736 ISLAND WAY 201 One or more photo(s) has been virtually staged. ****New price!! $50, 000 price reduction to account for upcoming assessment for replacement of hurricane rated windows and sliders. Investment opportunity. Property is leased with an annual tenant starting March 15, 2024 that is paying $2, 100/month.**** Welcome to Island Estates and experience the ultimate island lifestyle in this sought-after community! This condo is the best value on the island!! With 1, 235 sq ft this is one of the largest 1 bedroom condos on island, recently updated, and offering 2 full bathrooms! Located on the 2nd floor of a well-maintained building in the coveted Island Way community, and featuring two full balconies with complete privacy, this property offers the ultimate Florida lifestyle. This community offers all the conveniences you need on-island, including shopping, banking, dining, quick mart, banks, Publix, UPS store, nail salon, & a dry cleaner. Located less than 2 miles from the beautiful sugar-white sands of award-winning Clearwater Beach, & with a Jolly Trolly stop right outside the building, getting to the beach is a breeze! As you enter this condo, you are greeted by a large open living room filled with natural light from the multiple sliders leading to the first of two private balconies. The interior was updated about 5 years ago and features elegant granite countertops, laminate floors, easy-care tile in the kitchen and baths. The open-concept living space is ideal for entertaining, with a spacious & airy feel that seamlessly leads to the balcony and into the kitchen. The kitchen boasts lots of storage and plenty of counter space perfect for preparing meals or hosting gatherings with friends & family. Both balconies offer the ultimate private escape to enjoy year-round breezes and indoor/outdoor living. Guests have access to a full bathroom with walk-in shower at the entrance of the unit. The primary suite offers ample space with a large ensuite bathroom with a soaking tub, private balcony, and a large closet with organization system. Additional features of this extra large 1 bedroom condo include an in-unit laundry closet, secure entry lobby, & covered parking. This building offers everything needed for recreation, including a fishing dock & the option to purchase a boat slip when available, a resort-style geothermal pool, fitness area, & community rooms with a catering kitchen, a tennis court, clubhouse, & saunas. The building itself underwent major capital improvements in 2017, including a partial roof replacement, elevators, cosmetic upgrades in the lobby, fresh coat of paint on the outside, & an expansive new pool deck with tiki huts. One pet is welcome up to 25 lbs & there's a 6-month+ rental policy, making this a perfect option for those that want low maintenance living with rental options. The maintenance fee covers: maintenance of building & grounds, escrow reserve funds, exterior insurance, sewer, trash, water, basic cable, & internet. This building is well maintained and well funded. Enjoy peace & quiet island life with easy access to highways, Tampa International Airport (TIA), International Plaza & Bay Street in Tampa, downtown St. Pete, and all the cultural, shopping, entertainment, and culinary experiences that make the Tampa Bay Area a great place to live, work, & play. Schedule your private showing today!