1520 GULF BOULEVARD, #PH1, Unit 1901, Clearwater Beach, FL, 33767 | $3,475,000

Sky-High Luxury Beachfront Living – A Rare Two-Story Penthouse One at the Premier ULTIMAR One on the pristine shores of Sand Key.
This extraordinary residence is a coastal gem, soaring above Clearwater's shoreline with breathtaking panoramic views of the Gulf of America. Spanning the 19th and 20th floors, the home occupies a highly sought-after southwest-facing position, flooded with year-round sunshine that fills every space with a warm, golden glow. The expansive wraparound balcony creates a floating oasis, ideal for sophisticated entertaining or serene private moments. A seamless fusion of modern sophistication and timeless elegance, this home epitomizes refined beachfront living—unmatched in beauty and resilience, with no hurricane damage to this pristine unit.
Upon entering, you're immediately captivated by the soaring ceilings and sweeping views of the Gulf and beach ahead. The stunning vista takes center stage in the open living area, while the designer curved staircase serves as the architectural focal point, gracefully connecting the two levels. To the right, the formal dining room offers views of the beach, complemented by an elegant kitchen with dark granite countertops and rich cabinetry. A casual dining area provides additional Gulf views and access to the panoramic terrace. On the opposite side of the main floor, the first guest bedroom—currently used as an office—features a closet and full bathroom. Adjacent to this is an oversized guest suite with a large walk-in closet and a luxurious jetted bath, designed for ultimate comfort.
Upstairs, the open family/media room overlooks the living area, offering an ideal space for entertainment while providing magical Gulf views and access to a private upper balcony. The majestic primary suite, occupying most of the top floor, serves as the ultimate retreat. A hallway leads to separate generous walk-in closets, followed by two expansive spa-inspired bathrooms, each featuring a soaking tub and spacious walk-in shower. Every room in this penthouse offers spectacular water and beach views with direct access to the wraparound balconies, making this residence a true rarity.
A semi-private elevator provides direct access to your penthouse, while a private two-car garage with additional storage ensures convenience and elegance. As part of the exclusive Ultimar community, residents enjoy top-notch amenities: three resort-style pools, hot tubs, tennis courts, a fitness center, a billiards room, and direct beach access—all just steps from the sugar-white sands of Sand Key.
Located just minutes from the vibrant energy of Clearwater Beach and proximity to the renowned Belleair and only 30 minutes from Tampa International Airport, sports venues, and top entertainment, it’s the perfect blend of tranquility and convenience.
This exceptional two-story beachfront penthouse is a true rarity, offering unparalleled luxury, exclusivity, and breathtaking coastal beauty. It combines luxurious living with panoramic Gulf views, making it a once-in-a-lifetime opportunity.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 2
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Pool, Spa/Hot Tub, Tennis Court(s)
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 4 full / 1 half
  • Laundry: Laundry Room, Upper Level
  • 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
  • MLS#: TB8350569
  • Days on Market: 87 days
  • Website: https://www.raveis.com
    /prop/TB8350569/1520gulfboulevard_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 5/14/2025 7:32:09 PM)
Listing courtesy of COASTAL PROPERTIES GROUP   Phone: 727-493-1555

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NMLS Mortgage Loan Originator ID 16953

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1520 GULF BOULEVARD, #PH1, Unit 1901, Clearwater Beach, FL, 33767

$3,475,000

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 $2,780,000 $2,780,000 $2,780,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.911% 6.865% 6.792%
Monthly Tax Payment $1,107 $1,107 $1,107
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,117 $18,031 $24,408
Total Monthly Payment $18,349 $19,263 $25,640

* 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.