400 Island WAY, #401, Clearwater Beach, FL, 33767 | $329,000

Under contract-accepting backup offers. BACK ON MARKET! Buyer's financing fell through - their loss. . . your gain! Welcome to beautiful Island Way in CLEARWATER BEACH! Clipper Cove welcomes all ages, making this community a great choice for personal and/or investment use. This condo, unlike most in the area, allows leasing immediately after purchase, as well as allowing 3-month leasing terms! Purchase this condo as a full-time investment OR enjoy the benefits of your own beach dream home that will provide additional income if desired. Priced to sell, this is your opportunity to make it your own! Once you have chosen your upgrades, this condo has all the amenities for the ultimate Florida lifestyle. This coveted private, west facing corner unit allows more square footage and natural light, as well as two (not one) spacious balconies off the 3 sliding doors. Imagine having coffee in the morning overlooking the lush pool area or winding down your day with a cocktail and amazing sunset views over the Gulf of Mexico! Your two bedroom/two bath condo has large storage closets in the foyer, a large living room, an indoor washer/dryer closet, and the primary bedroom has three large closets – plenty of storage! Looking for an abundance of amenities? You definitely get your bang for your buck here! Like to entertain? You and your guests will love the large heated pool and extra-large heated spa, with outdoor grills and plenty of seating and shade under the tiki huts. In addition to your own covered parking space, keeping your car out of the hot sun, there’s plenty of guest parking. There are two designated areas for bicycles. Clipper Cove has two community rooms to enjoy: the casual Captain’s Cabin is a great place to mingle and play a game of pool; and the Yacht Club is perfect for a private event and can be reserved with a refundable deposit. No need for a gym membership with a 24-hour fitness room, showers, and his/her saunas! The community laundry room is also open 24 hours. Aside from insurance and reserves, your monthly association fee also includes cable, internet, trash and water. Now let’s talk about LOCATION! If you’re not familiar with Island Way, this highly desired area offers its residents the convenience of local businesses; no need to drive across the causeway every day! Two doors down is a shopping plaza with a Publix/Pharmacy, nail salon, UPS store, and an urgent care facility. A sushi restaurant is around the corner, and Island Way Grill is down the street. There’s also a gas station and two well-known banks. And, always a treat, the famous Clearwater Marine Aquarium is also around the corner. Another major convenience is the red light at the causeway intersection, which allows easier and faster access to the beach or the mainland! The main attraction, Clearwater Beach, is just a quick stroll, bike ride, or Jolly Trolley ride. Enjoy the beautiful soft white sand, restaurants, shops, and events without ever having to pay for parking. Ready to explore your neighboring communities? The Jolly Trolley can also take you for a fun day trip through Dunedin, Palm Harbor, and all the way to Tarpon Springs. When traveling to and from your new condo, Tampa International and St. Pete – Clearwater International Airport are 30-45 minutes away. Clearwater Beach lifestyle truly is Livin’ the Florida Dream!

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Maintenance, Pool, Sauna, Spa/Hot Tub
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area, Inside
  • Complex: STARBOARD TOWER
  • Year Built: 1978
  • Approx Sq. Feet: 1,390
  • Acreage: 2.93
  • Est. Taxes: $5,505
  • Condo Fee: $850 Monthly
  • Lot Desc: Flood Insurance Required, FloodZone, Near Public Transit, Sidewalk
  • View: Pool, Water
  • Elem. School: Sandy Lane Elementary-PN
  • Middle School: Dunedin Highland Middle-PN
  • High School: Clearwater High-PN
  • Pet Policy: No
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: U8238708
  • Days on Market: 36 days
  • Website: https://www.raveis.com
    /prop/U8238708/400islandway_clearwaterbeach_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 9/28/2024 11:17:09 AM)
Listing courtesy of FUTURE HOME REALTY INC   Phone: 813-855-4982

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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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400 Island WAY, #401, Clearwater Beach, FL, 33767

$329,000

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 $263,200 $263,200 $263,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.512% 6.273% 5.248%
Monthly Tax Payment $459 $459 $459
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,642 $1,599 $2,080
Total Monthly Payment $2,176 $2,133 $2,614

* 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.