tomo logo

$765,000

Beds
1
Baths
1.0
sq ft
865

12924 Gulf Blvd Unit 502, Madeira Beach, FL 33708

12924 Gulf Blvd Unit 502

ST PETERSBURG, FL 33708

  • <1 day on market
Welcome to beachfront living at Sandy Shores Condominiums, where the Gulf of Mexico is your backyard, and the possibilities for both relaxation and investment are endless. This beautifully updated one-bedroom, one-bath condo is perfectly positioned directly on the sand, offering breathtaking Gulf views and stunning sunsets that make every evening unforgettable. Step inside to discover an open floor plan designed for both comfort and functionality. The living area and kitchen blend seamlessly, creating the perfect space to relax or entertain while taking in the spectacular views of the Gulf. The updated kitchen features custom wood cabinets, sleek quartz countertops, and stainless steel appliances, offering a modern, coastal-chic aesthetic. Luxury vinyl plank flooring in the main living area adds warmth and durability, while tile floors in the kitchen, bathroom, and entry provide easy maintenance. Hurricane impact windows enhance both safety and serenity, allowing you to fully enjoy the peaceful sounds of the waves and the salty ocean breeze. Whether you're looking for a dream vacation home or a profitable investment property, this condo delivers. Short-term rentals are allowed, and in 2024 alone, this unit generated $73,662 in rental income—despite limited bookings following recent storms. To make ownership effortless, this unit is being sold fully furnished, including dishes, silverware, linens, bedding, and everything needed to accommodate future rental guests, with only a few pictures and personal mementos excluded. Beyond the condo itself, Sandy Shores Condominiums offers a variety of desirable amenities to enhance the beachfront lifestyle. Spend your days lounging by the heated pool overlooking the beach, host a cookout in the outdoor grilling area, enjoy dining beneath the tiki hut, or take advantage of the bicycle storage for scenic rides along the coast. Just across the street, John’s Pass Village & Boardwalk provides endless entertainment, featuring waterfront restaurants, boutique shops, fishing charters, dolphin-watching tours, and water activities like boat rentals and parasailing. The prime location also offers easy access to St. Petersburg, Tampa, and world-famous Clearwater Beach, making this an exceptional spot for vacationers and full-time residents alike. For added peace of mind, Sandy Shores has completed all required structural integrity inspections and reserve studies. Recent community upgrades include a new roof, balcony repairs, a new emergency generator, and resurfacing of the pool and parking lot, ensuring the property remains in excellent condition for years to come. And the reserves are fully funded. Take a walk through the virtual tour at https://my.matterport.com/show/?m=w6M2rEtXLVH&brand=0&mls=1& With its prime beachfront location, strong rental history, and no restrictions on owner use, this condo presents an incredible opportunity—whether you’re looking for an investment, a personal getaway, or both. Don’t miss the chance to own a piece of paradise. Schedule your private showing today and make this your next home!

Details

Property type

Condominium

Est. home value

$717,952

Lot size

0.92 acres

Price per sq ft

$885

Year built

1979

Annual property taxes

$8,514.8

HOA

No

Price History

03/25/2025
StellarMLS

StellarMLS #TB8364902

Listed
$765,000
+59.38%
04/06/2020
StellarMLS

StellarMLS #U8074510

Sold
$480,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Southtrust Bk W Fl

Loan start date

September 1994

Original loan amount

$290,000

Est. remaining balance

Not provided

Interest rate

8.57%

Loan type

Not Provided

Seller

Richard Logan and Mary F Logan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/26/2025 at 7:05 AM

Listing updated: 03/26/2025 at 6:53 AM

Listed by: Tony Anderson, NEXTHOME GULF COAST Phone #: (727) 282-5151

MLS: StellarMLS #TB8364902

StellarMLS logo