Listing Details for MLS #U8237381
13015 Pelican Lane, Madeira Beach, Fl

Residential Property - Single Family Residence in Madeira Beach

Listing Price: $4,395,000 (Mortgage Calculator →)Days on Market: 167

Description of Property

Pre-Construction. To be built. Lot 25, with sister property under construction next door on Lot 24. Introducing an unparalleled coastal ownership experience, this 4 story plus double rooftop waterfront property offers unique zoning, allowing it to serve as an exquisite primary residence or a legally sanctioned short-term vacation rental allowing you to host lucrative nightly weekly or longer term stays.This is the ideal vacation property for hosting large or multiple families, corporate retreats, wedding parties, and more, it surpasses the experience of traditional accommodations, providing unmatched convenience, value and luxury. Crafted as a fortress and built to commercial construction codes with poured concrete floors and roof and steel trusses, and hurricane impact windows and doors, this single-family residence stands well above the FEMA flood zone, boasting almost 7000 sq ft of luxury living space, including 4600 sq ft of air-conditioned comfort along with a private pool & hot tub, double rooftop terraces, a 5 stop elevator offering simple transitions from floor to floor with lavish appointments. This home redefines upscale vacationing, offering panoramic views of the Gulf of Mexico, Boca Ciega Bay, and the Florida coastlines. With 9 bedrooms and 8.5 baths, this home offers flexibility, with some rooms easily adaptable to become a game room, theater, or chilled wine room should you choose to not maximize with 9 bedrooms, inspiration photos shown. As priced it is a 9 bedroom 8.5 bath residence.Situated in the heart of John's Pass Village, a hub of activity with millions of annual visitors, 120+ stores, bars, restaurants, watersports, tiki boat tours, pirate cruises, dolphins tours, fishing charters, parasails, jet ski and boat rentals are mere steps away. Nestled in a tranquil harbor teeming with sea life, including dolphins and manatees, the rental slips behind the homes do not convey yet offer unrivaled access to water activities and excursions for owners and guests. . The ground level is all about entertaining with a spacious covered lanai and area for an outdoor bbq area and pool, spa. The first living level delivers an outstanding chef’s kitchen with double quartz waterfall islands, top-of-the-line appliances overlooking the waterfront dining area, family room and patios. The first living level also features 2 ensuite guest bedrooms, powder bath and expansive entertaining deck. A 5-stop elevator assures easy transition from floor to floor. The second level offers 4 bedrooms - 2 ensuite bedrooms and 2 with a luxury Jack and Jill. The third level boasts an impressive primary suite which offers large sliders to an expansive terrace to gaze at the Johns Pass Sandbar and Boca Ciega Bay. 3 additional bedrooms which could be converted into an office, media room, chilled wine room, game room or whatever else you could imagine.. On the 5th floor you will find 2 expansive rooftop terraces offering over 1,600 SF, stunning beach vistas and captivating sunsets and sunrises. As an investment, it satisfies all desires with 3rd party projected annual income projections from Resort Rentals around the $500k range and potential for appreciation and significant cost segregation depreciation tax benefits. Whether seeking a dream vacation retreat, unique primary residence, or a savvy investment opportunity, this waterfront masterpiece offers the ultimate in coastal living and vacationing.Be one of the fortunate few. Land can be purchased separately.This is the only 9 bedroom/8 bath single family residence between $3,800,000 and $5,000,000 currently listed for sale in this Zip code.