Single Family Residence at 137 MIDWAY IS, CLEARWATER
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27 photos

$1,200,000

137 MIDWAY IS
CLEARWATER, FL 33767
Listed by Tara Zellers
Bedrooms
3
Bathrooms
2
Living area
1,627 sqft
Year built
1961

About this home

WATERFRONT OPPORTUNITY IN EXCLUSIVE ISLAND ESTATES! Welcome to 137 Midway Island, a rare opportunity to own a 3-bedroom, 2-bath waterfront home in the highly sought-after Island Estates community of Clearwater Beach. Just minutes from the sugar-white sands of Clearwater Beach, this exceptional location puts you close to the Clearwater Marine Aquarium, restaurants, bars, shopping, entertainment, and everything that makes Clearwater Beach one of Florida’s most desirable destinations. For boating enthusiasts, this property delivers the ultimate Florida lifestyle with direct Gulf access, a private dock, boat lift, and fish cleaning station. Step outside and you're ready to spend the day on the water, fishing, cruising, or simply enjoying the beautiful surroundings from your own backyard. Inside, the home features terrazzo flooring throughout and offers the convenience of all-new appliances installed in 2024. The roof was replaced in 2021, providing an important recent improvement for the next owner. And then there is the opportunity that makes this property truly exciting. The property has a slight subsidence area near the pool, creating an incredible chance for the new owner to reimagine the outdoor space. The existing pool is currently usable, while the future owner can explore remediation options and potentially transform the pool area into the waterfront oasis they've always dreamed of. Imagine designing a brand-new pool and outdoor entertaining space perfectly suited to your lifestyle while taking advantage of this spectacular waterfront setting. Whether you're looking for a waterfront investment, vacation property, seasonal retreat, or a home you can customize into your dream Florida escape, this property offers something incredibly difficult to find: Island Estates location, Gulf access, private boating amenities, and tremendous potential, all at an exceptional price point. Opportunities like this don't come along often. Bring your vision, your boat, and your dreams of Florida waterfront living and make 137 Midway Island your own!

Highlights

WaterfrontPrivate pool

Property details

MLS #
MFRTB8551463
Property type
Single Family Residence
Subdivision
ISLAND ESTATES OF CLEARWATER
Status
Active
Days on market
1
On market date
September 24, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
2
Parking spaces
N/A
Lot size
0.22 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
SANDY LANE ELEMENTARY SCHOOL
1.98 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
324
Student:teacher ratio
10.5:1
District
PINELLAS
Middle
DUNEDIN HIGHLAND MIDDLE SCHOOL
2.56 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,022
Student:teacher ratio
19.7:1
District
PINELLAS
High
CLEARWATER HIGH SCHOOL
3.67 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,563
Student:teacher ratio
20.3:1
District
PINELLAS

Walkability

Blended score for CLEARWATER's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

71
Walkable
out of 100
EPA National Walkability Index
11.7 / 20 -- Above average walkable
Nearby-amenity density
90 / 100
Restaurants & cafes20
Grocery stores2
Parks9
Schools4
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in CLEARWATER, from live MLS data.

On the market 1 days -- 106 fewer days than CLEARWATER's current average of 107 days.
For reference, the median list price across 1,779 active listings in CLEARWATER right now is $224,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$7,377/mo
$240,000 down
$960,000 loan
Principal & interest$6,227
Property tax (est.)$1,000
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 11 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.