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$243,000

7400 SUN ISLAND DRIVE S UNIT 501, SOUTH PASADENA, FL 33707

3D Tour
Active358 days on market

Beds

2

Baths

2

Sq Ft

1,300 sq ft

Year Built

1971

Lot Size

—

Garage

—

About This Property

Welcome to Bay Island living from this spacious 5th-floor CORNER UNIT! Offering approximately 1,300 square feet, this 2-bedroom, 2-bath condo combines a generous floor plan with the added privacy and natural light that comes with a corner location. Inside, you'll find an updated kitchen, spacious living and dining areas, two full bathrooms, and plenty of room for both everyday living and entertaining. Step outside to the screened balcony to enjoy the Florida weather, elevated views and a glimpse of the surrounding water. Bay Island is a gated 55+ waterfront community with an incredible list of amenities, including multiple heated pools, clubhouse, fitness facilities, tennis and pickleball, shuffleboard, marina, fishing areas and a scenic waterfront walking path. Located just minutes from the Gulf beaches, shopping, restaurants and all that St. Petersburg has to offer, this is an opportunity to enjoy the space of a 1,300-square-foot home with the convenience and amenities of the Florida condo lifestyle. Whether you're looking for a full-time residence or a seasonal Florida escape, Unit 501 offers a great combination of SPACE, LOCATION and LIFESTYLE in one of the area's most established 55+ communities.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #TB8430637
StatusActive
Year Built1971
Stories1
Total Rooms5
ConstructionBlock, Brick
RoofMembrane
FoundationBlock
FacesSoutheast
SubdivisionBAY ISLAND GROUP 1
CountyPinellas
OwnershipCondominium

Interior Features

InteriorAccessibility Features, Ceiling Fan(s), Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
FlooringCeramic Tile, Recycled/Composite Flooring
AppliancesDishwasher, Electric Water Heater, Microwave, Range, Refrigerator
LaundryCommon Area, Upper Level
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorBalcony, Lighting, Outdoor Grill, Private Mailbox, Sidewalk, Storage, Tennis Court(s)
Road SurfaceAsphalt, Paved
ViewCity, Water

Pool & Spa

Private PoolNo
Pool FeaturesIn Ground
SpaIn Ground

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

Parking

GarageNo
CarportYes

HOA & Community

HOAYes
Senior CommunityYes

Financial Details

List Price$243,000
Original Price$299,000
Annual Taxes$1,046 (2024)
FinancingCash, Conventional, FHA
Parcel #303116036100005010

Directions

From Pasadena Ave, turn right onto Sun Island Drive. Past the guard shack, Ambassador building is the first building on the left hand side.

Location

7400 SUN ISLAND DRIVE S UNIT 501, SOUTH PASADENA, FL 33707

Listing Information

OfficeYELLOWFIN REALTY
ListedSeptember 27, 2025

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Home Price

$243,000

20% ($48,600)
6.75%

Loan Term

Principal & Interest$1,261
Property Tax (est.)$223
Insurance (est.)$150
Total Monthly$1,634
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How to Buy This Home

Multiple financing options available for this $243,000 home in SOUTH PASADENA.

🏛️

FHA Loan

$8,505 Down

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

🏦

Conventional

$12,150 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: September 25, 2026.

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