
31 ISLAND WAY UNIT 605, CLEARWATER BEACH, FL, 33767
Active312 days on marketListed Sep 26, 2025MLS #TB8432005
About this home
31 ISLAND WAY UNIT 605
<<<Seller MOTIVATED - 1st four (4)-months of Condo fees paid at closing: $1,130/Month x 4 Months = $4,520 >>>NEW PRICING!!! Whether it's your primary home or second home you won't find views any better than here! And only minutes to the white sandy beach of Clearwater offering dining, shopping and laid back fun! Island Estates is one of the most sought-after enclaves in the Clearwater Beach region. Comprising four islands and a charming retail area that includes a unique Publix market and a variety of shops, it also features the amazing Clearwater Marine Aquarium, neighborhood eateries including the famed Island Way Grill. Seconds from the Clearwater Memorial Causeway and minutes from one of the most beautiful beaches in the world, biking and running trails, as well as Imagine Clearwater, the newer 24-acre waterfront park/plaza with covered amphitheater, this one-time hurricane shelter was purchased by residents in the early 1960s to create a distinctive dwelling. Nestled on the intracoastal, off Florida’s mainland, a panoramic water landscape lends the shoreline experience to this lovely 1 bedroom/1 bath home. The amenity-rich building includes private storage closets off every hallway to accommodate seasonal décor and supplies, complimentary laundry rooms on each floor, boat slips on a first come first serve basis with an additional monthly fee, bike storage, a glistening geo-thermal heated pool framed by chaises, a fishing pier, grilling stations, and The Point: a waterfront structure that offers yet another tranquil place to unwind. An incredibly spacious lobby boasts comfy furniture, views of the pool, a secure package room, a lending library, a community kitchen, and a huge multi-purpose meeting room. A variety of clubs and activities are run by residents while several committees are available to feed your volunteer's soul. Impeccably managed by its full-time, onsite property manager and staff, the monthly fees include basic cable, lobby Wi-Fi, electric, water, sewer, trash, and building maintenance. The dedicated board of directors have initiated some tremendous cost savings and improvements to benefit the shareholders’ investment including energy efficient boilers, upgraded A/C and elevators, NEWER fitness center, NEWER entry security, and NEWER Miami Dade spec windows on the lobby level. Inside this cozy unit on the sixth floor, walk into the “wow factor” where floor to ceiling sliders reveal dramatic water vistas.
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
1,005
Sqft
2.81 ac
Lot size
1962
Year built
One
Levels
$234
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,684 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,684/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+2.7%
$/sqft vs HORIZON HOUSE CO-OP
$234 vs $274
Days on market
312 vs 75 typical
Where $234/sqft sits among the 8 homes for sale in HORIZON HOUSE CO-OP
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Island Estate
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Clearwater Beach. See the full Clearwater Beach guide →
Island Estate — neighborhood snapshot
Population
2,783
Median age
62
Median income
$108,222
Median home value
$631,400
Avg household
2
Households w/ children
223
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Clearwater Beach market
$535K → $905K
Clearwater Beach median sold, yr/yr
93.9%
Sale-to-list ratio (12 mo)
2 of 8
HORIZON HOUSE CO-OP have cut their price
Median sold price, Clearwater Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 57% below the CLEARWATER BEACH 33767 median. See the full Clearwater Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 31 ISLAND WAY UNIT 605
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$250,000
31 ISLAND WAY UNIT 505 · same community
1 bd · 1 ba · 1,005 sqft · $249/sqft · 36 DOM
Sold · Mar ’26$230,000
31 ISLAND WAY UNIT 303 · same community
1 bd · 1 ba · 995 sqft · $231/sqft · 26 DOM
Sold · Mar ’26$263,000
31 ISLAND WAY UNIT 1107 · same community
2 bd · 2 ba · 1,295 sqft · $203/sqft · 153 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 31 ISLAND WAY UNIT 605 — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 31 ISLAND WAY UNIT 605 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
31 ISLAND WAY UNIT 605 FAQs
What would the monthly payment be for 31 ISLAND WAY UNIT 605?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,684/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 31 ISLAND WAY UNIT 605?+
The most recent tax bill on record (2024) was $439. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 31 ISLAND WAY UNIT 605?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Clearwater Beach?+
At $235,000, this home is listed about 71% below the Clearwater Beach median of $799,000. The market section on this page shows how the area is trending.
Which schools are assigned to 31 ISLAND WAY UNIT 605?+
Sandy Lane Elementary School (elementary), Dunedin Highland Middle School (middle), Clearwater High School (high) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Under the CLEARWATER BEACH 33767 market on paper
$235,000 is 57% below the CLEARWATER BEACH 33767 median of $550,000, and at $234/sqft it sits under the Clearwater Beach average of $670.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
312 days on market against a Clearwater Beach median of 75 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Sandy Lane Elementary School, Dunedin Highland Middle School, Clearwater High School — Dunedin Highland Middle School rates 4 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $250,000, now $235,000 — a $15K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX ACTION FIRST OF FLORIDA · Lori Crawford. MLS #TB8432005.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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