7400 SUN ISLAND DRIVE S UNIT 806, SOUTH PASADENA, FL, 33707
Active264 days on marketListed Nov 21, 2025MLS #TB8450040
About this home
7400 SUN ISLAND DRIVE S UNIT 806
Virtually Staged. $20,000 PRICE REDUCTION!! A MUST SEE PENTHOUSE CONDO. Welcome to coastal living in this completely redesigned and completely updated 2-bedroom, 2-bathroom penthouse condominium. Perfectly positioned in the Ambassador building at the sought after Bay Island Community in South Pasadena. This penthouse offers breathtaking, unobstructed views from every room. This home features new flooring throughout, sleek appliances, and all new cabinets in the kitchen; both bathrooms have been updated with double sinks and marble floors. A brand new, stackable washer and dryer has been installed for your convenience of doing laundry at home. Expansive windows flood the space with natural light and gorgeous views of Boca Ciega Bay and the Gulf of Mexico! The spacious master suite offers a walk-in closet and en-suite bathroom. The unit comes with an additional storage unit on the same floor. The Ambassador building has passed the Milestone Inspection and Structural Integrity Report, providing you with peace of mind. Bay Island is a vibrant community offering resort-style amenities: cable, internet, WIFI, trash, water, sewer, flood insurance included. Along with a 24-hour guarded security gate. The clubhouse features a ballroom, kitchen, saunas, arts and crafts studio, library, game rooms, billiards and social areas. Outdoor features include two spas, six heated pools, tennis courts, pickle ball courts, grill stations, fishing docks, marina and boat slips (boat slips purchased separately). Surrounding the entire Bay Island complex is a waterfront walking trail. Two small pets are allowed (under 15 lbs). Bay Island is ideally located just minutes to St. Pete Beach and Treasure Island. A small shopping center is located just outside the guard gate with restaurants, hair salon, etc. A short 10-minute walk over the Corey Bridge brings you to Horan Park, which offers bands and festivities on the weekends. The Corey Avenue Sunday Market offers fresh fruit and fresh produce among other items. Corey Avenue offers restaurants, bars, nightlife, shopping, and the Beach Theater. An HCA hospital is located in South Pasadena. Downtown St. Petersburg is a short 20-minute drive. St. Petersburg, many museums, art galleries, shopping, sports activities, festivals, restaurants, and nightlife. St. Pete-Clearwater International Airport and Tampa International Airport both a short distance from South Pasadena.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,325
Sqft
2.47 ac
Lot size
1971
Year built
One
Levels
$317
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,248 /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
$3,248/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. 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.
vs edgeAI estimate
−13.5%
$/sqft vs BAY ISLAND GROUP 1
$317 vs $263
Days on market
264 vs 63 typical
Where $317/sqft sits among the 9 homes for sale in BAY ISLAND GROUP 1
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)
6 of 9
BAY ISLAND GROUP 1 have cut their price
Median sold price, South Pasadena, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 40% above the SOUTH PASADENA 33707 median. See the full South Pasadena market guide →
Paper trail
This home's history
Reality check
What actually sold near 7400 SUN ISLAND DRIVE S UNIT 806
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$215,000
7400 SUN ISLAND DRIVE S UNIT 311 · same community
2 bd · 2 ba · 1,300 sqft · $165/sqft · 141 DOM
Sold · Apr ’26$270,000
7400 SUN ISLAND DRIVE S UNIT 810 · same community
2 bd · 2 ba · 1,230 sqft · $220/sqft · 23 DOM
Sold · May ’26$231,000
7400 SUN ISLAND DRIVE S UNIT 105 · same community
2 bd · 2 ba · 1,230 sqft · $188/sqft · 37 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 7400 SUN ISLAND DRIVE S UNIT 806 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 7400 SUN ISLAND DRIVE S UNIT 806 — 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
7400 SUN ISLAND DRIVE S UNIT 806 FAQs
What would the monthly payment be for 7400 SUN ISLAND DRIVE S UNIT 806?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,248/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 7400 SUN ISLAND DRIVE S UNIT 806?+
The most recent tax bill on record (2025) was $5,152. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 7400 SUN ISLAND DRIVE S UNIT 806?+
The listing reports pets: Number Limit, 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 $420,000, this home is listed about 66% above the South Pasadena median of $252,468. The market section on this page shows how the area is trending.
Which schools are assigned to 7400 SUN ISLAND DRIVE S UNIT 806?+
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
Four things that matter here
01Positioned at the premium end
$420,000 runs 40% above the SOUTH PASADENA 33707 median — but at 1,325 sqft it's also 18% larger than the typical South Pasadena listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
264 days on market against a South Pasadena median of 63 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $450,000, now $420,000 — a $30K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER REALTY · Kim Beiningen. MLS #TB8450040.
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 7400 SUN ISLAND DRIVE S UNIT 806 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 →