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31 ISLAND WAY UNIT 508

Condo/Co-op For Sale
$369,000

BTC: 5.66733221

ETH: 193.94105033

13 days
Waterfront
2 bds
2 ba
1,295 sqft

Overview

Welcome to this beautifully updated 5th-floor, 2-bedroom, 2-bath residence at the highly sought-after 31 Island Way Co-op, where spectacular water views, spacious interiors, and resort-style amenities create the ultimate Florida waterfront lifestyle. The elevated 5th-floor location offers breathtaking vistas and an abundance of natural light throughout. Enjoy truly maintenance-free living with an extensive monthly fee that includes **electricity, water, sewer, cable television, basic Wi-Fi, building insurance, professional property management, and lobby attendants.** This well-managed community allows you to focus on enjoying your surroundings rather than worrying about everyday expenses and upkeep. Residents have access to an impressive array of amenities designed to enhance every aspect of daily living. Relax beside the geothermal-heated waterfront pool, stay active in the **fully renovated fitness center, gather with friends in the stylish lobby seating areas, or host special events in the spacious clubhouse and social rooms. Additional conveniences include Free laundry facilities, private storage closets on each floor, indoor bicycle storage, a library, billiards, ping pong, and numerous recreational gathering spaces. The building has undergone significant updates, including a state-of-the-art secured entry system, modernized elevators, upgraded HVAC systems, renovated common areas, updated lobby flooring, and an enhanced fitness facility, providing comfort, security, and long-term value. Outdoor enthusiasts will appreciate the fishing pier, boat dock, outdoor grilling areas, and boat slips available on a first-come, first-served basis for a nominal monthly fee. The association maintains full reserves and handles exterior maintenance and common areas, offering exceptional peace of mind. Ideally located on Island Way, you'll be just minutes from everything Clearwater has to offer. Take a short walk, bike ride, or trolley trip to local shops, restaurants, grocery stores, the Clearwater Marine Aquarium, and the sugar-sand beaches of world-famous Clearwater Beach. The convenient Jolly Trolley stop directly across the street makes exploring the area effortless. Don't miss this opportunity to own a stunning 5th-floor waterfront residence in one of Clearwater's most desirable communities where every day feels like a vacation. This Property does not allow pets or rentals.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1962
Lot:
2.81 Acres
Heating:
Central / Electric
Price/sqft:
$285
Cooling:
Central Air
HOA:
$1,500

Valuation

Our model vs. what's actually selling nearby.
Estimate
$365,000
$248K – $420K
Confidence Low
List vs. estimate
At estimate
List $369,000 · +1.1%
List is in line with recent comparable activity.
Price per sq ft
$284
-46.1% vs. city median $528
Based on
27 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,137
2025
HOA
$1,500/mo
Cable TV, Common Area Taxes, Community Pool
Pool
Gunite
View
Pool, Water
Waterfront
Canal Front, Waterfront
Furnished
Furnished
Pets
Not allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Refrigerator

    Other interior features

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Sidewalk

    Lot

    • Lot: 2.81 Acres

    Other Property Information

    • Parcel Number: 082915413480000508

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $1,500

    • HOA Frequency: Monthly

    • Annual tax amount: $5,137

  • Source details

    • MLS ID: TB8526670

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Block

    • Laundry Features: Common Area / Same Floor As Condo Unit

    • Lot Features: City Lot / Near Marina / Near Public Transit

    • Pool Features: Gunite / In Ground / Lighting

    • Window Features: Window Treatments

    • Direction Faces: North

    • Architectural Style: Coastal

    • Waterfront: Yes

    • Living Area: 1295

    • Water Source: Public

    • Subdivision Name: HORIZON HOUSE CO-OP

Private inquiry
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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: COLDWELL BANKER REALTY