7540 BAY ISLAND DRIVE S UNIT 251, SOUTH PASADENA, FL, 33707
Active136 days on marketListed Mar 27, 2026MLS #A4687791
About this home
7540 BAY ISLAND DRIVE S UNIT 251
Welcome to your perfect Florida escape in beautiful South Pasadena! This stunning, fully furnished 2-bedroom, 2-bath waterfront condo offers the ideal blend of comfort, convenience, and coastal charm—perfect for a short or long-term stay. Step inside this turnkey residence and feel instantly at home. The spacious layout is thoughtfully designed for both relaxation and functionality, featuring a bright living area, a fully equipped kitchen, dual office workspaces, and comfortable bedrooms that make extended stays effortless. Wake up each morning to serene bay views and enjoy your coffee from the comfort of your private space overlooking the water—your own peaceful slice of paradise. This FULLY FURNISHED TURNKEY unit is ready now! This tastefully decorated home features KING BEDS IN BOTH BEDROOMS (an ADJUSTABLE king bed in the master), walk-in closets, stainless steel appliances, flat screen TVs, a pull-out sofa bed with brand new queen mattress, CABLE, HI-SPEED INTERNET (with WiFi), and laundry INSIDE of the unit! Flat-screen TVs in both the master bedroom and living room and a full 2nd bathroom for your guests! Enjoy the gorgeous views of the Bay from your screened in lanai! Comes with an assigned, covered parking spot and a ton of wide-open guest parking for your visitors! Located in the sought-after Bay Island community (a 55+ community), guests enjoy a secure, well-maintained environment with beautifully landscaped grounds and a welcoming atmosphere. The community offers fantastic amenities, including 6 community pools, (including a sparkling waterfront pool), dual hot tubs, tennis, pickleball, fitness center, marina, tiki huts, gas grills, billiards, ping pong, clubhouse, and walking paths—perfect for soaking in the Florida sunshine or staying active during your stay. You can’t beat the location! Just minutes away, you’ll find the pristine white sands of Treasure Island and St. Pete Beach, consistently ranked among the best beaches in the country. Spend your days swimming, sunbathing, or enjoying breathtaking Gulf sunsets. For dining, shopping, and entertainment, you’re a short drive from vibrant Downtown St. Petersburg, where you can explore waterfront parks, art galleries, museums, and a lively restaurant scene. Don’t miss a visit to the renowned Salvador Dalí Museum or a stroll along Beach Drive. Sports fans and event seekers will love being near Tropicana Field, home of the Tampa Bay Rays, while nature lovers can explore nearby parks, boating opportunities, and scenic coastal trails. Whether you’re relocating, working remotely, or simply looking for an extended getaway, this waterfront condo offers everything you need—comfort, convenience, and an unbeatable Florida lifestyle. Come experience the best of bayfront living and make your stay truly unforgettable! ALL UTILITIES INCLUDED IN RENT! Leases 6 months or less are subject to 13% sales/vacation tax. Summer rental rates: (MAY - NOVEMBER): $2,900/month. DECEMBER: $3,500/month. In-Season rental rates: (JANUARY – APRIL): $4,900/month. AVAILABLE for 2026: April, May, June, July, August, September, October, November, December. AVAILABLE for 2027: January, February, March, April, May, June, July, August, September, October, November, December. Don't wait, this unit won't last! Gorgeous condo in one of the most sought-after communities in the area! Association approval is required ($150). Tenant is responsible for a 1-time move-out cleaning fee of $175.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,110
Sqft
0 ac
Lot size
1972
Year built
One
Levels
$3
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$181 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$181/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs South Pasadena actives
$3 vs $263
Days on market
136 vs 59 typical
Where $3/sqft sits among the 83 South Pasadena actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside South Pasadena
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know South Pasadena. See the full South Pasadena guide →
SOUTH PASADENA 33707 — neighborhood snapshot
Population
24,456
Median age
59.8
Median income
$68,560
Median home value
$344,600
Avg household
1.88
Households w/ children
1,331
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The South Pasadena market
$338K → $340K
South Pasadena median sold, yr/yr
94.4%
Sale-to-list ratio (12 mo)
50 of 83
South Pasadena actives have cut their price
Median sold price, South Pasadena, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the SOUTH PASADENA 33707 median. See the full South Pasadena market guide →
Paper trail
This home's history
Reality check
What actually sold near 7540 BAY ISLAND DRIVE S UNIT 251
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$230,000
7540 BAY ISLAND DRIVE S UNIT 251 · same community
2 bd · 2 ba · 1,110 sqft · $207/sqft · 19 DOM
Sold · May ’26$265,000
420 64TH AVENUE UNIT 307
2 bd · 2 ba · 1,131 sqft · $234/sqft · 119 DOM
Sold · Oct ’25$360,000
400 64TH AVENUE UNIT 502
2 bd · 2 ba · 1,131 sqft · $318/sqft · 29 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 7540 BAY ISLAND DRIVE S UNIT 251 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 7540 BAY ISLAND DRIVE S UNIT 251 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
7540 BAY ISLAND DRIVE S UNIT 251 FAQs
What would the monthly payment be for 7540 BAY ISLAND DRIVE S UNIT 251?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $181/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 7540 BAY ISLAND DRIVE S UNIT 251?+
The listing reports pets: Size Limit. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in South Pasadena?+
At $2,900, this home is listed about 99% below the South Pasadena median of $254,937. The market section on this page shows how the area is trending.
Which schools are assigned to 7540 BAY ISLAND DRIVE S UNIT 251?+
Gulfport Montessori Elementary School (elementary), Boca Ciega High School (high), Azalea Middle School (middle) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the SOUTH PASADENA 33707 market on paper
$2,900 is 99% below the SOUTH PASADENA 33707 median of $304,450, and at $3/sqft it sits under the South Pasadena average of $290.
02Water views
The water view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
136 days on market against a South Pasadena median of 59 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of NETWORK REAL ESTATE GROUP · Shawn Peacher. MLS #A4687791.
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 is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New South Pasadena homes, in your inbox
Like 7540 BAY ISLAND DRIVE S UNIT 251 but not quite? A daily digest of every new listing in South Pasadena — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →