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Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker

Blue Mar Real Estate Group Inc.

Licensed Florida Real Estate Broker · DBPR License CQ1018554

4000 Ponce De Leon Blvd, Suite 470, Coral Gables, FL 33146

[email protected]

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+19

19937 GULF BOULEVARD B3

INDIAN SHORES, FL, 33785

Active Under Contract

$800,000

19937 GULF BOULEVARD B3

INDIAN SHORES, FL, 33785

Active Under Contract

$800,000

3

Bedrooms

3

Bathrooms

1,922 sqft

Living Area

1983

Year Built

$1,103

HOA / Monthly

17

Days on Market

Dock & Water AccessMLS

WaterfrontIntracoastal Waterway

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

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.

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Location

INDIAN SHORES, FL, 33785

No price history available for this property.

Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]

Listing courtesy of COASTAL PROPERTIES GROUP INTER via Stellar MLS

Last checked: 51 minutes ago

Listing updated: July 21, 2026

© 2026 Stellar MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Stellar MLS. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

FEMA Flood Zone AE
BFE: 9ft

Special Flood Hazard Area

View FEMA Flood Map →
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Mortgage Calculator

Estimate your monthly payment for this waterfront property

20%

$160,000 down

%
Principal & Interest$4,151/mo
Property Tax (est. ~1.2%, varies by county)$800/mo
Home Insurance (est.)$250/mo
HOA Fees$1,103/mo
Total Monthly Payment$6,304
Loan Amount: $640,000Rate: 6.75%
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$800,000Tour the dockSchedule a Showing