124 LEEWARD ISLAND, Clearwater Beach, FL, 33767 | $3,899,999

Welcome to your dream waterfront retreat on Island Estates in Clearwater Beach! This fully remodeled 5-bedroom, 4-bathroom coastal masterpiece blends luxury, functionality, and peace of mind—perfect for an elevated waterfront lifestyle. Built well above flood levels, this home features first-level living and a uniquely elevated pool positioned on the same level as your primary living space. Enjoy the convenience of stepping directly out to your pool without descending to ground level, while gaining the confidence of knowing the home had no flooding during recent hurricanes. Inside, an open-concept floor plan showcases modern elegance, anchored by a 1, 200+ sq. ft. master suite with panoramic waterfront views—your personal retreat designed for ultimate relaxation. The chef’s kitchen is a culinary showcase, featuring: JennAir appliances, Zebra Cambria quartz countertops, Gas range with pot filler, Custom Innovation soft-close cabinetry, Central vac system for easy maintenance, Brand-new Verea clay tile roof, 3-zone American Standard HVAC system, new impact windows & doors, and Rainbird irrigation system. Step outside to enjoy the sparkling elevated pool and expansive outdoor entertaining space. A brand-new seawall provides security and peace of mind, while giving the buyer the flexibility to design a custom dock system to fit their boating lifestyle. Garage parking for up to 6 vehicles, including RV or trailered boat storage. Located just minutes from Clearwater Beach, Clearwater aquarium, local dining, shopping, and entertainment, this property offers the perfect combination of luxury, location, and lifestyle. This is more than a home—it’s a private resort, designed for those who want comfort, protection, and waterfront living without compromise. This home is an exceptional opportunity for California or New York buyers seeking a seamless relocation to Florida, offering the lifestyle, space, and coastal convenience our out-of-state clients are consistently drawn to.

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
  • 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: 48 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 2/9/2026 4:57:16 AM)
Listing courtesy of THE AGENCY FL   Phone: 407-335-4119

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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

$3,899,999

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,119,999 $3,119,999 $3,119,999
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.154% 5.996% 5.932%
Monthly Tax Payment $3,650 $3,650 $3,650
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,715 $18,456 $25,909
Total Monthly Payment $21,490 $22,231 $29,684

* 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.