The Pegasus Lounge is Tampa Bay's best hot spot for live original music / comedy. We feature 60+ bands every month.  We are proud to host all genres from hard rock to folk, blues, americana rock, acoustic, goth-industrial, to punk/hardcore, hip hop & stand up comedy. The Pegasus Lounge has it all. We have a capacity of 200 and a large stage with an excellent sound system. We offer the best Karaoke and/or Pornaoke in the Tampa Bay area along with a diversified Open Jam/Mic Night.

The Pegasus Lounge is a full service liquor bar featuring 12 beers on tap; including two of our own local brewery beers; Cigar City Jai Lai & Florida Ave., 25+ bottled beers, and many Imports. We offer a package store for your convenience 7 days a week 11:00 A.M. - 3:00 A.M.

Sit back and relax with an icy cold beverage of your choice. Come enjoy the people, the atmosphere, the friendly staff and live entertainment at the Pegasus Lounge.