415 ISLAND WAY UNIT 205

$909,000

$530/sq ft

$16,000
Price Decreased

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Overview

Bedroom

3

Bath

2

Year Built

2023

Sqft

1715

Property Type

Condominium

Property Description

New Price • 2023 build + option to additionally purchase 50’ Boat Slip • $4,000–$4,500/mo rental Income. Experience modern coastal living in this 2023-built luxury condo located in one of Clearwater’s most desirable waterfront communities, Island Estates. Designed for comfort, convenience, and long-term value, this residence provides an extremely rare opportunity: an optional 50' boat slip available for purchase—perfect for large vessels. This spacious 3BR layout offers an open-concept design with tall ceilings, impact windows, and a beautifully finished kitchen featuring premium cabinetry, quartz countertops, and a large space ideal for entertaining. The primary suite includes a spa-style bathroom and generous closet space, while the two guest rooms offer flexibility for visitors or remote work. Investor-friendly: The unit is currently leased at $4,000/month, with automatic step-up to $4,500/month after month 12, giving the next owner a strong and predictable income stream from day one. Rare for Clearwater, this unit is both newer construction AND income-producing, making it an exceptional turnkey investment. Relax on your private balcony, enjoy resort-style amenities, or take advantage of the boating lifestyle with the optional deeded 50’ slip. Along with a secure building entry system, this home offers TWO ASSIGNED, COVERED PARKING SPOTS with keypad access to the lobby. In addition to all the luxurious comforts, the surrounding community of Island Estates is sought-after and exclusive. From retail and restaurants, you’re minutes from the world-famous Clearwater Beach and PIER 60, walking distance to Clearwater Marine Aquarium, close to the Clearwater Sound, and less than an hour to Tampa International Airport.

Property Details

MLS#

TB8369483

Total Floor in Bldg

5

Address

415 ISLAND

City

CLEARWATER BEACH

State/county

FL

Zip/Postal Code

33767

Area

Azure Condo

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$13,789

Maint Fee

$--

Tax Year

2024

Dishwasher

Disposal

Dryer

Electric Water Heater

Microwave

Refrigerator

Washer

Water

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Boris Gelfand