What Does the May 2026 Indian Shores Intracoastal Condos STR Market Data Show?
Short answer: 4 STR-eligible intracoastal str condos closed in Indian Shores in May 2026 at a median price of $505,000, 50-day median DOM, $453/sqft, and 95% SP/OLP. 37 active listings remain with 7 added in May. Active median list price is $499,900, a gap of $5,100 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 Intracoastal Condos STR Market Perform in May 2026?
Four intracoastal closings in May with a 95% SP/OLP ratio shows buyers and sellers finding agreement on value in this price range. The 50-day median DOM is healthy, not slow. The active median of $499,900 sitting just below the $505,000 closed median means pricing is relatively tight here, which is a more efficient market than most of the corridor right now.
What Are the Short-Term Rental Rules in Indian Shores for Intracoastal 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 Intracoastal 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 an Intracoastal STR Condo Purchase in Indian Shores?
How Did the Indian Shores Intracoastal 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 Intracoastal 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 Intracoastal Condos STR Market in 2026?
As of June 2026, there are 37 active intracoastal STR-eligible condo listings in Indian Shores with a median list price of $499,900. 7 new listings were added in May 2026. Source: StellarMLS, June 20, 2026.
The median sale price was $505,000, with a 50-day median DOM, $453 per square foot, and a 95% SP/OLP ratio across 4 closed transactions. Source: StellarMLS, May 2026.
The active median list of $499,900 is nearly identical to the May 2026 closed median of $505,000, which means sellers on the intracoastal side are pricing close to market reality. This tight spread produces efficient transaction velocity and less negotiating room than most other corridor segments. Source: StellarMLS, May 2026.
In May 2026, gulf-front median closed price was $1,035,000 versus $505,000 intracoastal, a $530,000 gap. Per square foot: $744 gulf-front versus $453 intracoastal. Both segments closed at 95% SP/OLP, but gulf-front moved in 14 days versus 50 days intracoastal. Source: StellarMLS, May 2026.
Indian Shores has 19 confirmed intracoastal STR-eligible buildings under Section 110-388. Key buildings include Dolphin Key (19519 Gulf Blvd, 2016-2017, 1-month minimum), The Anchorage (20001 Gulf Blvd, 2021-2022), and Bay Mariner (19701 Gulf Blvd). Minimum terms vary; verify the current declaration before any purchase decision. Source: StellarMLS; Indian Shores Section 110-388; Cyndee Haydon.
Dolphin Key (19519 Gulf Blvd, built 2016-2017) requires a 1-month minimum rental term under its current declaration, which means it does not qualify for weekly vacation rental income. It is included in this report as an intracoastal condo building but is not eligible for short-term rentals of less than 30 days. Always verify the current declaration directly. Source: Cyndee Haydon, Sandbars to Sunsets Team with Future Home Realty.
AirROI 2026 shows Indian Shores averaging $42,513 in annual gross revenue across 631 active listings. This blended figure includes both gulf-front and intracoastal units. Intracoastal units without gulf views typically perform at or below the blended average. 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.
S: 37 active, 7 new in May, steady replenishment. H: Section 110-388 governs; Dolphin Key is 1-month minimum, not STR-eligible for short stays. O: Blended $42,513 annually (AirROI 2026); intracoastal units likely at or below this. R: Milestone inspection review for older buildings; verify rental frequency caps not visible in MLS. E: 95% SP/OLP and tight ask-to-close spread confirm efficient market. 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.