HUGE $200, 000 PRICE REDUCTION - Exceptional Value for Nearly 2, 000 Square Feet on the Water! This beautiful property is an extraordinary opportunity to own a spacious 1, 980 square foot waterfront condominium with breathtaking, direct water views from every room, now offered at a dramatically reduced price. Combined with $86, 000 in brand new impact windows, doors, and sliders, this property represents unmatched value, quality, and peace of mind. Just minutes from the pristine sands of world-famous Clearwater Beach, this beautifully maintained two-bedroom, two-bath residence offers two private balconies and spectacular sunset views that paint the sky each evening. The bright, expansive open floor plan is flooded with natural light and designed for both relaxing and entertaining. The spacious living area, kitchen, and dining space flow seamlessly together, all oriented toward the water for maximum enjoyment of the views. Whether you are hosting guests or enjoying a quiet evening, the scenery is always front and center. The oversized primary suite is a true retreat, featuring its own private balcony, a large walk-in closet, and a generous ensuite bath. Wake up to tranquil water views and step outside for peaceful mornings overlooking the Intracoastal. The second bedroom is equally impressive, offering abundant natural light, stunning water views, and a large closet.Upgrades completed in August 2025 include brand new impact windows, sliders, and custom automatic blinds, enhancing energy efficiency, storm protection, and modern luxury throughout the home.Located on the fourth floor of a highly desirable Island Estates community, residents enjoy resort-style amenities including:Heated waterfront pool, Fitness center, Dock, first come first serve Boat slip rentals or purchases, Tennis and pickleball courts, Sauna, Clubroom, Library, Billiards room and Private event room with full kitchen! All of this is set in the heart of Island Estates, just steps to Publix, popular dining, the Clearwater Marine Aquarium, and only minutes to Pier 60, sunset cruises, and one of Florida's most celebrated beaches. Additional features include:Rentals allowed (minimum 6 months + 1 day), Assigned covered parking near the entrance, Pet friendly (with restrictions), With a massive $200, 000 price reduction, nearly 2, 000 square feet of living space, $84, 000 in recent upgrades, and unforgettable sunset and water views, this condo is a rare opportunity to secure a premium waterfront lifestyle at an exceptional value.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 19' x 14'
- Bedroom 2 Dimensions: 15' x 13'
- Primary Bedroom Level: First
- Bedroom 2 Level: First
Other Rooms
- Total Rooms: 4
- Living Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Ceiling Fans(s)
- Eat-in Kitchen
- Living Room/Dining Room Combo
- Walk-In Closet(s)
- Flooring: Carpet, Luxury Vinyl, Tile
Appliances
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Microwave
- Range
- Refrigerator
- Washer
- Laundry Features: Inside, Laundry Room
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central, Electric
- Heating: Yes
Kitchen and Dining
Exterior and Lot Features
- Balcony
- Lighting
- Outdoor Grill
- Tennis Court(s)
- Road Surface Type: Asphalt
Land Info
- Additional Parcels: No
- Lot Size Acres: 3.35
- Lot Size Square Feet: 145707
Waterfront and Water Access
- Water Features: Canal - Saltwater, Intracoastal Waterway, Dock, Intracoastal Waterway, Water Access, Waterfront
- Canal - Saltwater
- Intracoastal Waterway
- Boat Features: Dock - Composite
Pool and Spa
- Pool Features: Gunite, Heated, In Ground
- Pool Private: Yes
Garage and Parking
- Carport Spaces: 1
- Parking Features: Assigned, Covered, Guest
Home Features
- View: Gulf/Ocean - Partial, Intracoastal Waterway, Garden, Pool, Water
Homeowners Association
- Association: Yes
- Association Amenities: Cable TV, Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Sauna, Tennis Court(s)
- Association Fee: 1030
- Association Fee Frequency: Monthly
- Association Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 1030
- Association Name: FRANKLIN COASTAL PROPERTY MANAGEMENT
- Association Phone: 7277990031
- Pets Allowed: Yes
- Pet Description: Small (16-35 Lbs.)
Condo Info
- Unit Floor In Building: 4
Amenities and Community Features
- Cable TV
- Elevator(s)
- Fitness Center
- Lobby Key Required
- Maintenance
- Pickleball Court(s)
- Pool
- Sauna
- Tennis Court(s)
- Community Features: Buyer Approval Required, Clubhouse, Fitness Center, Pool, Tennis Court(s)
Rental Info
- Lease Term: Minimum Lease: 6 Months
Other Property Info
- Annual Tax Amount: 10445
- Source Listing Status: Active
- County: Pinellas
- Directions: Take Gulf To Bay/Causeway Blvd East towards the Clearwater Beach, north on Island Way. Property is on the left.
- Tax Year: 2023
- Ownership: Condominium
- Source Property Type: Residential
- Area: 33767 - Clearwater/Clearwater Beach
- Property Subtype: condo
- Source Neighborhood: 736 ISLAND WAY CONDO
- Parcel Number: 05-29-15-80326-000-0404
- Postal Code Plus 4: 1837
- Public Survey Section: 05
- Subdivision: 736 ISLAND WAY CONDO
- Township: 29
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 1980
- Year Built: 1974
- Building Area Source: Public Records
- Building Area Total: 1980
- Building Name: 736 ISLAND WAY CONDO
- Construction Materials: Concrete
- Direction Faces: Southwest
- Foundation Details: Slab
- Levels: One
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Property Age: 52
- Levels or Stories: One
- Structure Type: Mid Rise
- Total Area Sqft: 1980
- Elevator: Yes
Utilities
- Sewer: Public Sewer
- BB/HS Internet Available
- Cable Connected
- Electricity Available
- Water Source: Public