320 Island Way #603, photo 1
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Overview

3 bd3 ba1,700 sqft2 car garageTownhouse
TypeTownhouse
HOA$948/mo
Built1994
Lot54,450 sqft
Living area1,700 sqft
Price / sqft$291
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)High CeilingsLiving Room/Dining Room ComboOpen FloorplanThermostatBalconyAssociation Recreation - OwnedBuyer Approval Required

320 Island Way #603 is a 1994-built home in Cutter Cove Condo, Clearwater. Inside you'll find 3 bedrooms, 3 bathrooms, and 1,700 square feet of living space. Listed at $495,000 (about $291/sqft), 112 days on market. Flood zone AE - confirm flood insurance requirements with your lender. HOA runs $948 monthly.

From the listing

Welcome to your 24/7 vacation home! Located in Cutter Cove and nestled in the highly coveted Island Estates community conveniently located to everything you'll need to enjoy the beach lifestyle. This beautifully remodeled 3 bedroom, 3 bathroom, 2 car tandem garage, a spiral stair case which leads to the huge loft area attached to the primary retreat, and can be used as a home office. A new roof installed in 2024. You will enjoy maintenance free living and a well managed HOA in the Cutter Cove community as well as a community pool and hot tub. And NO storm damage! Bike, walk or golf cart just about anywhere and you are 1 mile from one of if not the best beach in the country, Clearwater Beach! This townhome needs nothing! Move right in and start enjoying the beach life right away! Located at the end of Memorial Causeway in Clearwater, the Cutter Cove community offers a rare opportunity to enjoy the coastal lifestyle in the highly desirable Island Estates and Clearwater Beach area. This extremely well maintained townhome presents an exceptional blend of comfort and convenience. Just minutes from the vibrant Clearwater Beach and the charm of Downtown Clearwater, this unit is ideal for those seeking a second home, an investment property, or a permanent beachside residence. A must see!

The essentials

Built
1994
Price / sqft
$291
On market
112 days
Annual tax
$5,974
HOA
$948/mo
Flood zone
AE
Lot
54,450 sqft
Type
Townhouse

At a glance

Townhouse
Built 1994
Community pool
Shared amenity
2 car garage
Garage Door Opener
1.25 acres
Lot size
1,700 sqft
Living area

Payment

Est. monthly payment
$4,275/mo
Down payment (20%)
$99,000
Property taxes
$498/mo
HOA
$948/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Townhouse
Year Built
1994
Lot
54,450 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Garage Door Opener, Ground Level, Tandem
Days on Market
112
Ceiling Fans(s)
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Thermostat
Balcony
Association Recreation - Owned
Buyer Approval Required
Pool
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Range
Washer
Elementary
Sandy Lane Elementary-PN
Middle
Dunedin Highland Middle-PN
High
Clearwater High-PN

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone AE
Annual Tax (2025)
$5,974
Parcel #
08-29-15-20194-002-0603

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Cutter Cove Condo
County
Pinellas
MLS Area
33767 - Clearwater/Clearwater Beach
Lot Size
54,450 sqft
HOA
$948/mo
Kevin Guthrie

Price history

Date
Event
Price
9/28/2026
Price change
Source: Stellar MLS #TB8522816
$495,000-7.5%
$291/sqft
6/24/2026
Listed for sale
Source: Stellar MLS #TB8522816
$535,000
$315/sqft

Neighborhood

320 Island Way #603
Clearwater, FL, 33767 · 33767 - Clearwater/Clearwater Beach

Market insights

Offer Insights

Choose an offer strength

List price: $495,000
$492,500 – $495,000
99.5% – 100% of listTops out right at the list price
80% of listList price
42 of the last 72 townhouse or villa closings in Clearwater landed at this number or higher (58%). The median one sat 58 days before it went under contract, and this one is on day 112 after a $40,000 cut.

Sample: 72 closed townhouse or villa sales in Clearwater over the last 8 months, Stellar MLS. Widened past this ZIP to get a usable sample. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$4,275/mo
Principal & interest$2,582
Property taxes$498
Insurance$248
HOA$948
Down payment20% · $99,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$495,000

$291 per sq ft

Beds and baths

3 beds, 3 baths

Size

1,700 sq ft

Time on market

112 days

Year built

1994

Monthly payment

About $4,275/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,974 annual tax bill, insurance, and the $948/mo HOA fee.

HOA fee

$948/mo

Managed by Kevin Guthrie.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

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Brokered byCOLDWELL BANKER REALTYListing agent: David PriceListing data from Stellar MLS, MLS# TB8522816.

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