1520 GULF BOULEVARD, #202, Clearwater Beach, FL, 33767 | $2,700,000

Experience a level of coastal living and entertaining that is simply unmatched. Offered for the first time, this 3-bedroom, 2. 5-bath residence with a deeded two-car garage at Ultimar I was the developer’s personal direct beach access ‘penthouse’—meticulously maintained and never before available to the public. Enjoy unobstructed ocean views and private terrace living, just steps above the sand. Residence #202 stands alone as a private corner residence with panoramic beach vistas and an exclusive entryway. The high ceilings and its massive wraparound limestone terrace—the largest and most expansive private outdoor space in Ultimar I —defines the estate with access through a private vestibule. This seamless extension of the home flows directly from the kitchen, main living areas, and primary suite, creating an effortless indoor-outdoor sanctuary perfect for grand entertaining or quiet evenings under the stars. Floor-to-ceiling glass frames sweeping Gulf views from sunrise to sunset, while the terrace itself serves as an elevated outdoor living room for sunset soirées, intimate dinners, and skyline views of downtown Clearwater Beach. The design provides all the privacy, scale, and attributes of a private beachfront residence—without any of the maintenance, upkeep, or operational work. Enhancing this extraordinary setting even further is direct private beach access via your own architectural staircase, leading straight from the expansive terrace to the pristine, sugar-white sands of Sand Key. Step from your private retreat onto the shoreline with complete privacy and ease. Set within the guard-gated enclave of Ultimar I, residents enjoy resort-style amenities, including three heated pools, Har-Tru tennis and pickleball courts, a state-of-the-art fitness center with steam and sauna, and beautifully landscaped grounds with a fire pit, putting green, croquet lawn, and grilling areas. Sand Key delivers serene exclusivity and peaceful beachfront living at its finest. This is a true “one-of-one” opportunity—combining the building’s largest private outdoor footprint, rare high ceilings, direct private beach staircase access, and single-developer ownership in a setting designed for effortless coastal living and entertaining at the highest level.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Fitness Center, Pool, Tennis Court(s)
  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Laundry Closet
  • Complex: ULTIMAR ONE CONDO
  • Year Built: 1991
  • Common Charge: $432 Monthly
  • Approx Sq. Feet: 1,925
  • Est. Taxes: $8,124
  • Condo Fee: $1,979 Monthly
  • Water Front: Yes
  • Elem. School: Mildred Helms Elementary-PN
  • Middle School: Largo Middle-PN
  • High School: Largo High-PN
  • Pet Policy: Number Limit, Yes
  • Appliances: Dishwasher, Microwave, Range, Range Hood, Refrigerator
  • MLS#: TB8496298
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8496298/1520gulfboulevard_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 5/27/2026 5:05:17 PM)
Listing courtesy of Redfin Corporation   Phone: 617-458-2883

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NMLS Mortgage Loan Originator ID 16953

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1520 GULF BOULEVARD, #202, Clearwater Beach, FL, 33767

$2,700,000

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 $2,160,000 $2,160,000 $2,160,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.350% 6.361% 6.203%
Monthly Tax Payment $677 $677 $677
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,950 $13,299 $18,227
Total Monthly Payment $13,752 $14,101 $19,029

* 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.