MADEIRA BEACH, FL 33708 12924 GULF BOULEVARD 502

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Presented By: NEXTHOME GULF COAST with 727-282-5151. - 727-282-5151
  • MLS# TB8473441
  • 02/05/2026
  • Request Tour
  • Request Info
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

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.
Presented By: NEXTHOME GULF COAST with 727-282-5151. - 727-282-5151

Interior Features for 12924 GULF BOULEVARD 502

Bedrooms

Total Bedrooms1

Bathrooms

Half Baths0
Total Baths1

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCarpet, Ceramic Tile, Luxury Vinyl
Furnished Y/NFurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
Laundry FeaturesSame Floor As Condo Unit
Total Stories1

General for 12924 GULF BOULEVARD 502

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Microwave, Range, Refrigerator
Association Fee IncludesCommon Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Sewer, Trash, Water
Building Area UnitsSquare Feet
Carport Y/NNo
CityMADEIRA BEACH
Community FeaturesPool
Construction MaterialsConcrete
CoolingCentral Air
CountyPinellas
DirectionsDIRECTLY ACROSS THE STREET FROM JOHNS PASS. 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.
Facing DirectionEast
Flood Zone CodeAE
Full Baths1
Garage Y/NNo
HOA Monthly Maintenance
HeatingElectric
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionSANDY SHORES CONDO UNIT 502 TOGETHER WITH THE USE OF PARKING SPACE 65 AKA 502
LevelsOne
Listing TermsCash, Conventional, FHA, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet40089
Lot Size UnitsSquare Feet
MLS Area33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Minimum Lease1-7 Days
Monthly Condo Fee Amount796
New ConstructionNo
Occupancy TypeTenant
OwnershipCondominium
Pet Size LimitSmall (16-35 Lbs.)
Property SubtypeCondominium
Property TypeResidential
RoofMembrane
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameSANDY SHORES CONDO
Tax Annual Amount8514.8
Tax Lot502
Tax Year2024
Total Rooms5
Unit Number502
UtilitiesCable Connected, Electricity Connected, Sewer Connected, Water Connected
Virtual TourClick here
Water Access TypeBeach, Gulf/Ocean
Water Access Y/NYes
Water ViewGulf/Ocean - Full
Water View Y/NYes
Waterfront FeaturesGulf/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
Private PoolNo
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NYes

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Pugh

Broker Associate | Team Leader
Price $749,000
MLS#TB8473441
List Date 02/05/2026
Property Type Condos
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Request Info
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