320 Island Way 605, CLEARWATER BEACH, FL

$479,000

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3

Beds

3

Baths

1,700

Square feet

About 320 Island Way 605

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.

Features of 320 Island Way 605

MLS® # TB8529655
Price $479,000
Bedrooms 3
Bathrooms 3.00
Full Baths 3
Square Footage 1,700
Year Built 1994
Type Residential
Sub-Type Townhouse
Status Active

Community Information

Address 320 Island Way 605
Area Clearwater/Clearwater Beach
Subdivision CUTTER COVE CONDO
City CLEARWATER BEACH
County Pinellas
State FL
Zip Code 33767-2181

Amenities

# of Garages 2
Is Waterfront No
Has Pool No

Interior

Interior Features Living Room/Dining Room Combo
Appliances Dishwasher, Dryer, Microwave, Refrigerator, Washer, Wine Refrigerator
Heating Central
Cooling Central Air
Fireplace No
# of Stories 3

Exterior

Exterior Features Balcony, French Doors, Hurricane Shutters, Sliding Doors
Roof Shingle
Foundation Block, Slab

Additional Information

Date Listed July 19th, 2026
Days on Market 46
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCOASTAL PROPERTIES GROUP INTERNATIONAL

Listing Map

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