320 Island Way, FL
Stellar MLS

$515,000

320 Island Way

Clearwater Beach, FL 33767

Active
3
Beds
3
Baths
1,700
Sq Ft
1.57
Acres
1995
Built
1.57 acres$303/sqft360° tour
Townhouse

Property type

1995

Year built

68,212 sqft

Lot size

$303

Price / sq ft

$946/mo

HOA dues

1

Day on market

2

Garage spaces

AE

Flood zone

About this home

Welcome to Cutter Cove on highly desirable Island Estates! This beautifully updated townhome offers approximately 1,700 square feet of living space featuring 3 bedrooms, 3 full baths, a versatile loft, an oversized 3-car garage, and three levels of outdoor living. Thirty-day rentals are permitted, making this an excellent primary residence, vacation home, or investment property. This Remodeled home features an updated kitchen with granite countertops, stainless steel appliances, breakfast bar, and abundant cabinetry. The open-concept floor plan is enhanced by engineered hardwood flooring, marble bathroom floors, crown molding, updated sliding glass doors, and a new HVAC system installed in 2025. A standout feature is the finished first-floor game room/man cave with durable epoxy flooring, offering flexible space for entertaining, a home gym, media room, hobby area, or BONUS LIVING space. The loft provides additional flexibility for a home office, guest retreat, or playroom. Recent community improvements include new roofs completed in 2024 and building tenting in 2025 with a transferable termite bond. Residents enjoy resort-style amenities including a waterfront pool and spa, grilling stations, and a tiki hut gathering area. Ideally located within walking distance of Clearwater Beach, Publix, restaurants, salons, and the Clearwater Marine Aquarium. Convenient access to Clearwater-St. Pete Airport, Tampa International Airport, and downtown Tampa makes this the perfect opportunity to enjoy the Island Estates lifestyle. Experience the best of coastal living at Cutter Cove.

Local Insight

At $303/sqft in Clearwater Beach, you're getting reasonable per-square-foot pricing for the area, but that 1.57-acre lot and AE flood zone designation mean you'll want to factor in mandatory flood insurance costs and potential elevation requirements into your true ownership expense—especially with that $946 monthly HOA already eating into affordability. The 1995 build and 3-bed/3-bath layout suggest this could be either a solid value play if systems are maintained or a renovation consideration, so a thorough inspection matters more here than in newer construction. Location-wise, being right on Island Way in Cutter Cove puts you in an established waterfront community, but confirm whether that acreage translates to privacy or if you're sharing common grounds with other units.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$2,604
Property taxes$379
Home insurance (est.)$236
HOA dues$946

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history1 days on market

  1. Status: Active
    Jun 3, 2026
  2. Listed$515,000
    Jun 3, 2026
  3. Price increased$515,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Townhouse
Status
Active
Days on market
1
Subdivision
Cutter Cove Condo
County
Pinellas
Year built
1995
Living area
1,700 sq ft
Price/sq ft
$303
Lot size
68,212 sq ft
Lot category
1 to less than 2
Flood zone
AE (12103C0102H)
Garage
2 spaces
Annual taxes
$4,553 (2025)
Parcel #
08-29-15-20194-001-0304
MLS #
TB8512455

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Interior Details

Bedrooms
3
Full bathrooms
3
Flooring
Hardwood, Marble, Tile
Appliances
Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator
Interior features
Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
Laundry
Inside, Laundry Room, Upper Level
Stories / Levels
Three Or More
Direction faces
North

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Garage spaces
2
Attached garage
Yes

HOA & Financial

HOA fee
$946 / Monthly
Monthly HOA
$946/mo
Total monthly fees
$946/mo
Total annual fees
$11,352
HOA name
Tad Johnson
CDD
No
Homestead exemption
Yes
Min lease term
1 Month
Listing terms
Cash, Conventional
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
Confirm lease restrictions with Management/HOA if important
Approval process
See condo rules, application in attachments

Exterior & Construction

Exterior features
Balcony, Lighting, Rain Gutters, Sidewalk, Sliding Doors
Construction materials
Vinyl Siding, Frame
Roof
Built-Up, Shingle
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Public

Community

Pets allowed
Cats OK, Dogs OK

Room Details

RoomLevelDimensions
Living RoomSecond15x15
KitchenSecond11x10
Primary BedroomThird13x12

Listing Details

Listing date
2026-06-03
On market date
2026-06-03
Original list price
$515,000
Occupant type
Owner
MLS area
33767 - Clearwater/Clearwater Beach
Listing AOR
Suncoast Tampa
Status changed
2026-06-03
Tax legal description
CUTTER COVE CONDO ( PHASE 1 ) BLDG 3, UNIT 304

Flood risk

High riskFEMA Zone AEPanel 12103C0102H

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

riving West on SR 60 across the Memorial Causeway to light at Island Way. Turn onto Island Way and Cutter is just past Publix Left at Dory and in to Cutter Cove Townhome Community.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of June 4, 2026 at 6:53 AM ET. 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA