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$459,900

400 ISLAND WAY UNIT 509, CLEARWATER, FL 33767

3D Tour
Active25 days on market

Beds

2

Baths

2

Sq Ft

1,300 sq ft

Year Built

1978

Lot Size

2.93 acres

Garage

—

About This 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, FLEXIBLE Seller Financing is available, 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 Overview

Property TypeResidential
Sub TypeCondominium
MLS #TB8547102
StatusActive
Year Built1978
Stories16
Total Rooms8
ConstructionConcrete
RoofConcrete
FoundationBlock
FacesEast
SubdivisionSTARBOARD TOWER
CountyPinellas
OwnershipCondominium
FurnishedTurnkey

Interior Features

InteriorCeiling Fan(s)
FlooringTile
AppliancesDishwasher, Electric Water Heater, Range, Refrigerator
LaundryInside
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorBalcony, Sidewalk, Sliding Doors
Lot Size2.93 acres (127,564 sq ft)
Road SurfacePaved
ViewCity, Water
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected

Parking

GarageNo

HOA & Community

HOAYes
HOA Fee$1,118 / Monthly
Senior CommunityNo

Financial Details

List Price$459,900
Annual Taxes$8,020 (2025)
FinancingCash, Conventional, Owner May Carry
Parcel #082915851590000509

Schools

ElementarySandy Lane Elementary-PN
MiddleDunedin Highland Middle-PN
HighClearwater High-PN

Directions

Head North on 19 to 60 W - turn right on island estates - Building will be 1/2 mile on your Left

Location

400 ISLAND WAY UNIT 509, CLEARWATER, FL 33767

Listing Information

OfficeKELLER WILLIAMS ST PETE REALTY
ListedSeptember 11, 2026

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Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$459,900

20% ($91,980)
6.75%

Loan Term

Principal & Interest$2,386
Property Tax (est.)$422
Insurance (est.)$150
Total Monthly$2,958
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $459,900 home in CLEARWATER.

🏦

Conventional

$22,995 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Pinellas County SHIP

Varies

Income-qualifying Pinellas residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information 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. Data last updated: October 4, 2026.

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