This is the perfect family vacation retreat or Investors' rental dream! Short Term Rentals are allowed. This coastal contemporary Penthouse with 4 bedrooms, 4 1/2 baths and 3,623 sq ft spans the entire top level of a small 7-story, recently renovated condo building and features a wraparound balcony with unmatched panoramic water views throughout of the Gulf, Lake Carillon and Lake Powell. It's located in the charming, vibrant, gated, community of Carillon Beach which is about 2 miles East of Rosemary Beach. You can stroll to the private, pristine one mile beach in just 4 minutes or relax in the nearby pool with spa. It was completely redone in 2024 with a renovated in 2004 with a stunning high-end remodel including new windows, appliances and furnishings. There's an elevator entry into a private foyer to Unit 701. The open concept living area with high beamed cailing, large great room with gas fireplace, wall of glass doors and windows, and a spacious dining room combines the upscale chef's kitchen with island, long breakfast bar and top-of-the-line appliances. The two Master suites also access the balcony with expansive water views, luxurious baths with soaking tub and walkin showers and large walk-in closets. There is a guest room with four, full size bunk beds and private bathroom with tub. It opens onto the wide balcony offering views of Lake Powell. The second guest room with balcony access features a large closet and luxurious bath with a walk-in shower. There is also a powder room and spaciious laundry room with plenty of cabinets. This Penthouse is ''one of a kind'! It is the perfect family or corporate retreat or rental investment!