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3 Beds
3 Baths
2,269 sqft

$999,000

620 BAYWAY BLVD #5, CLEARWATER BEACH FL, 33767

Price per sqft$440.28
Built in2004
Property size2,269 sqft
Property typeTownhomes
Courtesy of MAGNATE REALTY, LLC, Chrisy Tellis  Listing Contact: 727-424-6499

Overview

Active

Listed Jul 9, 2026

Updated 2 days ago

RARE SHORT-TERM RENTAL OPPORTUNITY! 1-NIGHT RENTALS ARE ALLOWED, offering exceptional flexibility for vacation rental use. This fully furnished waterfront townhome also includes a DEEDED DEEP-WATER BOAT SLIP WITH ELECTRIC AND WATER, creating a rare opportunity to own a turn-key property on Clearwater Beach.Rare turn key opportunity to own one of Clearwater Beach's few luxury waterfront townhomes permitting SHORT-TERM RENTALS. Boat slip with electric and water—a true boater's paradise! Whether you're seeking a luxury waterfront residence, an unforgettable vacation retreat, or an income-producing investment, this exceptional property offers unmatched versatility. This beautifully appointed 3-bedroom, 3-bath residence seamlessly blends luxury, comfort, and investment potential. The open-concept floor plan features soaring ceilings, abundant natural light, a private elevator servicing all livable levels, multiple waterfront balconies, and breathtaking Intracoastal Waterway views. The gourmet kitchen is appointed with solid wood cabinetry, stone countertops, a breakfast bar, pantry, stainless steel appliances, and an induction range. The spacious primary suite serves as a private retreat with a spa-inspired ensuite featuring dual vanities, a Jacuzzi soaking tub, a separate walk-in shower, and generous closet space. Enjoy the ultimate Florida waterfront lifestyle with a private pool, an oversized garage with a workshop and abundant storage, and direct boating access to the Intracoastal Waterway and the Gulf of America. Notable improvements include tile roof (2021), TPO roof (2022), stainless steel water heater (2021), kitchen appliances (2020/2024), downstairs HVAC air handler and condenser (July 2020), upstairs air handler (2017) with updated condenser, plumbing fixtures and toilets replaced (2020).Just steps from paradise, enjoy a short 1/3-mile walk to the sugar-white sands of world-famous Clearwater Beach, where stunning Gulf views, waterfront dining, boutique shopping, marinas, boat tours, and endless coastal entertainment await. This exceptional residence offers the rare combination of luxury coastal living, premier boating amenities, and outstanding short-term rental potential. The property generated approximately $75,000 in gross rental income in 2023. In 2024, it generated approximately $59,500 in gross rental income (owner usage limited booking/rental income in 2024)

$6,646/mo

Est. mortgage payment based on a $999,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
TB8526348

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.05 Acres

Other Property Details

Taxes
$18,406
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
View
Yes
Pets Allowed
Yes
Furnished
Yes
Waterfront
Yes
55+/Senior Community
No

Listings courtesy of Stellar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Upwell Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 8:09 PM UTC on 10/7/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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