Listing Details for MLS # U8232995
20204 Gulf Boulevard Unit 9, Indian Shores, Fl 33785

Residential Property - Condominium in Indian Shores

Listing Price: $1,495,000Days on Market: 255

Description of Property

Boaters and Beach Enthusiasts Rejoice! Waterfront Condo on the Gulf with dock on intracoastal waterway! This 3-bedroom/3-bathroom Gulf Front Condominium, spanning 1672 Sq Ft, offers stunning views that will take your breath away. Unwind in this tranquil beach retreat located in a cozy building with just 10 units. Piper's III boasts low condo fees and allows weekly rentals in a prime spot within Indian Shores, offering beautiful water views east and west. Owners can enjoy a first-come, first-serve dock on the Intracoastal Waterway. Recently, in 2023, Hurricane Rated Sliding Glass Doors were installed. The interior layout includes two master bedroom en-suites, each with a full bath, and a third bedroom that can double as an office or den. Live by the water with direct beach access and a first-come, first-serve boat dock on the Intracoastal Waterway. Revel in panoramic views of the beach and the Gulf of Mexico from the unit. The well-equipped chef's kitchen, featuring granite counters and wood cabinetry, is perfect for cooking adventures and casual dining. This unit offers a great investment opportunity as the homeowners association permits weekly rentals. It comes fully furnished with two designated parking spaces and a ground-level storage unit.Conveniently located, this property provides easy access to a variety of attractions in Pinellas County, including Downtown St. Petersburg, St. Pete Beach, Clearwater Beach, Dunedin, Safety Harbor, and Tampa. Additional amenities include under-building parking, a storage space for beach gear and bikes, and rental management currently handled by another real estate firm. Detailed rental history, future bookings, and income projections are available upon request. The current owner has reserved multiple high-season dates for personal use, yet the unit still generated over $62k in revenue after booking fees and commissions. Proforma from Resoort Rentals projects much higher revenue.The average asking price for a 3 bedroom/3 bath condominium in this Zip code is $1,403,400. This condominium is listed at about 107% of the average asking price. This is the only 3 bedroom/3 bath condominium between $1,200,000 and $1,800,000 currently listed for sale in this Zip code.