Ad #7250249
MLS #TB8473441
Wake up to the sound of waves, salty Gulf breezes, and
12924 Gulf Blvd #502, Madeira Beach, FL 33708
$749,000
1Beds
1Baths
865Sqft
0.92Acres
About this property
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 decor--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.
Property Features
1 Beds
1 Baths
865 Sqft
Built in 1979
0.92 Acres
On Beachfront
Additional Photos
Contact Information
Tony Anderson
NextHome, Inc
727-251-3268
Location
Listing Agent: Tony Anderson (License #: BK3148948,PersonLicenseNumber) 727-251-3268
Broker: NextHome, Inc 727-282-5151 Listing Site
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: NextHome, Inc 727-282-5151 Listing Site
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$749,000
1
Beds
1
Baths
865
Sqft
12924 Gulf Blvd #502, Madeira Beach, FL 33708
By contacting this agent you agree to these Terms and Conditions.
MLS# TB8473441
Wake up to the sound of waves, salty Gulf breezes, and
$749,000
12924 Gulf Blvd #502, Madeira Beach, FL 33708
1
Beds
1
Baths
865
Sqft
0.92
Acres
$749,000
12924 Gulf Blvd #502, Madeira Beach, FL 33708
1 Beds
1 Baths
865 Sqft
0.92 Acres
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 decor--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.
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Property Details
HOME DETAILS
1 Beds
1 Baths
865 Sqft
Built in 1979
0.92 Acres
BEACH & VIEW
On Beachfront
Location
Mortgage Calculator
Ad Statistics
Ad Number
7250249
Viewed
203 times
Listing Status
Active
Added
Feb 09, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
NextHome, Inc
Source Property ID
TB8473441
Listing Agent: Tony Anderson (License #: BK3148948,PersonLicenseNumber) 727-251-3268
Broker: NextHome, Inc 727-282-5151 Listing Site
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: NextHome, Inc 727-282-5151 Listing Site
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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