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$640,000

7400 SUN ISLAND DRIVE S UNIT 802, SOUTH PASADENA, FL 33707

Active426 days on market

Beds

3

Baths

4

Sq Ft

2,435 sq ft

Year Built

1971

Lot Size

,

Garage

,

About This Property

Welcome to this UNIQUE 2 STORY PENTHOUSE, CORNER UNIT, a stunning 3 BEDROOM, 3.5 BATH residence in the highly sought-after BAY ISLAND 55+ COMMUNITY in HIGHLY SOUGHT AFTER ST. PETERSBURG, FL.! This RARE TWO-LEVEL RESIDENCE offers an Expansive Layout With PANORAMIC WATER VIEWS FROM EVERY WINDOW, and incredible potential to make it your own personal retreat! One of the Best things About the Location is that it's ONLY 1 MILE TO ST. PETERSBURG BEACH!! Step inside to discover a BRIGHT AND OPEN FLOOR PLAN featuring TWO SPACIOUS PRIMARY SUITES—One on Each Level—each with its OWN PRIVATE FULL BATH AND WALK-IN CLOSET, ideal for multi-generational living or hosting guests, and family! There is also a THIRD GENEROUSLY SIZED BEDROOM, DEDICATED OFFICE SPACE, LIVING ROOM, and SEPARATE FAMILY ROOM providing flexibility for both relaxing and entertaining! The LARGE KITCHEN with a CONVENIENT COUNTER BAR opens to the dining area and showcases BEAUTIFUL WATER VIEWS—perfect for meal prep with a view! Additional features include a RARE IN-UNIT LAUNDRY ROOM WITH UTILITY SINK, WASHER & DRYER (IT'S REALLY RARE IN THESE BUILDINGS), Offering Added Convenience and Value! Enjoy PEACEFUL MORNING COFFEE OR EVENING UNWINDING WHILE OVERLOOKING THE WATER from nearly every room in the home. This penthouse has PASSED BOTH THE MILESTONE INSPECTION AND STRUCTURAL INTEGRITY REPORT—WITH NO ASSESSMENTS, providing peace of mind for the New Owner! BAY ISLAND is a vibrant community offering RESORT-STYLE AMENITIES, including CABLE, INTERNET, WIFI, TRASH, WATER, SEWER, FLOOD INSURANCE, AND 24-HOUR GUARDED GATE SECURITY. The clubhouse features a BALLROOM AND CATERING KITCHEN, FITNESS CENTERS WITH SAUNAS, ARTS AND CRAFTS STUDIO, LIBRARY, CARD AND GAME ROOMS, BILLIARDS, and SOCIAL AREAS. Outdoor amenities include SIX POOLS AVAILABLE THROUGHOUT THE COMMUNITY, giving residents plenty of options to relax, swim, and enjoy the Florida sunshine, along with TWO SPAS, TENNIS AND PICKLEBALL COURTS, a WATERFRONT WALKING TRAIL, GRILLING STATIONS, a FISHING DOCK, and a MARINA (boat slips sold separately), AND ONLY 1 MILE TO ST PETERSBURG BEACH! Ideally located just minutes from TREASURE ISLAND, ST. PETE BEACH, AND SUNSET BEACH, and close to SHOPPING, DINING, AND MEDICAL FACILITIES, this exceptional penthouse offers both LUXURY AND CONVENIENCE. All information is presumed to be accurate but not guaranteed; buyer and/or buyer’s agent to verify all details, especially regarding COMMUNITY RULES, PET POLICIES, AND LEASING RESTRICTIONS. Don’t miss your opportunity to live in this BREATHTAKING WATERFRONT HOME—schedule your private tour today! START LIVING YOUR RETIREMENT LIFESTYLE NOW, YOUR FUTURE YOU WILL THANK YOU, AND WONDER WHY DID YOU WAIT SO LONG TO DO IT!! Information herein is deemed reliable but not guaranteed. Listing Broker/Agent makes no warranties, express or implied, as to the accuracy of any information (including, without limitation, square footage, room sizes, acreage, boundaries, lot lines, schools, utilities, zoning, or condition). Buyer and Buyer’s Agent are advised to independently verify all facts and measurements through inspections, surveys, and appropriate professionals. Seller and/or Listing Agent have not occupied the property (if applicable), and therefore have limited knowledge of the property’s history and condition; representations, if any, are based on available records and visual observation.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #TB8392932
StatusActive
Year Built1971
Stories8
Total Rooms13
ConstructionBlock, Concrete
RoofBuilt-Up, Membrane
FoundationSlab
FacesWest
SubdivisionBAY ISLAND GROUP 1
CountyPinellas
OwnershipCondominium

Interior Features

InteriorCeiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Window Treatments
FlooringCarpet, Laminate
AppliancesBuilt-In Oven, Cooktop, Dishwasher, Dryer, Range Hood, Refrigerator, Washer
LaundryLaundry Room
WindowsWindow Treatments
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorBalcony, Lighting, Sliding Doors, Tennis Court(s)
Road SurfacePaved
ViewWater
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected

Parking

GarageNo
CarportYes

HOA & Community

HOAYes
HOA Fee$1,734 / Monthly
Senior CommunityYes

Financial Details

List Price$640,000
Annual Taxes$3,184 (2024)
FinancingCash, Conventional, FHA, VA Loan
Parcel #303116036100008020

Schools

ElementaryAzalea Elementary-PN
MiddleAzalea Middle-PN
HighBoca Ciega High-PN

Directions

South on Pasadena Ave, toward St. Pete Beach (past Pasadena Hospital on right) turn west on Sun Island Dr., this is the entrance to Bay Island.

Location

7400 SUN ISLAND DRIVE S UNIT 802, SOUTH PASADENA, FL 33707

Listing Information

OfficeDALTON WADE INC
ListedJuly 14, 2025

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Home Price

$640,000

20% ($128,000)
6.75%

Loan Term

Principal & Interest$3,321
Property Tax (est.)$587
Insurance (est.)$150
Total Monthly$4,057
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $640,000 home in SOUTH PASADENA.

🏛️

FHA Loan

$22,400 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$32,000 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Pinellas County SHIP

Varies

Income-qualifying Pinellas residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee, just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: August 31, 2026.

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