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136 WINDWARD ISLAND
About This Property
Welcome to 136 Windward Island, located in the desirable community of Island Estates in Clearwater Beach, this beautifully remodeled 5-bedroom, 3-bath waterfront home offers nearly 2,400 heated square feet of well-designed living space on an oversized lot with 84 linear feet of waterfront and western exposure for sunset views.
The home welcomes you through a new double-door entry, opening to expansive water views that extend through the main living areas toward the pool and outdoor living space. The open layout is ideal for both everyday living and entertaining.
The gourmet kitchen features a large center island, granite countertops, and solid wood cabinetry, and flows seamlessly into the spacious family room with custom built-ins and an ideal space for a TV or fireplace. Hurricane-rated windows and sliding glass doors enhance natural light while providing added durability and storm protection.
The primary suite includes an upgraded ensuite bath with double vanities, a remodeled shower, and updated plumbing (2019). Additional improvements include luxury vinyl flooring, new AC units (2019), and a hurricane-rated garage door (2019).
Outdoor living is highlighted by an extra-large pool, a waterfront seating area along the seawall, and a DOCK with two boat lifts, which have bern updated with 2 new motors and belts and Electric panel, offering convenient boating access and protected mooring.
Island Estates offers close proximity to Clearwater Beach, along with nearby restaurants, grocery stores, banks, and everyday conveniences closeby, providing a well-rounded coastal lifestyle.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Sold | ||
| Sold | |||
| Jul 31, 2026 | In contract | - | |
| In contract | |||
| Jun 1, 2026 | Price Decreased |
$1,690,000
↓ $59K
(3.4%) | |
| Price Decreased | |||
| Feb 7, 2026 | Listed by COLDWELL BANKER REALTY | $1,749,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| Feb 9, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017