tomo logo

$429,000

Beds
2
Baths
2.0
sq ft
1,335

644 Island Way Unit 505, Clearwater Beach, FL 33767

644 Island Way Unit 505

CLEARWATER, FL 33767

  • 356 days on market
    • Price drop $45,900↓
Discover the Condo you've been waiting for! No Hurricane Damage to this Condo!!! Brand New Flooring in Living and Kitchen! This impeccably maintained unit features NEW windows installed in 2022, featuring PGT WinGuard IMPACT-rated, vinyl, Low E windows with a transferable Lifetime warranty. The kitchen was reimagined in 2018, with a modern design that includes sleek white cabinets, white and gray marble countertops, and a matching backsplash. Stainless steel cabinet hardware and Samsung appliances add a touch of elegance. In 2015, both the primary and guest baths underwent a complete renovation. The interior showcases laminate flooring and fresh paint throughout. This fully furnished Condo is Move-in Ready! The building offers spacious rooms with large windows, creating a light and bright ambiance. While there's no balcony, the living room features Floor-to-Ceiling Windows with remote-controlled shades. Additionally, COVERED parking space #47 is part of the package! Enjoy a range of amenities, including a waterfront pool, boat docks (first come to residents), a fishing dock, and a kayak launch with storage. Island Estates provides a self-contained community atmosphere, yet you're just a Jolley Trolley ride away from the vibrant Clearwater Beach festivities year-round. The building, constructed with block construction, recently completed a painting/envelope project. Additional upgrades include new elevators (coming soon, one completed, and pre-paid by the seller), meeting the criteria required for valuable improvements. Island Point allows one rental per year with a cap of nine at a time, requiring one year of ownership, as well as an application and approval process for proposed tenants. The condominium allows NEW Buyers to have one cat or dog (with restrictions). New owners are welcome to bring their furry friend but are not permitted to replace them. This location is unbeatable – just minutes from the beach and within walking distance to dining, a bar and grill, a grocery store, UPS, a nail salon, and the Clearwater Marine Aquarium. Whether you seek a great condo getaway, a conclusion to your 1031 Exchange, or a full-time residence, this is the perfect opportunity! What are you waiting for? Come Live the Lifestyle, Come Live on the Island!

Details

Property type

Condominium

Est. home value

$415,586

Lot size

Unknown

Price per sq ft

$322

Year built

1972

Annual property taxes

$2,673.98

HOA

Yes

Price History

10/16/2024
StellarMLS

StellarMLS #U8222100

Price change
$429,000
-9.67%
01/29/2024
StellarMLS

StellarMLS #U8222100

Removed
$474,900
11/24/2023
StellarMLS

StellarMLS #U8222100

Listed
$474,900
+203.45%

Schools & Community

Neighborhood: 

Island Estate Civic Association

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$312,748
Asking price
$429,000
Closing costs (~8% of asking)
-$34,320
Est. remaining loan balance
-$81,932
Cash to seller
$312,748

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Home Mortgage Inc

Loan start date

April 2003

Original loan amount

$173,850

Est. remaining balance

$81,932

Interest rate

5.79%

Loan type

Not Provided, 30 year

Seller

Russell G Remalia and Elizabeth M Remalia

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/14/2024 at 5:25 PM

Listing updated: 11/02/2024 at 2:06 PM

Listed by: Vickee Walthall, COASTAL PROPERTIES GROUP INTERNATIONAL Phone #: (727) 493-1555

MLS: StellarMLS #U8222100

StellarMLS logo

Recently listed in CLEARWATER