12924 Gulf Blvd, Unit 502

Madeira Beach, FL 33708

$749,000
Price
1
Bed
865 Sq. Ft.
$866 / Sq. Ft.
865
Sq. Ft.
$866
per Sq. Ft.

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...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.
  1. Listed by Tony Anderson • Brokerage DRE #1051775 • NEXTHOME GULF COAST
    P: (727)-251-3268 C: (727)-251-3268 tonyandersonrealtor@gmail.com

Property Details for 12924 Gulf Boulevard, Unit 502

Subdivision Name
SANDY SHORES CONDO
Township
31
Waterfront
Yes
Water View
Gulf/Ocean - Full
Furnished
Furnished
LISTING UPDATED: 02/07/2026 06:53 AM

Property Details for 12924 Gulf Boulevard, Unit 502

StatusActive
MLS #TB8473441
Days on Market1
Taxes$8,515 / year
HOA Fees-
Condo/Co-op Fees$796 / month
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1979
CountyPinellas County

Location

Listing Courtesy of NEXTHOME GULF COAST, Tony Anderson
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Building Information for 12924 Gulf Boulevard, Unit 502

Building/Complex12924 Gulf BlvdFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built1979

Payment Calculator

$5,156 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,650

Property Taxes

$710

HOA Dues

$796

The Payment Calculator is for illustrative purposes only.

Property Information for 12924 Gulf Boulevard, Unit 502

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 865.0
  • Building Area Units: Square Feet
  • Building Name Number: SANDY SHORES
  • Community Features: Pool
  • Direction Faces: East
  • 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.
  • Floor Number: 5
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 12924
  • Street Name: GULF
  • Street Suffix: BOULEVARD
  • Unit Number: 502
  • State: FL
  • City: MADEIRA BEACH
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association Approval Required: No
  • Association Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Association: No
  • CDD: No
  • Condo Land Included: No
  • Montly Maint Amt Addition To HOA: $0
  • Number Of Pets: 1
  • Pet Restrictions: Property owners only.
  • Pet Size: Small (16-35 Lbs.)
  • Tax Block: 00
  • Tax Book Number: 33-108
  • Tax Legal Description: SANDY SHORES CONDO UNIT 502 TOGETHER WITH THE USE OF PARKING SPACE 65 AKA 502
  • Tax Lot: 502
  • Tax Year: 2024
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 153115786440005020
  • Water Access: Beach, Gulf/Ocean
  • Water Access: Yes
  • Water Extras: No
  • Living Area: 865
Property and Assessments
  • Year Built Numeric: 1979
  • Building Elevator: Yes
  • Flood Zone Code: AE
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 15
  • Public Survey Section: 15
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Concrete
  • Exterior Features: Balcony, Outdoor Grill, Sliding Doors
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier
  • Levels: One
  • Pool Private: No
  • Pool: Community
  • Pool Private: Yes
  • Roof: Membrane
  • Waterfront Features: Gulf/Ocean
  • Waterfront Feet Total: 120
  • Number Of Stories: 1
Interior Features
  • Bedrooms Total: 1
  • Bathrooms Full: 1
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Heating: Electric
  • Interior Features: Ceiling 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 Features: Same Floor As Condo Unit
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 5.0
  • Water View: Yes
  • Bathrooms Half: 0
Rental
Rental Information
  • Minimum Lease Period: 0

Property History for 12924 Gulf Boulevard, Unit 502

DateEvent & SourcePriceAppreciation
Feb 6, 2026

Listed (Active)

MFRMLS #TB8473441

$749,000—
Nov 30, 2025

Withdrawn

MFRMLS #TB8415969

$749,000—
Nov 30, 2025

Withdrawn

MFRMLS #TB8364902

$749,000—
Sep 4, 2025

Listed (Active)

MFRMLS #TB8415969

$749,000—
Sep 2, 2025

Temporarily Off Market

MFRMLS #TB8423524

—
Sep 2, 2025

Listed (Active)

MFRMLS #TB8364902

—
Aug 31, 2025

Expired

MFRMLS #TB8364902

$759,000—
Mar 25, 2025

Listed (Active)

MFRMLS #TB8364902

$765,000—
Apr 6, 2020

Sold

MFRMLS #U8074510

$480,000—
Apr 2, 2020

Sold (Public Record)

Public Record #666390530

$480,000

+6.2% / yr

Feb 19, 2020

Pending

MFRMLS #U8074510

—
Feb 10, 2020

Listed (Active)

MFRMLS #U8074510

$534,900—
Jan 3, 2003

Sold (Public Record)

Public Record #105558730

$170,000—
DateEvent & SourcePrice
02/06/2026

Listed (Active)

MFRMLS #TB8473441

$749,000
11/30/2025

Withdrawn

MFRMLS #TB8415969

$749,000
11/30/2025

Withdrawn

MFRMLS #TB8364902

$749,000
09/04/2025

Listed (Active)

MFRMLS #TB8415969

$749,000
09/02/2025

Temporarily Off Market

MFRMLS #TB8423524

—
09/02/2025

Listed (Active)

MFRMLS #TB8364902

—
08/31/2025

Expired

MFRMLS #TB8364902

$759,000
03/25/2025

Listed (Active)

MFRMLS #TB8364902

$765,000
04/06/2020

Sold

MFRMLS #U8074510

$480,000
04/02/2020

Sold (Public Record)

Public Record #666390530

$480,000

+6.2% / yr

02/19/2020

Pending

MFRMLS #U8074510

—
02/10/2020

Listed (Active)

MFRMLS #U8074510

$534,900
01/03/2003

Sold (Public Record)

Public Record #105558730

$170,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12924 Gulf Boulevard, Unit 502

Taxable ValueLand-Additions-Total-
Tax Record2025$6,889 ($574 / month)
Home Facts
Beds0Total Finished SqFt865 SqFtAbove Grade Finished SqFt865 SqFtStories1StyleCondominiumYear Built1979Year Renovated1987CountyPINELLASAPN15-31-15-78644-000-5020

Schools near 12924 Gulf Boulevard, Unit 502

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Orange Grove Elementary School
Public - PK to 5
Seminole Middle School
Public - 6 to 8
Seminole High School
Public - 9 to 12
Madeira Beach Fundamental K-8
Public - K to 8
Rating
School
Distance
Orange Grove Elementary School
PublicPK to 5

Seminole Middle School
Public6 to 8

Seminole High School
Public9 to 12

Madeira Beach Fundamental K-8
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 12924 Gulf Boulevard, Unit 502, Madeira Beach, FL 33708

12924 Gulf Boulevard, Unit 502 is a condo for sale in Madeira Beach, FL 33708. This property was listed for sale on February 6, 2026 by NEXTHOME GULF COAST, it's currently listed at $749,000. It has been on the market for a total of 1 days and was last sold on April 6, 2020. This listing's school district is Pinellas. Nearby schools include Orange Grove Elementary School, Seminole Middle School and Seminole High School. 12924 Gulf Boulevard, Unit 502 is a 1-bed, 1-bath, 865 sqft condo built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of NEXTHOME GULF COAST, Tony Anderson

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 02/07/2026 06:53 AM