Condominium at 20002 GULF BLVD #2, INDIAN SHORES
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$1,198,000

20002 GULF BLVD #2
INDIAN SHORES, FL 33785
Listed by COASTAL PROPERTIES GROUP INTERNATIONAL
Bedrooms
3
Bathrooms
2
Living area
1,180 sqft
Year built
1979

About this home

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.

Highlights

Waterfront

Property details

MLS #
MFRTB8518684
Property type
Condominium
Subdivision
SAND CASTLE CONDO
Status
Active
Days on market
84
On market date
June 13, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
OAKHURST ELEMENTARY SCHOOL
1.36 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
663
Student:teacher ratio
12.8:1
District
PINELLAS
Middle
SEMINOLE MIDDLE SCHOOL
2.17 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
939
Student:teacher ratio
19.2:1
District
PINELLAS
High
SEMINOLE HIGH SCHOOL
2.25 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,673
Student:teacher ratio
20.9:1
District
PINELLAS

Walkability

Blended score for INDIAN SHORES's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

69
Walkable
out of 100
EPA National Walkability Index
13.8 / 20 -- Above average walkable

Mortgage calculator

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Est. monthly payment
$7,364/mo
$239,600 down
$958,400 loan
Principal & interest$6,216
Property tax (est.)$998
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 26 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.