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$1,500,000

Beds
3
Baths
2.0
sq ft
1,280

20040 Gulf Blvd Unit 605, Indian Shores, FL 33785

20040 Gulf Blvd Unit 605

INDIAN SHORES, FL 33785

  • 3 days on market
On the Gulf!!! Full Northwest view... great short-term rental history. This is the best of beach living. Sand Castle III, 7-day short term rental building - Very special, updated penthouse condominium on the northwest corner of the boutique building. Hurry to make your appointment to see the stunning top floor, direct Gulf Front and Intracoastal Waterway setting in The Narrows. This is an incredible corner location, in this rarely available building, to own your piece of beach paradise. Here, you and your guests will enjoy the spellbinding water panorama and stunning Gulf sunsets and Intracoastal sunrises right from your balconies anytime. The furnished updated three-bedroom, two-bathroom condo offers proven income potential in this short-term rental friendly complex directly on the soft white sandy beaches of Indian Shores. There's also a wonderful open-floor plan with a living room, dining room and kitchen combo making for entertaining guests and family gatherings. This Gulf front beauty has ceramic flooring in the main traffic areas, full-sized washer, dryer in the condo, and an updated kitchen with beautiful granite counters. The primary bedroom has an ensuite bathroom and a sliding glass door that opens to the spacious Gulf side, corner balcony. It's easy to enjoy a nighttime sea breeze or a morning cup coffee looking over the shimmering Gulf waters. The well-maintained grounds offer assigned parking with a beachside heated pool, hot tub, direct beach access and gas grills. The complex allows seven-day minimum rentals, making it a fantastic income generator and investment. Guests of this community can take advantage of the heated pool and spa year-round enjoyment. Located in a vibrant beach scene area, this condo offers convenient access to nearby amenities such as shops, restaurants, and entertainment. Don't miss out on the chance to make this incredible penthouse condo your own. Sold Furnished and ready for guests. Contact us today to schedule a viewing and experience the best of beachfront ownership.

Details

Property type

Condominium

Est. home value

$1,254,402

Lot size

1.08 acres

Price per sq ft

$1,172

Year built

1981

Annual property taxes

$14,420

HOA

Yes

Price History

01/02/2025
StellarMLS

StellarMLS #TB8333538

Listed
$1,500,000
+1.69%
06/11/2024
StellarMLS

StellarMLS #U8234230

Removed
$1,475,000
03/13/2024
StellarMLS

StellarMLS #U8234230

Listed
$1,475,000
+164.38%

Schools & Community

Elementary school: 

Anona Elementary-PN

Middle school: 

Seminole Middle-PN

High school: 

Seminole High-PN

Community features: 

Pool

Negotiation Insights

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

Seller could get up to

$871,617
Asking price
$1,500,000
Closing costs (~8% of asking)
-$120,000
Est. remaining loan balance
-$508,383
Cash to seller
$871,617

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

September 2021

Original loan amount

$548,200

Est. remaining balance

$508,383

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Thomas N Flessor and Denise Rayle

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: 01/05/2025 at 4:25 AM

Listing updated: 01/03/2025 at 3:50 PM

Listed by: Michael Petruccelli, PLUMLEE GULF BEACH REALTY Phone #: (727) 595-7586

MLS: StellarMLS #TB8333538

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