415 ISLAND WAY UNIT 402, CLEARWATER BEACH, FL, 33767
Active51 days on marketListed Jun 14, 2026MLS #TB8519137
About this home
415 ISLAND WAY UNIT 402
Experience elevated waterfront living at Azure at Island Estates, one of Clearwater Beach's most exclusive boutique luxury residences. Perfectly positioned along the Intracoastal Waterway, this exceptional unfurnished 3-bedroom, 2-bath condominium offered as an annual lease with approximately 1,800 square feet of beautiful living space where contemporary architecture, refined finishes, and breathtaking waterfront views create an extraordinary coastal lifestyle. Designed by renowned Floridian architect Frank Fraze, the residence welcomes you with soaring ceilings, an open-concept floor plan, and expansive impact-rated windows and sliding glass doors that flood the interior with natural light while framing peaceful water views. Imported ceramic tile flooring throughout the main living areas enhances the clean, modern aesthetic, while the designer kitchen features custom European-style cabinetry, stone countertops, premium finishes, and an effortless flow into the spacious living and dining areas—perfect for entertaining or simply enjoying everyday life by the water. The luxurious primary suite serves as a tranquil retreat with a spa-inspired bath featuring dual vanities and a frameless glass shower, while two additional bedrooms provide versatility for guests, family, or a dedicated home office. Every closet is outfitted with custom built-ins, maximizing storage, and the spacious interior utility room includes a full-size washer and dryer along with additional storage rarely found in condominium living. Step outside to your private waterfront terrace and begin each morning with spectacular sunrises over the Intracoastal Waterway or enjoy front-row views of Clearwater's Fourth of July fireworks from the comfort of home. Azure is an intimate five-story luxury waterfront community with just 46 private residences, offering an exceptional collection of resort-inspired amenities including a waterfront pool and spa, fitness center, yoga studio, and a beautifully designed elevated amenity terrace overlooking the water. Residents also enjoy two assigned parking spaces—one secured under the building and one exterior—as well as a private storage unit. Energy-efficient systems, LED lighting, and integrated smart-home technology further enhance everyday comfort and convenience. Ideally located on Island Estates, you'll enjoy the best of both worlds: a peaceful waterfront setting just moments from the world-famous sugar sands of Clearwater Beach and within walking or golf-cart distance to Publix, Island Way Grill, waterfront dining, marinas, parks, and the Clearwater Marine Aquarium. Coachman Park, The BayCare Sound, downtown Clearwater, and countless shopping, dining, and entertainment destinations are only minutes away, creating an unmatched blend of island serenity and vibrant coastal living. Lightly lived in and meticulously maintained, this like-new residence offers a rare opportunity to enjoy one of Tampa Bay's premier waterfront lifestyles in an exclusive luxury community. Available for lease to qualified tenants. Contact us today for availability and to schedule your private showing. Rental criteria: Minimum 620 credit score, no current collection accounts, no evictions, income must be at least 2.5 times the monthly rental fee and Bankruptcies must be discharged. Sorry No Pets or smoking. 7 month min rental
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,800
Sqft
0 ac
Lot size
2023
Year built
One
Levels
$3
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$196 /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
$196/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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.
$/sqft vs Clearwater Beach actives
$3 vs $564
Days on market
51 vs 73 typical
Where $3/sqft sits among the 283 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 → $905K
Clearwater Beach median sold, yr/yr
93.9%
Sale-to-list ratio (12 mo)
123 of 283
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 99% 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 415 ISLAND WAY UNIT 402
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$1,000,000
530 S GULFVIEW BOULEVARD UNIT 203
3 bd · 2 ba · 1,803 sqft · $555/sqft · 350 DOM
Sold · Jul ’26$890,000
331 CLEVELAND STREET UNIT 1702
2 bd · 2 ba · 1,765 sqft · $504/sqft · 28 DOM
Sold · Aug ’25$660,000
331 CLEVELAND STREET UNIT 402
2 bd · 2 ba · 1,765 sqft · $374/sqft · 69 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 415 ISLAND WAY UNIT 402 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 415 ISLAND WAY UNIT 402 — 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
415 ISLAND WAY UNIT 402 FAQs
What would the monthly payment be for 415 ISLAND WAY UNIT 402?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $196/mo — principal and interest, estimated property taxes 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.
Are pets allowed at 415 ISLAND WAY UNIT 402?+
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 $5,000, this home is listed about 99% 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 415 ISLAND WAY UNIT 402?+
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
Three things that matter here
01Under the CLEARWATER BEACH 33767 market on paper
$5,000 is 99% below the CLEARWATER BEACH 33767 median of $550,000, and at $3/sqft it sits under the Clearwater Beach average of $669.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong 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.
Keep looking
Similar homes nearby
Listing courtesy of EXP REALTY · Kathie Lea. MLS #TB8519137.
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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