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400 ISLAND WAY UNIT 509, Clearwater, 33767

$459,900

2

Beds

2

Baths

1,300 ft2

Property Size

1978

Year Built

About The Property

UNMATCHED LUXURY INCOME PRODUCER ONLY 1 MILE TO CLEARWATER BEACH AND ALL THE ENTERTAINMENT ON ISLAND ESTATES WITH SELLER FINANCING AVAILABLE! Welcome to 400 Island Way #509—an extraordinary, turn-key luxury sanctuary nestled in the prestigious Island Estates enclave of Clearwater Beach. Operating as a proven 365-day-a-year high-yield revenue generator, this opulent 1,300-square-foot residence leveraging peak seasonal rates to deliver maximum financial returns. Designed as the ultimate turnkey investment property or sophisticated coastal pied-à-terre, a seamless, hands-free management system allows you to effortlessly harvest premium rental income while reserving exclusive weeks for your own personal coastal escapes. Adding incredible value to this rare offering, flexible Seller Financing is available, providing a seamless, VIP path to ownership for discerning investors and high-net-worth buyers alike. Exquisitely reimagined with modern coastal elegance, the sprawling, light-filled open concept is framed by brand-new, hurricane-impact doors and windows that flood the home with natural light. The epicurean chef’s kitchen serves as a breathtaking centerpiece, showcase-fitted with custom warm-wood cabinetry rising to the ceiling, crown molding, a new refrigerator, and rich, polished cream-and-taupe natural granite countertops extending into an expansive breakfast bar. The opulent living and dining quarters effortlessly transition out to a private balcony, offering elevated panoramas across Island Estates with serene, shimmering glimpses of the Intracoastal Waterway. Both full bath sanctuaries have been lavishly modernized with custom-tiled walk-in showers, complemented by spacious mirrored designer closets and a private in-unit washer/dryer. No expense has been spared—from three new smart TVs and designer lighting to ultra-plush linens, cookware, and complimentary high-speed internet. Situated a single mile from the famous powder-white sands of Clearwater Beach, this prime address places world-class waterfront dining, luxury boutiques, and vibrant coastal nightlife just a leisurely walk or trolley ride away. Island Estates provides a premier resort experience, granting residents and guests access to an oversized heated swimming pool, a relaxing Jacuzzi, charming tiki huts with BBQ grill stations, a grand clubhouse with a billiards lounge, a state-of-the-art fitness center with dry saunas, and private storage. Whether you seek an elite, high-yield revenue asset, an opulent fully furnished retreat, or a hybrid of both, this turnkey luxury masterpiece delivers an unmatched fusion of prestige, location, and cash flow. Schedule your private viewing today to claim this seller-financed luxury opportunity.

Property Details

Property Id: 2324677
Price: $459,900
Property Size: 1,300 ft2
Property Lot Size: 3 ft2
Rooms: 8
Bedrooms: 2
Bathrooms: 2
AssociationAmenities: Elevator(s), Fitness Center, Laundry, Pool, Sauna, Spa/Hot Tub
AssociationFee: 1118
AssociationFeeFrequency: Monthly
AssociationFeeIncludes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
BathroomsFull: 2
BuildingAreaTotal: 1300
CommunityFeatures: Community Mailbox, Sidewalks
ConstructionMaterials: Concrete
Cooling: Central Air
CumulativeDaysOnMarket: 18
DaysOnMarket: 1
DirectionFaces: East
Directions: Head North on 19 to 60 W - turn right on island estates - Building will be 1/2 mile on your Left
ElementarySchool: Sandy Lane Elementary-PN
Flooring: Tile
Furnished: Turnkey
Heating: Central
HighSchool: Clearwater High-PN
InternetAddressDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
LaundryFeatures: Inside
Levels: One
ListAOR: Suncoast Tampa
ListAgentFullName: David Shabliy
ListOfficeName: KELLER WILLIAMS ST PETE REALTY
ListingContractDate: 2026-09-10
ListingId: TB8547102
ListingTerms: Cash, Conventional, Owner May Carry
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotSizeArea: 2.9285
LotSizeSquareFeet: 127564
LotSizeUnits: Acres
MLSAreaMajor: 33767 - Clearwater/Clearwater Beach
MiddleOrJuniorSchool: Dunedin Highland Middle-PN
MlsStatus: Active
ModificationTimestamp: 2026-09-12T17:50:45.540Z
OnMarketDate: 2026-09-11
OriginalListPrice: 459900
OriginatingSystemName: Stellar MLS
Ownership: Condominium
PetsAllowed: No
PhotosChangeTimestamp: 2026-09-11T14:00:16.148Z
PhotosCount: 72
PropertyCondition: Completed
Roof: Concrete
Sewer: Public Sewer
SpecialListingConditions: None
StateOrProvince: FL
StoriesTotal: 16
StreetName: ISLAND
StreetNumber: 400
StreetSuffix: WAY
UnitNumber: 509
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
View: City, Water
WaterSource: Public
YearBuilt: 1978

Amenities and Features

Other Features
1
Balcony
Ceiling Fan(s)
Dishwasher
Electric Water Heater
Has a View
Has Cooling System
Has Heating System
Home Owners Association
Range
Refrigerator
Sidewalk
Sliding Doors

Map Location

Property Map

Mortgage Calculator

Payment Calculator

$2,358.00
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,783.12

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Disclaimer

Property ID - | 2324677

All listings featuring the Stellar MLS logo are provided by My Florida Regional MLS DBA Stellar MLS. This information is not verified for authenticity or accuracy and is not guaranteed. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved.

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Selinda Moore