7401 BAY ISLAND DRIVE S UNIT 232, SOUTH PASADENA, FL, 33707
Active158 days on marketListed Mar 6, 2026MLS #TB8483488
About this home
7401 BAY ISLAND DRIVE S UNIT 232
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.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,170
Sqft
1.72 ac
Lot size
1973
Year built
One
Levels
$256
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 and the real association fee — not generic estimates.
$3,414 /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
$3,414/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
−26.2%
$/sqft vs South Pasadena actives
$256 vs $263
Days on market
158 vs 61 typical
Where $256/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)
52 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 1% 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 7401 BAY ISLAND DRIVE S UNIT 232
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$185,000
7405 BAY ISLAND DRIVE S UNIT 220 · same community
2 bd · 2 ba · 1,110 sqft · $167/sqft · 406 DOM
Sold · Nov ’25$200,000
7401 BAY ISLAND DRIVE S UNIT 338 · same community
2 bd · 2 ba · 1,110 sqft · $180/sqft · 91 DOM
Sold · Jun ’26$180,000
7405 BAY ISLAND DRIVE S UNIT 123 · same community
1 bd · 1 ba · 725 sqft · $248/sqft · 175 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 7401 BAY ISLAND DRIVE S UNIT 232 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 7401 BAY ISLAND DRIVE S UNIT 232 — 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
7401 BAY ISLAND DRIVE S UNIT 232 FAQs
What would the monthly payment be for 7401 BAY ISLAND DRIVE S UNIT 232?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,414/mo — principal and interest, the actual property-tax bill, the $961/mo association fee 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.
How much are the HOA fees at 7401 BAY ISLAND DRIVE S UNIT 232?+
The association fee works out to $961 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 7401 BAY ISLAND DRIVE S UNIT 232?+
The most recent tax bill on record (2025) was $4,734. 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 7401 BAY ISLAND DRIVE S UNIT 232?+
The listing reports pets: Cats OK, Dogs OK. 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 $300,000, this home is listed about 18% above the South Pasadena median of $254,969. The market section on this page shows how the area is trending.
Which schools are assigned to 7401 BAY ISLAND DRIVE S UNIT 232?+
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
01Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
02Know the monthly fee
The association fee is $961/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
03Time on market is leverage
158 days on market against a South Pasadena median of 61 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of REAL BROKER, LLC · Anthony Cribben. MLS #TB8483488.
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.
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