Sapphire Shores
$2,275,000 – $3,250,000
Luxury coastal residences
- Bedrooms
- 5 + den
- Bathrooms
- 4
- Sq. Ft.
- 4,000+
- Residences
- 10
- Completion
- Q1 2027
Only 10 Residences
Brand-new five-story coastal homes directly on the Intracoastal Waterway.
Prime Location
Indian Shores Intracoastal waterfront, directly across Gulf Boulevard from the beach.
STR Friendly
1–7 day rentals. Self-manage or choose a manager; primary residence also possible.
Tax Planning
Potential cost segregation and bonus depreciation on qualifying property. CPA review required.
Income Potential
$253,000 third-party estimated annual gross rental revenue (not guaranteed). DSCR options available.
Sapphire Shores is a collection of only 10 brand-new, five-story townhome-style condominiums on the Intracoastal Waterway in Indian Shores, directly across Gulf Boulevard from the beach. Each residence offers five bedrooms plus a den, four baths and more than 4,000 square feet with double rooftop decks. Owners may rent for 1–7 day stays, self-manage or choose a manager, or live there full time.
Amenities & Lifestyle
Double rooftop decks
Pool, hot tub & BBQ area
Community Intracoastal fishing dock
Across the street from the beach
Quiet, peaceful Indian Shores location
Key Details
- Price
- $2,275,000 – $3,250,000
- Initial Deposit
- $10,000
- Total Down Payment
- 20%
- Financing Options
- Cash, conventional, second-home or DSCR financing
- Estimated Completion
- Q1 2027
- Property Type
- Five-story townhome-style condominiums
- Rentals & Personal Use
- 1–7 days minimum
- No restrictions on personal use. Can be a full-time residence.
- Management
- No required manager; owners may self-manage.
All terms are subject to the purchase contract and lender approval.
Income & Tax Considerations
Third-party estimated annual gross rental revenue
$253,000
Source: Stay Dream Rentals
Estimate only. Not guaranteed.
Potential tax advantages
Potential cost segregation and bonus depreciation on qualifying property. CPA review required.
Tax benefits depend on your circumstances. Consult your CPA. Learn how this works
Floor Plans
Sapphire Shores FAQ
Can Sapphire Shores be rented short term?
Yes. Sapphire Shores permits 1–7 day rentals. Owners may self-manage or choose any manager, and may also use the home as a full-time residence.
How much is the deposit at Sapphire Shores?
The initial deposit is $10,000 with a total down payment of 20%, subject to the purchase contract.
What financing is available at Sapphire Shores?
Buyers may purchase with cash, conventional, second-home or DSCR financing, subject to lender approval.
When will Sapphire Shores be completed?
Estimated completion is Q1 2027.
What is the projected rental income at Sapphire Shores?
A third-party estimate from Stay Dream Rentals projects approximately $253,000 in annual gross rental revenue per residence. This is an estimate and is not guaranteed.
Private inquiries
Request information on Sapphire Shores
Pricing, availability, floor plans, rental details and financing. Submitting an inquiry does not require marketing consent.
Jeff Beggins
Century 21 Beggins Enterprises