Island Estates is a man-made island community of about 210 acres between downtown Clearwater and Clearwater Beach, entered from Island Way off the Memorial Causeway. It holds roughly 530 single-family homes, most on canals with docks, and about 1,500 condominium units along Island Way, with its own shops and the Clearwater Marine Aquarium at its entrance.
Island Estates is one of the neighborhoods in Clearwater.
Island Estates is Clearwater’s canal-home neighborhood, a dredged island between the mainland and the beach that was built out mainly in the 1960s. It offers what Clearwater Beach itself mostly doesn’t: single-family waterfront with a dock, a short drive from the sand, and a grocery store on the island.
Shane Vanderson works with buyers and sellers on Island Estates from Engel & Völkers South Tampa, with emphasis on waterfront and boating-lifestyle buyers.
Living on Island Estates
Island Way runs the length of the island, lined with condominium buildings and a small commercial center with a grocery store, restaurants, a bank, a pharmacy, and a post office, so most errands stay on the island. The Clearwater Marine Aquarium sits at the entrance. Clearwater Beach, Pier 60, and Mandalay Avenue are a few minutes west across the causeway, and downtown Clearwater and Coachman Park are a few minutes east. Tampa International Airport is typically 30 to 40 minutes by the Courtney Campbell Causeway.
The Island Estates market
The single-family streets are finger islands of canal lots, most with seawalls, docks, and pools, and boats reach Clearwater Harbor, the Intracoastal, and the Gulf through Clearwater Pass. Lot position, water width, and dock and lift condition set the spread. The condominiums along Island Way range from 1970s mid-rises to newer towers and price on harbor views, floor, and building reserves.
The original homes date mainly from the 1960s and sit low. After the 2024 storms, the island mixes repaired originals, new elevated construction, and teardown lots. For a house, ask for the elevation certificate, the city’s damage determination, and the permit history; for a condo, the milestone inspection and reserve study. How to read a flood zone and milestone inspections and SIRS reports cover both.
Boundaries
An island in Clearwater Harbor between downtown Clearwater and Clearwater Beach, within the City of Clearwater, entered from Island Way off the Memorial Causeway. ZIP 33767, shared with Clearwater Beach.
Homes in Island Estates
About 530 single-family homes on finger-island canal lots, most with seawalls, docks, and pools, built mainly in the 1960s and now mixing originals, renovations, and new elevated construction. About 1,500 condominium units along Island Way, from 1970s mid-rises to newer towers.
Nearby amenities
Island Way shops, grocery, and restaurants; Clearwater Marine Aquarium; Clearwater Beach, Pier 60, and Mandalay Avenue across the causeway; Clearwater Marina; downtown Clearwater, Coachman Park, and The Sound; boating to the Gulf through Clearwater Pass; Tampa International Airport, typically 30 to 40 minutes.
Frequently asked questions
Is Island Estates part of Clearwater Beach?
It is part of the City of Clearwater and shares ZIP 33767 with Clearwater Beach, but it is its own island between the beach and the mainland, with mostly single-family canal homes rather than Gulf-front towers.
Do Island Estates homes have Gulf access?
Yes. Canals lead to Clearwater Harbor and the Intracoastal, and Clearwater Pass opens to the Gulf a short run away. Water depth and dock condition vary by lot.
What is on the island besides homes?
A commercial center on Island Way with a grocery store, restaurants, a bank, a pharmacy, and a post office, plus the Clearwater Marine Aquarium at the entrance.
How did the 2024 storms affect Island Estates?
Helene’s surge flooded many of the island’s original low-slung homes, as it did across the barrier islands. For any house, ask for the elevation certificate, the city’s damage determination, and the repair permits.
Where do the Island Estates market figures on this page come from?
The key-facts table is pulled from Stellar MLS and shows the month it was updated. Canal homes and Island Way condominiums behave differently, so rely on a direct valuation for a specific property.
