12955 Pelican Lane, Madeira Beach, FL – Just Listed

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12955 Pelican Lane, Madeira Beach, FL

Just Listed

$ Click for current price
11 BEDROOMS | 10 (10 full ) BATHROOMS | 4022 SQUARE FEET

Property 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.See more pics @ http://www.bellevistahotel.com/



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