18838 GULF BOULEVARD 202 Wake up to the sound of waves and unobstructed Gulf views just steps from your door. A Rare, One-of-a-Kind Beachfront Townhome — Only 1 of 4 Exclusive Units. Welcome to an exceptionally rare opportunity to own direct beachfront property in an intimate four-residence community on the sugar-white sands of Indian Shores. This 2-bedroom, 2-full bath townhome — plus an additional full bath off the garage for post-beach convenience — offers breathtaking Gulf views, modern updates, and the freedom of no rental restrictions. Previously affected by coastal storms and professionally remediated, this property is now a blank canvas — ready for your custom finishes and vision. Priced to reflect the opportunity for customization and renovation. Create your dream coastal retreat exactly the way you want it. Coastal Living with Character & Space. Upon arrival, the residence is located to the right, distinguished by its elegant front-facing arched balcony. Enter through double doors into a light-filled main level featuring an open-concept kitchen, dining, and living area designed for effortless entertaining. A dramatic oversized wood-burning fireplace anchors the living room and extends to the primary suite upstairs providing 2 wood burning fireplaces — a rare architectural feature that adds warmth and character to this beachfront home. Off the dining area, sliding glass doors open to a private, gated multi-use outdoor space — ideal for grilling, gardening, or storing paddleboards, bikes, and beach gear. Panoramic Gulf Views from Multiple Levels. Upstairs, the west-facing primary suite captures sweeping, unobstructed Gulf views. Step onto your covered beachfront balcony, perfect for sunset viewing and/or cocktails, with additional stairs leading to a third-story observation and sun deck offering spectacular panoramic vistas. The primary suite features: Wood-burning fireplace. Updated flooring. Spacious walk-in closet. Spa-style ensuite with quartz countertops, oversized vanity, stand-up shower, and private water closet. Across the hall, the oversized guest bedroom offers generous storage with two closets. The guest bath includes an updated vanity and tub. Practical Luxury. Private garage with additional full bath — ideal for rinsing off after beach days, guest use, potential storage or additional laundry. Also there’s a shared laundry room. There's abundant parking. In addition to the garage, the property includes two dedicated parking spaces, along with two shared visitor parking spaces for the four-unit community. Low affordable HOA. Community picnic area and private beach access path. Direct steps to the sand. The community also includes a shared beachfront sitting area directly leading to the sand, which features: Four community Adirondack chairs and one large three-seat hanging swing. The Seaside Seabird Sanctuary is located just around the corner.?A nature preserve sits directly across the street, offering preserved open space and additional views. There are also multiple beach access entry points nearby, providing convenient access along the shoreline. Whether you envision a personal beachfront sanctuary, a high-income vacation rental, or a hybrid of both — this flexible property allows you to enjoy it on your terms. Beachfront townhomes with this level of privacy, scale, and rental freedom rarely become available — especially in a boutique four-unit setting in one of Pinellas County’s most desirable beach communities.