- 5 beds
- 4 baths
- 4,138 sqft
- 9,727 sqft lot
- $507 per sqft
- 1958 build
- – on site
Exceptional Waterfront Opportunity on Island Estates – Renovate or Rebuild with Stunning & Rare Open Water Views! Welcome to one of the most desirable waterfront locations in Clearwater Beach – Island Estates. This 5-bedroom, 4-bathroom home offers over 4,100 square feet of living space and sits on an expansive open-water lot just steps from the cul-de-sac, offering both breathtaking views and enhanced privacy. This is a rare chance to either renovate a custom-built Mediterranean-style residence or build your dream home from the ground up on this prime piece of waterfront real estate. The property did experience flooding during the last major storm and is being sold as an opportunity for a full renovation or new construction. Inside, enjoy water views from nearly every major room, including the spacious second-floor primary suite featuring a wood-burning fireplace and private balcony. The home’s layout includes a grand great room, and an open-concept family room that create a warm and inviting living space ideal for entertaining or everyday life. Step outside to a large, tropical pool area and a lanai perfect for relaxing or hosting guests while taking in the sweeping views of the open Intracoastal waters. Boaters will appreciate the easy access to the Gulf of Mexico, just around the corner from your backyard. Island Estates is a golf cart-friendly community and just minutes from Clearwater Beach, shops, restaurants, and the marina. Located approximately 15 miles from both Clearwater/St. Petersburg and Tampa International Airports, this property offers the best of waterfront living in a vibrant coastal setting. Whether you’re dreaming of a luxury renovation or designing a brand-new waterfront estate, this Island Estates property presents a rare and exciting opportunity.
Last checked:
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Last updated Jul 4, 2025
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MLS# TB8396349 —
The Building
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Year Built:1958
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New Construction:false
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Construction Materials:Block
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Building Elevator:false
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Levels:Multi/Split
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Stories Total:2
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Roof:Shingle
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Foundation Details:Slab
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Patio And Porch Features:Patio
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Floor Number:2
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Building Area Total:9727
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:PrimaryBedroom Upstairs
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Flooring:Carpet
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Additional Rooms:Family Room
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Fireplace:true
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Fireplace Features:Master Bedroom
Room Dimensions
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Living Area:4138
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:From Tampa take Hwy 60 / Gulf to Bay / Memorial Causeway West to North on Island Way to light. Go East on Windward Passage at the light to South on Midway Island to the address right before the cul-de-sac on the East side.
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Latitude:27.982246
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Longitude:-82.812903
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Coordinates:-82.812903, 27.982246
The Property
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Parcel Number:082915433440000540
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Fixer
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Lot Features:Flood Insurance Required
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Lot Size Acres:0.22
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Lot Size Area:9727
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Lot Size SqFt:9727
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Lot Size Dimensions:81 x 120
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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Zoning:RES
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Direction Faces:West
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View:Pool
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View:true
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Exterior Features:Balcony
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Water Source:Public
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Road Surface Type:Paved
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Road Frontage Type:Street Paved
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Flood Zone Code:AE
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Flood Zone Panel:12103C0102H
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Additional Parcels:false
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Homestead:false
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Lease Restrictions:true
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (727) 417-6620
- Office phone:
- (727) 493-1555
Taxes
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Tax Year:2024
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Tax Lot:54
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Tax Legal Description:ISLAND ESTATES OF CLEARWATER UNIT 3 LOT 54
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Tax Book Number:47-62
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Tax Annual Amount:$29,691.12
Beds
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Bedrooms Total:5
Baths
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Total Baths:4
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Total Baths:4
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Full Baths:4
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/TB8396349
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Public
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Sewer:Public Sewer
Appliances
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Appliances:None
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Laundry Features:None
Schools
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Elementary School:Sandy Lane Elementary-PN
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Middle Or Junior School:Dunedin Highland Middle-PN
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High School:Clearwater High-PN
The Community
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Subdivision Name:ISLAND ESTATES OF CLEARWATER
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Senior Community:false
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Waterview:Bay/Harbor - Full
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Waterview:true
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Water Access:Bay/Harbor
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Water Access:true
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Water Extras:Seawall - Concrete
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Waterfront:true
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Waterfront Features:Bay/Harbor
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Pool Private:true
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Pool Features:Gunite
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Pets Allowed:Yes
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Association:false
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Association Fee Includes:None
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Ownership:Fee Simple
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Association Approval Required:false
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Waterfront Feet Total:162
Parking
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Garage:true
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Attached Garage:true
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Garage Spaces:2
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Carport:false
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Covered Spaces:2
Monthly cost estimate

Asking price
$2,100,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$11,244
|
Taxes | $2,474 |
Insurance | $577 |
Utilities | $284 See report |
Total | $14,579/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/21/25
Jun 21, 2025
|
Listed / Active | STELLAR_MLS | $2,100,000 |