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400 ISLAND WAY UNIT 509

Condo/Co-op For Sale
$459,900

BTC: 5.84742530

ETH: 181.74273859

1 days
2 bds
2 ba
1,300 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1978
Lot:
2.93 Acres
Heating:
Central
Price/sqft:
$354
Cooling:
Central Air
HOA:
$1,118

Valuation

Our model vs. what's actually selling nearby.
Estimate
$449,450
$359K – $648K
Confidence Low
List vs. estimate
$10K above estimate
List $459,900 · +2.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$353
+64.9% vs. city median $214
Based on
42 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,020
2025
HOA
$1,118/mo
Cable TV, Community Pool, Escrow Reserves Fund
View
City, Water
Furnished
Turnkey
Pets
Not allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Water Heater

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Balcony / Sidewalk / Sliding Doors

    Lot

    • Lot: 2.93 Acres

    Other Property Information

    • Parcel Number: 082915851590000509

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $1,118

    • HOA Frequency: Monthly

    • Annual tax amount: $8,020

  • Source details

    • MLS ID: TB8547102

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Block

    • Laundry Features: Inside

    • Direction Faces: East

    • Living Area: 1300

    • Water Source: Public

    • Subdivision Name: STARBOARD TOWER

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS ST PETE REALTY