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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, perfect 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.
Property Details
Price: $474,900
Sq Ft: 1,700
($279 per
sqft)
Bedrooms: 3
Bathrooms: 3
City: Clearwater Beach
County: Pinellas
Type: Townhouse
Development: Cutter Cove
Subdivision: Cutter Cove Condo
Virtual Tour/Floorplan:
View
Year Built: 1994
Listing Number: TB8529655
Status Code: A-Active
Taxes: $3,680.19
Tax Year: 2024
Garage:
2
/
Y
Furnishings: Partially
Pets Allowed: Size Limit
Total Recurring Fees: $946
Total Recurring Fee Frequency: 0.00
Interior Features:
Living Room/Dining Room Combo
Financial Information:
Taxes: $3,680.19
Tax Year: 2024
Association Fee: $946.00
Association Fee Frequency: Monthly
Exterior Features:
Balcony
Hurricane Shutters
Equipment:
Dishwasher
Dryer
Microwave
Refrigerator
Washer
Wine Refrigerator
Additional Information:
MLS Area: 33767 - Clearwater/Clearwater Beach
Total Square Footage: 1,700
Price per Square Feet: $279.35
Total Floors: 3
Water: Public
Construction: Frame
Date Listed: 2026-07-19 00:00:00
Furnished: Partially
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Flooring: Carpet, Tile, Vinyl
Roof: Shingle
Heating: Central
Cooling: Central Air
Laundry: Laundry Room
Pets: Size Limit
Sewer: Public Sewer
Parcel ID: 08-29-15-20194-
Map of 320 Island Way #605, Clearwater Beach, FL 33767
Listing Courtesy Of: Coastal Properties Group International
irwin.lindsay@yahoo.com