The Grande on Sand Key is a luxury Gulf-front condominium community made up of two mirror-image high-rise towers, Somerset and Watermark, at 1170 and 1180 Gulf Boulevard on the Sand Key barrier island in Clearwater. The towers were built in the late 1990s, around 1997 and 1998, directly on the shore of the Gulf of Mexico (Homes.com and Trulia building guides, 2026).
This is an owner-occupied luxury condo community, not a nightly or weekly vacation-rental building. Leasing is permitted but restricted to a minimum term, commonly described as a three-month minimum with a limited number of leases per year, so confirm the current leasing rules in the association documents before counting on any rental use (Homes.com and local brokerage guides, 2026).
Because the towers sit directly on the Gulf on a barrier island, the value story runs through flood zone, FEMA substantial-improvement rules, the building milestone inspection and structural integrity reserve study, and the master windstorm insurance, alongside the view and the floor. These are what separate two units with similar layouts.
The pitch is a high-amenity, gated, Gulf-front address with resort-style facilities and beach access. The work is reading the association current financials, milestone report, reserve study, and insurance posture honestly, and pricing the carrying cost, not just the view.
