
$1,990,000
487 Island WayClearwater Beach, FL 33767
Listing updated: November 10, 2026 at 7:04 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
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
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
- Status: ActiveNov 7, 2026
- Listed$1,990,000Nov 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
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
| Room | Level | Dimensions |
|---|---|---|
| Great Room | First | 18x28 |
| Dining Room | First | 12x13 |
| Living Room | First | 17x18 |
| Kitchen | First | 13x18 |
| Primary Bedroom | First | 12x18 |
| Bedroom 2 | First | 10x14 |
| Bedroom 3 | First | 12x15 |
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
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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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.
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