7540 BAY ISLAND DRIVE S UNIT 253, SOUTH PASADENA, FL, 33707
Active22 days on marketListed Sep 29, 2026MLS #A4707784
About this home
7540 BAY ISLAND DRIVE S UNIT 253
FULLY FURNISHED WATERFRONT CONDO | LONG-TERM OR MONTH-TO-MONTH RENTALS Enjoy the Florida lifestyle at Bay Island in beautiful South Pasadena! This fully furnished, turnkey 2-bedroom, 2-bath waterfront condo is perfect for an extended vacation, seasonal stay, relocation, or comfortable long-term living. Step inside and you'll immediately appreciate the inviting layout and peaceful waterfront setting. The spacious living area features a cozy fireplace, while the fully equipped kitchen provides everything you need for an easy stay. Step onto your screened-in private lanai and enjoy tranquil bay views—perfect for morning coffee or relaxing at the end of the day. This home is offered fully furnished and turnkey, so just bring your suitcase! The primary bedroom features a King bed and walk-in closets, while the private second bedroom includes a Queen bed and flat-screen TV. Additional features include stainless steel appliances, flat-screen TVs, CABLE, HIGH-SPEED INTERNET with WiFi, and a full-size washer and dryer inside the condo. A second full bathroom provides added convenience for guests. Enjoy your own assigned covered parking space, plus abundant guest parking for visitors. BAY ISLAND AMENITIES Located in the desirable Bay Island 55+ community, residents and guests enjoy beautifully maintained grounds and an impressive selection of amenities, including: • 6 community pools, including a waterfront pool • 2 hot tubs • Tennis & pickleball • Fitness center • Community marina • Tiki huts & gas grills • Billiards & ping pong • Clubhouse • Scenic walking paths Whether you're relaxing poolside, playing pickleball, enjoying the waterfront, or simply unwinding on your private lanai, Bay Island makes it easy to enjoy the Florida lifestyle. PRIME SOUTH PASADENA LOCATION You're just minutes from the beautiful beaches of Treasure Island and St. Pete Beach, perfect for swimming, boating, fishing, watersports, and spectacular Gulf sunsets. Downtown St. Petersburg is also a short drive away, offering Beach Drive, waterfront parks, museums, galleries, restaurants, and the renowned Salvador Dalí Museum. Sports fans will appreciate the proximity to Tropicana Field, while outdoor enthusiasts can enjoy nearby parks, boating, walking trails, and scenic coastal areas. Whether you're escaping the cold, relocating, working remotely, or looking for an extended Florida getaway, this waterfront condo offers the perfect combination of comfort, convenience, resort-style amenities, and location. ALL UTILITIES INCLUDED IN RENT! Leases of 6 months or less are subject to 13% sales/vacation rental tax. RENTAL RATES: • Off-Season (May–December): $2,750/month • In-Season (January–April): $3,850/month • Annual: $3,500/month AVAILABLE 2026: October, November, December AVAILABLE 2027: January, February, March, April, May, June, July, August, September, October, November, December Association approval required. Association Application fee: $150. Tenant responsible for a one-time $225 move-out cleaning fee. Don't miss your opportunity to enjoy waterfront living in one of the area's most desirable 55+ communities. This furnished condo is ready to become your Florida home away from home!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,170
Sqft
0.73 ac
Lot size
1972
Year built
One
Levels
$2
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.
$183 /mo · 3.5% down FHA, 30-yr fixed at 7.5%
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
$183/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.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
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
$2 vs $269
Days on market
22 vs 84 typical
Where $2/sqft sits among the 91 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 → $263K
South Pasadena median sold, yr/yr
94.4%
Sale-to-list ratio (12 mo)
50 of 91
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 253
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 · Aug ’26$292,000
7540 BAY ISLAND DRIVE S UNIT 162 · same community
2 bd · 2 ba · 1,110 sqft · $263/sqft · 59 DOM
Sold · Aug ’26$475,000
420 64TH AVENUE UNIT 903
2 bd · 2 ba · 1,131 sqft · $420/sqft · 172 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
Kevin Johnson
CEO & Managing Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 7540 BAY ISLAND DRIVE S UNIT 253 — 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 253 — before you fall in love.
See it in person
Schedule a tour
Live availability from Kevin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
7540 BAY ISLAND DRIVE S UNIT 253 FAQs
What would the monthly payment be for 7540 BAY ISLAND DRIVE S UNIT 253?+
With 3.5% down on a 30-year FHA loan at 7.5%, the all-in payment lands around $183/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 253?+
The listing reports pets: Cats OK, Dogs OK, Size Limit, Yes. 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 $2,750, this home is listed about 99% below the South Pasadena median of $264,900. The market section on this page shows how the area is trending.
Which schools are assigned to 7540 BAY ISLAND DRIVE S UNIT 253?+
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.
Keep looking
Similar homes nearby
Listing courtesy of NETWORK REAL ESTATE GROUP · Shawn Peacher. MLS #A4707784.
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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