7540 Bay Island Drive, FL

$299,000

7540 Bay Island Drive

South Pasadena, FL 33707

Active
2
Beds
2
Baths
1,115
Sq Ft
0.73
Acres
1972
Built
Waterfront55+ community$268/sqft
Condominium

Property type

1972

Year built

31,678 sqft

Lot size

$268

Price / sq ft

No HOA

HOA dues

74

Days on market

AE

Flood zone

About this home

One or more photo(s) has been virtually staged. THE SELLER IS OPEN TO DOING SELLER FINANCING WITH 20% DOWN BY THE BUYER! Welcome to this stunning 55+ gated condo community within Bay Island. Light & bright throughout, this beautiful unit offers 2-bedrooms, 2-full baths, 1,115 square feet of living space and all located on the FIRST floor. Offering unobstructed WATER VIEWS from every room, both bedrooms feature views of the water and marina. This entire unit has been completely renovated with all new doors, walls, baseboards and new appliances. The kitchen has lots of cabinet space, and has a pass-thru for easy entertaining. The dining area has generous space for a large table and flows directly into the living room for an open concept. Lots of natural lighting through the glass sliding doors that lead out to the covered private patio, perfect for enjoying the serene waterfront vibe and sunsets. This unit boasts ceramic tile flooring throughout and includes an in unit laundry and laundry closet with a full capacity washer and dryer. Your designated covered carport (#160) is just steps away, making access a breeze. The Bermuda building is ideally located within the Bay Islands community, a vibrant well maintained neighborhood with lush landscaping throughout. Enjoy the resort style heated pools, a hot tub, marina, tiki huts, tennis and pickle ball courts and recreational facilities. There's also a barbecue area between the buildings, complete with tables and benches with a waterside view. Whether you're watching the dolphins play or boats sailing by from this beautiful first-floor home you'll enjoy the Florida lifestyle. Located close to beaches, restaurants, downtown St. Petersburg, and just a short 30 minute drive to Tampa International Airport, Bay Island is Florida living at its finest. Enjoy a scenic 1.5-mile walk around the entire complex and discover why this community is such a sought-after coastal destination with amazing water views of the Marina/Basin and Boca Ciega Bay!

Estimated monthly payment

Principal & interest$1,512
Property taxes$317
Home insurance (est.)$137

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history74 days on market

  1. Status: Active
    Mar 19, 2026
  2. Listed$299,000
    Mar 19, 2026
  3. Price increased$299,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
74
Subdivision
Bay Island Group 4a
County
Pinellas
Year built
1972
Living area
1,115 sq ft
Price/sq ft
$268
Lot size
31,678 sq ft
Lot category
1/2 to less than 1
Flood zone
AE (12103C0213H)
Annual taxes
$3,807 (2025)
Parcel #
30-31-16-03614-000-1600
MLS #
TB8487485

Interior Details

Bedrooms
2
Full bathrooms
2
Flooring
Ceramic Tile
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
Laundry
Inside, Laundry Closet
Stories / Levels
One
Direction faces
East

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Parking features
Assigned, Covered, Guest

HOA & Financial

Total monthly fees
$790/mo
Total annual fees
$9,480
HOA name
Condominium Associates / Sydney Baldwin
CDD
No
Min lease term
3 Months
Listing terms
Cash, Conventional, Owner Financing
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
Must be approved by condo association
Approval process
Must be approved by condo association

Exterior & Construction

Exterior features
Lighting, Other, Sidewalk, Sliding Doors, Tennis Court(s)
Construction materials
Block
Roof
Other
Foundation
Slab
Waterfront
Yes
Water view
Yes
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Available, Electricity Connected

Community

Pets allowed
Yes
Senior community
Yes

Room Details

RoomLevelDimensions
KitchenFirst8x6
Living RoomFirst16x14
DinetteFirst14x8
Primary BedroomFirst14x13
Bedroom 2First15x12

Listing Details

Listing date
2026-03-19
On market date
2026-03-19
Original list price
$299,000
Occupant type
Vacant
MLS area
33707 - St Pete/South Pasadena/Gulfport/St Pete Bch
Listing AOR
Suncoast Tampa
Status changed
2026-03-19
Tax legal description
BAY ISLAND GROUP NO. 4A CONDO APT 160

Flood risk

High riskFEMA Zone AEPanel 12103C0213H

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Take I-275 S, 22nd Ave S - continue to Gulfport Blvd S, Left on Pasadena Ave S, Turn right onto Sun Island Dr S, Right onto Bay Island Dr S. Guard gated.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of June 1, 2026 at 9:52 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA