One or more photo(s) has been virtually staged. Significant price adjustment presents a compelling opportunity to own a luxury coastal home in Belleair Beach. One of the lowest flood insurance policies on the barrier islands, assumable at just under $1,800 annually. Elevated 5-bedroom residence located directly across from the Gulf of Mexico featuring rare dual water views of the Gulf and Intracoastal Waterway. Built above the flood plain in AE zone with hurricane-impact windows and doors, wind-mitigation-qualified tile roof, reinforced garage door, and whole-house Generac gas generator powering essential systems including HVAC, appliances, and lighting. Property performed as designed during recent storms, offering durability and peace of mind. Interior features include imported Italian marble flooring, custom ironwork, hand-painted tile murals, and a statement crystal chandelier. Spacious floor plan with five bedrooms plus executive office. Wraparound balconies span the second level with Gulf and Intracoastal views from nearly every room. Outdoor living includes private pool and spa with smart home technology controlling security, lighting, irrigation, and pool systems remotely. Conveniently located near Clearwater Beach, Dunedin, Tampa International Airport, and Downtown Tampa. Now offered at $3.05M, delivering strong value for a luxury waterfront lifestyle in Belleair Beach. Professionally designed concept renderings have been included to illustrate a refined, modern coastal aesthetic, offering buyers a clear vision of how the home can be elevated with thoughtful updates. The property's existing architecture and layout provide an exceptional foundation, allowing for meaningful transformation without the need for a full-scale renovation. Opportunities exist to enhance finishes, lighting, and overall design while maintaining the home's character and structural integrity. For buyers interested in customizing the space, design consultation and renovation guidance are available.