USAFLMadeira BeachSandy Shores Condo502-12924 Gulf Blvd

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502-12924 Gulf Blvd, MADEIRA BEACH, FL

Condo

For Sale

Listed price in listed location currency (USD).
$749,000

110

MLS® TB8473441

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Condominium
Levels Residential
Size 865 sqft
Garage No
HOA Fees 
Taxes $8,515
Days Active 27
Approx. Age 1979
Avg. Price Per Sqft $865
MLS® Number TB8473441

Property Address: 502-12924 Gulf Blvd, MADEIRA BEACH, FL, 33708-2637

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberTB8473441
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelSame Floor As Condo Unit
Exposure
Exterior
GarageNo
Approx. Age1979
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Living Room:First Floor16 × 15 ft
Other:First Floor16 × 8 ft
Other:First Floor16 × 14 ft
Kitchen:First Floor16 × 10 ft
Bathroom 1:First Floor8 × 5 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 6, 2026List Date
$749,000List Price

Home Appraisal

This property is estimated to sell between: $376,000 and $936,000.
Similar properties in this area sold on average for: $376,333
Expected to sell in 37 days. Similar properties sold in 64 days. This home has been on eXp Realty for 27 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Destination Address
12924 Gulf Blvd, MADEIRA BEACH, FL

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