Start living the waterfront lifestyle you've been dreaming of in this beautifully updated townhouse-style residence in the elegant Grand Bellagio at Baywatch, now offered as the lowest-priced 2-bedroom townhouse in the community. Nestled within a 24-hour guard-gated enclave along Old Tampa Bay, this exceptional home combines refined coastal luxury with the ease of resort-style living. From the moment you enter, tranquil water views create a stunning backdrop throughout both levels of the residence. The open-concept floor plan is designed for both comfortable everyday living and effortless entertaining, while the spacious upstairs loft or family room with a gas fireplace offers an inviting retreat overlooking the water. Step outside to your private waterfront patio and enjoy peaceful mornings or sunset evenings watching dolphins and manatees glide by. The flexible layout offers the option of a primary suite on either the first or second floor. Both bedrooms feature oversized windows with exceptional water views and spacious walk-in closets. The spa-inspired bathrooms are beautifully appointed with granite countertops, dual vanities, and upgraded designer showers that create a luxurious, resort-like feel. Recent updates provide both style and peace of mind, including a new roof (2023), hurricane impact windows (2023), and sliding glass doors (2023). The residence also includes a private two-car garage along with two additional assigned parking spaces, a rare and valuable feature for waterfront living. Residents enjoy an exceptional collection of amenities, including a waterfront clubhouse with a state-of-the-art fitness center, conference room, and billiards lounge, a heated pool with spa and private cabanas, tennis courts, playground, kayak access, and a scenic 1.2-mile lighted waterfront walking trail. The condominium fee covers 24/7 manned security, flood insurance, exterior maintenance, grounds care, pest control, valet trash service, and full access to all community amenities. Community docks are currently under renovation and are expected to be completed in late 2026. Ideally located just 20 minutes from Tampa International Airport, this residence offers an exceptional opportunity to enjoy luxury waterfront living with convenience, privacy, and resort-style amenities. Room sizes are approximate and should be verified by buyer or buyer's agent.