Tour
$5,926 Closing Credit¹
#TB8381036, Sophia Vasilaros, Listing office: SMITH & ASSOCIATES REAL ESTATE
$499,000 List price
650 Island Way Unit 408 Clearwater Beach, FL 33767
$5,926
Closing credit¹
2 beds
2 full
1,355 sqft
$368 / sqft
Condo
Property details
About 650 Island Way Unit 408
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.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,355 sqft
Year built1988
MLS #TB8394251
WaterfrontIntracoastal Waterway
ViewWater
Private poolYes
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Range, Refrigerator
- Flooring Type: Carpet, Tile
- Interior: Living Room/Dining Room Combo
- Total Bedroom Count: 2
- Private Pool: Yes
- Waterfront: Intracoastal Waterway
- View: Water
- Exterior: Balcony, Sliding Doors
- Heating: Central
- Cooling: Central Air
- List Price: $499,000
- Price/SqFt: $368
- HOA Amount: $658 Monthly
- Lot: Flood Zone, City Lot, Near Public Transit, Sidewalk, Paved
- Directions: Memorial causeway to island way to address
- Year Built: 1988
- Stories: 8
- Living Area: 1,355 SqFt
- MLS Number: TB8394251
- MLS Name: MFRMLS
- Office Name: COLDWELL BANKER REALTY
- Office Phone: (727) 581-9411
- Listing Agent: Michelle Chenault
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Last updated on: 6/12/2025, 11:49:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$499,000
650 Island Way Unit 408
$5,926
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Sandy Lane Elementary
Public District PK-5
2.4 mi
•1360 Sandy Ln
10
Curtis Fundamental Elementary School
Public Magnet KG-5
2.5 mi
•531 Beltrees St
8
Kings Highway Elementary Magnet School
Public Magnet PK-5
2.6 mi
•1715 Kings Hwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $56,692. Typical income of Clearwater Beach, FL residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
33%
<35k
40%
35k-100k
23%
100k-200k
4%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
48%
Single, No Kids
1%
Single, with Kids
45%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
3%
12-17 yrs old
6%
18-34 yrs old
43%
35-64 yrs old
44%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Hiking/backpacking
Symphony or Opera
Where do the neighbors shop?
Stein Mart
Nordstrom Rack
Chico's
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
Boston Market
What do the neighbors drive?
Lincoln
Mazda
Cadillac
What do the neighbors listen to?
Classical
Rock
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 650 Island Way Unit 408
The listing price of 650 Island Way Unit 408 property is $499,000.
The property 650 Island Way Unit 408 is a condo located in Clearwater Beach, Florida, 33767.
Active Listing: 650 Island Way Unit 408 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 650 Island Way Unit 408 are: Sandy Lane Elementary (GreatSchools Rating 5/10), Curtis Fundamental Elementary School (GreatSchools Rating 10/10), Kings Highway Elementary Magnet School (GreatSchools Rating 8/10), Clearwater Intermediate School (GreatSchools Rating 1/10), Dunedin Highland Middle School (GreatSchools Rating 7/10), Clearwater Fundamental Middle School (GreatSchools Rating 10/10), Dunedin High School (GreatSchools Rating 6/10), Clearwater High School (GreatSchools Rating 5/10), Pinellas Teleschool (GreatSchools Rating 2/10).
The property at 650 Island Way Unit 408 has 2 bedrooms and 2 bathrooms.
The property 650 Island Way Unit 408 is 1,355 SqFt (source: MLS/tax record).
The year of construction for 650 Island Way Unit 408 is 1988.
This home is located at 650 Island Way Unit 408 in Clearwater Beach, FL and zip code 33767. This 1,355 square foot home was built in 1988. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $499,000.
Clearwater Beach, FL housing market in May 2025 saw over 1 listings sold above listed price, more than 3 sold at listed price and over 32 sold below. In May 2025 in Clearwater Beach, FL there were 9.8% more homes for sale than in April. While the average time on the market in May 2025 was 53 days, the median list price was $790,000.
From Rocket Homes Real Estate and based on county public records data.