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$325,000
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Property Description
One or more photo(s) has been virtually staged. HUGE $120,000 PRICE REDUCTION ! ALREADY $100,000 Below Market! Incredible Value in beautiful Island Estates- BUILDING BEING COMPLETELY RENOVATED and FNMA LOAN APPROVED! Great Location and Brand New Building! Great VALUE and Huge $100-200,000 UPSIDE for the buyer! CALLING ALL INVESTORS! CASH SALE AND NEED QUICK CLOSING. This spacious 2-bedroom, 2-bath end-unit condo offers an impressive 1,355 square feet of privacy and potential, just a short walk to Clearwater Beach, restaurants, shopping, and the marina. The HOA, in partnership with Velocity Construction Services Group and a dedicated owner Task Force, is managing extensive upgrades to both the building exterior and select interior systems-ensuring peace of mind for years to come. Improvements Include: New Roof, Hardie Board Siding, Exterior Enhancements, Interior Drywall & Insulation Replacement, Electrical & Plumbing Repairs, plus much more. The kitchen has been temporarily removed by the HOA to allow for interior wall repairs-giving buyers the rare opportunity to design a dream kitchen or replace the existing one (currently stored and protected in the unit). Your vision, your choice. Further, the seller is pricing the unit nearly $200,000 BELOW market value to allow for upgrades and assessments . Don't miss out on this rare blend of size, location, and potential.
Full Property Details
Full Property Details for 650 Island Way #408
General
- Sold For: $325,000
- HOA FEE: $658/month
- Taxes: $2,921 (2024)
- Status: Closed
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: TB8394251
- Added to Site: 221 day(s) ago
Rental Information
- Min. Lease: 6 Months
Interior
- Number of Rooms: 3
- Interior Features: Living Room/Dining Room Combo
- Appliances: Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Electric Dryer Hookup, Inside, Washer Hookup
Additional Information
- Shared Amenities: Cable TV, Elevator(s), Maintenance, Pool
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, In Ground, Outside Bath Access
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Sliding Doors
Location
- Area: 33767 - Clearwater/Clearwater Beach
- County: Pinellas
- Development Name: 33767 - Clearwater/Clearwater Beach
- Subdivision: 650 ISLAND WAY CONDO
- Driving Directions: Memorial causeway to island way to address
- Direction Faces: North
School Information
- Elementary School: Plumb Elementary-PN
- Middle School: Dunedin Highland Middle-PN
- High School: Clearwater High-PN
Community
- Community Name: 33767 - Clearwater/Clearwater Beach
- Community Features: Dock, Intracoastal Waterway, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Community Mailbox, Deed Restrictions, Irrigation-Reclaimed Water, Pool, Sidewalks
- Optional Amenities: Cable TV, Elevator(s), Maintenance, Pool
- Assoc. Name: Ameritch/Dave Fedash
- Assoc. Fees Include: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
- Number of Pets: 2
- Pet Restrictions: verify with association, / 25lbs.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water District: MANDALAY CHANNEL
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
Structural Information
- Exterior Const.: Vinyl Siding, Wood Frame
- Roof: Built-Up
- Stories/Levels: One
- Square Feet: 1,355
- Sq. Ft. Source: Public Records
- Living Area: 1,355 Sq. Ft.
- Year Built: 1988
Lot Features
- Property View: Water
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Intracoastal Waterway
- Water Extras: Yes
- Water Front Name: MANDALAY CHANNEL
- Water Front Desc.: Waterfront, Intracoastal Waterway
Financial Considerations
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: None
- Condo Fee: $658
- Condo Fee Freq: Monthly
- Tax Amount: $2,921
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: 650 ISLAND WAY CONDO UNIT 408
- Flood Zone Info: X500
- APN: 52915822550004080
- Property ID: 52915822550004080
Get Pre-Approved Today
Schools
Schools serving 650 Island Way #408
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Sandy Lane Elementary School 1360 Sandy Lane, Clearwater, FL 33755 | PK-5 | 2.4 mi |
Dunedin Highland Middle School 70 Patricia Avenue, Dunedin, FL 34698 | 6-8 | 2.8 mi |
Clearwater High School 540 South Hercules Avenue, Clearwater, FL 33764 | 9-12 | 4.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 650 Island Way #408
Date
Details
Price
Change
Source
8/29/2025
Sold
$325,000
-14.25%
MLS
8/08/2025
Price Reduced
$379,000
-5.01%
MLS
7/21/2025
Price Reduced
$399,000
-3.86%
MLS
7/02/2025
Price Reduced
$415,000
-16.83%
MLS
6/11/2025
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
650 Island Way #408, Clearwater Beach, FL 33767 (MLS# TB8394251) is a Condo property that was sold at $325,000 on August 29, 2025. This property was listed by Chenault Group from our Belleair Office.Want to learn more about 650 Island Way #408? Do you have questions about finding other Condo real estate for sale in Clearwater Beach? You can browse all Clearwater Beach real estate or contact a Coldwell Banker agent to request more information.


