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20040 GULF BOULEVARD UNIT 501

Condo/Co-op For Sale
$1,275,000

BTC: 16.49417853

ETH: 549.56896552

4 days
Waterfront
3 bds
2 ba
1,280 sqft

Overview

Experience breathtaking Gulf views from this spacious 3-bedroom, 2-bath SOUTH WEST CORNER residence at Sand Castle III in Indian Shores with a strong INCOME-PRODUCING opportunity and WEEKLY RENTALS allowed. Enjoy sweeping southerly views of the beach and Gulf, with spectacular sunsets from your private balcony. Both the living room and primary suite open directly to the balcony, bringing the beautiful coastal scenery into your everyday living space. The primary suite features a king-size bed, while the second bedroom offers another king bed and the third bedroom has two twin beds. Four TVs are located throughout the condo, including the living room and all three bedrooms. Waterproof NuCore wood-look plank flooring adds a warm, natural finish that complements the condo's coastal style. Electric hurricane shutters provide added storm protection and convenient shade on the balcony. Sand Castle III amenities include a large heated swimming pool, hot tub, gas grills, and assigned parking. A guest-favorite vacation rental, this inviting South West corner condo is offered turnkey, providing an opportunity to enjoy the Gulf Coast lifestyle or continue its established short-term rental tradition, subject to applicable rental rules and requirements.

Location

Details

Type:
Residential
Parking:
Assigned / Covered / Under Building
Year Built:
1981
Lot:
1.08 Acres
Heating:
Central / Electric
Price/sqft:
$996
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$449,900
$334K – $1.2M
Confidence Low
List vs. estimate
$825K above estimate
List $1,275,000 · +183.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$996
+58.9% vs. city median $626
Based on
15 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$14,731
2025
Pool
In Ground
View
Pool, Water
Waterfront
Gulf/Ocean Front, Waterfront
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Luxury Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Living Room/Dining Room Combo

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Covered

    • Under Building

    Property

    • Levels: One

    • Exterior Features: Hurricane Shutters / Outdoor Grill / Outdoor Shower / Sidewalk / Sliding Doors

    Lot

    • Lot: 1.08 Acres

    Other Property Information

    • Parcel Number: 133014786250005010

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Electricity Connected

    • Phone Available

    • Sewer Connected

    • Street Lights

  • Other financial information

    • Annual tax amount: $14,731

  • Source details

    • MLS ID: TB8562267

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Closet

    • Lot Features: Corner Lot / Flood Insurance Required / FloodZone / City Lot / Landscaped / Near Public Transit / Sidewalk

    • Patio And Porch Features: Covered / Patio

    • Pool Features: In Ground / Gunite

    • Window Features: Drapes / Rods

    • Direction Faces: East

    • Architectural Style: Florida

    • Waterfront: Yes

    • Water Body Name: GULF

    • Living Area: 1280

    • Water Source: Public

    • Subdivision Name: SAND CASTLE 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: PLUMLEE GULF BEACH REALTY