July 25th, 2025 – The stakes in Florida’s luxury real estate market have officially climbed—6,124 square feet higher, to be exact. With the reveal of the Grand Penthouse at Viceroy Residences Clearwater Beach, a new benchmark has been set not only for Clearwater but for the entire Gulf Coast.
Poised atop the western tower of Viceroy’s first branded residential development on Florida’s West Coast, the Grand Penthouse is priced north of $12 million and offers a sweeping vision of beachfront estate living, reimagined in the sky. The full-floor residence features five bedrooms, six bathrooms, floor-to-ceiling glass walls, and an expansive wraparound terrace with panoramic views of the Gulf of Mexico and the region’s widest beachfront.
Developed by BH3 Management and U.S. Development, the two-tower, 86-residence project brings Viceroy’s global standard of service and design into sharp focus—melding architecture, hospitality, and location with rare precision. Construction is slated to begin in 2026, and sales have officially launched from the on-site presentation gallery.
The Grand Penthouse headlines a limited collection of eight penthouses, each meticulously designed to evoke the privacy and space of a waterfront estate—yet with all the benefits of elevated, turnkey condominium living. Ranging from 2,392 to 6,124 square feet and starting at $5 million, each home carries the architectural fingerprint of Randall Stofft, whose coastal-modern sensibility anchors the project’s fluid aesthetic.
Think chef-grade Italian kitchens with Wolf and Sub-Zero appliances, spa-inspired limestone baths, private elevators, and dedicated entertaining wings. Gulf-facing suites and bespoke finishes reflect an emphasis on intentional living, tailored for a discerning clientele.
“These spacious residences will be panoramic beachfront estates in the sky. The building's curved layout provided a unique opportunity to design each penthouse as a standalone retreat, offering the space, privacy, and livability typically reserved for single-family waterfront estates. These are not just residences, they’re a lifestyle.”John Farina, CEO of U.S. Development
The interiors, crafted by Steven G. of Interiors by Steven G., embrace timelessness over trend. “Being entrusted with the interior design of Viceroy Residences, Clearwater Beach gave my team and me the opportunity to create a vision of timeless luxury unlike anything else on Florida’s Gulf Coast,” said Steven G.
“From the very beginning, we weren’t designing for today, we were designing for tomorrow. True design stands the test of time, and that’s exactly what this project embodies. This is more than just a residence; it’s a legacy in the making.”Steven G., Designer Behind Viceroy Residences, Clearwater Beach
That legacy also includes forward-thinking engineering. With resiliency now a requisite in coastal construction, the development is built 18.6 feet above the North American Vertical Datum (NAVD)—well above FEMA’s 12-foot NAVD standard. Concrete structure and missile impact-rated windows provide added protection against up to 165 mph winds, while gas-line-connected generators ensure power continuity during outages.
True to the Viceroy brand’s experience-driven ethos, the property promises an amenity portfolio that is as lifestyle-forward as it is luxurious. A private beach club with a 3,000-square-foot restaurant and pool bar will offer food and beverage service directly to loungers—on the sand or by the pool.
A sunset deck shaded by a banyan tree, an oceanview fitness center with a dedicated yoga room, and a spa complete with sauna, steam, and plunge pools round out the wellness offerings. Social amenities include a clubhouse, media room with billiards and card tables, and a sports bar for effortless entertaining.
And in typical Viceroy fashion, a dedicated concierge team will deliver tailored service that adapts to each resident’s lifestyle, whether that means planning an intimate dinner on the terrace or coordinating a Gulf-front celebration.
For those paying attention, Clearwater Beach has quietly become one of Florida’s most coveted coastal enclaves, bolstered by a surge in luxury migration and strategic development. As of mid-2024, the Florida Chamber Foundation reported 750 new residents moving to the state daily—many of them affluent buyers seeking residential luxury with beachfront access and metropolitan convenience.
With projects like Viceroy Residences Clearwater Beach now in the spotlight, the area’s identity is shifting from low-key vacation spot to luxury lifestyle destination.
Both developers bring considerable pedigree to the table. U.S. Development has delivered over 800 units across the East Coast, including high-end projects like Salato Residences in Pompano Beach and 1625 Ocean in Delray. BH3 Management, known for Privé at Island Estates in Aventura and Icon Las Olas, has executed more than $2.5 billion in capital deployments across 4 million square feet of real estate.
The Grand Penthouse—and the project as a whole—is more than a statement of architecture or design. It’s a declaration: Clearwater Beach is entering a new era of luxury living, where service, sophistication, and security are built in, not added on.