Rare Open-Water Opportunity on Island Estates | Renovate, Reimagine, or Rebuild Your Waterfront Dream
Exceptional Open-Water Views. Premier Island Estates Location. Endless Possibilities.
A rare opportunity to secure a spectacular open-water property in one of Clearwater Beach’s most desirable waterfront communities. Perfectly positioned on an expansive lot near the end of a… Read More quiet cul-de-sac, this exceptional Island Estates property offers breathtaking, unobstructed views of the Intracoastal Waterway, remarkable privacy, and the opportunity to create a truly extraordinary waterfront residence.
The true value lies in the location, the expansive waterfront setting, and the extraordinary potential to transform this property into something exceptional. Whether your vision is to restore and reimagine the existing Mediterranean-style residence or start fresh with a custom-designed luxury estate, this property provides an outstanding canvas for creating your dream home overlooking the sparkling open waters.
The existing custom-built residence offers over 4,100 square feet of living space, featuring five bedrooms, four bathrooms, and a spacious floor plan designed to embrace its magnificent waterfront surroundings. Water views are enjoyed from nearly every principal living area, while the generous second-floor primary suite features a wood-burning fireplace and private balcony overlooking the Intracoastal. A grand great room and expansive family room provide the foundation for gracious living and entertaining.
Outdoors, the tropical pool area and spacious lanai offer an inviting setting for enjoying the coastal lifestyle, with sweeping open-water vistas providing a stunning backdrop. Boating enthusiasts will appreciate the convenient access to the Gulf of Mexico, just around the corner, making this an especially appealing location for those who enjoy life on the water.
An Opportunity to Create Something Extraordinary: A portion of the home’s first level sustained storm-related flood damage, and the property is being offered with the understanding that significant renovation or redevelopment may be desired. For buyers with vision, this presents a compelling opportunity to undertake a comprehensive renovation or remove the existing structure and design a spectacular new waterfront estate, subject to applicable building regulations and approvals.
Located in the sought-after, golf cart-friendly community of Island Estates, this property offers the perfect balance of peaceful waterfront living and convenient access to the vibrant attractions of Clearwater Beach. World-famous white-sand beaches, waterfront dining, boutique shopping, and marinas are just minutes away, with convenient access to both St. Pete–Clearwater International Airport and Tampa International Airport.
Properties offering this combination of expansive open-water views, exceptional location, and redevelopment potential are seldom available. For the discerning buyer, investor, or visionary homeowner, this is more than an opportunity to purchase a waterfront property, it is an invitation to create a one-of-a-kind coastal retreat in an extraordinary setting.
Bring your vision. Embrace the possibilities. Create your dream on the open water. Read Less
Courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL 727-493-1555
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
4
Square Ft.
4,138
Lot Size
0.22 Acres
Year Built
1958
MLS Number
TB8563160
Additional Details
Property Access
Road Responsibility: Public Maintained Road, Road Surface: Asphalt
Appliances & Equipment
None
Building
Built in 1958, Living area: 4138, Living area units: Square Feet, Building faces West, 2 stories, Levels: Multi/Split, Construction Materials: Block
Additional parcels description:, Parcel Number: 08-29-15-43344-000-0540, Public Survey Range: 15, Public Survey Section: 08, Annual Amount: $25,080, Tax Block: 00, Tax Book Number: 47-62, Legal Description: ISLAND ESTATES OF CLEARWATER UNIT 3 LOT 54, Lot: 54, Year: 2025, Zoning: RES
Utilities
Public, Water Source: Public
Water Features
Bay/Harbor, Intracoastal Waterway
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Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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