644 ISLAND WAY UNIT 505, CLEARWATER, FL, 33767
Active6 days on marketListed Oct 16, 2026MLS #TB8557959
About this home
644 ISLAND WAY UNIT 505
DISCOVER THE CONDO YOU’VE BEEN WAITING FOR! This MOVE-IN-READY ISLAND RETREAT offers IMPACT WINDOWS, an updated kitchen, and COVERED PARKING! This beautifully maintained, FULLY FURNISHED condo features PGT WinGuard impact-rated, vinyl, Low-E windows installed in 2022 with a transferable lifetime warranty. The kitchen was reimagined in 2018 with sleek white cabinetry, WHITE AND GRAY MARBLE COUNTERTOPS, a coordinating backsplash, stainless steel cabinet hardware, and Samsung appliances. Both the primary and guest bathrooms were completely renovated in 2015. Updated flooring in the living area and kitchen complements the inviting interior, while spacious rooms and large windows create a LIGHT AND BRIGHT atmosphere. The living room’s FLOOR-TO-CEILING WINDOWS with remote-controlled shades bring the outdoors into your living space. COVERED PARKING SPACE #54 adds everyday convenience. Enjoy waterfront amenities including a pool, boat docks available to residents on a first-come basis, a fishing dock, and a KAYAK LAUNCH WITH STORAGE. This block-construction building has completed a painting and envelope project. Island Point allows one rental per year, with a maximum of nine units rented at a time, following one year of ownership; proposed tenants require an application and approval. New buyers may bring ONE CAT OR DOG, subject to restrictions, although replacement pets are not permitted. Island Estates offers a convenient community setting within walking distance of dining, a bar and grill, a grocery store, UPS, a nail salon, and the Clearwater Marine Aquarium. You’re also just a Jolley Trolley ride from Clearwater Beach and its year-round activities. Whether you’re seeking a beach-area getaway or a full-time residence, this condo offers an inviting opportunity to enjoy island living. Come Live the Lifestyle, Come Live on the Island!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,335
Sqft
1972
Year built
One
Levels
$318
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 — not generic estimates.
$3,822 /mo · 3.5% down FHA, 30-yr fixed at 7.5%
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
$3,822/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.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
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
−13.8%
$/sqft vs Clearwater actives
$318 vs $247
Days on market
6 vs 62 typical
Where $318/sqft sits among the 400 Clearwater actives
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 → $324K
Clearwater median sold, yr/yr
95.8%
Sale-to-list ratio (12 mo)
231 of 400
Clearwater actives have cut their price
Median sold price, Clearwater, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 25% below the CLEARWATER 33767 median. See the full Clearwater market guide →
Paper trail
This home's history
Reality check
What actually sold near 644 ISLAND WAY UNIT 505
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’26$572,000
644 ISLAND WAY UNIT 101 · same community
2 bd · 2 ba · 1,335 sqft · $428/sqft · 218 DOM
Sold · Mar ’26$230,000
644 ISLAND WAY UNIT 206 · same community
2 bd · 2 ba · 1,335 sqft · $172/sqft · 372 DOM
Sold · Sep ’26$499,000
644 ISLAND WAY UNIT 603 · same community
2 bd · 2 ba · 1,315 sqft · $379/sqft · 4 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
Pedro Ribeiro Gloria
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 644 ISLAND WAY UNIT 505 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 644 ISLAND WAY UNIT 505 — before you fall in love.
See it in person
Schedule a tour
Live availability from Pedro's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
644 ISLAND WAY UNIT 505 FAQs
What would the monthly payment be for 644 ISLAND WAY UNIT 505?+
With 3.5% down on a 30-year FHA loan at 7.5%, the all-in payment lands around $3,822/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 644 ISLAND WAY UNIT 505?+
The most recent tax bill on record (2025) was $6,775. 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 644 ISLAND WAY UNIT 505?+
The listing reports pets: Yes. 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 $423,900, this home is listed about 41% above the Clearwater median of $299,785. The market section on this page shows how the area is trending.
Which schools are assigned to 644 ISLAND WAY UNIT 505?+
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
Five things that matter here
01Under the CLEARWATER 33767 market on paper
$423,900 is 25% below the CLEARWATER 33767 median of $565,000.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Fresh on the market
Only 6 days on market in a Clearwater market that averages 62 — if it fits, move quickly.
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.
05The price has already moved
Listed at $429,000, now $423,900 — a $5K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL · Vickee Walthall. MLS #TB8557959.
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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