For sale Townhouse

Listed Jul 8, 2026

$965,000 Est. $6,383/mo

620 Bayway Boulevard #5

  • 3

    Beds

  • 3

    Baths

  • 2,269

    Sq ft

The story

  • Waterfront

PRICE IMPROVEMENT $965,000! 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)

Facts & features

Home type

Townhouse

Year built

2004

Floors

3

Price per sq ft

$425

HOA

$853 / monthly

Parking

2-car garage

Included features

  • Cooling

    Central Air

  • Heating

    Electric

  • Appliances

    Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer

  • Flooring

    Carpet, Tile

  • Roof

    Built-Up, Tile

  • Lot Information

    Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Paved

  • Exterior

    Balcony, Outdoor Shower, Private Entrance, Rain Gutters, Storage

  • Water Source

    Public

  • Sewer

    Public Sewer

  • View

    Water

Mortgage calculator

Estimated monthly payment

$6,383 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $5,136
  • Property tax $965
  • Insurance $281

Includes principal, interest, taxes & insurance.

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Listing Broker

MAGNATE REALTY, LLC

Broker Name

MAGNATE REALTY, LLC

Agent

Chrisy Tellis