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Listings courtesy of IAD REAL ESTATE as distributed by MLS GRID.

Active - Condominium for sale

400 ISLAND WAY UNIT 503, Clearwater, FL

2 bds|2 bth|1,300 sqft

Facts & features

Condominium Property type
13 days on Beycome
1978 Year built
$323 Price/Sqft.
$1,118/mo HOA
127,564 sqft Lot size

Why you’ll love it

  • Waterfront
  • Water view
  • Pool
  • Balcony

Virtually Staged. Whether you're searching for your own slice of paradise or a waterfront investment with immediate income potential, this spacious two-bedroom, two-bath condominium in the heart of Island Estates deserves your attention. Perched on the fifth floor, this west-facing residence offers beautiful water views and unforgettable Florida sunsets from your private balcony; the perfect place to unwind after a day at the beach or on the water. Inside, you'll find an open, functional floor plan with generous living spaces, solid bones, and just the right opportunity to add your own personal style. The home is in good condition, making it an excellent choice for buyers looking to build equity while enjoying one of Clearwater Beach's most sought-after communities. For investors, this property presents a rare opportunity. The condo is currently tenant occupied by long-term residents who would like to stay, offering the potential for immediate rental income and a seamless transition for buyers seeking an established investment property. With no ownership waiting period before leasing, Starboard Tower remains an attractive option for both seasonal and long-term investment strategies. Starboard Tower offers an exceptional waterfront lifestyle with resort-style amenities, including a heated pool, spa, fitness center, clubhouse, assigned parking, and beautifully maintained grounds. Island Estates is one of Clearwater's most desirable waterfront communities, offering the perfect balance of peaceful island living and everyday convenience. Just minutes from world-famous Clearwater Beach, you'll enjoy easy access to Publix, waterfront dining, the Clearwater Marine Aquarium, banking, shopping, and more, all without leaving the island. Whether you're looking for a full-time residence, a seasonal retreat, or a smart addition to your investment portfolio, this property offers an exceptional opportunity to own in one of Tampa Bay's premier coastal communities.

Translating description...

Listed by: Angelia Trapp • angelia.trapp@iadflorida.com • IAD REAL ESTATE

Co-listed by: IAD REAL ESTATE

Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8536596 Stellar MLS as distributed by MLS GRID logo

Based on information as of Jun 01, 2026 at 02:21pm EDT.

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Affordability

$275,000$565,000
1%20%
0%90%
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Estimated monthly payment

$3,859/mo

  • Mortgage$2,123
  • Property tax$618
  • HOA fee
  • Homeowners insurance
Due at closing$333,821
Down payment held in escrow$83,980
Closing costs$6,299
beycome credit Est.$8,398

Beycome estimates only. Actual amounts and terms vary by lender and location.

Discover the neighborhood

Travel times

About Starboard Tower

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 9 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Jun 01, 2026 at 02:21pm EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$419,900 Listed price

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$8,398 Credit back

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