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Sold for $845,000
  • $845,000

    501 Island Way, Clearwater, FL 33767

    3beds
    1,944sqft
    Single Family Residence
    Built in 1966
    10,603 Square Feet Lot
    $835,100 Zestimate®
    $435/sqft
    $5,348 Estimated rent

    Home value

    $835,100

    $768,000 - $910,000

    $5,348/mo

    Zestimate® history
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    $5,767/mo

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    $5,767/mo

    Est. payment

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    What's special

    NEW HOT PRICE TO SELL, $100K BELOW ORIGINAL, HIGH VALUE LOCATION, ISLAND ESTATES (affectionately known as the Beverly Hills of Clearwater!), COMPLETELY UPDATED, MODERN LUXURY, BEST U.S. BEACHES, NO HOA, NO CDD! Make your Florida dream a reality. Welcome home to 501 Island Way; an opportunity to purchase a great primary home or investment property ($6,500 monthly rental income potential) at Island Estates, amazingly the only SFR for under a million dollars! Enjoy the feel and look of new, with this completely remodeled home on a spacious corner lot. Located on the very desirable tropical paradise on Island Estates, you will love living here! Island Estates is a quiet island neighborhood in Clearwater Bay, home to the Clearwater Marine Aquarium, the inspiration and set for the amazing true stories of the Dolphin Tale movies. Come live the peaceful Island Life while enjoying plentiful convenient amenities. The residential upscale waterfront community on Clearwater Bay, is renowned for its walkability to everything one needs; dining, shopping, grocery stores, beautiful Clearwater beach, fleet of charter fishing and sightseeing vessels, and rental of watercrafts, are just a few mins away! (3-9 mins car/bike ride, 10-35 mins walk). Access by boat from local marinas to the Gulf of Mexico through the Clearwater Intracoastal (15mins). Clearwater beach has been named #1 in the U.S. in 2016, 2018, 2019 and 2021 and #5 in the World (2021), # 1 in the South (2023), is only 1.6 miles from this beautifully appointed home. All this without any HOA or Condo Fees! This is a spacious single-family 3 bed / 2 bath home tastefully remodeled with all modern fixtures. Delight your family and friends with the wow effect of an open concept home with a sizeable kitchen, granite countertops, new stainless-steel appliances, new cabinetry, beautifully tiled flooring throughout the kitchen and dining area, and a large island with cabinets and butler’s pantry. Great for entertaining, the broad living room space opens into an airy and expansive Florida room with its own full bar area, and end to end windows that bring in bright light throughout the living space. There is abundant additional space for big gatherings and meals with a large modern dining area that includes 6’ sliders leading to the patio. The en suite and second bath are both remodeled including new tile, cabinetry, glass shower doors and beautiful fixtures. The primary and two guest bedrooms are all generously spaced rooms for comfort and convenience. This home is 35 miles from Tampa International Airport and less than 25 miles from NFL, MLB, NHL games in Tampa/St Pete area. Additional features and recent upgrades: The complete interior remodel was done 2022/2023. New laminate floors in all bedrooms and main living spaces. New Paint on interior and exterior and the spacious two car garage has new epoxy flooring. A new paver tile wrap-around patio has been installed. Other improvements include the installation of a new main water line from the meter. Kitchen & baths, new plumbing. Electric Panel upgrade- 200 Amps. New fully furnished Pergola with roof that can support deck. A new HVAC (2019) and water heater (2022). Hurricane windows with lifetime transferrable warranty. New roof with 50-year shingle, with transferrable warranty (2021). Additionally, Orkin termite Service Agreement is fully paid through June 2024. All furniture & TVs convey. A one-year Home Warranty will be provided to buyers.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Frank Chaviano 941-259-1988,

    KW COASTAL LIVING III 941-900-4151

    Bought with:

    Michelle Chenault, 3229381

    COLDWELL BANKER REALTY

    Marlene Brown, 3335176

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4591113MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: En Suite Bathroom, Rain Shower Head, Shower No Tub, Single Vanity, Stone Counters, Walk-In Closet(s)
    • Level: First
    • Dimensions: 15x12
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 12x14
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    Bathroom 1
    • Features: Dual Sinks, Granite Counters, Rain Shower Head
    • Level: First
    Florida room
    • Features: Bar
    • Level: First
    • Dimensions: 11x22
    Kitchen
    • Features: Built-In Shelving, Granite Counters, Kitchen Island
    • Level: First
    • Dimensions: 12x14
    Living room
    • Level: First
    • Dimensions: 16x22
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Range, Refrigerator
    • Laundry: In Garage
    Features
    • Built-in Features, Eating Space In Kitchen, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Tray Ceiling(s)
    • Flooring: Laminate, Tile
    • Doors: Outdoor Shower, Sliding Doors
    • Windows: Storm Window(s)
    • Has fireplace: No
    Interior area
    • Total structure area: 2,520
    • Total interior livable area: 1,944 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage Faces Side
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Irrigation System, Lighting, Outdoor Shower, Rain Gutters, Sidewalk
    • Fencing: Fenced
    Lot
    • Size: 10,603 sqft
    • Dimensions: 103 x 103
    Details
    • Parcel number: 052915434340000740
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1966

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Clearwater
    • Subdivision: ISLAND ESTATES OF CLEARWATER UNIT 6-B

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/4/2024Sold$845,000+87.8%$435/sqft
    Source: Stellar MLS #A4591113 Report a problem
    11/2/2020Sold$450,000-25%$231/sqft
    Source: Public Record Report a problem
    6/18/2018Sold$600,000+100%$309/sqft
    Source: Public Record Report a problem
    4/7/2017Sold$300,000+10.1%$154/sqft
    Source: Public Record Report a problem
    12/10/2008Sold$272,500-61.3%$140/sqft
    Source: Public Record Report a problem
    4/9/2007Sold$705,000+41%$363/sqft
    Source: Public Record Report a problem
    1/27/2006Sold$500,000$257/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$12,480 +3.2%$630,513 +10%
    2023$12,095 +11.6%$573,194 +10.3%
    2022$10,837 +12.9%$519,444 +10%
    2021$9,596 +14.3%$472,222 +15.8%
    2020$8,397 +4.6%$407,882 +5.5%
    2019$8,029 $386,787 +32.1%
    2018$8,029 +31.1%$292,707 +4.4%
    2017$6,122 +20.3%$280,504 +14.2%
    2016$5,091 -1.7%$245,672 +0.4%
    2015$5,180 +5.5%$244,657 +5.9%
    2014$4,912 +7.2%$231,047 +8.3%
    2013$4,584 +10%$213,248 +9.9%
    2012$4,167 $194,019 +0.6%
    2011-- $192,880 -12.8%
    2010-- $221,302 -2.7%
    2009-- $227,424 -33.1%
    2008$6,922 $340,000 -16.2%
    2007-- $405,500 +31.2%
    2005-- $309,100 +15.6%
    2004$4,782 +1.6%$267,300 +16.8%
    2003$4,707 +23.6%$228,900 +3.5%
    2002$3,809 $221,200 +34.1%
    2001$3,809 +29.2%$164,900 +28.6%
    2000$2,948 $128,200

    Find assessor info on the county website

    Neighborhood: Island Estate

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sandy Lane Elementary-PN
    • Middle: Dunedin Highland Middle-PN
    • High: Clearwater High-PN

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $835,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $835,100