1520 GULF BOULEVARD, #PH1, Clearwater Beach, FL, 33767 | $3,175,000

Rare TWO-STORY BEACHFRONT PENTHOUSE – Panoramic Sunset Views, Stunning Updates & Hurricane-Resilient Design. . . This exceptionally rare, two-story beachfront penthouse at ULTIMAR One has been brilliantly refreshed and elevated, offering an unmatched combination of modern elegance, Gulf-front panoramas, and peace of mind with solid concrete construction. Occupying both the 19th and 20th floors, this premier penthouse residence offers an expansive layout on the top of this southwest-facing masterpiece. From the moment you enter, breathtaking Gulf views unfold, with every room opening to impressive balconies that create an ever present connection to the water. These expansive wraparound terraces create the sensation of floating above the shoreline — perfect for entertaining, relaxing, and soaking in the serenity of the sea with the sound of the waves. Living at Ultimar is more than a mark of prestige — it’s the realization of your dream coastal lifestyle. Here, every day feels like a vacation, and every moment a reminder that you’ve arrived at the pinnacle of beachfront living. Inside, upscale new updates including floors and elegant bathrooms have transformed this residence into a turnkey showcase of coastal luxury. The grand two-story living space is framed by soaring ceilings and walls of glass, with a dramatic curved staircase that serves as the architectural centerpiece. The contemporary kitchen pairs rich cabinetry with sleek dark granite, opening to a casual dining area with sweeping Gulf views. The formal dining room offers an elegant setting with beach vistas as your backdrop. The first level also features a versatile first guest bedroom (ideal as an office), a new elegant bathroom, and a gracious guest suite (or second primary) with oversized walk-in closet and expansive walk-in shower — all refreshed to reflect a sophisticated design with a spacious layout. Upstairs, an open loft / media lounge overlooks the living room and opens to a private upper balcony. The primary suite is a true sanctuary, with dual custom walk-in closets and two indulgent, spa-inspired bathrooms featuring soaking tub, walk-in showers, and resort-quality finishes. A semi-private elevator delivers you directly to your penthouse door, and a private two-car garage with additional storage located just steps from the elevator for unmatched convenience. As part of the exclusive Ultimar community, residents and guests enjoy an elevated lifestyle with three resort-style pools, whirlpool spas, tennis courts, a state-of-the-art fitness center, billiards room, plenty of parking, and private beach access — all just steps from the sugar-white sands of Sand Key.
Minutes from Clearwater Beach and Belleair, and only 30 minutes from Tampa International Airport, this residence offers a rare blend of seclusion, sophistication, and security.
This move-in-ready, newly updated two-story penthouse is more than a home — it is a statement of coastal luxury, a lifestyle realized, and one of the most sought-after residences on Florida’s Gulf Coast.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 2
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 4 full / 1 half
  • Laundry: Laundry Room
  • Complex: ULTIMAR ONE CONDO
  • Year Built: 1991
  • Common Charge: $703 Monthly
  • Approx Sq. Feet: 3,430
  • Acreage: 0.25
  • Est. Taxes: $13,279
  • Condo Fee: $3,321 Monthly
  • Pet Policy: Number Limit, Size Limit, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Purifier
  • MLS#: TB8424790
  • Days on Market: 77 days
  • Website: https://www.raveis.com
    /prop/TB8424790/1520gulfboulevard_clearwaterbeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/24/2025 1:11:19 AM)
Listing courtesy of COASTAL PROPERTIES GROUP   Phone: 727-493-1555

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1520 GULF BOULEVARD, #PH1, Clearwater Beach, FL, 33767

$3,175,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,540,000 $2,540,000 $2,540,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.000% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.353% 6.121% 6.038%
Monthly Tax Payment $1,107 $1,107 $1,107
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $14,622 $15,229 $21,263
Total Monthly Payment $15,854 $16,461 $22,495

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.