51 Island WAY, #501, Clearwater, FL, 33767 | $369,900

Under contract-accepting backup offers. Escape to your own tropical paradise just moments away from the renowned Clearwater Beach! This 2-bedroom , 2-bath END UNIT is rare and ideal for both seasonal visitors and permanent residents. As an end unit, it is highly coveted because it offers 2 balconies for maximum enjoyment. The large, oversized balcony is accessible from the Living Room area as well as the Primary bedroom, while the 2nd balcony is accessible from the second bedroom. Upon entering the front door, natural light floods the open floor plan including the main living and dining room spaces. This spacious property is in somewhat original condition and has been priced accordingly and could be updated and remodeled to be your beach dream getaway or full time home. BRING YOUR CONTRACTOR and or DESIGNER and make this property your own. Upgrades include Hurricane Shutters over the Sliding doors for extra protection. Discover this vibrant community at 51 Island Way on Island Estates, a hidden gem boasting an array of amenities such as boating, fishing, tennis, a heated pool and spa, Tiki Bar, kayak storage, Shuffleboard court and BBQ area, Conveniently located near the Clearwater Marine Aquarium, Island Way Grill, grocery stores, banks, and all essential shops. Take a short bike ride or hop on the Jolly Trolley to enjoy Clearwater Beach, Pier 60 and a variety of restaurants and entertainment. On-site management is a plus for homeowners. The Building is currently installing Sprinkler systems on each floor.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 12
  • Amenities: Elevator(s), Laundry, Maintenance, Pool, Storage, Tennis Court(s)
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Room
  • Complex: 51 ISLAND WAY CONDO
  • Year Built: 1978
  • Approx Sq. Feet: 966
  • Acreage: 2.56
  • Est. Taxes: $1,805
  • Condo Fee: $777 Monthly
  • Lot Desc: FloodZone, Level, Near Public Transit, Sidewalk
  • View: Water
  • Elem. School: Sandy Lane Elementary-PN
  • Middle School: Dunedin Highland Middle-PN
  • High School: Clearwater High-PN
  • Pet Policy: No
  • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
  • MLS#: U8230977
  • Days on Market: 261 days
  • Website: https://www.raveis.com
    /prop/U8230977/51islandway_clearwater_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/24/2024 2:37:24 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 727-581-9411

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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51 Island WAY, #501, Clearwater, FL, 33767

$369,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $295,920 $295,920 $295,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $150 $150 $150
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,969 $1,967 $2,537
Total Monthly Payment $2,194 $2,192 $2,762

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.