Hi, Shari-
Yes, I do know of several places, but that $155 rate really can't be beat. I thought that you'd be paying more than that. Any of the luxury places that I would recommend would be more expensive than that. Can your Loew's First card be applied to the Beach House also?
One of our favorite places is on the north end of Clearwater Beach -- the residential end -- and would not be considered "luxury", but I'll tell you about it anyway! It's very kitschy and Old Florida, but is located directly on the beach, with the pool separated from the beach by only a gazebo-pavilion. We've stayed at the Haddon House Inn several times. As a former Floridian, I recommend it highly. Perfect for children (each condo-like unit has a kitchen, also). The Haddon House Inn does have a website:
www.haddonhouseinn.com. My children could spend (and have spent) every day doing nothing but going from the pool at the Haddon House to the beach to the pool to the beach. We've stayed at the former Doubletree, the Radisson and the Sheraton, but it's the Haddon House that we keep returning to. It's just very comfortable for our family and in a quieter area. I hate having to vie for beach space with other beach-goers. They do not have children's programs, though, so that might be a big minus for you.
It's much quieter and allows you to experience a more authentic Floridian vacation. Less neon-touristy. Frenchy's (grilled grouper to die for & our very favorite), Berns (pricey, but wonderful for a very special occasion), and Crabby Bills (casual, fun) are wonderful places to eat, regardless of where you stay -- since they're close to both areas.
One thing is for sure: The beaches on the West Coast, particularly in the Clearwater/St. Pete area are absolutely gorgeous white sugar sand beaches. The East Coast beaches, such as Vero Beach, tend to be hard-packed tan sand with many crushed shells - which can be really hard on little feet. So you're absolutely right about the beach being nicer...
We often stay in Loew's Hotels and I would be very surprised if you had a bad experience there. On the plus side, Pasegrille Beach is just a hop, skip and jump from the Don and is an absolutely gorgeous beach.