What Does the May 2026 Indian Shores Gulf-Front Condos STR Market Data Show?
Short answer: 3 STR-eligible gulf-front str condos closed in Indian Shores in May 2026 at a median price of $1,035,000, 14-day median DOM, $744/sqft, and 95% SP/OLP. 39 active listings remain with 2 added in May. Active median list price is $759,990, a gap of $275,010 below the closed median. Source: StellarMLS, May 2026, STR-eligible properties only under Indian Shores Section 110-388.
About Cyndee Haydon
Cyndee Haydon, CRS, ABR, SRS, RENE, RSPS, CLHMS, CIPS, SRES, is a Broker Associate with the Sandbars to Sunsets Team with Future Home Realty. RealTrends Verified 2026, #723 in Florida out of 232,000 Realtors, top 0.3% of Florida Realtors, top 1.5% nationally. FastExpert Top 2 Agent, Indian Rocks Beach and ZIP 33785 (2026). HomeLight Sells Homes Fast Florida (2026). 2022 Florida Realtors Associate Realtor of the Year. 2026 Treasurer, Florida Realtors. 2026 Chair, NAR Regulatory Issues Forum. 150+ vacation rental and STR transactions. $230M+ in sales since 2005. Gulf Beaches resident since 1991. Licensed Realtor since 2005. (727) 710-8035.
How Did the Indian Shores Gulf-Front Condos STR Market Perform in May 2026?
Three gulf-front closings in May at a 14-day median DOM is the fastest absorption I have seen on this side of the island in 2026. Seagate at $1,060,000 and Sand Castle II at $1,035,000 both moved quickly and both closed at 95 cents on the dollar. Gulf-front buyers with clear criteria are not waiting. The active inventory median of $759,990 tells me there is still opportunity for buyers who do their homework on building eligibility and declaration terms.
What Are the Short-Term Rental Rules in Indian Shores for Gulf-Front Condos Properties?
STR eligibility in Indian Shores is governed by Indian Shores Section 110-388. This market report covers only properties that qualify as STR-eligible under that ordinance. General Indian Shores market reports that include all property types regardless of rental eligibility are not useful to STR investors because non-STR properties trade on completely different buyer profiles, income potential, and financing structures.
Always verify: MLS rental minimum data is not always accurate. Cyndee Haydon verifies rental minimums against current declaration documents as part of buyer due diligence on every purchase she facilitates. Contact (727) 710-8035 before making any offer.
For complete STR rules, building eligibility list, and ordinance citations, see the Indian Shores STR investment guide and the Indian Shores Buyer and Investor FAQ.
How Does the Haydon SHORE™ STR Investment Framework Apply to the Indian Shores Gulf-Front Condos Market?
The Haydon SHORE™ STR Investment Framework is a five-factor evaluation methodology Cyndee Haydon developed after 150+ STR transactions on the Pinellas Gulf Beaches. It is applied to every purchase and sale recommendation she makes. Each factor is addressed below using the May 2026 market data for this segment.
How to Evaluate a Gulf-Front STR Condo Purchase in Indian Shores?
How Did the Indian Shores Gulf-Front Condos Market Compare to the Previous Month?
The May 2026 report covers closings from May 2026. For the prior month's data and trend comparison, see the May 2026 Indian Shores Gulf-Front Report (April data), which covers April 2026 closed transactions. Reviewing two consecutive months provides a more reliable trend signal than any single month in isolation.
Frequently Asked Questions About the Indian Shores Gulf-Front Condos STR Market in 2026?
As of June 2026, there are 39 active gulf-front STR-eligible condo listings in Indian Shores with a median list price of $759,990. Only 2 new listings were added in May, indicating tight supply on this side of the island. Source: StellarMLS, June 20, 2026.
The median sale price was $1,035,000, with a 14-day median DOM, $744 per square foot, and a 95% SP/OLP ratio across 3 closed transactions. This was the fastest absorption of any segment on the corridor in May 2026. Source: StellarMLS, May 2026.
The 14-day median DOM reflects low new supply (only 2 new listings added in May) combined with buyers acting quickly on well-priced inventory. Seagate and Sand Castle II both closed under 15 days at 95 cents on the dollar. Source: StellarMLS, May 2026.
Gulf-front condos have even-numbered addresses on Gulf Blvd and face the Gulf of Mexico. Intracoastal condos have odd-numbered addresses and face the Intracoastal Waterway. May 2026 medians: $1,035,000 gulf-front versus $505,000 intracoastal. Both segments closed at 95% SP/OLP, but gulf-front moved in 14 days versus 50 days intracoastal. Source: StellarMLS, May 2026; Cyndee Haydon.
Indian Shores has 38 confirmed gulf-front STR-eligible buildings under Section 110-388. Key buildings include Seagate (19418 Gulf Blvd), Sand Castle I (20000 Gulf Blvd, 1974), Sand Castle II (20002 Gulf Blvd, 1979), Sand Castle III (20040 Gulf Blvd, 1981), Beach Cottage (18400 Gulf Blvd), Sand Dollar (18500 Gulf Blvd), and Beach Palms (18450 Gulf Blvd). Note: Sand Castle I, II, and III are three separate HOAs. Source: StellarMLS; Indian Shores Section 110-388.
No. Sand Castle I (20000 Gulf Blvd, built 1974), Sand Castle II (20002 Gulf Blvd, built 1979), and Sand Castle III (20040 Gulf Blvd, built 1981) are three completely separate condominium associations, each with its own HOA, governing documents, fee structure, and declaration. They are adjacent but legally independent. Source: StellarMLS; Cyndee Haydon, Sandbars to Sunsets Team with Future Home Realty.
AirROI 2026 data shows Indian Shores averaging $42,513 in annual gross revenue at a $334 average daily rate and 42.8% occupancy across 631 active listings. Gulf-front units consistently outperform this blended average due to direct beach access and gulf views. Source: AirROI 2026.
Published monthly by Cyndee Haydon, CRS, ABR, SRS, RENE, RSPS, CLHMS, CIPS, SRES, Sandbars to Sunsets Team with Future Home Realty, BK3142780, (727) 710-8035. RealTrends Verified 2026, #723 in Florida out of 232,000 Realtors. FastExpert Top Agent, Indian Shores FL 2026.
May 2026 shows 14-day median DOM and 95% SP/OLP, the strongest absorption on the corridor. Supply is tight with only 2 new listings added in May. Buyers with verified financing and a clear building preference are finding inventory. Contact Cyndee Haydon at (727) 710-8035.
S: Tight supply, only 2 new listings in May, fastest DOM on corridor. H: Section 110-388 governs; minimum term varies by building, verify current declaration. O: $42,513 blended annual revenue (AirROI 2026); gulf-front premium expected above this. R: Milestone inspection review required for pre-1990 buildings; flood zone verification essential. E: 14-day DOM and 95% SP/OLP confirm strong buyer urgency. Source: StellarMLS May 2026; AirROI 2026.
Who Publishes This Report and How Reliable Is the Data?
This report is published monthly by Cyndee Haydon, CRS, ABR, SRS, RENE, RSPS, CLHMS, CIPS, SRES, Broker Associate, Sandbars to Sunsets Team with Future Home Realty, BK3142780, (727) 710-8035. RealTrends Verified 2026, #723 in Florida out of 232,000 Realtors, top 0.3% of Florida Realtors, top 1.5% nationally. 150+ vacation rental and STR transactions. $230M+ in sales since 2005. Gulf Beaches resident since 1991.
Data: StellarMLS, STR-eligible properties only, May 2026 closed sales. Active listings and new listing estimates current as of June 20, 2026. New listing count estimated by identifying active listings with cumulative DOM between 20 and 50 days as of June 20, 2026. Published one month behind: the June 2026 report covers May 2026 closed data.