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12924 Gulf Boulevard Unit 502

Madeira Beach, FL 33708

1 bed
1 bath
865 sqft
~1 acre lot
$884 per sqft
1979 build
– on site

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. Luxury vinyl plank flooring in the main living area adds warmth and durability, while tile floors in the kitchen, bathroom, and entry provide easy maintenance. Hurricane impact windows enhance both safety and serenity, allowing you to fully enjoy the peaceful sounds of the waves and the salty ocean breeze. 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 alone, this unit generated $73,662 in rental income—despite limited bookings following recent storms. 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 upgrades include a new roof, balcony repairs, 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!

Listing courtesy of STELLAR_MLS / NEXTHOME GULF COAST

Last checked: Checking… • Last updated Apr 21, 2025 •

MLS# TB8364902 —

The Building

Year Built:

1979
New Construction:

false
Construction Materials:

Concrete
Building Elevator:

true
Levels:

One
Stories Total:

1
Roof:

Membrane
Foundation Details:

Concrete Perimeter
Window Features:

Storm Window(s)
Floor Number:

5
Unit Number:

502
Building Area Total:

865
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

865
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

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.
Latitude:

27.785011
Longitude:

-82.783973
Coordinates:

-82.783973, 27.785011

The Property

Parcel Number:

153115786440005020
Property Type:

Residential
Property Subtype:

Condominium
Lot Size Acres:

0.92
Lot Size Area:

40089
Lot Size SqFt:

40089
Lot Size Units:

Square Feet
Direction Faces:

East
View:

false
Exterior Features:

Balcony
Water Source:

Public
Road Surface Type:

Paved
Flood Zone Code:

AE
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

502
Tax Legal Description:

SANDY SHORES CONDO UNIT 502 TOGETHER WITH THE USE OF PARKING SPACE 65 AKA 502
Tax Book Number:

33-108
Tax Annual Amount:

$8,514.80

Beds

Bedrooms Total:

1

Baths

Total Baths:

1
Total Baths:

1
Full Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://my.matterport.com/show/?m=w6M2rEtXLVH&brand=0&mls=1&
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Same Floor As Condo Unit

The Community

Subdivision Name:

SANDY SHORES CONDO
Senior Community:

false
Community Features:

Gulf/Ocean Front
Waterview:

Gulf/Ocean - Full
Waterview:

true
Water Access:

Gulf/Ocean
Water Access:

true
Water Body Name:

GULF OF AMERICA
Waterfront:

true
Waterfront Features:

Gulf/Ocean Front
Pool Private:

false
Pet Restrictions:

Property owners only.
# of Pets:

1
Association Amenities:

Elevator(s)
Association:

false
Association Fee Includes:

Common Area Taxes
Condo Fees:

796
Condo Fees Term:

Monthly
Monthly Condo Fee Amount:

796
Ownership:

Condominium
Association Approval Required:

false

Parking

Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$765,000

Expense	Monthly cost
Mortgage	$4,096
Taxes	$709
Insurance	$210
Utilities	$126 See report
Total	$5,141/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/25/25 Mar 25, 2025	Listed / Active	STELLAR_MLS	$765,000

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This condo located in Mitchell's Beach, Madeira Beach, FL 33708 is currently for sale for $765,000. 12924 Gulf Boulevard Unit 502 is a 865 square foot condo with 1 bed and 1 bath that has been on Estately for 27 days. 12924 Gulf Boulevard Unit 502 is in the Mitchell's Beach neighborhood of Madeira Beach and has a WalkScore® of 61, making it somewhat walkable. This condo is in the attendance area of Orange Grove Elementary School, Seminole High School, and Seminole Middle School.

Listing Courtesy of: STELLAR_MLS and NEXTHOME GULF COAST.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.