124 LEEWARD ISLAND, Clearwater Beach, FL, 33767 | $3,599,999

A reimagined waterfront estate in the coveted enclave of Island Estates, where modern coastal design meets elevated construction and uncompromising peace of mind—just moments from the sugar-white sands of Clearwater Beach. This fully renovated 5-bedroom, 4-bathroom residence has been thoughtfully curated for today’s luxury buyer, blending clean architectural lines with high-performance upgrades rarely found in waterfront homes. Built well above flood elevation, the home offers a unique advantage in today’s market—delivering both first-level living and an elevated pool experience, all on the main living level. Here, indoor and outdoor living seamlessly converge, allowing you to step directly from your living space to your private pool—without compromise.
Inside, an open-concept layout is anchored by a dramatic great room and a chef-caliber kitchen, featuring JennAir appliances, a gas range with pot filler, striking Zebra Cambria quartz surfaces, and custom soft-close cabinetry—designed for both entertaining and everyday sophistication.
The 1, 200+ square foot primary suite is a true sanctuary, offering sweeping panoramic water views and a scale rarely seen in coastal properties—creating a private retreat that rivals five-star resort living.
Every detail has been elevated for comfort, efficiency, and long-term value, including: Brand-new Verea clay tile roof, Impact-rated windows and doors throughout, 3-zone American Standard HVAC system, Integrated central vacuum system, New seawall for long-term waterfront security, and RainBird irrigation system.
Outdoors, the property continues to impress with expansive entertaining areas, a sparkling elevated pool, and a newly installed seawall—offering the future owner the opportunity to design a custom dock tailored to their boating lifestyle. A rare highlight for Island Estates, the home also features garage space for up to 6 vehicles, including room for an RV or trailered boat—an invaluable asset for both full-time residents and seasonal owners. Positioned just minutes from Clearwater Beach, the Clearwater Marine Aquarium, fine dining, and vibrant local amenities, this residence offers the perfect blend of privacy and accessibility. For buyers relocating from New York, California, or other major metropolitan markets, this home represents a compelling alternative—delivering waterfront luxury, newer construction standards, and lifestyle-driven design at a fraction of comparable coastal properties. This is not just a home it’s a secure, elevated coastal investment designed for modern Florida living.

Features

  • Rooms: 8
  • Bedrooms: 5
  • Baths: 4 full
  • Lot Size: 80 x 120
  • Laundry: Gas Dryer Hookup, Inside, Laundry Closet, Laundry Room, Upper Level
  • Style: Coastal, Custom, Elevated
  • Year Built: 1992
  • Garage: 5-car Boat, Driveway, Garage Door Opener, Ground Level, Oversized, RV Garage, Workshop in Garage
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 5,798
  • Acreage: 0.22
  • Lot Size: 80 x 120
  • Est. Taxes: $43,795
  • Lot Desc: FloodZone, Sidewalk
  • View: Water
  • Water Front: Yes
  • Elem. School: Sandy Lane Elementary-PN
  • Middle School: Dunedin Highland Middle-PN
  • High School: Clearwater High-PN
  • Pool: Heated, In Ground, Lighting, Other, Pool Sweep
  • Pet Policy: Yes
  • Appliances: Dishwasher, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Wine Refrigerator
  • MLS#: TB8458455
  • Days on Market: 153 days
  • Website: https://www.raveis.com
    /eprop/TB8458455/124leewardisland_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 5/25/2026 11:34:09 PM)

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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

Our Executive Mortgage Banker:

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Our Insurance Division:

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124 LEEWARD ISLAND, Clearwater Beach, FL, 33767

$3,599,999

Team Sims

Sales Associates

William Raveis Real Estate

Phone: 239.572.2339

TeamSims@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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,879,999 $2,879,999 $2,879,999
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.362% 6.385% 6.223%
Monthly Tax Payment $3,650 $3,650 $3,650
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,267 $17,733 $24,303
Total Monthly Payment $21,042 $21,508 $28,078

* 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.