620 BAYWAY BOULEVARD 5, Clearwater Beach, FL 33767

• 3 beds |
• 3 baths |
• 2,269 sqft

Property Description

NO MINIMUM RENTAL PERIOD • FULLY FURNISHED • DEEDED DEEP-WATER BOAT SLIP! 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)

Listing Status:

Active

Date Added:

July 9, 2026

Data Last Updated:

August 13, 2026 at 4:23PM

Listing Office:

MAGNATE REALTY, LLC : 727-424-6499

Listing Agent:

Chrisy Tellis : 727-424-6499

Contact:

727-424-6499

MLS ID:

TB8526348

Interior

• General: Ceiling Fans(s)Eat-in KitchenElevatorHigh CeilingsOpen FloorplanPrimaryBedroom UpstairsSolid Surface CountersSolid Wood CabinetsSplit BedroomStone Counters
• Appliances: DishwasherDisposalDryerElectric Water HeaterIce MakerMicrowaveRangeRefrigeratorWasher
• Laundry: InsideLaundry Room
• Flooring: CarpetTile
• A/C: Central Air
• Heating: Electric

Exterior

• General: BalconyFrench DoorsOutdoor ShowerPrivate EntranceRain GuttersSliding DoorsStorage
• Other Structures: PorchDeckRear PorchPatioCovered
• Parking: Garage Door OpenerOversizedTandemBasementWorkshop in Garage

Construction

• Roofing: Built-UpTile
• Windows: Blinds
• General: BlockStuccoThree Or MoreSlab

Location

• Road/Access: Paved
• HOA Amenities: Common Area TaxesPoolEscrow Reserves FundInsuranceMaintenance StructureMaintenance Grounds852.5Monthly
• Originating MLS: Stellar MLS
• County: Pinellas

Lot

• Zoning: MOORINGS TOWNHOMES IA LOT 508-29-15-58925-000-0050
• View: PoolWater
• Fencing: Fenced

Utilities

• Utilities: BB/HS Internet AvailableCable ConnectedElectricity ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple