NOT LISTED FOR SALE

7425 Bay Island Dr S Unit 202 South Pasadena, FL 33707

South Pasadena Neighborhood

Estimated Value: $195,000 - $271,000

1 Bed
1 Bath
765 Sq Ft
$454/mo HOA Fee

Last Sold August 17, 2022

Last sale price $300,000 $392 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $1,857/month

46 Days on Market

Highlights

  • 1,300 Feet of Waterfront
  • Access To Intracoastal Waterway
  • Fishing
  • White Water Ocean Views
  • Fitness Center
  • Senior Community

About This Home

As of August 2022

Everything is New in this adorable 1 Bedroom, Waterfront condo with convenient Covered parking and, mesmerizing tranquil water views on Redfish Pass. 2 Pet-friendly, IF they are ONLY 15lbs. New Storm Impact Windows throughout the Condo. The Living Room's Large Picture
windows are superb. The entire Condo has durable waterproof Lifeproof LVP flooring and tall baseboards. New Electrical Panel Wiring and
Outlets, No messy cables here. New HWT but the AC System is about 5yrs Young. Updated Bathroom has New Tub-shower, valves, and modern faucets with its New Vanity. No Washer and Dryer only half a Hook-Up, as they use the space for their portable wine cooler. You will love the large windows in the kitchen and dining room for cross breezes, especially when cooking in this lovely updated Kitchen which includes new Cabinets, a BOSCH Dishwasher, and LG Fridge, Microwave, and Range. New closet doors in the Pantry, just off the Kitchen and the other colsets all are ELFA "organized'. One-month rentals are allowed. The Bay Island and active 55 plus Community offer lots of shared of amenities including: 24 hour guard/security gate, first come, first serve Marina & Boat Docks, 6 heated pools and 2 outdoor spas, two story clubhouse with full kitchen and lounge area for elegant ballroom or casual parties, completely separate male and female gyms, each with a sauna, billiard room, card room,
ping pong and darts, 1.5 mile waterfront walking track, tennis courts, pickleball courts and a Tiki hut picnic/BBQ area right along the water. The Bay Island Community is a short 10 minute drive from the beach where you can slip your toes in the sugary sand or you can take a trip to
downtown St Petersburg where you can walk on the brand new Pier and enjoy everything that the city has to offer. Call to inquire today.

Last Agent to Sell the Property

Diana Sames

RE/MAX PREFERRED License #668318 Listed on: 05/26/2022

RE/MAX PREFERRED

Last Buyer's Agent

Adam Benmbark

KELLER WILLIAMS ST PETE REALTY License #3428408

KELLER WILLIAMS ST PETE REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,475

Year Built

  • Built in 1972

Lot Details

  • 1,300 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • West Facing Home
  • Condo Land Included

HOA Fees

  • $454 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Intracoastal
  • Canal

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 765 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Vinyl Flooring

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Access To Intracoastal Waterway
  • Access To Marina
  • Access to Bay or Harbor
  • Access to Saltwater Canal
  • First Come-First Served Dock
  • Seawall
  • Dock made with Composite Material
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Wheelchair Access
  • Reclaimed Water Irrigation System

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include 24-hour guard, cable TV, common area taxes, community pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Bay Island Association, Phone Number (727) 360-2751
  • Bay Island Group 2 Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Fishing
  • Park
  • Trails

Pet Policy

  • Pets up to 15 lbs
  • Pet Size Limit

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,475

Year Built

Built in 1972

Lot Details

0

HOA Fees

$454 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Other, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete
  • Fireplace: Yes
  • Living Area: 765
  • Lot Size Acres: 0.61
  • New Construction: No
  • Year Built: 1972
  • Lot Size Sq Ft: 26707
  • Directions to Property: 66th St North / fl 693 to South Pasadenna Ave turn left to the Guard gate ready to give them the address and show your driver's license.
  • Status: Sold
  • Street Post Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8163619?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8163619?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98361
  • Price per Sq Ft: 392.16
  • Close to Original List Price Ratio: 0.98361
  • View: No
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: Three Or More
  • Stories: 1
  • Street Number Modifier: 7425
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Outdoor Grill
  • Roof: Built-Up
  • Pool Private: No
  • Water Body Name: Interacoastal Waterway
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Bay/Harbor - Full, Canal, Intracoastal Waterway
  • Water Access: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway, Marina
  • Water Extras: Dock - Composite, Dock - Slip 1st Come, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 1300
  • Water Frontage Feet I C W: 400
  • Water Frontage Feet Marina: 100
  • Water Frontage Feet Bay Harbor: 400
  • Water Frontage Feet Canal Salt: 400

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest, Off Street
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Gated Community, Golf Carts OK, Irrigation-Reclaimed Water, Park, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Clubhouse, Fitness Center, Gated, Laundry, Maintenance, Pool, Recreation Facilities, Security, Shuffleboard Court, Tennis Court(s), Trail(s), Wheelchair Access
  • Association Name: Bay Island Association
  • Phone: 727-360-2751
  • Association: Yes
  • Senior Community: Yes
  • Condo Fees: 454
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 454
  • Amenities Additional Fees: Boat Lifts /Dockage are Assigned sorry.
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5448
  • Total Monthly Fees: 454

Lot Info

  • Parcel Number: 30-31-16-03611-000-2020
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Size Limit, Yes
  • Pet Size: Very Small (Under 15 Lbs.)
  • Max Pet Weight: 15
  • Minimum Lease: 1 Month
  • Approval Process: Allow 10 -20 days for Approval by the BAHAMA Association.
  • Num Timesper Year: 4
  • Pet Restrictions: 2 Pets, however ONLY 15lbs total weight.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Note the additional restriction of 4 times rental per year is a SOUTH PASADENA city rule.

Tax Info

  • Tax Annual Amount: 2474.9
  • Tax Block: 000
  • Tax Book Number: 10-42
  • Tax Lot: 000

Multi Family

  • Waterfront Features: Bay/Harbor, Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Aug 17, 2022
Sold by
Sarah Jane Seaman Inter Vivos Trust
Bought by
Eakley Margaret
Seller's Agent
Diana Sames
RE/MAX PREFERRED
Buyer's Agent
Adam Benmbark
KELLER WILLIAMS ST PETE REALTY
List Price
$305,000
Sold Price
$300,000
Premium/Discount to List
-$5,000
-1.64%
Current Estimated Value
$239,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,712
Avg. Annual Appreciation
-4.59%
Original Mortgage
$100,000
Outstanding Balance
$96,103
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$164,691

Purchase Details

Closed on
Dec 7, 2020
Sold by
Seaman Sarah Jane
Bought by
Sarah Jane Seaman Inter Vivos Revocable Trust and Seaman

Purchase Details

Listed on
Apr 13, 2020
Closed on
Aug 27, 2020
Sold by
Tiger Investment Group Inc
Bought by
Seaman Sarah and Linden Patrick
Seller's Agent
Moe Mossa
SAVVY AVENUE, LLC
Buyer's Agent
Diana Sames
RE/MAX PREFERRED
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.98%

Purchase Details

Closed on
Jun 19, 2020
Sold by
Florida Capital Bank Na
Bought by
Tiger Investment Group Inc

Purchase Details

Closed on
Jul 13, 2012
Sold by
27 Madison Avenue Limited Partnership
Bought by
Alatorre Luis and Garcia Alatorre Michelle

Purchase Details

Closed on
Jul 23, 2009
Sold by
Burghoffer Joseph and Burghoffer Edna
Bought by
27 Madison Avenue Limited Partnership
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eakley Margaret $300,000 New Title Company Name
Sarah Jane Seaman Inter Vivos Revocable Trust $100 Jordan Edward P
Seaman Sarah $120,000 Attorney
Tiger Investment Group Inc -- Attorney
Alatorre Luis $66,000 Sunbelt Title Agency
27 Madison Avenue Limited Partnership -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eakley Margaret $100,000
Previous Owner Alatorre Luis $267,100
Previous Owner Burghoffer Joseph $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $300,000 -1.6% $392 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $305,000 +154.2% $399 / Sq Ft
08/28/2020 08/28/20 Sold $120,000 -13.7% $157 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/08/2020 07/08/20 Price Changed $139,000 -2.8% $182 / Sq Ft
06/02/2020 06/02/20 Price Changed $143,000 -4.0% $187 / Sq Ft
05/28/2020 05/28/20 Price Changed $149,000 -0.7% $195 / Sq Ft
04/13/2020 04/13/20 For Sale $150,000 -- $196 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,190 $114,767 -- --
2023 $1,190 $111,424 $0 $0
2022 $2,955 $188,826 $0 $188,826
2021 $2,475 $132,960 $0 $0
2020 $2,251 $123,632 $0 $0
2019 $2,107 $123,380 $0 $123,380
2018 $1,924 $110,884 $0 $0
2017 $1,787 $105,157 $0 $0
2016 $1,620 $91,002 $0 $0
2015 $1,494 $80,679 $0 $0
2014 $1,260 $70,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8163619

Stellar MLS

APN: 30-31-16-03611-000-2020