CENTURY 21 Edge
$7,0003 bd2 ba1,800 sqft$4 /sqft$211 /mo all-in ↓

415 ISLAND WAY UNIT 505, CLEARWATER, FL, 33767

Active702 days on marketListed Sep 6, 2024MLS #U8255102

Priced 99% below the CLEARWATER 33767 medianWaterfrontCondominiumISLAND ESTATES OF CLEARWATER UNIT 2 LOT 15 & S 1/2

About this home

415 ISLAND WAY UNIT 505

Spacious Waterfront Condo at 415 Island Way. Discover the perfect blend of comfort and luxury in this stunning 3-bedroom, 2-bathroom condo, nestled on the fifth floor of the prestigious Azure community. This beautiful unit boasts breathtaking water views, offering a serene escape right from your living room. Enjoy a spacious layout with plenty of natural light streaming in through large windows. Gourmet Kitchen: Equipped with modern appliances, granite countertops, and ample cabinet space, perfect for the home chef. This condo features a large bedroom with a walk-in closet and an en-suite bathroom. Step outside to your private balcony to take in panoramic views of the water and soak up the Florida sunshine. Convenient in-unit washer and dryer make laundry a breeze. Access to a sparkling swimming pool, fitness center, and clubhouse. The building also offers secured entry and covered parking. Situated on Island Estates, this condo is just a short distance from Clearwater Beach, shopping, dining, and entertainment. With direct water access, enjoy boating, fishing, and other water sports right at your doorstep. Easy access to major highways makes commuting to nearby cities simple and convenient. Don’t miss the chance to live in this waterfront paradise! Available April 2025.

Facts & features

The home at a glance

3

Bedrooms

2

Bathrooms

1,800

Sqft

0 ac

Lot size

2023

Year built

One

Levels

$4

Per sqft

WaterfrontWater viewTurnkey

Inside

FlooringCeramic Tile · Laminate
AppliancesDishwasher · Disposal · Dryer · Microwave · Range · Refrigerator · Washer
InteriorEating Space In Kitchen · Solid Wood Cabinets · Split Bedroom · Stone Counters · Window Treatments
LaundryInside · Laundry Room
CoolingCentral Air
HeatingCentral · Electric
FurnishedTurnkey

Outside & construction

ViewWater
ParkingAssigned · Under Building
ExteriorBalcony · Sliding Doors

Community & fees

PetsNo
CommunityBay/Harbor Front · Water Access · Waterfront · Fitness Center · Pool

Utilities & systems

UtilitiesPublic
WaterPublic

The numbers

What it really costs

Principal and interest plus estimated taxes and insurance. Run your own numbers below.

$211 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$41
FHA mortgage insurance (est.)$3
Est. property taxes (1.1%/yr)$6
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $245Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesEstimated at 1.1%/yrInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $245
Interest rate6.00%
Loan term

Estimated payment

$211/mo

Principal & interest$41
FHA mortgage insurance (est.)$3
Est. property taxes$6
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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.

$/sqft vs Clearwater actives

$4 vs $226

Days on market

702 vs 55 typical

Where $4/sqft sits among the 399 Clearwater actives

11 · this home
181
133
36
10
28
$4–113$113–221$221–330$330–438$438–547$547+

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

Map of 415 ISLAND WAY UNIT 505 inside its neighborhood boundary

Drive times from this address

Tampa Int’l Airport (TPA)33 min
Downtown Tampa37 min

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

ElementarySandy Lane Elementary School★★★★★
MiddleDunedin Highland Middle School★★★★
HighClearwater High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Clearwater market

Seller’s marketBalanced5.1 months of inventoryBuyer’s market

$328K$306K

Clearwater median sold, yr/yr

95.8%

Sale-to-list ratio (12 mo)

226 of 399

Clearwater actives have cut their price

Median sold price, Clearwater, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 99% below the CLEARWATER 33767 median. See the full Clearwater market guide →

Paper trail

This home's history

Sep 6, 2024Listed at $7,000 · 702 days on market since
2023Built · ISLAND ESTATES OF CLEARWATER UNIT 2 LOT 15 & S 1/2

Reality check

What actually sold near 415 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.

530 S GULFVIEW BOULEVARD UNIT 203Sold · Jul ’26

$1,000,000

530 S GULFVIEW BOULEVARD UNIT 203

3 bd · 2 ba · 1,803 sqft · $555/sqft · 350 DOM

331 CLEVELAND STREET UNIT 1702Sold · Jul ’26

$890,000

331 CLEVELAND STREET UNIT 1702

2 bd · 2 ba · 1,765 sqft · $504/sqft · 28 DOM

331 CLEVELAND STREET UNIT 402Sold · Aug ’25

$660,000

331 CLEVELAND STREET UNIT 402

2 bd · 2 ba · 1,765 sqft · $374/sqft · 69 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.

Frantreshia Miller

Your agent

Frantreshia Miller

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 415 ISLAND WAY UNIT 505 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 415 ISLAND WAY UNIT 505 — before you fall in love.

See it in person

Schedule a tour

Live availability from Frantreshia's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

415 ISLAND WAY UNIT 505 FAQs

What would the monthly payment be for 415 ISLAND WAY UNIT 505?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $211/mo — principal and interest, estimated property taxes 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.

Are pets allowed at 415 ISLAND WAY UNIT 505?+

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 $7,000, this home is listed about 97% below the Clearwater median of $275,000. The market section on this page shows how the area is trending.

Which schools are assigned to 415 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

Four things that matter here

01Under the CLEARWATER 33767 market on paper

$7,000 is 99% below the CLEARWATER 33767 median of $550,000, and at $4/sqft it sits under the Clearwater average of $275.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

702 days on market against a Clearwater median of 55 — sellers in this position are usually ready to negotiate.

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.

Listing courtesy of BHHS FLORIDA PROPERTIES GROUP · Cherie Kelly. MLS #U8255102.

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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