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.
For sale
Price cut: $52K (9/5)
$1,198,000
20002 GULF BOULEVARD #2, INDIAN SHORES, FL 33785
3beds
1,180sqft
Condominium
Built in 1979
-- sqft lot
$1,107,000 Zestimate®
$1,015/sqft
$1,033/mo HOA
What's special
Direct beach accessPenthouse-level viewsDesirable beachfront locationHeated gulf-front poolBreathtaking sunsetsBeautifully maintained grounds
- 118 days
- 276
- 12
Zillow last checked:
Listing updated:
Listed by:
Mike Jansen 727-798-2761,
COASTAL PROPERTIES GROUP INTERNATIONAL 727-493-1555,
Olivia Prince 813-766-5172,
COASTAL PROPERTIES GROUP INTERNATIONAL
Source: Stellar MLS,MLS#: TB8518684
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: En Suite Bathroom, Shower No Tub, Built-in Closet
- Level: First
- Area: 176 Square Feet
- Dimensions: 11x16
Bedroom 1
- Features: Built-in Closet
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 165 Square Feet
- Dimensions: 11x15
Bedroom 3
- Features: Built-in Closet
- Level: First
- Area: 120 Square Feet
- Dimensions: 10x12
Balcony porch lanai
- Features: Storage Closet
- Level: First
- Area: 161 Square Feet
- Dimensions: 7x23
Dining room
- Level: First
- Area: 130 Square Feet
- Dimensions: 10x13
Kitchen
- Level: First
- Area: 110 Square Feet
- Dimensions: 10x11
Living room
- Level: First
- Area: 160 Square Feet
- Dimensions: 10x16
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
- Laundry: Inside, Laundry Closet
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)
- Flooring: Ceramic Tile, Laminate
- Doors: Outdoor Grill, Outdoor Shower
- Windows: Window Treatments, Hurricane Shutters/Windows
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 1,180
- Total interior livable area: 1,180 sqft
Video & virtual tour
Property
Parking
- Parking features: Assigned, Guest
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Rear Porch
- Exterior features: Balcony, Lighting, Outdoor Grill, Outdoor Shower
- Pool features: Gunite, Heated, In Ground, Lighting
- Has spa: Yes
- Spa features: Heated, In Ground
- Fencing: Vinyl
- Has view: Yes
- View description: Pool, Water, Beach, Gulf/Ocean - Full, Intracoastal Waterway
- Has water view: Yes
- Water view: Water,Beach,Gulf/Ocean - Full,Intracoastal Waterway
- Waterfront features: Gulf/Ocean Front, Waterfront, Gulf/Ocean, Beach Access, Gulf/Ocean Access, Sailboat Water, Skiing Allowed
Lot
- Features: CoastalConstruction Control Line, Flood Insurance Required, FloodZone, Level, Near Marina, Near Public Transit, Sidewalk
Details
- Parcel number: 133014786210003002
- Zoning: RES
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Concrete, Stucco
- Foundation: Slab, Raised
- Roof: Built-Up
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
Green energy
- Energy efficient items: Doors, Windows
- Indoor air quality: HVAC UV/Elec. Filtration
Community & HOA
Community
- Features: Fishing, Gulf/Ocean Front, Water Access, Waterfront, Buyer Approval Required, Deed Restrictions, Pool
- Pet fee: $0 monthly
- Subdivision: SAND CASTLE CONDO
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Pool, Vehicle Restrictions
- Services included: Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
- HOA fee: $1,033 monthly
- HOA name: CONDO CONCEPTS LLC- MARCUS
- HOA phone: 727-420-1905
Location
- Region: Indian Shores
Financial & listing details
- Price per square foot: $1,015/sqft
- Tax assessed value: $401,930
- Annual tax amount: $15,127
- Date on market: 6/13/2026
- Cumulative days on market: 118 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Estimated market value
$1,107,000
$1.05M - $1.16M
$3,163/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2026 | Price change | $1,198,000-4.2%$1,015/sqft |
Source: | ||
| 6/13/2026 | Listed for sale | $1,250,000+13.6%$1,059/sqft |
Source: | ||
| 3/14/2022 | Sold | $1,100,000$932/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2015 | $7,393 +9.7% | $401,930 +11.5% |
| 2014 | $6,737 +7.2% | $360,321 +8.9% |
| 2013 | $6,286 +8.3% | $330,919 +3.7% |
| 2012 | $5,805 -0.1% | $319,033 +3% |
| 2011 | $5,813 -9.3% | $309,720 -11.6% |
| 2010 | $6,408 -2.8% | $350,364 -2.5% |
| 2009 | $6,590 -8.4% | $359,200 -11.6% |
| 2008 | $7,193 -27.3% | $406,400 -29.4% |
| 2007 | $9,901 -12.8% | $576,000 -6% |
| 2006 | $11,360 +44.2% | $612,900 +53% |
| 2005 | $7,880 +23.4% | $400,600 +22.4% |
| 2004 | $6,387 | $327,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 33785
Nearby schools
Schools provided by the listing agent
- Elementary: Bauder Elementary-PN
- Middle: Seminole Middle-PN
- High: Seminole High-PN
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








