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20002 GULF BOULEVARD UNIT 2

Condo/Co-op For Sale
$1,250,000

BTC: 19.53125000

ETH: 739.20756949

New
Waterfront
3 bds
2 ba
1,180 sqft

Overview

Experience the ultimate beachfront lifestyle in Penthouse 2 at Sand Castle II, a rarely available top-floor Gulf-front condominium in the heart of Indian Shores. This beautifully maintained 3-bedroom, 2-bath residence offers panoramic views of the Gulf of Mexico and the intracoastal waterway, breathtaking sunsets, and direct access to the sugar-sand beaches that make Florida’s Gulf Coast famous. Designed to capture the beauty of its beachfront setting, the open-concept floor plan is filled with natural light and showcases stunning Gulf views from the main living areas and private balcony. The spacious living and dining areas provide an ideal setting for entertaining, while the well-appointed kitchen offers ample cabinetry and workspace for owners and guests alike. The primary suite serves as a relaxing coastal retreat, complemented by two additional bedrooms that comfortably accommodate family and visitors. Recent upgrades include new doors and windows, and a UV HVAC filter. Sold fully furnished and currently participating in a successful rental program, this penthouse presents an exceptional opportunity for investors seeking immediate income potential. Sand Castle II’s desirable beachfront location and weekly rental policy make it highly attractive to vacationers throughout the year, allowing owners to benefit from strong rental demand while still enjoying personal use of the property. The combination of penthouse-level views, direct beach access, and resort-style amenities positions this residence as a premier vacation rental in one of the Gulf Coast’s most sought-after destinations. Residents and guests enjoy a heated Gulf-front pool, spa, direct beach access, elevators, and beautifully maintained grounds. Conveniently located near restaurants, shopping, entertainment, parks, and area attractions, the property offers the perfect blend of lifestyle and investment value. Whether you’re looking for a turnkey beachfront investment, a luxury vacation home, or both, Penthouse 2 at Sand Castle II offers a rare opportunity to own an income-producing Gulf-front property with spectacular views and proven rental appeal.

Location

Details

Type:
Residential
Parking:
Assigned / Guest
Year Built:
1979
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$1,059
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$479,000
$174K – $950K
Confidence Low
List vs. estimate
$771K above estimate
List $1,250,000 · +161.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,059
+75.0% vs. city median $605
Based on
157 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$15,127
2025
Pool
Gunite
View
Pool, Water
Waterfront
Gulf/Ocean Front, Waterfront
Furnished
Furnished
Pets
Number Limit, Size Limit
All facts and features
  • Flooring

    • Ceramic Tile

    • Laminate

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Ice Maker

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Solid Surface Counters

    • Split Bedroom

    • Stone Counters

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Guest

    Property

    • Levels: One

    • Exterior Features: Balcony / Lighting / Outdoor Grill / Outdoor Shower

    Other Property Information

    • Parcel Number: 133014786210003002

    • Zoning: RES

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

    • Phone Available

    • Public

    • Sewer Connected

    • Water Connected

    Green energy

    • Doors

    • Windows

  • Other financial information

    • HOA Frequency: Quarterly

    • Annual tax amount: $15,128

  • Source details

    • MLS ID: TB8518684

    Other facts

    • Construction Materials: Block / Concrete / Stucco

    • Foundation Details: Slab / Stilt/On Piling

    • Laundry Features: Inside / Laundry Closet

    • Lot Features: CoastalConstruction Control Line / Flood Insurance Required / FloodZone / Level / Near Marina / Near Public Transit / Sidewalk

    • Patio And Porch Features: Covered / Rear Porch

    • Pool Features: Gunite / Heated / In Ground / Lighting

    • Window Features: Double Pane Windows / Storm Window(s)

    • Direction Faces: East

    • Waterfront: Yes

    • Living Area: 1180

    • 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: COASTAL PROPERTIES GROUP INTERNATIONAL