Indian Shores Gulf-Front STR Condo Market Report: April 2026 Data
STR (short-term rental) eligible Gulf-front condos only (even addresses, Gulf Boulevard west side). Data source: StellarMLS. Covers closed, active, and pending transactions for April 2026. Comparable Intracoastal report: Indian Shores Intracoastal STR Condo Market Report, April 2026.
April 2026 Gulf-Front Market Snapshot
| Metric | Gulf-Front April 2026 | Context |
|---|---|---|
| Active listings | 31 | STR-eligible Gulf-front condos only |
| Pending / under contract | 5 | 16% absorption of active inventory |
| Closed sales | 6 | Price range: $480,000 to $1,980,000 |
| New listings (April) | 2 | Low new supply entering this market |
| Median close price | $835,475 | vs active median list of $739,000 |
| Median original list price | $964,450 | Sellers reduced by ~13% before closing |
| Median list price at close | $864,900 | |
| Median sold-to-original-list | 91.0% | Meaningful negotiation environment |
| Median sold-to-list (at close) | 95.5% | Buyers closing near final asking |
| Median days on market | 120 days | Range: 4 days to 191 days |
| Median sold price per sq ft | $677.77 | Active inventory: $639.04/SqFt avg |
| Active listings with price reductions | 55% (17 of 31) | Post-Helene/Milton market reality |
| Active median list price | $739,000 | |
| Active median LP/SqFt | $639.04 | |
| Water frontage (active) | 27 of 31 (87%) | Gulf-front Yes = direct Gulf views |
April 2026 Closed Transactions — Gulf-Front
Six Gulf-front STR condos closed in April 2026. The range from 4 days to 191 days on market tells the pricing story: correctly priced units moved immediately while overpriced listings required significant reductions over extended periods.
| Address | Close Price | Orig List | SP/OLP (Sold to Original List) | DOM (Days on Market) | Waterfront | Note |
|---|---|---|---|---|---|---|
| 19600 Gulf Blvd #402 | $1,980,000 | $1,989,000 | 100% | 4 days | Yes | Priced to sell — moved immediately at full ask |
| 19530 Gulf Blvd #2B | $829,900 | $829,900 | 100% | 11 days | Yes | Full asking, 11 days — pricing discipline rewarded |
| 19930 Gulf Blvd #1B | $615,000 | $675,000 | 91% | 72 days | No | Non-waterfront, reduced $60K from original |
| 19450 Gulf Blvd #603 | $480,000 | $529,900 | 91% | 169 days | Yes | Reduced $49.9K over 169 days before closing |
| 19810 Gulf Blvd #3 | $841,050 | $1,099,000 | 77% | 170 days | Yes | $257,950 reduction from original list — 170 days |
| 19910 Gulf Blvd #102 | $1,300,000 | $1,550,000 | 84% | 191 days | Yes | $250,000 reduction over 191 days before closing |
Active Gulf-Front Inventory: What Is Sitting and Why
31 Gulf-front STR condos are actively listed as of April 2026. The active median list price of $739,000 is notably below the $835,475 median close price — meaning the inventory that sold was priced higher but positioned correctly, while lower-priced inventory is sitting. This counter-intuitive dynamic reflects the two-speed nature of the market: correctly priced premium units move; overpriced mid-tier units accumulate days.
| Active Inventory Metric | Gulf-Front April 2026 |
|---|---|
| Total active | 31 |
| Median list price (active) | $739,000 |
| Median LP/SqFt (active) | $639.04 |
| Listings with price reductions | 17 of 31 (55%) |
| Waterfront active listings | 27 of 31 (87%) |
| New listings added in April | 2 |
| All listings: Condominium | 31 of 31 (no condo-hotel in Gulf-front) |
Market Commentary: April 2026
"We are still seeing the condo market in recovery as we have moved through a lot of the older condos getting up to speed with the milestone inspections and the structural surveys. Buyers know there are still some good opportunities to get a bargain that they will look back and appreciate having acted on. The 55% of active listings with price reductions is a clear signal that the number of buyers for condos in Florida, even short-term rentals, is still below normal. Higher interest rates, global economic uncertainty, and the ongoing recovery bounce from the hurricanes are all in the mix. That said, April's data showed that correctly priced Gulf-front condos, including a $1.98 million unit that sold in 4 days at virtually full asking, are still commanding buyer attention and closing fast. The market is bifurcated. Properties priced to today's reality are moving. Properties priced to 2022 peak expectations are sitting."Cyndee Haydon | Top STR Investment Agent, Pinellas Gulf Beaches | FastExpert Top 2, Indian Rocks Beach & Indian Shores (2026) | Future Home Realty
Vacation Rental Income Context (AirROI 2026)
MLS data shows what buyers paid and sellers received. AirROI data shows what those condos earn as vacation rentals. These are the baseline income metrics for Indian Shores as a whole. Gulf-front properties with direct beach access and pool access consistently outperform these averages.
| AirROI Metric | Indian Shores Market Average | Source |
|---|---|---|
| Average annual gross revenue | $42,513 | AirROI 2026, May 2025–April 2026 |
| Average daily rate (ADR) | $334 | AirROI 2026 |
| Average occupancy | 42.8% | AirROI 2026 |
| RevPAR (revenue per available night) | $152 | AirROI 2026 |
| Revenue growth YoY | +18.2% | AirROI 2026 |
| Peak month | March — $10,009 avg, $419 ADR | AirROI 2026 |
| Lowest month | September — $3,396 avg, $277 ADR | AirROI 2026 |
Note: AirROI figures represent the Indian Shores market average across all STR listings. Gulf-front condos with pool access, 3+ bedrooms, and established guest review histories consistently outperform market averages by 30 to 60%. Verify actual income for any specific unit by requesting verified Airbnb and VRBO payout records from the seller before making any purchase decision.
Buying or selling a Gulf-front STR condo in Indian Shores?
Cyndee Haydon reviews condo documents, analyzes income potential, and has represented buyers and sellers in 150+ vacation rental transactions. FastExpert Top 2 in Indian Shores (2026). Call or text (727) 710-8035.
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Data source: StellarMLS, April 2026. STR-eligible Gulf-front condominium properties only. Even addresses on Gulf Boulevard, Indian Shores, FL 33785. This report covers properties confirmed to allow rentals of one month or less. It is not a solicitation for any property currently listed. All figures are from StellarMLS closed and active data and are believed accurate but not guaranteed. Verify all data independently before making any purchase or sale decision.
Related reports: Indian Shores Intracoastal STR Condo Market Report, April 2026 | Indian Shores STR Investment Guide | STR-Eligible Building List
Cyndee Haydon, Broker Associate, Future Home Realty | Sandbars to Sunsets Team | (727) 710-8035 | sandbarstosunsets.com | Equal Housing Opportunity