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Julia Vakulenko - Broker -

TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441 TB8473441
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12924 GULF BLVD #502, MADEIRA BEACH, 33708



Property highlights

  • MLS#: TB8473441
  • 40,089.00 lot size Sq.Ft.
  • Year built: 1979
  • Floor: 5
  • Pool: Community pool
  • Waterfront: (120 ft)
  • Listed: 02/06/2026
  • Taxes: $8,514.80
  • Condo maintenance: $796.00 Monthly
  • Average Monthly Fees (not including CDD, if any): $796.00
  • Maintenance fee includes: Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Trash and Water
  • Building Name: SANDY SHORES
  • Virtual Tour

Property Overview

Wake up to the sound of waves, salty Gulf breezes, and uninterrupted blue horizons—this top-floor beachfront penthouse is where the Florida dream becomes reality.

Welcome to 12924 Gulf Blvd #502, perched high above the sugar-sand shoreline in Madeira Beach at Sandy Shores Condominiums. Whether you’re searching for a personal coastal escape, a proven income producer, or a smart 1031 exchange opportunity, this residence delivers on every front.

From the moment you step inside, your eyes are drawn to sweeping, unobstructed views of the Gulf. The open-concept living space is filled with natural light and framed by hurricane-impact windows, creating a bright, airy atmosphere that feels both relaxed and refined. The updated kitchen features custom wood cabinetry, quartz countertops, and stainless steel appliances, perfectly positioned for effortless entertaining or quiet evenings after a day at the beach.

The one-bedroom, one-bath layout is thoughtfully designed and sold fully furnished, including linens, cookware, and décor—truly turnkey for immediate enjoyment by you or your guests. Step outside and take advantage of resort-style amenities including a heated beachfront pool, grilling area, tiki hut, and convenient bicycle storage—all just steps from the sand.

This property shines not only as a lifestyle purchase, but as a high-performing investment. Zoned for short-term rentals with no restrictions on owner use, the unit generated $73,000 in rental income in 2024 (despite storm-related booking disruptions) and $71,000 in 2025, making it a standout opportunity in a highly desirable market.

Peace of mind comes standard here. The building has completed all required structural integrity inspections and reserve studies, boasts fully funded reserves, and has undergone significant recent improvements including upgraded balconies, resurfaced pool and parking lot, and a backup generator—rare and valuable features for a beachfront condominium.

Location elevates everything. Situated directly on the beach and just steps from John’s Pass Village & Boardwalk, you’ll enjoy unmatched walkability to waterfront restaurants, boutique shops, fishing charters, boat rentals, dolphin tours, and live entertainment. St. Pete, Clearwater Beach, and Tampa are all an easy drive away, keeping this condo in constant demand with visitors year-round.

This is more than a condo—it’s a proven income-producing beachfront penthouse in one of Florida’s most beloved coastal destinations. Opportunities like this are rare. Schedule your private showing and experience it for yourself.

Driving directions : From the Tom Stuart Causeway, turn South (left) onto Gulf Blvd. Travel approximately 1.5 mile. Sandy Shores is on the right (beach) side of the road directly across the street from John's Pass. Park in guest spots nearest Gulf Blvd.

Property Features

Rooms Dimension Description
Living Room 16x15 First level , Luxury Vinyl
Dinette 16x8 First level , Ceramic Tile
Kitchen 16x10 First level , Ceramic Tile
Primary Bedroom 16x14 First level , Luxury Vinyl
Bathroom 1 8x5 First level , Ceramic Tile

Interior Features

  • Ceiling Fans(s)
  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Stone Counters
  • Walk-In Closet(s)
  • Window Treatments

Appliances

  • Dishwasher
  • Disposal
  • Microwave
  • Range
  • Refrigerator

Heating

  • Electric

Laundry features

  • Same Floor As Condo Unit

Air Conditioning

  • Central Air

Floor Covering

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl

Utilities

  • Cable Connected
  • Electricity Connected
  • Sewer Connected
  • Water Connected

Exterior features

  • Balcony
  • Outdoor Grill
  • Sliding Doors

Pets restrictions

  • Property owners only.
  • 1 pet(s) allowed
  • Small (16-35 Lbs.)

Community Features

  • Pool

Construction Materials

  • Concrete

Road Surface Type

  • Paved

Roof

  • Membrane

Foundation

  • Concrete Perimeter
  • Pillar/Post/Pier

Listing information courtesy of NEXTHOME GULF COAST

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