ST PETERSBURG, FL 33708 12924 GULF BOULEVARD #502

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Presented By: NEXTHOME GULF COAST with 727-282-5151. - 727-282-5151
  • MLS# TB8415969
  • 09/04/2025
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • Beds • 1
  • Baths • 1
  • SQFT • 865

Home Details

Whether you're looking for a dream vacation retreat or a high-performing income property, this top-floor beachfront penthouse at Sandy Shores Condominiums offers the best of both worlds. Zoned for short-term rentals with no restrictions on owner use, this unit generated $73,662 in rental income in 2024—despite reduced bookings after the storms. In the first half of this year (January through June) it produced $43,916. With projected ROI exceeding 9% in 2025, this property is also an ideal 1031 exchange opportunity. The updated one-bedroom, one-bath unit is being sold fully furnished, including linens, cookware, and decor—ready for you or your guests to enjoy immediately. Inside, you’ll find an open-concept living area with sweeping Gulf views, hurricane-impact windows, and a renovated kitchen featuring custom wood cabinetry, quartz countertops, and stainless steel appliances. Step outside and enjoy the heated beachfront pool, grilling area, tiki hut, and bicycle storage—all part of the Sandy Shores amenities. The building has completed all required structural integrity inspections and reserve studies. With fully funded reserves, and recent upgrades including the roof, balconies, resurfaced pool and parking lot, and a backup generator, this is truly a turnkey coastal investment. Located directly on the beach and just steps from John’s Pass Village & Boardwalk, this condo offers unmatched walkability to restaurants, shops, fishing charters, boat rentals, and dolphin tours. It’s also a short drive to St. Pete, Clearwater Beach, and Tampa, making it a top-tier location for visitors and owners alike. This is a rare chance to own a proven, income-producing beachfront condo in one of Florida’s most popular coastal destinations. Schedule your showing today!
Presented By: NEXTHOME GULF COAST with 727-282-5151. - 727-282-5151

Interior Features for 12924 GULF BOULEVARD #502

Bedrooms

Total Bedrooms1

Bathrooms

Total Baths1

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesceiling fan(s), crown molding, open floorplan, solid surface counters, stone counters, walk-in closet(s), window treatments
Laundry Featurescommon area
Window Featuresstorm window(s)

General for 12924 GULF BOULEVARD #502

Additional Parcels Y/NNo
Association Amenitieselevator(s), laundry, pool
Body of Watergulf of america
Building Area Unitssquare feet
Carport Y/NNo
Cityst petersburg
Community Featuresgulf/ocean front, waterfront, pool
Construction Materialsconcrete
Coolingcentral air
Countypinellas
Directionsfrom 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 i
DockY/NNo
Flood Zone Codeae
Garage Y/NNo
Gross Income88000
HOAYes
Heatingcentral, electric
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionsandy shores condo unit 502 together with the use of parking space 65 aka 502
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet40089
Lot Size Unitssquare feet
MLS Area33708 - st pete/madeira bch/n redington bch/shores
ModificationTimestamp2025-09-04t15:09:53.200z
Monthly Condo Fee Amount796
New ConstructionNo
Number Of Units Total1
Occupancy Typetenant
Ownershipcondominium
Pet Size Limitsmall (16-35 lbs.)
Possessionclose of escrow
Property Subtypemulti family
Property Typeresidential income
Roofmembrane
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namesandy shores condo
Tax Annual Amount8514.8
Tax Lot000
Tax Year2024
Unit Number502
Utilitiescable connected, electricity connected, sewer connected, water connected
Viewwater
Virtual TourClick here
Water Access Typegulf/ocean
Water Access Y/NYes
Water Viewgulf/ocean - full
Water View Y/NYes
Waterfront Featuresgulf/ocean front, waterfront, gulf/ocean
Year Built1979

Exterior for 12924 GULF BOULEVARD #502

Building Area Total865
Exterior Amenitiesbalcony, outdoor grill, sliding doors
Foundation Detailsconcrete perimeter, pillar/post/pier
Lot Size Acres0.92
Lot Size Area40089
Number of Buildings1
Parking Featuresassigned
Private PoolNo
Road Surface Typepaved
Water Sourcepublic
Waterfront Y/NYes

Additional Details

Price History

Steven Pugh

Broker Associate | Team Leader
Price $749,000
MLS#TB8415969
List Date 09/04/2025
Property Type Income
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