A magnificent Mediterranean estate in the exclusive Island Estates community that is within walking distance to the world-famous, sugary sands of Clearwater Beach.  The oversized lot with 124 feet of wide-open panoramic views reveals a perfect waterfront location that has been the most highly sought-after property location for the most discerning of residents worldwide.  Here is your chance!  Presenting over 5,000 square feet of open space living and nearly 9,000 square feet under roof, welcome to an entertainer's delight with an exciting backyard paradise that is sure to delight. Complete with a 6-car garage, this home was meticulously constructed in 1992 with a concrete block, continuous footing foundation, and wood frame exterior. Recent updates include a new roof (2015), Seawall updates (2019), 4 new zoned Trane AC units (2018), and an expanded first-floor game /music room leading out to a relaxing waterfront pool.   Cosmetic updates to round out this Waterfront Masterpiece might include a boat lift and dock, updating the kitchen, updating bathrooms, ceilings, wallpaper removal, paint, and landscaping.  The newly constructed homes sitting adjacent, reveal how palatial and beautiful this home has the full potential to become. This property has so many wonderful bells and whistles throughout that it will captivate your heart and bring you so much joy for many years to come. This is your chance to stay in the resort community in the privacy of your own beautiful home! Great value for money on exclusive Clearwater Beach! Go to beaches, parks, playgrounds and enjoy shopping, meals, and fun community events! Visit the Clearwater Beach Community Recreation Center and enjoy a variety of swimming, tennis, basketball, and city-sponsored activities!