Under Construction. SAPPHIRE SHORES - OWN THE LIFESTYLE. UNDERWRITE THE INVESTMENT. An extraordinary opportunity to own new luxury construction on Florida's increasingly scarce barrier-island coastline. With only 3 residences still available, Sapphire Shores combines the space and privacy of an upscale coastal home with remarkable flexibility in how you own and use it. Residences range from approximately 3,740 to 4,137 square feet, with 5 sleeping quarters and 5-5.5 baths, thoughtfully designed for luxury coastal living, multigenerational families and larger groups. Make Sapphire Shores your primary residence and potentially qualify for Florida homestead benefits, enjoy it as a private vacation home, or take advantage of nightly rental eligibility and operate it as an income-producing short-term rental. Your strategy can evolve with you-a residence purchased for personal use today may become an investment property in the future, while an investment today could ultimately become the Florida beach home you call home. One exceptional property. Multiple ownership strategies. For investment-minded buyers, the 5 sleeping quarters create an important competitive advantage in the short-term rental market, allowing the residence to accommodate larger and multigenerational groups that smaller beach condos simply cannot serve. This places Sapphire Shores in a more limited segment of the vacation-rental market where larger luxury accommodations may command higher nightly rates and greater gross revenue potential. Sapphire Shores also offers a rare combination of scarcity, potential appreciation, rental income, leverage, capital preservation and potential tax advantages. Short-term-rental ownership may provide qualifying owners with significant tax-planning opportunities. A professional cost-segregation study may accelerate depreciation, while qualifying property may be eligible for 100% bonus depreciation under current federal tax law, potentially creating substantial first-year deductions. Depending on the owner's tax situation, property use, average guest stay and participation, these deductions may help offset rental income and potentially other qualifying taxable income. Buyers should consult their CPA or tax advisor regarding their individual circumstances. Located in desirable Indian Shores between Clearwater Beach and St. Pete Beach and minutes from John's Pass, Sapphire Shores puts owners in one of Tampa Bay's most established coastal destinations. Large, upscale residences capable of accommodating multiple families and larger groups are exceptionally difficult to replicate along this built-out coastline. Coastal land cannot simply be created when demand increases. That inherent scarcity provides a compelling foundation for potential long-term appreciation and capital preservation, while nightly-rental flexibility provides an opportunity to generate income along the way. Whether your objective is homestead, lifestyle, rental income, tax strategy, appreciation, capital preservation or a legacy property for future generations, Sapphire Shores gives you options. Enjoy it. Put it to work. Change your strategy as life changes. Only 3 residences remain. One exceptional coastal opportunity. Hard Hat Site visits are available.