NOT LISTED FOR SALE

Estimated Value: $392,171 - $522,000

2 Beds
2 Baths
966 Sq Ft
$897/mo HOA Fee

Last Sold February 17, 2023

Last sale price $400,000 $414 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,781/month

21 Days on Market

Highlights

  • Waterfront Community
  • Access To Intracoastal Waterway
  • Cabana
  • White Water Ocean Views
  • Dock made with wood
  • Penthouse

About This Home

As of February 2023

Million dollar views, but at a fraction of the price! 51 Island Way is conveniently located on Island Estates, right across the street from the Clearwater Marine Aquarium, and a quick bike ride from world famous Clearwater Beach. Added convenience of the Publix shopping center less than a block away. Never drive your car to the grocery store again! Enjoy the Florida lifestyle you've been dreaming about by taking this top floor 2 bedroom/2 bath unit, imagine the possibilities, and transform it into your dream condo. The unit features two spacious balconies which feature amazing sunrise views and partial sunset views. 51 Island Way community features include a beautiful pool and spa, pool bathrooms/showers, tiki hut, shuffle board, kayak storage availability, water access, and a community club room.

Last Agent to Sell the Property

Jonathan Rivera

SMITH & ASSOCIATES REAL ESTATE License #3353207 Listed on: 01/13/2023

SMITH & ASSOCIATES REAL ESTATE

Last Buyer's Agent

John Guyton

SAND KEY REALTY License #3315136

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,161

Year Built

  • Built in 1978

Lot Details

  • End Unit
  • West Facing Home

HOA Fees

  • $897 Monthly HOA Fees

Property Views

  • Pool

Home Design

  • Penthouse
  • Florida Architecture
  • Concrete Roof
  • Block Exterior

Interior Spaces

  • 966 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Ground Level Parking
  • Open Parking

Pool

  • Cabana
  • Outdoor Shower

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Access to Saltwater Canal
  • Dock made with wood
  • Open Dock
  • Outdoor Kitchen
  • Outdoor Storage
  • Outdoor Grill

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, internet, ground maintenance, manager, pest control, sewer, trash, water
  • $127 Other Monthly Fees
  • Kelly Oalmann Association, Phone Number (727) 447-6075
  • High-Rise Condominium
  • 51 Island Way Condo Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse
  • Elevator
  • Community Mailbox

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,161

Year Built

Built in 1978

Lot Details

0

HOA Fees

$897 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Internet, Maintenance Grounds, Manager, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 966
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 966
  • Directions to Property: Drive west onto the Clearwater Memorial Causeway to Island Way Blvd and turn right. 51 Island Way will be on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3422465?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3422465?w=Customer
  • Floor Number: 12
  • Homestead Y N: No
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Other Fees Amount: 127
  • Property Description: Corner Unit, High Rise, Mid Rise, Penthouse
  • Ratio: Close Price\List Price: 0.90909
  • Price per Sq Ft: 414.08
  • Close to Original List Price Ratio: 0.90909
  • Ratio: Current Price\Building Area Total: 414.08
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Thermostat
  • Appliances Included: Dishwasher, Microwave, Range, Range Hood, Refrigerator
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 51
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Cabana, Outdoor Kitchen, Storage
  • Exterior Features: Hurricane Shutters, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Concrete
  • Pool Private: No
  • View: City, Pool, Tennis Court, Water
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View: Bay/Harbor - Full, Bay/Harbor - Partial, Canal, Intracoastal Waterway
  • Water Access: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway
  • Water Extras: Dock - Open, Dock - Wood
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Ground Level, Guest, Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Mailbox, Pool, Tennis Courts, Water Access, Waterfront
  • Association Fee Frequency: Monthly
  • Association Name: Kelly Oalmann
  • Phone: 727-447-6075
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 770
  • Condo Fees Term: Monthly
  • Other Fees Term: Monthly
  • Association Email: islandway@resourcepropertymgmt.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 770
  • Amenities Additional Fees: Kayak storage is $20 per month; Boat slips and carports are leased on a first come/first serve basis. There is a waitlist. Contact HOA manager for more info.
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 10764
  • Total Monthly Fees: 897

Schools

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

Lot Info

  • Parcel Number: 08-29-15-27822-000-1200
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 6 Months
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: No restrictions to immediately lease unit upon transfer of ownership, but no short term rentals. Contact HOA manager for more info.

Tax Info

  • Tax Annual Amount: 5161.16
  • Tax Block: 0
  • Tax Book Number: 30-38
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Feb 15, 2023
Sold by
Sunarich Ugljesa Ugo
Bought by
Mootassem Hanibal Y and Mootassem Cynthia A
Seller's Agent
Jonathan Rivera
SMITH & ASSOCIATES REAL ESTATE
Buyer's Agent
John Guyton
SAND KEY REALTY
List Price
$440,000
Sold Price
$400,000
Premium/Discount to List
-$40,000
-9.09%
Total Days on Market
21
Views
125
Current Estimated Value
$442,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,043
Avg. Annual Appreciation
4.46%

Purchase Details

Closed on
Mar 13, 2018
Sold by
1233741 Ontario Inc
Bought by
Sunarich Ugliesa Ugo and Sunarich Elizabeth

Purchase Details

Closed on
Jun 9, 1997
Sold by
Alice M Welch Tr
Bought by
1233741 Ontario Inc
Source: Public Records

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Range of Values:

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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
Mootassem Hanibal Y $400,000 --
Sunarich Ugliesa Ugo -- Attorney
1233741 Ontario Inc $114,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $400,000 -9.1% $414 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $440,000 -- $455 / Sq Ft
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 $6,456 $362,565 -- $362,565
2023 $6,456 $396,948 $0 $396,948
2022 $5,783 $340,626 $0 $340,626
2021 $5,161 $253,975 $0 $0
2020 $5,169 $251,104 $0 $0
2019 $4,800 $231,223 $0 $231,223
2018 $4,832 $235,527 $0 $0
2017 $4,248 $208,079 $0 $0
2016 $4,301 $210,239 $0 $0
2015 $3,972 $194,697 $0 $0
2014 $3,547 $166,834 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3422465

Stellar MLS

APN: 08-29-15-27822-000-1200