121 ISLAND WAY UNIT 331, CLEARWATER BEACH, FL, 33767
Active121 days on marketListed Apr 3, 2026MLS #TB8492545
About this home
121 ISLAND WAY UNIT 331
Best priced 2/2 on the island! Welcome to the Islander, a 55+ active condo community ideally located on Island Estates with an easy walk, bike or beach trolley to Clearwater Beach, a few minutes away. This 3rd floor end unit offers you the opportunity to reside full time or choose to occupy the condo part time and create rental income with a minimum 90 day lease. This kind of flexibility doesn't exist in many condo complexes. This condo is equipped with impact rated doors and windows providing a quiet and peaceful environment. Open a couple of windows or doors and enjoy the cool breezes off the Gulf. The kitchen has been tastefully updated with newer cabinetry, granite countertops, soft-close drawers, and stainless appliances. Both baths, living and dining room flooring,interior doors and hardware, and the electrical panel have all been upgraded as well. Enjoy a morning swim in the heated pool or relax in the heated spa or just enjoy your coffee poolside while watching for dolphins in the saltwater canal. Assigned under building parking, personal storage closet, and keyed entry into your building add to the comfort and security at the Islander. Publix is directly across the street from your building, and the Clearwater Marine Aquarium is a short 2 blocks away. Several shops, eateries and entertainment are located nearby. Grab your piece of the Florida lifestyle and take advantage of the lowest priced 2/2 on Island Estates and Clearwater Beach as of 4/04/2026. If your goal is to live in a quiet condo community near the beach, and not pay top dollar, this may be for you. This condo is also available for lease.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,090
Sqft
1.97 ac
Lot size
1972
Year built
One
Levels
$211
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.
$2,071 /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
$2,071/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
−48.3%
$/sqft vs Clearwater Beach actives
$211 vs $565
Days on market
121 vs 84 typical
Where $211/sqft sits among the 282 Clearwater Beach actives
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 → $916K
Clearwater Beach median sold, yr/yr
93.9%
Sale-to-list ratio (12 mo)
122 of 282
Clearwater Beach actives have cut their price
Median sold price, Clearwater Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 59% 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 121 ISLAND WAY UNIT 331
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$284,000
105 ISLAND WAY UNIT 147 · same community
2 bd · 2 ba · 1,090 sqft · $261/sqft · 5 DOM
Sold · Sep ’25$335,000
628 CLEVELAND STREET UNIT 1208
1 bd · 2 ba · 1,094 sqft · $306/sqft · 123 DOM
Sold · Feb ’26$437,500
865 S GULFVIEW BOULEVARD UNIT 312
2 bd · 2 ba · 1,074 sqft · $407/sqft · 92 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 121 ISLAND WAY UNIT 331 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 121 ISLAND WAY UNIT 331 — 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
121 ISLAND WAY UNIT 331 FAQs
What would the monthly payment be for 121 ISLAND WAY UNIT 331?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,071/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 121 ISLAND WAY UNIT 331?+
The most recent tax bill on record (2025) was $5,475. 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 121 ISLAND WAY UNIT 331?+
The listing reports pets: Cats OK, Number Limit, Size Limit. 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 $229,900, this home is listed about 72% below the Clearwater Beach median of $808,600. The market section on this page shows how the area is trending.
Which schools are assigned to 121 ISLAND WAY UNIT 331?+
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.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS REALTY- PALM HARBOR · Rick Tennant. MLS #TB8492545.
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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