Back 502/400 Island Way
Off Market

502/400 Island Way

Clearwater FL 33767

2
2
1
1240 sq. ft.
Condo
Last sold for $425,000
Susan GaddisSusan Gaddis, last sold this property on 28 October 2025 after 133 days on market.

Overview

PRICE IMPROVEMENT! This 2 bedroom 2 bath condo is a slice of paradise in the perfect spot! Home offers spectacular water & city views that are stunning! The expansive living room offers panoramic views of the intracoastal waterways and the sunset-ready balcony is perfect for relaxing & enjoying the Gulf sunsets. A/C & HVAC new in 2019, brand new water heater, updated kitchen with Rocky Mountain Sky hue cabinetry & baths, Pex water lines, custom closets featuring shelving & drawers, newer bedroom windows & sliders, porcelain tile floors in main areas, in-unit laundry closet & a 155 bottle wine fridge. The modern touches like USB electrical outlets & remote-controlled shades show it’s both stylish and smartly equipped. Building Amenities read like a resort wish list: a spacious party center with billiard table & full kitchen, exercise room with showers, locker rooms & sauna. Let’s keep going! Enjoy the private heated swimming pool, jacuzzi, tiki huts, BBQ grills, and picnic area for your enjoyment. Short distance to world renowned Clearwater Beach that offers dining, shopping, entertainment & much more. Island Estates is an exclusive self-contained community and property is in close proximity to grocery store, pharmacy, banks, restaurants, dry cleaners, nail salons & more. Clipper Cove is located on the Jolley Trolley and public transportation routes. This condo offers the perfect opportunity to enjoy a getaway & all that Island Estates & the beaches have to offer. Just steps away from the door, is a covered, assigned parking space #114 & conveys with unit. 90 day minimum lease required. SORRY NO PETS.

Features

2 bedrooms
2 bathrooms
1 carspace
1 carport space
1240 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Clearwater over the last 12 months, the estimated median property value of 502/400 Island Way is $570k.

Median value
$570k
Estimated value range
$200k - $1.9m
Median days on market
79
Estimated value trend
-17%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Clearwater. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 502/400 Island Way

2025
Sold
$425,000
28 Oct 2025 by Susan Gaddis, of COASTAL PROPERTIES GROUP INTERNATIONAL
2019
Sold
$286,250
22 Aug 2019 by Eric Griffith, Jr, of COLDWELL BANKER REALTY
2009
Rented
Undisclosed
11 Dec 2009 by COLDWELL BANKER REALTY

Happy sellers in Clearwater

88%
88% of sellers in Clearwater reported that their sale price either exceeded or met their price expectations.

Clearwater stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in Clearwater over the last 12 months.

Local market activity for 2 bedroom condos in Clearwater

In the last 12 months, 157 two-bedroom condos similar to 502/400 Island Way, have been sold.

This represents a 9% increase in two-bedroom condos sales when compared to the previous 12 months.

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