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650 Island Way Unit 408

CLEARWATER BEACH, FL 33767

2 beds
2 baths
1,355 sqft
$368 per sqft
1988 build
– on site

Welcome to Island Estates—Beautiful Community with Amazing Upgrades Underway! This spacious 2-bedroom, 2-bath end-unit condo offers an impressive 1,355 square feet of privacy and potential, just a short walk to world-renowned Clearwater Beach, restaurants, shopping, and the marina. Currently undergoing a comprehensive building renovation, this property offers unparalleled value and upside. The HOA, in partnership with Velocity Construction Services Group and a dedicated owner Task Force, is managing extensive upgrades to both the building exterior and select interior systems—ensuring peace of mind for years to come. Improvements Include: New Roof, Hardie Board Siding, Exterior Enhancements, Interior Drywall & Insulation Replacement, Electrical & Plumbing Repairs, plus much more. The kitchen has been temporarily removed by the HOA to allow for interior wall repairs—giving buyers the rare opportunity to design a dream kitchen or replace the existing one (currently stored and protected in the unit). Your vision, your choice. Seller will pay the $9, 461 due at closing. Also, the seller will pay to replace all windows and sliders to hurricane rated totaling $18,922! WOW! Amazing deal! That’s over $28,000 in value for the new buyer, making this a phenomenal opportunity for savvy buyers and investors alike. Further, the seller is pricing the unit over $100,000 BELOW market value to allow for upgrades. Don’t miss out on this rare blend of size, location, and potential.

Listing courtesy of STELLAR_MLS / COLDWELL BANKER REALTY

Last checked: Checking… • Last updated Jun 12, 2025 •

MLS# TB8394251 —

The Building

Year Built:

1988
New Construction:

false
Construction Materials:

Vinyl Siding
Building Elevator:

true
Levels:

One
Stories Total:

8
Roof:

Built-Up
Foundation Details:

Slab
Security Features:

Smoke Detector(s)
Floor Number:

4
Unit Number:

408
Building Area Total:

1355
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Living Room/Dining Room Combo
Furnished:

Unfurnished
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

1355
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Memorial causeway to island way to address
Latitude:

27.987361
Longitude:

-82.820252
Coordinates:

-82.820252, 27.987361

The Property

Parcel Number:

052915822550004080
Property Type:

Residential
Property Subtype:

Condominium
Lot Features:

Flood Insurance Required
Direction Faces:

North
View:

Water
View:

true
Exterior Features:

Balcony
Vegetation:

Mature Landscaping
Water Source:

Public
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

X500
Flood Zone Panel:

12103C0102H
Additional Parcels:

false
Homestead:

true
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

4080
Tax Legal Description:

650 ISLAND WAY CONDO UNIT 408
Tax Book Number:

101-79
Tax Annual Amount:

$2,921

Beds

Bedrooms Total:

2

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8394251
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Range
Laundry Features:

Electric Dryer Hookup

Schools

Elementary School:

Plumb Elementary-PN
Middle Or Junior School:

Dunedin Highland Middle-PN
High School:

Clearwater High-PN

The Community

Subdivision Name:

650 ISLAND WAY CONDO
Senior Community:

false
Community Features:

Dock
Waterview:

Intracoastal Waterway
Waterview:

true
Water Access:

Intracoastal Waterway
Water Access:

true
Water Extras:

Sailboat Water
Water Body Name:

MANDALAY CHANNEL
Waterfront:

true
Waterfront Features:

Waterfront
Pool Private:

true
Pool Features:

Gunite
Pets Allowed:

Cats OK
Pet Restrictions:

verify with association
# of Pets:

2
Max Pet Weight:

25
Association Amenities:

Cable TV
Association:

false
Association Fee Frequency:

Monthly
Association Fee Includes:

Cable TV
Association Fee Requirement:

None
Condo Fees:

658
Condo Fees Term:

Monthly
Monthly Condo Fee Amount:

658
Ownership:

Fee Simple
Association Approval Required:

true

Parking

Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$499,000

Expense	Monthly cost
Mortgage	$2,671
Taxes	$243
Insurance	$137
Utilities	$158 See report
Total	$3,209/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
6/11/25 Jun 11, 2025	Listed / Active	STELLAR_MLS	$499,000

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This condo located in Island Estate, Clearwater, FL 33767 is currently for sale for $499,000. 650 Island Way Unit 408 is a 1,355 square foot condo with 2 beds and 2 baths that has been on Estately for 6 days. 650 Island Way Unit 408 is in the Island Estate neighborhood of Clearwater and has a WalkScore® of 17, making it car-dependent. This condo is in the attendance area of Sandy Lane Elementary School and Clearwater High School.

Listing Courtesy of: STELLAR_MLS and COLDWELL BANKER REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.