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.
For sale
$479,000
320 ISLAND WAY #605, CLEARWATER BEACH, FL 33767
3beds
1,700sqft
Townhouse
Built in 1994
-- sqft lot
$453,500 Zestimate®
$282/sqft
$946/mo HOA
What's special
Beautifully updated three-level residenceHurricane shuttersUpdated bathroomsCrown molding
- 45 days
- 233
- 6
Zillow last checked:
Listing updated:
Listed by:
Lindsay Irwin 603-969-6132,
COASTAL PROPERTIES GROUP INTERNATIONAL 727-493-1555
Source: Stellar MLS,MLS#: TB8529655
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Built-in Closet
- Level: Third
- Area: 180 Square Feet
- Dimensions: 12x15
Kitchen
- Features: No Closet
- Level: Second
- Area: 99 Square Feet
- Dimensions: 9x11
Living room
- Level: Second
- Area: 225 Square Feet
- Dimensions: 15x15
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Wine Refrigerator
- Laundry: Laundry Room
Features
- Living Room/Dining Room Combo
- Flooring: Carpet, Tile, Vinyl
- Doors: French Doors, Sliding Doors
- Windows: Hurricane Shutters
- Has fireplace: No
Interior area
- Total structure area: 1,700
- Total interior livable area: 1,700 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Exterior features: Balcony
- Has view: Yes
- View description: Intracoastal Waterway
- Has water view: Yes
- Water view: Intracoastal Waterway
Details
- Parcel number: 082915201940020605
- Special conditions: None
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Wood Frame
- Foundation: Block, Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Water Available
Community & HOA
Community
- Features: Buyer Approval Required, Clubhouse, Pool, Sidewalks
- Pet fee: $0 monthly
- Subdivision: CUTTER COVE CONDO
HOA
- Has HOA: Yes
- Services included: Community Pool, Reserve Fund, Insurance
- HOA fee: $946 monthly
- HOA name: Resource Property Management
Location
- Region: Clearwater
Financial & listing details
- Price per square foot: $282/sqft
- Tax assessed value: $373,532
- Annual tax amount: $3,680
- Date on market: 7/19/2026
- Cumulative days on market: 45 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$453,500
$431,000 - $476,000
$4,329/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/19/2026 | Listed for sale | $479,000-1.2%$282/sqft |
Source: | ||
| 5/18/2026 | Listing removed | $485,000$285/sqft |
Source: | ||
| 3/9/2026 | Price change | $485,000-2%$285/sqft |
Source: | ||
| 1/11/2026 | Price change | $495,000-3.9%$291/sqft |
Source: | ||
| 11/21/2025 | Listed for sale | $515,000+63.5%$303/sqft |
Source: | ||
| 8/1/2017 | Sold | $315,000-4.5%$185/sqft |
Source: Public Record Report a problem | ||
| 6/6/2017 | Pending sale | $330,000$194/sqft |
Source: Belleair Office #U7821063 Report a problem | ||
| 6/1/2017 | Listed for sale | $330,000+153.8%$194/sqft |
Source: BHHS FLORIDA PROPERTIES #U7821063 Report a problem | ||
| 4/20/2000 | Sold | $130,000+8.4%$76/sqft |
Source: Public Record Report a problem | ||
| 5/2/1994 | Sold | $119,900$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,891 +5.7% | $243,403 +2.9% |
| 2024 | $3,680 +1.9% | $236,543 +3% |
| 2023 | $3,611 +3.1% | $229,653 +3% |
| 2022 | $3,503 -1.1% | $222,964 +3% |
| 2021 | $3,541 +0.4% | $216,470 +1.4% |
| 2020 | $3,526 +2% | $213,481 +2.3% |
| 2019 | $3,458 | $208,681 +1.9% |
| 2018 | $3,458 +1.5% | $204,790 +23% |
| 2017 | $3,406 +42.1% | $166,508 +2.1% |
| 2016 | $2,397 -1.6% | $163,083 +0.7% |
| 2015 | $2,436 +0.6% | $161,949 +0.8% |
| 2014 | $2,420 +0.8% | $160,664 +1.5% |
| 2013 | $2,400 +2.2% | $158,290 +1.7% |
| 2012 | $2,348 | $155,644 +0.3% |
| 2011 | -- | $155,179 +1.5% |
| 2010 | -- | $152,886 +1.7% |
| 2009 | -- | $150,323 +0.1% |
| 2008 | $2,123 | $150,173 +3% |
| 2007 | -- | $145,799 -43.6% |
| 2005 | -- | $258,300 +21.4% |
| 2004 | $2,506 +1.8% | $212,800 +31% |
| 2003 | $2,461 +5% | $162,400 +14.9% |
| 2002 | $2,344 | $141,400 +11.8% |
| 2001 | $2,344 -10.6% | $126,500 +11% |
| 2000 | $2,621 | $114,000 |
Find assessor info on the county website
Monthly payment
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