487 Island Way, FL
Stellar MLS
1 / 1

$1,990,000

487 Island WayClearwater Beach, FL 33767

Listing updated: November 10, 2026 at 7:04 AM ET

Active
Stellar MLSListing courtesy of Lpt Realty, Llc. · Oleg Shypitsyn · MLS #TB8563192 · Active · 877-366-2213
3
Beds
3
Baths
2,926
Sq Ft
0.24
Acres
1969
Built
◆Waterfront◆Water access◆Private pool◆$680/sqft
Single Family Residence

Property type

1969

Year built

10,293 sqft

Lot size

$680

Price / sq ft

No HOA

HOA dues

3

Days on market

2

Garage spaces

AE

Flood zone

About this home

WELCOME TO WATERFRONT PARADISE IN CLEARWATER BEACH! SPECTACULAR CHANNEL VIEWS, PRIVATE DOCK, SALTWATER POOL, AND THE WORLD-FAMOUS CLEARWATER BEACH JUST MINUTES AWAY! Discover the Florida coastal lifestyle you've always imagined at 487 Island Way, located in the highly desirable ISLAND ESTATES waterfront community. Imagine waking up to breathtaking, UNOBSTRUCTED WATER VIEWS, enjoying your morning coffee overlooking the channel, spending afternoons cruising the Intracoastal Waterway, and returning home to your own PRIVATE TROPICAL RETREAT. Offering 2,926 SQ FT of living space, this spacious SINGLE-STORY residence features 3 BEDROOMS, 2 FULL BATHROOMS, 1 HALF BATH, and an exceptional combination of waterfront living, comfort, and privacy. From the moment you enter, expansive living areas and picturesque water views create an inviting atmosphere. The impressive 18-by-28-foot GREAT ROOM features custom built-ins and generous space for entertaining, while the kitchen offers GRANITE COUNTERTOPS, rich wood cabinetry, and beautiful views of the water. The PRIMARY SUITE provides a peaceful retreat with a walk-in closet and waterfront scenery. Step outside and experience what makes this property truly special. A spacious pool deck surrounds your PRIVATE SALTWATER SWIMMING POOL, complemented by an outdoor shower, beautifully maintained landscaping, tropical palm trees, and privacy fencing. With approximately 60 FEET OF INTRACOASTAL WATERFRONT, a PRIVATE DOCK, and BOAT LIFT, your next boating adventure begins right in your backyard. Enjoy boating, fishing, paddleboarding, or simply watching boats glide along the channel from the comfort of home. Additional highlights include a 2-CAR GARAGE with epoxy flooring and overhead storage, a generous driveway, a full-size laundry room, a built-in speaker system, water filtration, and a water softener. Storm-protection features include ANDERSEN WINDOWS AND SLIDING GLASS DOORS, ELECTRIC ROLL-DOWN STORM SHUTTERS, ACCORDION SHUTTERS, and protective window coverings. The home also features a HIGH-EFFICIENCY CARRIER HVAC SYSTEM installed in 2018. According to the seller's description, the property DID NOT EXPERIENCE FLOODING DURING RECENT HURRICANES. Beyond your front door, ISLAND ESTATES offers one of Clearwater's most desirable coastal lifestyles. Enjoy convenient access to PUBLIX, WATERFRONT DINING, LOCAL RESTAURANTS, and the renowned CLEARWATER MARINE AQUARIUM. Just minutes away, discover the shimmering sands and turquoise Gulf waters of CLEARWATER BEACH, the natural beauty of SAND KEY PARK, the waterfront energy of PIER 60, and the restaurants, entertainment, and spectacular sunsets that make this destination famous. Explore the area by bicycle, car, or JOLLEY TROLLEY while enjoying the convenience of nearby shopping and everyday essentials. With NO HOA FEES, an approximately QUARTER-ACRE LOT, generous indoor and outdoor entertaining areas, and an exceptional waterfront setting, this property offers the opportunity to enjoy the Florida lifestyle every day. THIS IS MORE THAN A HOME - IT'S YOUR PRIVATE WATERFRONT ESCAPE. EXPERIENCE ISLAND ESTATES LIVING AND SCHEDULE YOUR PRIVATE SHOWING TODAY!

Estimated monthly payment

Principal & interest$10,063
Property taxes$1,616
Home insurance (est.)$912

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 history3 days on market

  1. Status: Active
    Nov 7, 2026
  2. Listed$1,990,000
    Nov 7, 2026

Property Documents

Documents the listing agent has made public for this property. Free to view and download.

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
3
Subdivision
Island Estates Of Clearwater Unit 6-B
County
Pinellas
Year built
1969
Living area
2,926 sq ft
Price/sq ft
$680
Building area
3,848 sq ft (Public Records)
Lot size
10,293 sq ft
Lot category
0 to less than 1/4
Flood zone
AE (12103C0102H)
Garage
2 spaces
Pool
Private pool
Annual taxes
$19,391 (2025)
Parcel #
05-29-15-43434-000-1070
MLS #
TB8563192

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Interior Details

Bedrooms
3
Full bathrooms
2
Half bathrooms
1
Flooring
Carpet, Ceramic Tile
Appliances
Dishwasher, Dryer, Range, Washer
Interior features
Ceiling Fans(s), Primary Bedroom Main Floor, Walk-In Closet(s)
Laundry
Laundry Room
Stories / Levels
One
Direction faces
West

Heating & Cooling

Heating
Central
Cooling
Central Air

Parking

Garage spaces
2
Attached garage
No

HOA & Financial

Total monthly fees
None
Total annual fees
None
CDD
No
Min lease term
1 Month
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No
Additional lease restrictions
Per city of Clearwater

Exterior & Construction

Exterior features
Hurricane Shutters
Construction materials
Block, Stucco
Roof
Tile
Foundation
Slab
Pool
Private pool
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Paved

Utilities

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

Community

Pets allowed
Yes

Schools

ElementarySandy Lane Elementary-PNGreatSchools ↗
MiddleDunedin Highland Middle-PNGreatSchools ↗
High SchoolClearwater High-PNGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
Great RoomFirst18x28
Dining RoomFirst12x13
Living RoomFirst17x18
KitchenFirst13x18
Primary BedroomFirst12x18
Bedroom 2First10x14
Bedroom 3First12x15

Listing Details

Listing date
2026-11-03
On market date
2026-11-07
Original list price
$1,990,000
Occupant type
Vacant
MLS area
33767 - Clearwater/Clearwater Beach
Listing AOR
Suncoast Tampa
Status changed
2026-11-07
Tax legal description
ISLAND ESTATES OF CLEARWATER UNIT 6-B N'LY 75' OF LOT 107

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

Memorial Causeway to Island Estates, turn north on Island Way to 487 Island Way

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MLS GRID

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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 November 10, 2026 at 7:04 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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