51 ISLAND WAY CONDO
Homes for Sale in CLEARWATER BEACH, FL

Community in CLEARWATER BEACH · Pinellas County · ZIP 33767
382 homesBuilt 1962–2023
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Built fromLive Stellar MLS data21 years of closingsFL DOR public recordsUpdated twice daily
Live · 51 ISLAND WAY CONDO Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
44%
Owner-occupied · 51 ISLAND WAY CONDO
166 of 382 parcels homesteaded (FL DOR 2025)
56%
Non-owner-occupied · 51 ISLAND WAY CONDO
incl. 10% trust or LLC-held · 36% out-of-state
80%
Cash buyers · 51 ISLAND WAY CONDO
4 of 5 sales, 12 mo ending June 2025
382
Homes in the community
382 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 1962
Community established
homes built 1962-2023, median 1978 (FL DOR 2025)
4
Failed listings · 2026
peaked at 51 in 2021
0.5%/yr
Turnover rate
about 2 of 382 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven less by any single benchmark and more by condition, floor, and view within a building stock that spans 1962 to 2023. The median sits at $270,000 against a median of about $397 per square foot on roughly 1,350 square feet, which tells you the spread is condition-driven: an updated unit and a dated one can carry very different numbers even at similar size.

The posture right now favors buyers. The median unit is taking around 50 days to sell, prices are off 8.7% year over year, and the heat score of 25 reads cool. Sellers should price to the current market rather than last year's, and buyers have room to be selective and negotiate on condition rather than chase.

Best for

  • Buyers targeting a beach-area condo who can weigh condition against the roughly $270,000 median
  • Patient shoppers comfortable comparing older and newer buildings before committing
  • Second-home or seasonal-use buyers who will vet HOA rules and finances closely

Probably not for

  • Buyers who need a quick resale or count on prices rising in the near term
  • Anyone wanting a single-family home with private land rather than a condo
  • Buyers who want a clean, deep set of comps to anchor an offer

The market around 51 ISLAND WAY CONDO

51 ISLAND WAY CONDO is a small community — 170 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

In ZIP 33767, 418 homes are on the market and 15% are under contract — a slower corner of CLEARWATER BEACH.

Across Pinellas County, 6,999 homes are active and 1,872 pending (21% under contract).

Homes here are condominium.

ZIP and county figures describe the wider market, not 51 ISLAND WAY CONDO specifically. Momentum Research analysis of MLS records.

If we were buying in 51 ISLAND WAY CONDO today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in 51 ISLAND WAY CONDO.

Best Buy
Buyers who want a beach-adjacent condo and are willing to shop condition unit by unit.
Biggest Risk
Thin closing volume and a wide building-age range make comps unreliable.
Sweet Spot
An updated unit near the median that shows well and has clean HOA finances.
Avoid If
You need fast appreciation or a quick, certain resale.

A condition-driven condo market

The value question here is almost entirely about the individual unit. With a building range from 1962 to 2023 and a median year built around 1978, you are comparing older and newer stock side by side, and the median of $270,000 masks a real range in condition, view, and floor. A renovated waterfront-facing unit and an original-finish interior unit are not the same purchase even when the square footage matches.

A homestead share near 43.5% suggests a meaningful portion of these units are not primary residences, which is typical for a beach condo market. That matters for anyone weighing rental use, HOA rules, and resale demand. With only three closings in the window, individual sales carry outsized weight in the stats, so read any one comp carefully and lean on current active inventory to triangulate.

The location and the amenities are priced into every listing in 51 ISLAND WAY CONDO. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a thin-volume, condition-driven condo market like this, the headline median tells you very little about the unit in front of you. We read the actual building, the view, the floor, and the HOA documents, and we price and negotiate off that, not off a number that only three recent closings produced. In a cooling market that discipline is what protects both a buyer's basis and a seller's timeline.

51 ISLAND WAY CONDO in 15 seconds.

Best forBuyers who want a beach-adjacent condo and are willing to shop condition unit by unit.
Biggest advantageA buyer-leaning market with softening prices and time to be selective.
Biggest riskThin closing volume and a wide building-age range make comps unreliable.
Sweet spotAn updated unit near the median that shows well and has clean HOA finances.
Avoid ifYou need fast appreciation or a quick, certain resale.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed 51 ISLAND WAY CONDO sales matched to your home.

What is your 51 ISLAND WAY CONDO home worth?

Get a no-obligation home value based on real comparable sales in 51 ISLAND WAY CONDO, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in 51 ISLAND WAY CONDO on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in 51 ISLAND WAY CONDO?
The Florida DOR 2025 assessment roll shows 382 homes in 51 ISLAND WAY CONDO (public records).
What share of 51 ISLAND WAY CONDO is owner-occupied?
44% of 51 ISLAND WAY CONDO parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in 51 ISLAND WAY CONDO built?
Homes in 51 ISLAND WAY CONDO were built between 1962 and 2023, with a median year built of 1978.0 (FL DOR 2025 roll).
Do cash buyers compete in 51 ISLAND WAY CONDO?
Cash buyers took 80% of 51 ISLAND WAY CONDO sales in the 12 months ending June 2025 (4 of 5 closings, Stellar MLS).
Who is the best real estate agent for 51 ISLAND WAY CONDO?
The best agent for 51 ISLAND WAY CONDO is one who actively works CLEARWATER BEACH and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for 51 ISLAND WAY CONDO.
How do I find a top CLEARWATER BEACH real estate agent who knows 51 ISLAND WAY CONDO?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows 51 ISLAND WAY CONDO and the wider CLEARWATER BEACH area.
Can Momentum Realty connect me with an agent for 51 ISLAND WAY CONDO?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your 51 ISLAND WAY CONDO purchase or sale - no call center and no pressure.
Buyers targeting a beach-area condo who can weigh condition against the roughly $270,000 medianExcellent fit
Patient shoppers comfortable comparing older and newer buildings before committingExcellent fit
Second-home or seasonal-use buyers who will vet HOA rules and finances closelyExcellent fit
Buyers who need a quick resale or count on prices rising in the near termProbably not
Anyone wanting a single-family home with private land rather than a condoProbably not
Buyers who want a clean, deep set of comps to anchor an offerProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (43 streets, ZIP 33767))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2005 (46 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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CallFree valuation →
Thinking of selling in 51 ISLAND WAY CONDO? 2 recorded closings (window ending 2026-08-02). See the Pinellas County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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