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12935 GULF LANE UNIT 205

Condo/Co-op For Sale
$665,000

BTC: 8.24039653

ETH: 277.08333333

New
Waterfront
2 bds
2 ba
1,205 sqft

Overview

Welcome to your Gulf-front getaway at The Crimson on the Gulf, an exclusive 15-unit boutique condominium in the heart of Madeira Beach. This beautifully furnished 2-bedroom, 2-bath residence offers breathtaking partial Gulf views, spectacular sunsets, and exceptional rental potential with a one-week minimum rental policy. Step inside to a spacious, open-concept floor plan featuring porcelain tile flooring throughout and tastefully updated bathrooms. The primary suite offers a generous walk-in closet; additional storage and owner's closets provide plenty of space for personal belongings. Relax on the oversized private balcony and enjoy views of the Gulf of Mexico, or take advantage of the private beach access just steps away. Whether you're looking for a vacation retreat, an income-producing property, or a 1031 Exchange opportunity, this condo checks every box. Its prime location and flexible rental policy make it highly desirable for both vacationers and seasonal visitors, offering strong income potential year-round. Perfectly situated directly across from the world-famous John's Pass Village & Boardwalk, you'll have more than 100 restaurants, shops, waterfront bars, entertainment venues, dolphin tours, deep-sea fishing charters, jet ski rentals, and family attractions just a short walk away. The Crimson offers resort-style amenities, including a heated beachfront pool, hot tub, secure lobby entrance, covered parking, barbecue grills and picnic areas. Conveniently located to Tampa International Airport, St. Pete-Clearwater Airport, shopping, hospitals, golf courses, marinas, professional sports venues, and the many charming beach communities along Gulf Boulevard, this is coastal living at its finest. Rarely are listings available in this sought-after community. Don't miss the opportunity to own a piece of paradise in one of Madeira Beach's most desirable beachfront locations.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1994
Lot:
1.20 Acres
Heating:
Central
Price/sqft:
$552
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$889,000
$587K – $959K
Confidence Low
List vs. estimate
$224K below estimate
List $665,000 · -25.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$551
-7.2% vs. city median $594
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,244
2025
Pool
Gunite
View
Water
Waterfront
Gulf/Ocean Front, Waterfront
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • High Ceilings

    • Open Floorplan

    • Stone Counters

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Balcony / Outdoor Grill

    Lot

    • Lot: 1.20 Acres

    Other Property Information

    • Parcel Number: 153115192460002050

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $9,244

  • Source details

    • MLS ID: TB8534511

    Other facts

    • Construction Materials: Block / Concrete / Stucco

    • Foundation Details: Pillar/Post/Pier

    • Laundry Features: Inside / Laundry Closet

    • Lot Features: FloodZone

    • Pool Features: Gunite / Heated / In Ground

    • Window Features: Window Treatments

    • Direction Faces: East

    • Waterfront: Yes

    • Water Body Name: GULF OF MEXICO

    • Living Area: 1205

    • Water Source: Public

    • Subdivision Name: CRIMSON ON THE GULF CONDO

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: TOTAL REALTY SERVICES INC