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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 5/2/2026 |
|---|---|---|---|
| TRACT | INDIAN SANDS CONDO | YEAR BUILT | 1983 |
| COMMUNITY | 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores | COUNTY | Pinellas |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Insurance, Internet, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water |
| APPLIANCES | Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer |
| AREA | 33785 - Indian Rocks Bch/Belleair Bch/Indian Shores |
| CONSTRUCTION | Concrete, Frame |
| EXTERIOR | Balcony, Dock, Outdoor Grill, Outdoor Kitchen, Outdoor Shower |
| FIREPLACE | Yes |
| HEAT | Central |
| HOA DUES | 1103 |
| INTERIOR | High Ceilings, Open Floorplan |
| LOT | 0.28 acre(s) |
| LOT DESCRIPTION | Waterfront |
| PARKING | Assigned, Covered, Tandem |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | INDIAN SANDS CONDO |
| TAXES | 9517.96 |
| UTILITIES | Cable Available, Electricity Available, Sewer Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Beach Access |
MORTGAGE CALCULATOR
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Listing provided by Jenn Cook, COASTAL PROPERTIES GROUP INTER, 813-756-1111
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/3/26 5:41 AM PDT.
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