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Your endless vacation awaits you in this pristine 2nd floor condo at 650 Island Way, which has one of the highest elevations--14 feet--of all of Island Estates. Southwest water views are yours from the kitchen, living room, primary bedroom, and balcony where you will see Clearwater's famous sunsets and views of Clearwater Harbor. Your Beach living starts by entering through the storm and front doors to an entry where there is an updated kitchen to your left with granite counters, newer stainless steel appliances, and the new full-size stackable washer and dryer (2025). On the right is a pantry closet. Check out the pass-through to the Dining Area and Living Room, which leads to the tiled balcony from the sliders with an extra storage closet and room for an outdoor furniture set. The Master Bedroom has a walk-in closet, linen closet, sliders to the balcony, and an en-suite bathroom with a shower, shower seat and an updated vanity. There's plenty of room for your furniture in this large bedroom that has a beautiful water view. The Second Bedroom has a Jack and Jill bathroom with a new vanity and a recently installed glass shower door. Boat slips are available for rent or purchase from time to time, and the Sellers have been renting one, which could become available to you! The pool is heated, has a TIKI hut area, a charcoal grill nearby, as well as kayak storage and a kayak launch. The Dock Rebuild Project, completed in 2024, consisted of a new seawall, dock, catwalk, pilings, electric, water, and lights. The sea wall was raised 12 inches, the dock was raised 12 inches, and the catwalks were raised 20 inches to meet the dock. Elevator modernization was completed in the fall of 2023. The docks are long-lasting WearDeck composite decking. There is a car wash area, dog walk area, and lush landscaping. Carport #43 plus one guest parking space are available with this condo. There is also guest parking. Construction is nearly completed for this building, but this unit did not have any hurricane damage. When the construction is complete, there will be all new Hardie Plank cement siding, all new outdoor lights, a new roof and facia, new Tiki hut, new carports, new mailboxes, and painting of the building will be completed soon. Seller has paid the assessments. By boat you are mere minutes to an array of waterfront restaurants, coveted Carlouel Yacht Club, Caladesi Island, and the Gulf waters. Boat up to the new Clearwater Sound and enjoy concerts from the water or anchor out at Three Rooker Island for an unbelievable day in the sun. Island Estates offers all the comforts with fine dining, night life, grocery shopping, and various small businesses. Your future home is just a short walk, drive, or Jolly Trolley ride away from world famous Clearwater Beach. Flip flops, sunscreen, and the good life are calling your name.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$478,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $382,800 | $382,800 | $382,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $356 | $356 | $356 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,357 | $2,417 | $3,179 |
| Total Monthly Payment | $2,788 | $2,848 | $3,610 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.