UNMATCHED LUXURY INCOME PRODUCER ON ISLAND ESTATES WITH SELLER FINANCING AVAILABLE! Welcome to 400 Island Way #509—an extraordinary, turn-key luxury sanctuary nestled in the prestigious Island Estates enclave of Clearwater Beach. Operating as a proven 365-day-a-year high-yield revenue generator, this opulent 1,300-square-foot residence leveraging peak seasonal rates to deliver maximum financial returns. Designed as the ultimate turnkey investment property or sophisticated coastal pied-à-terre, a seamless, hands-free management system allows you to effortlessly harvest premium rental income while reserving exclusive weeks for your own personal coastal escapes. Adding incredible value to this rare offering, flexible Seller Financing is available, providing a seamless, VIP path to ownership for discerning investors and high-net-worth buyers alike. Exquisitely reimagined with modern coastal elegance, the sprawling, light-filled open concept is framed by brand-new, hurricane-impact doors and windows that flood the home with natural light. The epicurean chef’s kitchen serves as a breathtaking centerpiece, showcase-fitted with custom warm-wood cabinetry rising to the ceiling, crown molding, a new refrigerator, and rich, polished cream-and-taupe natural granite countertops extending into an expansive breakfast bar. The opulent living and dining quarters effortlessly transition out to a private balcony, offering elevated panoramas across Island Estates with serene, shimmering glimpses of the Intracoastal Waterway. Both full bath sanctuaries have been lavishly modernized with custom-tiled walk-in showers, complemented by spacious mirrored designer closets and a private in-unit washer/dryer. No expense has been spared—from three new smart TVs and designer lighting to ultra-plush linens, cookware, and complimentary high-speed internet. Situated a single mile from the famous powder-white sands of Clearwater Beach, this prime address places world-class waterfront dining, luxury boutiques, and vibrant coastal nightlife just a leisurely walk or trolley ride away. Island Estates provides a premier resort experience, granting residents and guests access to an oversized heated swimming pool, a relaxing Jacuzzi, charming tiki huts with BBQ grill stations, a grand clubhouse with a billiards lounge, a state-of-the-art fitness center with dry saunas, and private storage. Whether you seek an elite, high-yield revenue asset, an opulent fully furnished retreat, or a hybrid of both, this turnkey luxury masterpiece delivers an unmatched fusion of prestige, location, and cash flow. Schedule your private viewing today to claim this seller-financed luxury opportunity.
- Built in 1978
- $353.77/sqft
- Lot size: 2.93 acres
- Directions: Head North on 19 to 60 W - turn right on island estates - Building will be 1/2 mile on your Left
- County: Pinellas
- Geo subdivision: STARBOARD TOWER
Nearby Schools
Sandy Lane Elementary-PN
Dunedin Highland Middle-PN
Clearwater High-PN
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Let's get in touch!
Let's get in touch!

Steven Koleno
Consumer-First Real Estate Architect
- Source: Stellar MLS
- MLS #: TB8547102
Listing updated: September 11, 2026 at 2:20PM
Listing provided by: David Shabliy, KELLER WILLIAMS ST PETE REALTY
Last checked 3 hours ago
Listing provided by: David Shabliy, KELLER WILLIAMS ST PETE REALTY
Last checked 3 hours ago
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