$6,046
2015
Market Trends and Price History
Listing Price History

Madeira Beach Real Estate

Madeira Beach is located in Florida. Madeira Beach, Florida 33708 has a population of 4,281.

The median household income in Madeira Beach, Florida 33708 is $51,596. The median household income for the surrounding county is $46,051 compared to the national median of $53,046. The median age of people living in Madeira Beach 33708 is 55.8 years.

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Courtesy: TOTAL REALTY SERVICES INC


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