P
lans for an 86-unit luxury condominium on Clearwater Beach were unveiled, marking the first new condo project in over a decade. The Viceroy Residences Clearwater Beach, set to open in late 2027, will feature two nine-story waterfront towers at 551 Gulf Blvd. Condos will range from $2.5 million to $12 million.
Developers BH3 Management and US Development purchased the 3.2-acre plot for $24.75 million in February, making it the most expensive vacant lot ever sold on Clearwater Beach. The project's amenities include a secluded beach, valet service, private restaurant, spa with steam room, exterior hot and cold plunge pools, and a resort-style pool.
Inside, two- and three-bedroom floor plans will range from 2,078 to 3,443 square feet, while larger penthouses will feature their own terraces. Sales are set to launch next month, with construction expected to begin in late 2025. The buildings will be designed with hurricane resilience in mind, standing at a higher elevation and made of concrete with windows capable of withstanding winds of up to 165 mph.
"We have designed our Clearwater Beach project to meet and exceed the level of quality and durability," said Greg Freedman, Co-CEO of BH3 Management. "This development will be built to last."
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