$479,000
320 Island Way
Clearwater Beach, FL 33767
Listing updated: July 20, 2026 at 11:01 AM ET
Property type
Year built
Price / sq ft
HOA dues
Day on market
Garage spaces
Flood zone
About this home
Welcome to your paradise in Cutter Cove, a serene and highly sought-after townhome community on Island Estates—just minutes from the world-famous Clearwater Beach. With a motivated seller and aggressive pricing, this is a rare opportunity to secure exceptional value in one of the area’s most desirable waterfront communities. Rare investment opportunity on this possible income-producing rental property allowing 30-day minimum rentals with no ownership waiting period before you can begin leasing. This property offers some of the lowest HOA fees on Island Estates. This beautifully updated, three-level residence offers resort-style living with timeless coastal elegance. The spacious, expanded kitchen—approximately 20% larger than standard units—provides enhanced functionality and flow, perfect for both everyday living and entertaining. The primary suite is a private retreat featuring dual closets, a spa-inspired bath with a jetted tub, and a striking wooden spiral staircase leading to a versatile loft—ideal for a home office, media room, or play space. A huge balcony with sliding glass doors welcomes in the island breeze, seamlessly extending your living space outdoors. A second upstairs bedroom offers its own full bath and walk-in closet, while the main-level bedroom is thoughtfully configured as an office with built-in desk and shelving (which convey) and an adjacent full bath. Elegant polished marble flooring enhances the living area, flowing effortlessly to a private patio perfect for enjoying the coastal air. Additional highlights include updated bathrooms, crown molding, wood stairs with wrought iron railings, and abundant glass doors for a light, open feel. Major upgrades include a brand-new Trane A/C system, hurricane shutters, and a king-size Rheem water heater. The oversized tandem two-car garage features built-in storage cabinets and extra closet space. French doors with screen sliders open from the ground level to a private patio—ideal for relaxing or entertaining. Cutter Cove residents enjoy resort-style amenities including a sparkling pool and hot tub spa surrounded by tiki huts. With convenient access to shopping, dining, and the beach, this home delivers the very best of the Island Estates lifestyle—now attractively priced for a timely sale.
Estimated monthly payment
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
- Status: ActiveJul 19, 2026
- Listed$479,000Jul 19, 2026
- Price increased$479,000
Facts & features
- Property type
- Residential
- Sub type
- Townhouse
- Status
- Active
- Days on market
- 1
- Subdivision
- Cutter Cove Condo
- County
- Pinellas
- Year built
- 1994
- Living area
- 1,700 sq ft
- Price/sq ft
- $282
- Lot size
- 0 sq ft
- Lot category
- Non-Applicable
- Flood zone
- AE (12103C0102H)
- Garage
- 2 spaces
- Annual taxes
- $3,680 (2024)
- Parcel #
- 08-29-15-20194-002-0605
- MLS #
- TB8529655
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 3
- Flooring
- Carpet, Tile, Vinyl
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Washer, Wine Refrigerator
- Interior features
- Living Room/Dining Room Combo
- Laundry
- Laundry Room
- Stories / Levels
- Three Or More
- Direction faces
- West
Heating & Cooling
- Heating
- Central
- 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
- Resource Property Management
- 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 with HOA.
- Approval process
- Confirm with HOA.
Exterior & Construction
- Exterior features
- Balcony, French Doors, Hurricane Shutters, Sliding Doors
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Block, Slab
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available, Water Available
Community
- Pets allowed
- Size Limit
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Second | 9x11 |
| Living Room | Second | 15x15 |
| Primary Bedroom | Third | 12x15 |
Listing Details
- Listing date
- 2026-07-19
- On market date
- 2026-07-19
- Original list price
- $479,000
- Occupant type
- Vacant
- MLS area
- 33767 - Clearwater/Clearwater Beach
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-07-19
- Tax legal description
- CUTTER COVE CONDO ( PHASE 2 ) BLDG 6, UNIT 605
Flood risk
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
Drive West on Memorial Causeway, right on Island way, left to 320 Island way.
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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 July 20, 2026 at 11:01 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.
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