400 ISLAND WAY UNIT 509, CLEARWATER, FL, 33767
Active9 days on marketListed Sep 11, 2026MLS #TB8547102
Come see it
Upcoming open house
Sat, Sep 26
12:00 PM – 4:00 PM
About this home
400 ISLAND WAY UNIT 509
Experience the absolute pinnacle of COASTAL LUXURY and HIGH-YIELD investment just one MAGNIFICENT mile from the WORLD-FAMOUS, SUGAR-WHITE sands of Clearwater Beach. Nestled within the HIGHLY SOUGHT-AFTER and PRESTIGIOUS Island Estates enclave, 400 Island Way #509 is an EXTRAORDINARY, 1,300-square-foot sanctuary that operates as a PROVEN, YEAR-ROUND revenue generator while offering an OPULENT personal retreat whenever the coast calls you home. Designed as the ULTIMATE, SOPHISTICATED pied-à-terre, a SEAMLESS, HANDS-FREE management system allows you to effortlessly harvest PREMIUM rental income during peak seasons while reserving EXCLUSIVE weeks for your own SUN-DRENCHED escapes. Adding INCREDIBLE value to this RARE offering, FLEXIBLE Seller Financing is available, providing a SEAMLESS, VIP path to ownership for DISCERNING investors and HIGH-NET-WORTH buyers alike who want to immediately capitalize on this 365-DAY-A-YEAR income producer. EXQUISITELY reimagined with MODERN COASTAL elegance, the SPRAWLING, LIGHT-FILLED OPEN-CONCEPT living space is framed by BRAND-NEW, HURRICANE-IMPACT doors and windows that flood the home with NATURAL Florida sunshine. The EPICUREAN CHEF’S kitchen serves as a BREATHTAKING centerpiece for entertaining, showcase-fitted with CUSTOM WARM-WOOD cabinetry rising gracefully to the ceiling, BEAUTIFUL crown molding, a new refrigerator, and RICH, POLISHED cream-and-taupe NATURAL granite countertops that extend into an EXPANSIVE breakfast bar. From there, the OPULENT living and dining quarters effortlessly transition out to a PRIVATE, ELEVATED balcony, offering TRANQUIL panoramas across Island Estates with SERENE, SHIMMERING glimpses of the Intracoastal Waterway. The LUXURIOUS attention to detail continues into both full bath sanctuaries, which have been LAVISHLY modernized with CUSTOM-TILED walk-in showers, complemented by SPACIOUS mirrored DESIGNER closets and the ULTIMATE convenience of a PRIVATE IN-UNIT washer and dryer. No expense has been spared in this FULLY FURNISHED masterpiece—from three new smart TVs and DESIGNER lighting to ULTRA-PLUSH linens, HIGH-END cookware, and HIGH-SPEED internet, ensuring a TRULY TURN-KEY experience from day one. When you are ready to explore, this PRIME address places WORLD-CLASS waterfront dining, LUXURY boutiques, and VIBRANT COASTAL nightlife just a LEISURELY walk or SCENIC Jolley Trolley ride away. Returning home, Island Estates provides a PREMIER, RESORT-CALIBER lifestyle, granting residents and guests EXCLUSIVE access to an OVERSIZED HEATED swimming pool, a RELAXING Jacuzzi, CHARMING tiki huts equipped with BBQ grill stations, a GRAND clubhouse featuring a billiards lounge, and a STATE-OF-THE-ART fitness center complete with DRY saunas and PRIVATE storage. Whether you seek an ELITE, HIGH-YIELD revenue asset, an OPULENT FULLY FURNISHED waterfront retreat, or a MASTERFUL hybrid of both, this property delivers an UNMATCHED fusion of prestige, location, and cash flow. Schedule your PRIVATE viewing today and claim your piece of the Clearwater Beach lifestyle.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,300
Sqft
2.93 ac
Lot size
1978
Year built
One
Levels
$354
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$4,857 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$4,857/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+3%
$/sqft vs STARBOARD TOWER
$354 vs $343
Days on market
9 vs 53 typical
Where $354/sqft sits among the 7 homes for sale in STARBOARD TOWER
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Island Estate
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Clearwater. See the full Clearwater guide →
Island Estate — neighborhood snapshot
Population
2,783
Median age
62
Median income
$108,222
Median home value
$631,400
Avg household
2
Households w/ children
223
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Clearwater market
$328K → $336K
Clearwater median sold, yr/yr
95.8%
Sale-to-list ratio (12 mo)
5 of 7
STARBOARD TOWER have cut their price
Median sold price, Clearwater, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 18% below the CLEARWATER 33767 median. See the full Clearwater market guide →
Paper trail
This home's history
Reality check
What actually sold near 400 ISLAND WAY UNIT 509
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$340,000
400 ISLAND WAY UNIT 705 · same community
2 bd · 2 ba · 1,240 sqft · $274/sqft · 178 DOM
Sold · Oct ’25$425,000
400 ISLAND WAY UNIT 502 · same community
2 bd · 2 ba · 1,240 sqft · $343/sqft · 85 DOM
Sold · Dec ’25$200,000
400 ISLAND WAY UNIT 308 · same community
2 bd · 2 ba · 1,240 sqft · $161/sqft · 403 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Chad Creech
President, Commercial and Development Services · CENTURY 21 Edge
Tours, negotiation, and every question about 400 ISLAND WAY UNIT 509 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 400 ISLAND WAY UNIT 509 — before you fall in love.
See it in person
Schedule a tour
Live availability from Chad's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
400 ISLAND WAY UNIT 509 FAQs
What would the monthly payment be for 400 ISLAND WAY UNIT 509?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,857/mo — principal and interest, the actual property-tax bill, the $1,118/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 400 ISLAND WAY UNIT 509?+
The association fee works out to $1,118 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 400 ISLAND WAY UNIT 509?+
The most recent tax bill on record (2025) was $8,020. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 400 ISLAND WAY UNIT 509?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Clearwater?+
At $459,900, this home is listed about 65% above the Clearwater median of $279,000. The market section on this page shows how the area is trending.
Which schools are assigned to 400 ISLAND WAY UNIT 509?+
Sandy Lane Elementary School (elementary), Dunedin Highland Middle School (middle), Clearwater High School (high) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the CLEARWATER 33767 market on paper
$459,900 is 18% below the CLEARWATER 33767 median of $560,000.
02City & Water views
The city and water view is part of what you're buying — views hold value independently of the structure.
03Know the monthly fee
The association fee is $1,118/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Strong assigned schools
Sandy Lane Elementary School, Dunedin Highland Middle School, Clearwater High School — Dunedin Highland Middle School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS ST PETE REALTY · David Shabliy. MLS #TB8547102.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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