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320 Island Way #605

Clearwater, FL 33767
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Bed 3

Bed

Bath 3

Bath

SqFt1,700

Sqft

Welcome to your paradise in Cutter Cove, a serene and highly sought-after townhome community on Island Estates—just minutes from the world-famous Clearwater Beach. With a motivated seller and aggressive pricing, this is a rare opportunity to secure exceptional value in one of the area’s most desirable waterfront communities. Rare investment opportunity on this possible income-producing rental property allowing 30-day minimum rentals with no ownership waiting period before you can begin leasing. This property offers some of the lowest HOA fees on Island Estates. This beautifully updated, three-level residence offers resort-style living with timeless coastal elegance. The spacious, expanded kitchen—approximately 20% larger than standard units—provides enhanced functionality and flow, perfe ct for both everyday living and entertaining. The primary suite is a private retreat featuring dual closets, a spa-inspired bath with a jetted tub, and a striking wooden spiral staircase leading to a versatile loft—ideal for a home office, media room, or play space. A huge balcony with sliding glass doors welcomes in the island breeze, seamlessly extending your living space outdoors. A second upstairs bedroom offers its own full bath and walk-in closet, while the main-level bedroom is thoughtfully configured as an office with built-in desk and shelving (which convey) and an adjacent full bath. Elegant polished marble flooring enhances the living area, flowing effortlessly to a private patio perfect for enjoying the coastal air. Additional highlights include updated bathrooms, crown molding, wood stairs with wrought iron railings, and abundant glass doors for a light, open feel. Major upgrades include a brand-new Trane A/C system, hurricane shutters, and a king-size Rheem water heater. The oversized tandem two-car garage features built-in storage cabinets and extra closet space. French doors with screen sliders open from the ground level to a private patio—ideal for relaxing or entertaining. Cutter Cove residents enjoy resort-style amenities including a sparkling pool and hot tub spa surrounded by tiki huts. With convenient access to shopping, dining, and the beach, this home delivers the very best of the Island Estates lifestyle—now attractively priced for a timely sale.

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Detail Ic Property Details

Property Type : Residential

Price : $479,000

AD Id : 88178826

MLS Id : MFRTB8529655

Beds : 3

Living Area Size : 1,700

Year Built : 1994

Garage : 2

County : Pinellas

Subdivision: Cutter Cove Condo

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Feature Features

  • Bedroom Information

    Total Bedroom: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Interior Features

    Living Room/Dining Room Combo Roof: Shingle Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Wine Refrigerator Laundry Features: Laundry Room

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Carpet, Tile, Vinyl Construction Materials: Frame
  • Heating & Cooling

    Heating: Central Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1994
  • Exterior Features

    Balcony, French Doors, Hurricane Shutters, Sliding Doors Construction Materials: Frame Foundation Details: Block, Slab

  • Property Information

    Property Type: Residential Sub Type: Townhouse

  • Listing Price Information

    Original List Price:$479000

  • Tax Information

    Tax Block: 002 Tax Book Number: 114-38 Tax Lot: 0605 Tax Legal Description: CUTTER COVE CONDO ( PHASE 2 ) BLDG 6, UNIT 605 Annual Tax: $3680.19 Tax Year: 2024 Parcel Number: 08-29-15-20194-002-0605

  • Garage Information

    Has Garage: Yes Garage Space: 2

    Homeowners Association Information

    Included Fees: Pool, Escrow Reserves Fund, Insurance HOA: $946.00 Monthly

  • Utility Information

    BB/HS Internet Available, Cable Available, Electricity Available, Water Available Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: CUTTER COVE CONDO City: CLEARWATER BEACH Direction: Drive West on Memorial Causeway, right on Island way, left to 320 Island way.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
320 Island Way #606, Clearwater, FL, 33767 $480,000 3 3 1,700 1,700 SqFt
320 Island Way #304, Clearwater, FL, 33767 $499,000 3 3 1,700 1,700 SqFt
320 Island Way #603, Clearwater, FL, 33767 $535,000 3 3 1,700 1,700 SqFt
348 Larboard Way, Clearwater, FL, 33767 $1,279,000 3 3 2,998 2,998 SqFt
240 Windward Passage #1.., Clearwater, FL, 33767 $650,000 3 3 2,062 2,062 SqFt
214 Skiff Point #214, Clearwater, FL, 33767 $875,000 3 3 1,930 1,930 SqFt
218 Skiff Point, Clearwater, FL, 33767 $799,000 3 3 1,930 1,930 SqFt
200 Brightwater Drive #10, Clearwater, FL, 33767 $1,099,000 3 3 2,041 2,041 SqFt
158 Brightwater Drive #1, Clearwater, FL, 33767 $1,849,900 4 3 2,794 2,794 SqFt
158 Brightwater Drive #2, Clearwater, FL, 33767 $1,660,000 3 3 2,551 2,551 SqFt
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ByOwner last updated this listing 07/20/2026 @ 18:20

MLS: MFRMLS #TB8529655 LISTED BY: Lindsay Irwin, COASTAL PROPERTIES GROUP INTERNATIONAL 727-493-1555 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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