320 ISLAND WAY, #606, Clearwater Beach, FL, 33767 | $539,000

CALLING ALL INVESTORS, RENTAL INCOME POTENTIAL OPPORTUNITY!!!!!! Enjoy Island living at its best with this renovated 1700 square foot 3-bedroom, 3-full bath, huge loft space and 2 car garage. Located in the exclusive Cutter Cove Community on Island Estates. This complex offers resort style amenities including heated pool and spa, Tiki huts, Barbecue area, cabanas and a community waterfront clubhouse. The owners spared no expense with their updates to this home. The chefs kitchen has custom cabinets, granite counters and stainless appliances. The kitchen opens to the great room with high ceilings and sliders leading to a private patio for dining. The first bedroom and full bath is located on this level. Going upstairs you will find the Primary bedroom and en-suite. This retreat has 2 walkin closets along with gorgeous updates to bath including new cabinetry and granite. A spiral stair case leads to the huge loft area attached to the primary retreat, and can be used as a home office. Down the hall is the 3rd bedroom with lovely updated bath. There is stylish laminate flooring throughout the home, adding warmth to the custom finishes. This townhome features 2 car tandem garage with ample storage space for all your beach toys, bikes, paddle boards and golf cart. This is a pet friendly complex so bring your dogs. The exceptional amenities also include minimum lease with approval, making it an ideal investment opportunity, seasonal rentals for extra income. No Storm damage was incurred in this unit. The roof is 1 yr new. Located on Island Estates there is a Publix grocery store, bank, post office, fine dining and all less than a mile to our Famous Clearwater Beach. This home offers unmatched coastal convenience and access. Enjoy all the benefits of Gulf Coast Luxury living with proximity to Tampa's cultural attractions, theme parks, 2 International airports, Championship golf courses, Yacht clubs and the turquoise waters of the Gulf of America. You owe it to yourself to come live what we locals call "The Salt Life".

Features

  • Amenities: Pool, Spa/Hot Tub
  • Rooms: 3
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Laundry Room
  • Year Built: 1994
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,700
  • Acreage: 1.26
  • Est. Taxes: $7,323
  • Condo Fee: $946 Monthly
  • Lot Desc: Cul-De-Sac, Flood Insurance Required, City Lot, Near Marina, Sidewalk
  • View: Trees/Woods
  • Appliances: Built-In Oven, Dishwasher, Refrigerator, Washer
  • MLS#: TB8374771
  • Days on Market: 10 days
  • Website: https://www.raveis.com
    /prop/TB8374771/320islandway_clearwaterbeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/9/2025 7:32:11 PM)
Listing courtesy of CHARLES RUTENBERG REALTY INC   Phone: 727-538-9200

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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320 ISLAND WAY, #606, Clearwater Beach, FL, 33767

$539,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $431,200 $431,200 $431,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.063% 6.132%
Monthly Tax Payment $610 $610 $610
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,725 $2,833 $3,610
Total Monthly Payment $3,427 $3,535 $4,312

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.