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Property Description
Waterfront Living with a 13,000-Pound Boat Lift, Southwest-Facing Balcony, and Extensive Building Improvements! Discover the appeal of coastal living in this two-bedroom, two-bath condominium overlooking Mandalay Channel on desirable Island Estates, just minutes from Clearwater Beach. Offering 1,218 square feet of living space, this sixth-floor residence combines comfortable interiors, beautiful Intracoastal Waterway views, and exceptional boating amenities. The living and dining room combination provides an inviting space for relaxing or entertaining, while the private southwest-facing balcony offers a wonderful vantage point for enjoying passing boats, afternoon sunshine, and colorful evening skies over the water. New flooring installed in 2025 enhances the interior, while new hurricane-rated windows and sliding glass doors were installed during the building's extensive remediation project. For boating enthusiasts, the residence includes the use of assigned Boat Slip 8, equipped with a 13,000-pound boat lift, providing convenient access to the Intracoastal Waterway and surrounding waterways. An assigned covered carport adds everyday convenience. The condominium building has undergone an extraordinary series of capital improvements, representing a significant investment in its appearance, infrastructure, and long-term durability. Improvements completed in 2026 include a new roof and fascia, new HardiePlank siding throughout the building, fresh exterior painting, new outdoor lighting, new covered carports, new mailboxes, and a new tiki hut. The parking lot is also scheduled to be resurfaced and sealed in 2026. Additional improvements include updated stairwells in 2025 and elevator modernization completed in 2023, with further updates in 2025. The waterfront infrastructure has also been extensively upgraded, with a comprehensive dock reconstruction project completed in 2024. This project included a new seawall raised 12 inches, a new dock raised 12 inches, a catwalk raised 20 inches, and new pilings, electrical service, water connections, and lighting. Residents also enjoy lush tropical landscaping, a convenient car wash area, and a designated dog walk area. All assessments associated with these improvements have been paid by the sellers, providing an additional benefit to the next owner. Located on Island Estates, this waterfront residence offers the perfect balance of a relaxed island atmosphere and convenient access to Clearwater Beach's renowned white-sand beaches, waterfront dining, shopping, and entertainment.Waterfront views, your boat just steps away, and major building improvements already completed and paid for-what are you waiting for? Schedule your private showing and start imagining life on Island Estates!
Full Property Details
Full Property Details for 650 Island Way #602
General
- Price: $474,900
- HOA FEE: $1,246/month
- Taxes: $9,662 (2025)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: TB8558616
- Updated: 10/17/2026
- Added to Site: 4 day(s) ago
Rental Information
- Min. Lease: 6 Months
Interior
- Number of Rooms: 4
- Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Furnishings: Partially
- Flooring: Luxury Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Laundry Closet
Additional Information
- Shared Amenities: Elevator(s), Optional Additional Fees, Pool, Recreation Facilities
- Security/Safety: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Sliding Doors, Storage
Parking
- Carports: Yes
Location
- Area: 33767 - Clearwater/Clearwater Beach
- County: Pinellas
- Development Name: 33767 - Clearwater/Clearwater Beach
- Subdivision: 650 ISLAND WAY CONDO
- Driving Directions: West on Route 60 (Gulf to Bay Blvd) towards Clearwater Beach over the Clearwater Memorial Causeway. Turn right at Island Estates - traffic light onto Island Way and continue to 650.
- Direction Faces: Southwest
Community
- Community Name: 33767 - Clearwater/Clearwater Beach
- Community Features: Dock, Fishing, Intracoastal Waterway, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Irrigation-Reclaimed Water, Sidewalks
- Optional Amenities: Elevator(s), Optional Additional Fees, Pool, Recreation Facilities
- Association: Yes
- Assoc. Fees Include: Cable TV, Community Pool, Escrow Reserves Fund, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
- Number of Pets: 2
- Pet Restrictions: Verify with HOA, / 35lbs.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water District: MANDALAY CHANNEL
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Concrete
- Roof: Other
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 1,218
- Sq. Ft. Source: Public Records
- Year Built: 1988
Lot Features
- Property View: Water
- Street/Road Desc.: Paved
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 Desc.: None
- Condo Fee: $1,246
- Condo Fee Freq: Monthly
- Tax Amount: $9,662
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: 650 ISLAND WAY CONDO UNIT 602 TOGETHER WITH THE USE OF BOAT SLIP 8
- Flood Zone Info: X500
- APN: 52915822550006020
- Property ID: 52915822550006020
Listed by Coastal Properties Group International
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Schools
Schools serving 650 Island Way #602
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 650 Island Way #602
Date
Details
Price
Change
Source
10/16/2026
Listed
$474,900
216.6%
MLS
9/08/1999
Sold
$150,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 650 Island Way #602
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,662
10%
$508,711
3%
2024
$8,792
5%
$496,271
—
2023
$8,405
22%
$497,083
47%
2021
$6,866
-7%
$337,889
-16%
2022
$7,393
8%
$402,751
29%
2021
$6,866
-3%
$313,369
-6%
2019
$7,073
9%
$334,943
10%
2018
$6,488
9%
$304,494
-5%
2017
$5,949
12%
$319,282
15%
2016
$5,333
13%
$278,675
25%
2015
$4,730
—
$223,415
-4%
2014
$4,713
12%
$232,354
19%
2013
$4,210
—
$195,850
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 650 Island Way #602
650 Island Way #602, Clearwater, FL 33767 (MLS# TB8558616) is a Condo property with 2 bedrooms and 2 full bathrooms. 650 Island Way #602 is currently listed for $474,900 and was received on October 16, 2026. Want to learn more about 650 Island Way #602? Do you have questions about finding other Condo real estate for sale in Clearwater? You can browse all Clearwater real estate or contact a Coldwell Banker agent to request more information.

