NOT LISTED FOR SALE

501 Island Way Clearwater Beach, FL 33767

Island Estates Neighborhood

Estimated Value: $766,000 - $1,293,000

3 Beds
2 Baths
1,944 Sq Ft
$474/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $845,000 $435 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,833/month

Highlights

  • Open Floorplan
  • Main Floor Primary Bedroom
  • Stone Countertops
  • Dunedin Highland Middle School Rated 9+
  • Furnished
  • No HOA

About This Home

As of May 2024

Welcome to your luxurious long-term rental opportunity in Island Estates, affectionately dubbed the Beverly Hills of Clearwater. This completely updated, modern home at 501 Island Way presents an unparalleled chance to immerse yourself in the Florida dream lifestyle. Nestled on a spacious corner lot, this residence boasts a prime location near the best of Clearwater's amenities. Island Estates offers a tranquil escape from the bustle of city life while providing convenient access to dining, shopping, grocery stores, and the world-famous Clearwater Beach—recently ranked as one of the top beaches in the United States and the world. This spacious single-family home offers three bedrooms and two bathrooms, each tastefully remodeled to reflect contemporary design trends. The master bedroom boasts an ensuite bathroom for added privacy and comfort. Step inside and be greeted by a meticulously remodeled interior designed for both comfort and sophistication. The open-concept layout seamlessly blends modern fixtures with timeless elegance, featuring a gourmet kitchen equipped with granite countertops, new stainless-steel appliances, and ample cabinetry. Entertain guests in style with the expansive living room flowing into a bright Florida room, complete with a full bar area and panoramic windows. Additional upgrades include a new HVAC system, water heater, and hurricane windows for peace of mind during storm season. Don't miss your chance to make this your home—schedule a viewing today and experience the epitome of island living in Clearwater.

Last Agent to Rent the Property

Taylor Holevas

SUNSTAR REAL ESTATE LLC Brokerage Phone: 727-596-8200 License #3455299 Listed on: 04/15/2024

Last Renter's Agent

Taylor Holevas

SUNSTAR REAL ESTATE LLC Brokerage Phone: 727-596-8200 License #3455299 Listed on: 04/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,095

Year Built

  • Built in 1966

Lot Details

  • 10,603 Sq Ft Lot
  • Lot Dimensions are 103x103
  • Southwest Facing Home
  • Fenced
  • Irrigation

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Interior Spaces

  • 1,944 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Tray Ceiling
  • Sliding Doors
  • High Impact Windows
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Exterior Lighting
  • Rain Gutters

Schools

  • Sandy Lane Elementary School
  • Dunedin Highland Middle School
  • Clearwater High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Taylor Holevas Association
  • Island Estates Of Clearwater Unit 6 B Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,250
  • Property Available on 5/1/24
  • Tenant pays for cleaning fee
  • The owner pays for grounds care, laundry, management, pest control, repairs, sewer, trash collection
  • Available 6/1/24
  • Application Fee: 0
  • 6-Month Minimum Lease Term
  • Assessor Parcel Number 05-29-15-43434-000-0740

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,095

Year Built

Built in 1966

Lot Details

0

Parking

2

Rental Info

  • Furnished: Furnished
  • Lease Amount Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK
  • Available Date: 2024-05-01
  • Terms Of Lease: 1st Last and Sec Dep Required
  • Long Term YN: 1
  • Security Deposit: 2250
  • Expected Lease Date: 2024-06-01T00:00:00.000

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Fireplace: No
  • Living Area: 1944
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1966
  • Building Area Total: 2520
  • Lot Size Sq Ft: 10603
  • Owner Pays: Grounds Care, Laundry, Management, Pest Control, Repairs, Sewer, Trash Collection
  • Tenant Pays: Cleaning Fee
  • Status: Leased
  • ResoBuildingAreaSource: PublicRecords
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 2.16
  • Water Access YN: 0
  • MFR_NumAssignedParkingSpaces: 2
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 727-596-8200
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Eat-in Kitchen, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Tray Ceiling(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Impact Glass/Storm Windows
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 180.60

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Irrigation System, Lighting, Outdoor Shower, Rain Gutters, Sidewalk, Sliding Doors
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Faces Side

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: TAYLOR HOLEVAS
  • Association: No
  • Senior Community: No
  • Pet Restrictions: Need to ask owner.

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00
  • Application Fee: 0

Schools

  • Elementary School: Sandy Lane Elementary-PN
  • High School: Clearwater High-PN
  • Middle Or Junior School: Dunedin Highland Middle-PN

Lot Info

  • Parcel Number: 05-29-15-43434-000-0740
  • Fencing: Fenced
  • Lot Dimensions: 103x103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Apr 4, 2024
Sold by
Paul Anile 2002 Trust and Anile Paul
Bought by
Sibick Eugene Michael and Cicatello-Sibick Carol Elizabeth
Seller's Agent
Taylor Holevas
SUNSTAR REAL ESTATE LLC
Buyer's Agent
Taylor Holevas
SUNSTAR REAL ESTATE LLC
Sold Price
$4,200
Views
80
Current Estimated Value
$921,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$917,644
Avg. Annual Appreciation
5.74%
Original Mortgage
$676,000
Outstanding Balance
$665,315
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$256,529

Purchase Details

Listed on
Jun 4, 2020
Closed on
Oct 22, 2020
Sold by
Advanta Ira Services Llc and Mike Bartolotta Ira
Bought by
Paul Anile 2002 Trust and Anile
Seller's Agent
Rick Woods, PA
KELLER WILLIAMS SOUTH TAMPA
Buyer's Agent
Deborah Wallace
FUTURE HOME REALTY INC
List Price
$498,000
Sold Price
$450,000
Premium/Discount to List
-$48,000
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.17%
Original Mortgage
$200,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2018
Sold by
Slaughter Gloria
Bought by
Advanta Ira Services Llc and Mike Bartlotta Ira 8007161

Purchase Details

Closed on
Apr 7, 2017
Sold by
Divegila Joan and Divegila Gene
Bought by
Slaughter Gloria

Purchase Details

Closed on
Oct 28, 2008
Sold by
Aurora Loan Services Llc
Bought by
Divegila Joan and Diveglia Gene

Purchase Details

Closed on
Feb 19, 2008
Sold by
Khong Kathy
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Apr 2, 2007
Sold by
Vo Teresa and Vo Teresa Thu Truong
Bought by
Khong Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Interest Rate
6.18%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 23, 2006
Sold by
Labelle Richard D and Labelle Janis A
Bought by
Vo Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sibick Eugene Michael $845,000 None Listed On Document
Paul Anile 2002 Trust $450,000 Tampa Title
Advanta Ira Services Llc $600,000 Attorney
Slaughter Gloria $300,000 Attorney
Divegila Joan $272,500 Attorney
Aurora Loan Services Llc $251,000 None Available
Khong Kathy $705,000 Dba Freedom Title Agency
Vo Teresa $500,000 Freedom Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sibick Eugene Michael $676,000
Previous Owner Paul Anile 2002 Trust $200,000
Previous Owner Khong Kathy $105,750
Previous Owner Khong Kathy $528,750
Previous Owner Vo Teresa $50,000
Previous Owner Vo Teresa $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2024 05/25/24 Rented $4,200 -6.7% --
04/15/2024 04/15/24 For Rent $4,500 0.0% --
04/04/2024 04/04/24 Sold $845,000 -2.8% $435 / Sq Ft View Prior Sale
02/27/2024 02/27/24 Pending -- -- --
02/18/2024 02/18/24 Price Changed $869,000 -3.4% $447 / Sq Ft
01/31/2024 01/31/24 Price Changed $899,888 -5.2% $463 / Sq Ft
01/11/2024 01/11/24 Price Changed $948,888 -5.1% $488 / Sq Ft
12/01/2023 12/01/23 For Sale $999,888 +122.2% $514 / Sq Ft
10/30/2020 10/30/20 Sold $450,000 -9.6% $231 / Sq Ft View Prior Sale
10/18/2020 10/18/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $498,000 0.0% $256 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
06/28/2020 06/28/20 Price Changed $498,000 -5.9% $256 / Sq Ft
06/04/2020 06/04/20 For Sale $529,000 0.0% $272 / Sq Ft
03/01/2019 03/01/19 Rented $2,900 0.0% --
02/25/2019 02/25/19 Under Contract -- -- --
01/08/2019 01/08/19 Price Changed $2,900 -12.1% $1 / Sq Ft
11/19/2018 11/19/18 Price Changed $3,299 -5.7% $2 / Sq Ft
11/08/2018 11/08/18 For Rent $3,500 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,095 $722,086 $464,549 $257,537
2023 $12,095 $749,357 $506,805 $242,552
2022 $10,837 $647,610 $465,431 $182,179
2021 $9,596 $472,222 $0 $0
2020 $8,397 $407,882 $0 $0
2019 $8,029 $386,787 $227,585 $159,202
2018 $6,122 $292,707 $0 $0
2017 $5,589 $280,504 $0 $0
2016 $5,091 $245,672 $0 $0
2015 $5,180 $244,657 $0 $0
2014 $4,912 $231,047 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Landlord's Agent in 2024

    Taylor Holevas

    SUNSTAR REAL ESTATE LLC

    (727) 596-8200

    3 in this area

    24 Total Sales

    Taylor Holevas
    Section Image

  • F

    Seller's Agent in 2024

    Frank Chaviano

    KW COASTAL LIVING III

    (941) 900-4151

    1 in this area

    7 Total Sales

    Frank Chaviano
    Section Image
  • Michelle Chenault

    Buyer's Agent in 2024

    Michelle Chenault

    COLDWELL BANKER REALTY

    (727) 481-5700

    67 in this area

    156 Total Sales

    Michelle Chenault
    Section Image
  • Marlene Brown

    Buyer Co-Listing Agent in 2024

    Marlene Brown

    COLDWELL BANKER REALTY

    (727) 581-9411

    7 in this area

    28 Total Sales

    Marlene Brown
    Section Image
  • Rick Woods, PA

    Seller's Agent in 2020

    Rick Woods, PA

    KELLER WILLIAMS SOUTH TAMPA

    (813) 263-5768

    152 Total Sales

    Rick Woods, PA
    Section Image

  • D

    Buyer's Agent in 2020

    Deborah Wallace

    FUTURE HOME REALTY INC

    (941) 237-8763

    15 Total Sales

    Deborah Wallace
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: U8238841

Stellar MLS

APN: 05-29-15-43434-000-0740

Florida Pinellas County Clearwater Beach 33767 Island Estates

501 Island Way, Clearwater Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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