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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

Experience the absolute pinnacle of COASTAL LUXURY and HIGH-YIELD investment just one MAGNIFICENT mile from the WORLD-FAMOUS, SUGAR-WHITE sands of Clearwater Beach. Nestled within the HIGHLY SOUGHT-AFTER and PRESTIGIOUS Island Estates enclave, 400 Island Way #509 is an EXTRAORDINARY, 1,300-square-foot sanctuary that operates as a PROVEN, YEAR-ROUND revenue generator while offering an OPULENT personal retreat whenever the coast calls you home. Designed as the ULTIMATE, SOPHISTICATED pied-à-terre, a SEAMLESS, HANDS-FREE management system allows you to effortlessly harvest PREMIUM rental income during peak seasons while reserving EXCLUSIVE weeks for your own SUN-DRENCHED escapes. Adding INCREDIBLE value to this RARE offering, Seller is offering Special Financing, providing a SEAMLESS, VIP path to ownership for DISCERNING investors and HIGH-NET-WORTH buyers alike who want to immediately capitalize on this 365-DAY-A-YEAR income producer.
EXQUISITELY reimagined with MODERN COASTAL elegance, the SPRAWLING, LIGHT-FILLED OPEN-CONCEPT living space is framed by BRAND-NEW, HURRICANE-IMPACT doors and windows that flood the home with NATURAL Florida sunshine. The EPICUREAN CHEF’S kitchen serves as a BREATHTAKING centerpiece for entertaining, showcase-fitted with CUSTOM WARM-WOOD cabinetry rising gracefully to the ceiling, BEAUTIFUL crown molding, a new refrigerator, and RICH, POLISHED cream-and-taupe NATURAL granite countertops that extend into an EXPANSIVE breakfast bar. From there, the OPULENT living and dining quarters effortlessly transition out to a PRIVATE, ELEVATED balcony, offering TRANQUIL panoramas across Island Estates with SERENE, SHIMMERING glimpses of the Intracoastal Waterway. The LUXURIOUS attention to detail continues into both full bath sanctuaries, which have been LAVISHLY modernized with CUSTOM-TILED walk-in showers, complemented by SPACIOUS mirrored DESIGNER closets and the ULTIMATE convenience of a PRIVATE IN-UNIT washer and dryer.
No expense has been spared in this FULLY FURNISHED masterpiece—from three new smart TVs and DESIGNER lighting to ULTRA-PLUSH linens, HIGH-END cookware, and HIGH-SPEED internet, ensuring a TRULY TURN-KEY experience from day one. When you are ready to explore, this PRIME address places WORLD-CLASS waterfront dining, LUXURY boutiques, and VIBRANT COASTAL nightlife just a LEISURELY walk or SCENIC Jolley Trolley ride away. Returning home, Island Estates provides a PREMIER, RESORT-CALIBER lifestyle, granting residents and guests EXCLUSIVE access to an OVERSIZED HEATED swimming pool, a RELAXING Jacuzzi, CHARMING tiki huts equipped with BBQ grill stations, a GRAND clubhouse featuring a billiards lounge, and a STATE-OF-THE-ART fitness center complete with DRY saunas and PRIVATE storage. Whether you seek an ELITE, HIGH-YIELD revenue asset, an OPULENT FULLY FURNISHED waterfront retreat, or a MASTERFUL hybrid of both, this property delivers an UNMATCHED fusion of prestige, location, and cash flow. Schedule your PRIVATE viewing today and claim your piece of the Clearwater Beach lifestyle.

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: 71
DaysOnMarket: 54
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: 2026-11-04T16:08:17.547Z
OnMarketDate: 2026-09-11
OriginalListPrice: 459900
OriginatingSystemName: Stellar MLS
Ownership: Condominium
PetsAllowed: No
PhotosChangeTimestamp: 2026-09-16T15:16:10.989Z
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

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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