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Property
Beds
11
Full Baths
None
1/2 Baths
None
Year Built
1957
Sq.Footage
4,022
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.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Stone Counters
-
Total Bedrooms
11
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
Exterior
-
Garage
No
-
Construction Materials
Block, Concrete
-
Other Exterior Features
Balcony, Courtyard, Storage, Dock
-
Parking
Assigned, Guest, Off Street
-
Patio and Porch Features
Patio
-
Pool
No
-
Waterfront YN
YES
-
View
Water
Area & Lot
-
Lot Features
Landscaped, Near Public Transit, Paved, Waterfront
-
Lot Size(acres)
0.15
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$2,990,000
-
Tax Amount
29649.58
-
Sq. Footage
4, 022
-
Price/SqFt
$743
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Evan Pedone , ENGEL & VOLKERS MADEIRA BEACH
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Business Coach | Executive Sales Associate | Realtor®
MichaelGraf
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