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!
Property Details
Price:
$474,900
MLS #:
TB8558616
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
650 ISLAND WAY CONDO
Neighborhood:
33767clearwaterclearwaterbeach
Listed Date:
Oct 16, 2026
Finished Sq Ft:
1,218
Total Sq Ft:
1,218
Year Built:
1988
See this Listing
Schools
Interior
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Luxury Vinyl, Tile
Heating
Central, Electric
Interior Features
Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor
Laundry Features
Laundry Closet
Levels
One
Exterior
Association Amenities
Elevator(s), Optional Additional Fees, Pool, Recreation Facilities
Community Features
Dock, Fishing, Intracoastal Waterway, Water Access, Waterfront, Association Recreation – Owned, Buyer Approval Required, Irrigation-Reclaimed Water, Sidewalks
Construction Materials
Concrete
Direction Faces
Southwest
Exterior Features
Balcony, Sliding Doors, Storage
Roof
Other
Security Features
Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
View
Water
Waterfront Features
Waterfront, Intracoastal Waterway
Window Features
Blinds
Financial
HOA Includes
Cable TV, Community Pool, Escrow Reserves Fund, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
Tax Year
2025
Taxes
$9,662
Map
Community
- Address650 ISLAND WAY UNIT 602 CLEARWATER FL
- Subdivision650 ISLAND WAY CONDO
- CityCLEARWATER
- CountyPinellas
- Zip Code33767
Subdivisions in CLEARWATER
Market Summary
Current real estate data for Condo in CLEARWATER as of Oct 19, 2026
664
Condo Listed
165
Avg DOM
263
Avg $ / SqFt
$386,290
Avg List Price
Property Summary
- Located in the 650 ISLAND WAY CONDO subdivision, 650 ISLAND WAY UNIT 602 CLEARWATER FL is a Condo for sale in CLEARWATER, FL, 33767. It is listed for $474,900 and features 2 beds, 2 baths, and has approximately 1,218 square feet of living space, and was originally constructed in 1988. The current price per square foot is $390. The average price per square foot for Condo listings in CLEARWATER is $263. The average listing price for Condo in CLEARWATER is $386,290. To schedule a showing of MLS#tb8558616 at 650 ISLAND WAY UNIT 602 in CLEARWATER, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 650 ISLAND WAY UNIT 602
CLEARWATER, FL
