For SaleRisky Deal4 days on market
51 ISLAND WAY #1100
51 ISLAND WAY #1100, CLEARWATER, FL 33767, Clearwater, FL 33767
$329,900
Listing Price
51 ISLAND WAY #1100, CLEARWATER, FL 33767
Loc: Clearwater, FL
Days Listed
4
Tax Assessed
$356k
Lot Size
2.55 acres
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Sandy Lane Elementary School
PK-5
2.2 mi away
9
Dunedin Highland Middle School
6-8
2.8 mi away
5
Clearwater High School
9-12
3.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
high-risewaterfrontmoderncondominiumbalconiesstuccocoastalmarina-viewparking-lotresidentialmid-century-modernconcrete-structurerecreational-amenitiesurban-coastal
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.73%
Total ROI
83.5%
Cash Flow
$-135/mo
DSCR
0.92
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-135/mo net cash flow with a 5.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.7%)
- • Strong rental demand in Clearwater
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-20 | Listed for sale | $329,900 | $342 |
| 1998-03-31 | Sold | $110,000 | $114 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,157.58 | $153,848 |
| 2024 | $2,031.13 | $149,512 |
| 2023 | $1,982.71 | $145,157 |
| 2022 | $1,912.38 | $140,929 |
| 2021 | $1,922.52 | $136,824 |
| 2020 | $1,909.2 | $134,935 |
| 2019 | $1,864.62 | $131,901 |
| 2018 | $1,864.62 | $129,442 |
| 2017 | $1,829.74 | $126,780 |
| 2016 | $1,719.88 | $124,172 |
| 2015 | $1,617.46 | $123,309 |
| 2014 | $1,604.89 | $122,330 |
| 2013 | $1,588.5 | $120,522 |
| 2012 | $1,550.17 | $118,507 |
| 2011 | $0 | $115,055 |
| 2010 | $0 | $113,355 |
| 2009 | $0 | $110,375 |
| 2008 | $1,310.25 | $110,265 |
| 2007 | $0 | $107,053 |
| 2005 | $0 | $169,000 |
| 2004 | $1,688.25 | $171,200 |
| 2003 | $1,655.2 | $154,900 |
| 2002 | $1,572.94 | $141,000 |
| 2001 | $1,572.94 | $114,600 |
| 2000 | $1,503.77 | $92,500 |
Similar Properties Nearby
Explore other investment opportunities in Clearwater.