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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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+20

20002 GULF BOULEVARD 2

INDIAN SHORES, FL, 33785

Active

$1,250,000

20002 GULF BOULEVARD 2

INDIAN SHORES, FL, 33785

Active

$1,250,000

3

Bedrooms

2

Bathrooms

1,180 sqft

Living Area

1979

Year Built

$1,250,000Tour the dockSchedule a Showing

33

Days on Market

Dock & Water AccessMLS

Gulf/Ocean FrontWaterfrontGulf/Ocean

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

Description

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.

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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 INTERNATIONAL via Stellar MLS

Last updated: 7/16/2026

© 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%

$250,000 down

%
Principal & Interest$6,486/mo
Property Tax (est. ~1.2%, varies by county)$1,250/mo
Home Insurance (est.)$250/mo
Total Monthly Payment$7,986
Loan Amount: $1,000,000Rate: 6.75%
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