by Global Lifestyle Properties

See Home Value
$1,510,000
● House - Off Market

481 Island WAY

CLEARWATER, FL 33767
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,080 Ft²
$8,996
Est. Monthly
2.01%
Cap Rate

About This Property

One or more photo(s) has been virtually staged. Welcome to your dream home! This stunning open waterfront oasis offers an exceptional living experience that will take your breath away. With a split bedroom plan, including a Master bedroom with an En-suite bath on one side of the house, and three additional bedrooms and two baths on the other side, this property provides ample space for comfortable living.

As soon as you step inside, you'll be mesmerized by the breathtaking water view. Imagine waking up each morning to the sight of glistening water right outside your window. Step outside, and you'll discover a world of relaxation and entertainment in your very own backyard. The pool and large patio area invite you to take a refreshing swim or lounge poolside while soaking up the sun. The boat lift, capable of accommodating up to 15k pounds and vessels up to 30 ft, allows you to indulge in weekend adventures on the water.

The interior of the house boasts numerous features that enhance its appeal. The Great Room provides additional space for gathering with loved ones or simply unwinding after a long day with a fireplace, LED recessed lighting, and arched ceiling with large sliders and windows for the view of a lifetime. Additional updates in this home include beautiful wood cabinets with granite counters, porcelain plank floors, granite sills, AC system with a 5-ton capacity and 14 seer rating unit installed (2008) which ensures optimal climate control throughout the year. The electrical system has also been upgraded to a 200-amp service, and a Gas Rinnai tankless water heater (2022) ensures on-demand hot water. You will also enjoy the two safes for your valuables and peace of mind.

Special exterior upgrades include a jetted water line with epoxy lining, and rain gutters that flow into a downspout to the canal. Enjoy the best of Clearwater Beach in this community, with Publix Grocery Stores, Restaurants, Banks, and more just around the corner. Don't forget about the Clearwater Marine Aquarium just a short distance away. You can ride the Jolly Trolley to the beach or take a short walk to the Sugar Sands of Clearwater Beach.

A short drive to Tampa International or St. Pete/Clearwater airports or all the entertainment that Tampa Bay has to offer. This property truly offers a lifestyle of luxury and relaxation. Don't miss out on the chance to experience the beauty of 481 Island Way firsthand. Contact us today to schedule a viewing and start living the life you deserve!
Unit Size
3,080 Ft²
Days on Market
394 days
Land Size
0.24 acres
Price per sqft
$552
Property Type
House
Property Taxes
$648
HOA Dues
-
Year Built
1968

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Last updated: 3 years ago (Stellar MLS #U8208454)

Price History

Date / Event Date Event Price
Aug 27, 2024 Sold
Sold
Aug 13, 2024 In contract -
In contract
Jul 30, 2024 Price Decreased $1,700,000
↓ $149K (8.1%)
Price Decreased
May 20, 2024 Price Decreased $1,849,000
↓ $150K (7.5%)
Price Decreased
Apr 9, 2024 Relisted $1,999,000
Relisted
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Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 2
  • Interior Walls Type: 16
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 71

    Dimensions

  • Lot Size Square Feet: 11,182
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,822
  • Gross Building Area: 3,822
  • Building Area: 3,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,080
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ISLAND ESTATES OF
  • Land Acres: 0000000257
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: ISLAND ESTATES OF CLEARWATER UNIT 6-B LOT 108 & S 5 OF LOT 107

Neighborhood

  • School District Name: Pinellas County School District
  • Census Tract: 026001

Geography

  • Assessors Map Reference: 77
  • Account Number: R44613
  • District: CW
  • Subdivision Tract Number: 43434
  • Parcel: 05-29-15-43434-000-1080
  • Lot: 108
  • Meridian: SEC 5 TWN 29S RNG 15E
  • Municipality: CLEARWATER
  • Latitude: 27.9842
  • Longitude: -82.8175

    Address

  • Full Address: 481 Island Way
  • Address - House Number: 481
  • Address - Street Name: Island
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Clearwater Beach
  • Carrier Code: C061
  • 4-Digit Zip Code: 2145
  • Zip Code: 33767

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $778,079
  • Tax Rate Code Area: CW

    Appraisal Valuation

  • Standard Deviation: 0.0868
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 1,891,062
  • High Value: 2,055,370
  • Low Value: 1,726,754

    Market Valuation

  • Market Total Value: $1,165,228
  • Market Land Value: $885,824
  • Market Improvement Value: $279,404

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $444,048

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Aug 25, 1997
  • Current Sale Price:
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Island Estate


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Frequently Asked Questions

When was property at 481 Island Way built and last sold?
The property at 481 Island Way was built in 1968 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 481 Island Way is $0.
What are some comparable homes to 481 Island Way?
There are currently no comparable homes to 481 Island Way.