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$235,000

7540 BAY ISLAND DRIVE S UNIT 355, SOUTH PASADENA, FL 33707

3D Tour
Active4 days on market

Beds

1

Baths

2

Sq Ft

905 sq ft

Year Built

1972

Lot Size

,

Garage

0

About This Property

This beautifully updated waterfront condo is ready for new owners! It is located in Bay Island, a gated resort-style waterfront community that boasts 6 pools, tennis courts, pickleball courts, a waterfront clubhouse, fitness center, walking paths, 24-hour security, and community activities. You'll love the wonderful views of Boca Ciega Bay and the community marina. The open kitchen and great room flow nicely and allow you to enjoy water views throughout the unit. Updates include new quartz countertops, kitchen backsplash, refrigerator, sink, range, large kitchen tile flooring, light fixtures, impact windows, and a brand new primary bathroom with a glass door shower. The hall bath also has new countertops, a new toilet, and a new light fixture. Everything has also been freshly painted. LVP flooring runs throughout the great room and bedroom. This condo is high and dry on the 3rd floor and also includes hurricane shutters. This unit has inside laundry and there is a brand new laundry room on the 3rd floor if you need it for comforters or other large items. The Bermuda building also has a new roof! If you're looking for your slice of paradise, it's time to schedule a showing.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #TB8563182
StatusActive
Year Built1972
Stories3
Total Rooms3
ConstructionBlock
RoofMembrane
FoundationSlab
FacesEast
SubdivisionBAY ISLAND GROUP 4A
CountyPinellas
OwnershipCondominium

Interior Features

InteriorCeiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Thermostat
FlooringLuxury Vinyl, Tile
AppliancesDishwasher, Disposal, Dryer, Range, Refrigerator, Washer
LaundryInside
WindowsStorm Window(s)
CoolingCentral Air
HeatingElectric

Exterior & Lot

ExteriorBalcony, Hurricane Shutters, Sidewalk, Sliding Doors, Smart Lock(s)
Road SurfacePaved, Asphalt
ViewWater
0

Waterfront

WaterfrontYes
FeaturesIntracoastal Waterway

Utilities

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

Parking

GarageNo
CarportYes

HOA & Community

HOAYes
Senior CommunityYes

Financial Details

List Price$235,000
Annual Taxes$3,249 (2025)
FinancingCash, Conventional
ZoningRES
Parcel #303116036140003550

Directions

From Central, head south on Pasadena Drive. Turn right on Sun Island Drive. Go through guard gate then turn right on Bay Island Drive and follow to address.

Location

7540 BAY ISLAND DRIVE S UNIT 355, SOUTH PASADENA, FL 33707

Listing Information

OfficeCOASTAL PROPERTIES GROUP
ListedOctober 30, 2026

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Home Price

$235,000

20% ($47,000)
6.75%

Loan Term

Principal & Interest$1,219
Property Tax (est.)$215
Insurance (est.)$150
Total Monthly$1,585
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How to Buy This Home

Multiple financing options available for this $235,000 home in SOUTH PASADENA.

🏦

Conventional

$11,750 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: November 3, 2026.

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