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 INCOME—despite limited bookings following the storms. IN THE FIRST SIX MONTHS OF 2025 (January - June), RENTAL INCOME HAS TOTALED $43,916. 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, John’s 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 opportunity—whether you’re looking for an investment, a personal getaway, or both. Don’t miss the chance to own a piece of paradise. Schedule your private showing today and make this your next home!
For sale
$765,000
12924 Gulf Blvd #502, Madeira Beach, FL 33708
1beds
865sqft
Est.:
Condominium
Built in 1979
-- sqft lot
$695,500 Zestimate®
$884/sqft
$796/mo HOA
What's special
Beachfront livingHeated poolSleek quartz countertopsOpen floor planOutdoor grilling areaStunning sunsetsCustom wood cabinets
- 133 days
- on Zillow |
- 148 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 10:56am
Listing Provided by:
Tony Anderson 727-251-3268,
NEXTHOME GULF COAST 727-282-5151
Source: Stellar MLS,MLS#: TB8364902
Originating MLS: Suncoast Tampa

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 224 Square Feet
- Dimensions: 16x14
Bathroom 1
- Level: First
- Area: 40 Square Feet
- Dimensions: 8x5
Dinette
- Level: First
- Area: 128 Square Feet
- Dimensions: 16x8
Kitchen
- Level: First
- Area: 160 Square Feet
- Dimensions: 16x10
Living room
- Level: First
- Area: 240 Square Feet
- Dimensions: 16x15
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
- Laundry: Same Floor As Condo Unit
Features
- Ceiling Fan(s), Crown Molding, Open Floorplan, Solid Surface Counters, Stone Counters, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl
- Doors: Outdoor Grill, Sliding Doors
- Windows: Storm Window(s), Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 865
- Total interior livable area: 865 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony, Outdoor Grill
- Has view: Yes
- View description: Gulf/Ocean - Full
- Has water view: Yes
- Water view: Gulf/Ocean - Full
- Waterfront features: Gulf/Ocean Front, Waterfront, Gulf/Ocean, Gulf/Ocean Access
- Body of water: GULF OF AMERICA
Lot
- Size: 0.92 Acres
Details
- Parcel number: 153115786440005020
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete
- Foundation: Concrete Perimeter, Pillar/Post/Pier
- Roof: Membrane
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected
Community & HOA
Community
- Features: Gulf/Ocean Front, Waterfront, Pool
- Subdivision: SANDY SHORES CONDO
HOA
- Has HOA: No
- Amenities included: Elevator(s), Pool, Recreation Facilities
- Services included: Common Area Taxes, Community Pool, Reserve Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Sewer, Trash, Water
- HOA fee: $796 monthly
- Pet fee: $0 monthly
Location
- Region: Madeira Beach
Financial & listing details
- Price per square foot: $884/sqft
- Tax assessed value: $592,600
- Annual tax amount: $8,514
- Date on market: 3/25/2025
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
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