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12924 Gulf Boulevard 502
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PRICED AT ONLY: $759,000

Address: 12924 Gulf Boulevard 502, MADEIRA BEACH, FL 33708

Description

Whether you're looking for a dream vacation home or a profitable investment property, this condo delivers. Income producing short term rentals are allowed, and in 2024, this unit generated $73,662 in rental incomedespite limited bookings following the storms. In the first six months of 2025 (january june), ytd rental income totaled $43,916. Makes for an excellent 1031 exchange opportunity. Welcome to beachfront living at sandy shores condominiums, where the gulf of mexico is your backyard, and the possibilities for both relaxation and investment are endless. This beautifully updated top floor penthouse is one bedroom, one bath condo and perfectly positioned directly on the sand, offering breathtaking gulf views and stunning sunsets that make every evening unforgettable. Step inside to discover an open floor plan designed for both comfort and functionality. The living area and kitchen blend seamlessly, creating the perfect space to relax or entertain while taking in the spectacular views of the gulf. The updated kitchen features custom wood cabinets, sleek quartz countertops, and stainless steel appliances, offering a modern, coastal chic aesthetic. Hurricane impact windows enhance both safety and serenity, allowing you to fully enjoy the peaceful sounds of the waves and the salty ocean breeze. To make ownership effortless, this unit is being sold fully furnished, including dishes, silverware, linens, bedding, and everything needed to accommodate future rental guests, with only a few pictures and personal mementos excluded. Beyond the condo itself, sandy shores condominiums offers a variety of desirable amenities to enhance the beachfront lifestyle. Spend your days lounging by the heated pool overlooking the beach, host a cookout in the outdoor grilling area, enjoy dining beneath the tiki hut, or take advantage of the bicycle storage for scenic rides along the coast. Just across the street, johns pass village & boardwalk provides endless entertainment, featuring waterfront restaurants, boutique shops, fishing charters, dolphin watching tours, and water activities like boat rentals and parasailing. The prime location also offers easy access to st. Petersburg, tampa, and world famous clearwater beach, making this an exceptional spot for vacationers and full time residents alike. For added peace of mind, sandy shores has completed all required structural integrity inspections and reserve studies. Recent community improvements to the roof, balconies, a new emergency generator, and resurfacing of the pool and parking lot, ensuring the property remains in excellent condition for years to come. And the reserves are fully funded. Take a walk through the virtual tour at https://my. Matterport. Com/show/? M=w6m2retxlvh&brand=0&mls=1& with its prime beachfront location, strong rental history, and no restrictions on owner use, this condo presents an incredible opportunitywhether youre looking for an investment, a personal getaway, or both. Dont miss the chance to own a piece of paradise. Schedule your private showing today and make this your next home!

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More Like This
  • MLS#: TB8364902 ( Residential )
  • Street Address: 12924 Gulf Boulevard 502
  • Viewed: 88
  • Price: $759,000
  • Price sqft: $877
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Gulf/Ocean
  • Year Built: 1979
  • Bldg sqft: 865
  • Bedrooms: 1
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 147

Description

Whether you're looking for a dream vacation home or a profitable investment property, this condo delivers. Income producing short term rentals are allowed, and in 2024, this unit generated $73,662 in rental incomedespite limited bookings following the storms. In the first six months of 2025 (january june), ytd rental income totaled $43,916. Makes for an excellent 1031 exchange opportunity. Welcome to beachfront living at sandy shores condominiums, where the gulf of mexico is your backyard, and the possibilities for both relaxation and investment are endless. This beautifully updated top floor penthouse is one bedroom, one bath condo and perfectly positioned directly on the sand, offering breathtaking gulf views and stunning sunsets that make every evening unforgettable. Step inside to discover an open floor plan designed for both comfort and functionality. The living area and kitchen blend seamlessly, creating the perfect space to relax or entertain while taking in the spectacular views of the gulf. The updated kitchen features custom wood cabinets, sleek quartz countertops, and stainless steel appliances, offering a modern, coastal chic aesthetic. Hurricane impact windows enhance both safety and serenity, allowing you to fully enjoy the peaceful sounds of the waves and the salty ocean breeze. To make ownership effortless, this unit is being sold fully furnished, including dishes, silverware, linens, bedding, and everything needed to accommodate future rental guests, with only a few pictures and personal mementos excluded. Beyond the condo itself, sandy shores condominiums offers a variety of desirable amenities to enhance the beachfront lifestyle. Spend your days lounging by the heated pool overlooking the beach, host a cookout in the outdoor grilling area, enjoy dining beneath the tiki hut, or take advantage of the bicycle storage for scenic rides along the coast. Just across the street, johns pass village & boardwalk provides endless entertainment, featuring waterfront restaurants, boutique shops, fishing charters, dolphin watching tours, and water activities like boat rentals and parasailing. The prime location also offers easy access to st. Petersburg, tampa, and world famous clearwater beach, making this an exceptional spot for vacationers and full time residents alike. For added peace of mind, sandy shores has completed all required structural integrity inspections and reserve studies. Recent community improvements to the roof, balconies, a new emergency generator, and resurfacing of the pool and parking lot, ensuring the property remains in excellent condition for years to come. And the reserves are fully funded. Take a walk through the virtual tour at https://my. Matterport. Com/show/? M=w6m2retxlvh&brand=0&mls=1& with its prime beachfront location, strong rental history, and no restrictions on owner use, this condo presents an incredible opportunitywhether youre looking for an investment, a personal getaway, or both. Dont miss the chance to own a piece of paradise. Schedule your private showing today and make this your next home!
Request More Information
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Outdoor Grill, Sliding Doors
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Living Area: 865.00
  • Roof: Membrane
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected
Amenities
  • Association Amenities: Elevator(s), Pool, Recreation Facilities
Finance and Tax Information
  • Home Owners Association Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Trash, Water
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Country: US
  • Interior Features: Ceiling Fans(s), Crown Molding, Open Floorplan, Solid Surface Counters, Stone Counters, Walk-In Closet(s), Window Treatments
  • Legal Description: SANDY SHORES CONDO UNIT 502 TOGETHER WITH THE USE OF PARKING SPACE 65 AKA 502
  • Levels: One
  • Area Major: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
  • Occupant Type: Tenant
  • Parcel Number: 15-31-15-78644-000-5020
  • Unit Number: 502
  • Views: 88
Nearby Subdivisions
Collwood The Condo   Gulf Shores 2nd Add   Kima Condo   Madeira Beach Yacht Club Condo   Madeira Cove Condo   Madeira Del Mar Condominium   Madeira Norte Condo   Madeira Place Condo   Madeira Towers Condo   Ocean Sands One Condo   Ocean Sands Two Condo   Residences At Town Center Cond   Sandy Shores Condo   Sea Breeze Of Madeira Condo   Shores Of Long Bayou Condo   Shores Of Madeira Condo   Snug Harbour Condo   Surfside South Condo   Surfside Tower Condo   The Residences At Town Center   Trillium Condo The   Villa Madeira Condo  
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