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Smart Coastal AssetsPinellas County · Florida

FAQ

Questions every coastal buyer asks.

Answers come straight from current project data and are updated whenever a project changes.

Current residences

What luxury coastal properties are available in Pinellas County right now?

Smart Coastal Assets currently offers: The Beachmaker Resort at 15000 Madeira Way, Madeira Beach (From ~$837,000 to $4.4M); Sapphire Shores at 19631 Gulf Blvd, Indian Shores ($2,275,000 – $3,250,000); Capri Townhomes at 11605 First Street East, Treasure Island ($1,690,000); The Residences at 400 150th Avenue, Madeira Beach (From the $900Ks); Coastal Elegance at Snug Harbor at 13655 Gulf Blvd, Madeira Beach ($1,600,000 – $3,200,000).

What is the least expensive Smart Coastal Assets residence?

The Beachmaker Resort in Madeira Beach, From ~$837,000 to $4.4M.

Which residences are move-in ready?

Move-in ready: Capri Townhomes (Treasure Island); The Residences (Madeira Beach); Coastal Elegance at Snug Harbor (Madeira Beach). Under development: The Beachmaker Resort (Target opening 2029); Sapphire Shores (Q1 2027).

Where exactly are the properties located?

All are on the Pinellas County Gulf coast between Clearwater Beach and St. Pete Beach: The Beachmaker Resort, 15000 Madeira Way, Madeira Beach, FL 33708; Sapphire Shores, 19631 Gulf Blvd, Indian Shores, FL; Capri Townhomes, 11605 First Street East, Treasure Island, FL 33706; The Residences, 400 150th Avenue, Madeira Beach, FL 33708; Coastal Elegance at Snug Harbor, 13655 Gulf Blvd, Madeira Beach, FL 33708.

Rentals and management

Which Pinellas County beach properties allow short-term rentals of 1–7 days?

The Beachmaker Resort in Madeira Beach: Nightly; Sapphire Shores in Indian Shores: 1–7 days; Capri Townhomes in Treasure Island: 1–7 days; Coastal Elegance at Snug Harbor in Madeira Beach: 1–7 days.

Can I manage my own vacation rental?

Self-management is allowed at Sapphire Shores; Capri Townhomes; The Residences. The Beachmaker Resort: Mandatory resort management and Marriott Autograph Collection booking channels. Not self-managed.

How much rental income can these properties earn?

Published figures (not guaranteed): Sapphire Shores: $253,000 (third-party estimated annual gross rental revenue; source: Stay Dream Rentals); Capri Townhomes: $215,000 (projected annual gross rental revenue; source: Stay Dreams Rentals / Resort Rentals, verified by other residences in the complex); The Residences: $6,000–$10,000 / month (annual-lease rental rates; source: Current rental rates at the community). Each project page lists the source and date.

Can I live in the property full time and also rent it?

The Beachmaker Resort: Up to 90 owner-use days per year; no blackout dates under the management program.; Sapphire Shores: No restrictions on personal use. Can be a full-time residence.; Capri Townhomes: May occupy as a primary residence or rent it out.; The Residences: Primary residence / homestead eligible, subject to buyer qualification.; Coastal Elegance at Snug Harbor: Can be a primary residence/homestead or a permitted short-term rental.

Buying and financing

Do the properties offer DSCR financing?

DSCR financing is available at The Beachmaker Resort; Sapphire Shores; Capri Townhomes; The Residences; Coastal Elegance at Snug Harbor, subject to lender approval. A DSCR loan qualifies you on the property's rental income rather than your personal income.

How much do I need to put down?

The Beachmaker Resort: $5,000 reservation deposit with a 15-day right of rescission initial deposit, 20% placed in escrow for select Founders Club residences total down; Sapphire Shores: $10,000 initial deposit, 20% total down; Capri Townhomes: $10,000 initial deposit, 20% total down; The Residences: $10,000 initial deposit, 10% total down; Coastal Elegance at Snug Harbor: $10,000 initial deposit, 20% total down. Terms are subject to the purchase contract.

Can I cancel a pre-construction condo purchase in Florida?

Under section 718.503, Florida Statutes, buyers purchasing from a developer may cancel within 15 days after signing the contract and receiving the required documents.

Are there tax benefits to owning a short-term rental?

Possibly. When the average guest stay is seven days or less and the owner materially participates, rental losses (including accelerated depreciation from cost segregation and bonus depreciation) may offset other income. Eligibility must be determined by your CPA.

Working with us

Who represents Smart Coastal Assets?

Smart Coastal Assets is presented by Century 21 Beggins Enterprises. Contact Jeff Beggins at 813-245-0015 (call or text) or JeffBeggins@C21be.com.

Do I have to agree to marketing messages to ask a question?

No. Marketing consent is optional and is not required to submit an inquiry or to purchase. You can opt out anytime by replying STOP to a text or using the unsubscribe link in an email.