$800,000
Pending · 17 days on market · MLS# MFRTB8504312
| Bedrooms | 3 |
|---|---|
| Bathrooms | 3 |
| Living area | 1,922 sq ft |
| Lot size | 0.28 acres |
| Year built | 1983 |
| Property type | Condominium |
| Private pool | Yes |
| Waterfront | Yes |
| HOA fee | $1,103 |
| Annual taxes | $9,518 |
| County | Pinellas |
Under contract-accepting backup offers. ACCEPTING BACKUP OFFERS!! Rarely does an Indian Shores property emerge that so perfectly balances high-yield investment potential with the sophisticated comforts of a primary waterfront residence. Situated in the exclusive 16-unit Indian Sands community, this penthouse sanctuary offers a distinct "Old Florida" charm coupled with extensive renovations that ensure modern reliability. For the strategic investor, this is a turn-key revenue engine; the community allows for rare short-term rentals (1–7 days) and boasts a consistent history of top-tier ratings and active 2026 bookings. For the owner-occupant, it is a meticulously maintained retreat featuring soaring vaulted ceilings, plantation shutters, and a wood-burning fireplace. The chef-inspired kitchen overlooks a light-filled living area that flows seamlessly to a screened, all-season balcony with wide-water views of the Intracoastal. The expansion of the loft into a full third bedroom and en suite bath provides the high-capacity sleeping arrangements that drive premium rental rates. Recent capital improvements—including a newer HVAC, water heater, and high-end appliances—provide total peace of mind. Sold fully furnished with everything from designer linens to beach gear, this property is ready for immediate occupancy or income generation. Amenities include a heated pool, private composite fishing pier, boat launch, and assigned covered parking. Whether you are looking for a lifestyle-first vacation home or a rare short-term rental opportunity just steps from the Gulf, this property represents the pinnacle of Indian Shores real estate.
Listing courtesy of Jenn Cook, COASTAL PROPERTIES GROUP INTER. Presented by MC Homes Realty Inc · 727432218.