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19631 Gulf Boulevard Unit 2, Indian Shores
$2,275,000
4 Beds ⋅ 6 Baths ⋅ Indian Rock South Shore SubDv. ⋅ 33785 Zip Code
Under Construction. SAPPHIRE SHORES — OWN THE LIFESTYLE. UNDERWRITE THE INVESTMENT. An extraordinary opportunity to own new luxury construction on Florida’s increasingly scarce barrier-island coastline. With only 3 residences still available, Sapphire Shores combines the space and privacy of an upscale coastal home with remarkable flexibility in how you own and use it. Residences range from approximately 3,740 to 4,137 square feet, with 5 sleeping quarters and 5–5.5 baths, thoughtfully designed for luxury coastal living, multigenerational families and larger groups. Make Sapphire Shores your primary residence and potentially qualify for Florida homestead benefits, enjoy it as a private vacation home, or take advantage of nightly rental eligibility and operate it as an income-producing short-term rental. Your strategy can evolve with you—a residence purchased for personal use today may become an investment property in the future, while an investment today could ultimately become the Florida beach home you call home. One exceptional property. Multiple ownership strategies. For investment-minded buyers, the 5 sleeping quarters create an important competitive advantage in the short-term rental market, allowing the residence to accommodate larger and multigenerational groups that smaller beach condos simply cannot serve. This places Sapphire Shores in a more limited segment of the vacation-rental market where larger luxury accommodations may command higher nightly rates and greater gross revenue potential. Sapphire Shores also offers a rare combination of scarcity, potential appreciation, rental income, leverage, capital preservation and potential tax advantages. Short-term-rental ownership may provide qualifying owners with significant tax-planning opportunities. A professional cost-segregation study may accelerate depreciation, while qualifying property may be eligible for 100% bonus depreciation under current federal tax law, potentially creating substantial first-year deductions. Depending on the owner’s tax situation, property use, average guest stay and participation, these deductions may help offset rental income and potentially other qualifying taxable income. Buyers should consult their CPA or tax advisor regarding their individual circumstances. Located in desirable Indian Shores between Clearwater Beach and St. Pete Beach and minutes from John’s Pass, Sapphire Shores puts owners in one of Tampa Bay’s most established coastal destinations. Large, upscale residences capable of accommodating multiple families and larger groups are exceptionally difficult to replicate along this built-out coastline. Coastal land cannot simply be created when demand increases. That inherent scarcity provides a compelling foundation for potential long-term appreciation and capital preservation, while nightly-rental flexibility provides an opportunity to generate income along the way. Whether your objective is homestead, lifestyle, rental income, tax strategy, appreciation, capital preservation or a legacy property for future generations, Sapphire Shores gives you options. Enjoy it. Put it to work. Change your strategy as life changes. Only 3 residences remain. One exceptional coastal opportunity. Hard Hat Site visits are available.

19631 Gulf Boulevard Unit 2, Indian Shores

19631 Gulf Boulevard Unit 1, Indian Shores
$2,275,000
4 Beds ⋅ 6 Baths ⋅ Indian Rock South Shore SubDv. ⋅ 33785 Zip Code
Under Construction. SAPPHIRE SHORES — OWN THE LIFESTYLE. UNDERWRITE THE INVESTMENT. An extraordinary opportunity to own new luxury construction on Florida’s increasingly scarce barrier-island coastline. With only 3 residences still available, Sapphire Shores combines the space and privacy of an upscale coastal home with remarkable flexibility in how you own and use it. Residences range from approximately 3,740 to 4,137 square feet, with 5 sleeping quarters and 5–5.5 baths, thoughtfully designed for luxury coastal living, multigenerational families and larger groups. Make Sapphire Shores your primary residence and potentially qualify for Florida homestead benefits, enjoy it as a private vacation home, or take advantage of nightly rental eligibility and operate it as an income-producing short-term rental. Your strategy can evolve with you—a residence purchased for personal use today may become an investment property in the future, while an investment today could ultimately become the Florida beach home you call home. One exceptional property. Multiple ownership strategies. For investment-minded buyers, the 5 sleeping quarters create an important competitive advantage in the short-term rental market, allowing the residence to accommodate larger and multigenerational groups that smaller beach condos simply cannot serve. This places Sapphire Shores in a more limited segment of the vacation-rental market where larger luxury accommodations may command higher nightly rates and greater gross revenue potential. Sapphire Shores also offers a rare combination of scarcity, potential appreciation, rental income, leverage, capital preservation and potential tax advantages. Short-term-rental ownership may provide qualifying owners with significant tax-planning opportunities. A professional cost-segregation study may accelerate depreciation, while qualifying property may be eligible for 100% bonus depreciation under current federal tax law, potentially creating substantial first-year deductions. Depending on the owner’s tax situation, property use, average guest stay and participation, these deductions may help offset rental income and potentially other qualifying taxable income. Buyers should consult their CPA or tax advisor regarding their individual circumstances. Located in desirable Indian Shores between Clearwater Beach and St. Pete Beach and minutes from John’s Pass, Sapphire Shores puts owners in one of Tampa Bay’s most established coastal destinations. Large, upscale residences capable of accommodating multiple families and larger groups are exceptionally difficult to replicate along this built-out coastline. Coastal land cannot simply be created when demand increases. That inherent scarcity provides a compelling foundation for potential long-term appreciation and capital preservation, while nightly-rental flexibility provides an opportunity to generate income along the way. Whether your objective is homestead, lifestyle, rental income, tax strategy, appreciation, capital preservation or a legacy property for future generations, Sapphire Shores gives you options. Enjoy it. Put it to work. Change your strategy as life changes. Only 3 residences remain. One exceptional coastal opportunity. Hard Hat Site visits are available.

19631 Gulf Boulevard Unit 1, Indian Shores

19936 Gulf Boulevard, Indian Shores
$4,495,000
5 Beds ⋅ 4 Baths ⋅ Indian Rock South Shore SubDv. ⋅ 33785 Zip Code
SIGNIFICANT PRICE IMPROVEMENT! OWN ONE OF THE GULF COAST'S MOST VERSATILE BEACHFRONT PROPERTIES, where luxury coastal living meets exceptional investment potential. Situated on an expansive 63' x 203' (.39-acre) GULF-FRONT LOT with direct access to a private stretch of pristine white sand and endless sunsets, this rare property offers endless possibilities—from a spectacular primary residence or luxury vacation retreat to a high-performing VRBO or Airbnb investment, a multi-generational family compound, or a future redevelopment opportunity and offering no short-term rental restrictions (buyer to verify). Thoughtfully designed as TWO PRIVATE GULF-FRONT RESIDENCES, each with its own private entrance, full kitchen, living area, laundry, and breathtaking water views, this unique property provides exceptional versatility. Live in one residence while renting the other, accommodate extended family and guests, generate income by offering both units as vacation rentals, or enjoy the entire property as your own private beachfront estate. The upper residence features 3 BEDROOMS AND 2 BATHROOMS, an open-concept living area filled with natural light, two private balconies showcasing panoramic Gulf and partial Intracoastal views, an electric fireplace, granite kitchen countertops, a breakfast bar, fresh interior paint, Laundry Room, Plantation shutters, remote-controlled shades, and breathtaking sunsets from nearly every room. The FULLY RENOVATED lower residence (2025) offers 2 BEDROOMS AND 2 BATHROOMS, and luxurious finishes throughout, including custom cabinetry in the kitchen, bathrooms, and laundry room, stunning quartzite countertops, an oversized island, updated electrical, dual A/C systems, new flooring, fresh paint, Plantation shutters, remote-controlled shades, and a spa-inspired primary bath featuring an oversized jetted soaking tub. Lovingly maintained by the same family for decades, this SOLID CONCRETE PROPERTY has been thoughtfully updated with storm-rated PGT custom windows and doors, professionally designed tropical landscaping accented by elegant architectural lighting that transforms the property into a stunning Gulf-front showcase from day to night, and a custom REMOTE PRIVATE GATED ENTRANCE, offering exceptional durability, security, and timeless curb appeal. The expansive .39-ACRE BEACHFRONT LOT is one of the property's most remarkable features, providing ample space to create an outdoor entertaining area while preserving the privacy and breathtaking sunset views that make this location so extraordinary. Adding even greater value, the property is zoned for up to five residential units (buyer to verify), presenting exceptional potential for future expansion or redevelopment while continuing to enjoy the home as a private residence, luxury vacation retreat, or income-producing investment. Perfectly located near award-winning restaurants, shopping, medical facilities, major interstates, and two international airports, this one-of-a-kind Gulf-front property offers a rare combination of luxury, versatility, and long-term value. Whether you're seeking a legacy beachfront estate, an exceptional investment, or the ultimate Florida coastal lifestyle, this extraordinary property delivers possibilities that few Gulf-front homes can match. Schedule your private showing today and discover the endless possibilities of Gulf-front living.

19936 Gulf Boulevard, Indian Shores