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$260,000

7401 BAY ISLAND DRIVE S UNIT 232, SOUTH PASADENA, FL 33707

3D Tour
Active229 days on market

Beds

2

Baths

2

Sq Ft

1,170 sq ft

Year Built

1973

Lot Size

1.72 acres

Garage

,

About This Property

Welcome to the desirable 55+ waterfront community of Bay Island in South Pasadena. This well-maintained 2-bedroom, 2-bath condominium offers comfortable coastal living just minutes from the Gulf beaches. The bright and open living and dining area leads to a private balcony where you can relax and enjoy the Florida lifestyle. Bay Island is a gated community with 24-hour security and resort-style amenities including multiple heated pools, a waterfront clubhouse, fitness center, tennis courts, walking paths, and community activities. Boat slips and waterfront access may be available through the association. Conveniently located near St. Pete Beach, shopping, dining, and entertainment. Easy access to downtown St. Petersburg, Tampa International Airport, and area hospitals. Whether you're looking for a seasonal retreat or a full-time residence, this condo offers the perfect blend of comfort, security, and coastal living.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #TB8483488
StatusActive
Year Built1973
Stories1
Total Rooms4
ConstructionConcrete
RoofConcrete
FoundationSlab
FacesSouth
SubdivisionBAY ISLAND GROUP 6
CountyPinellas
OwnershipCondominium
FurnishedPartially

Interior Features

InteriorCeiling Fan(s), Other, Split Bedroom
FlooringCeramic Tile
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer
LaundryInside
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorBalcony, Other
Lot Size1.72 acres (74,704 sq ft)
Road SurfacePaved
ViewPool, Water
0

Waterfront

WaterfrontYes
FeaturesBay/Harbor

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesOther

Parking

GarageNo
CarportYes

HOA & Community

HOAYes
HOA Fee$961 / Monthly
Senior CommunityYes

Financial Details

List Price$260,000
Original Price$300,000
Annual Taxes$4,734 (2025)
FinancingCash, Conventional, FHA, VA Loan
Parcel #303116036160000232

Directions

From Pasadena Ave S, turn west onto Bay Island Dr S. Proceed through the guard gate and follow the road to Building 6 (Jamaica). Guest parking available near the building.

Location

7401 BAY ISLAND DRIVE S UNIT 232, SOUTH PASADENA, FL 33707

Listing Information

OfficeREAL BROKER, LLC
ListedMarch 6, 2026

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Home Price

$260,000

20% ($52,000)
6.75%

Loan Term

Principal & Interest$1,349
Property Tax (est.)$238
Insurance (est.)$150
Total Monthly$1,737
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How to Buy This Home

Multiple financing options available for this $260,000 home in SOUTH PASADENA.

🏛️

FHA Loan

$9,100 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

$13,000 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: October 21, 2026.

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