7540 Bay Island Dr S Unit 253 South Pasadena, FL 33707
South Pasadena Neighborhood
2
Beds
2
Baths
1,170
Sq Ft
$818/mo
HOA Fee
Highlights
- White Water Ocean Views
- Fitness Center
- Gated Community
- Access to Bay or Harbor
- Senior Community
- 0.73 Acre Lot
About This Home
As of April 2025Waterfront Living Awaits in Bay Island – A 55+ Paradise! Dreaming of a waterfront retreat? Whether you're looking for a full-time home or a seasonal getaway, this stunning 2-bedroom, 2-bath condo in the sought-after 55+ Bay Island community offers the perfect blend of comfort, convenience, and breathtaking views. This condo is being offered fully furnished and turn-key for added convenience. This unit is flooded with natural light and showcases gorgeous west facing water views from the the main living areas and the master suite. Step onto your private lanai—the perfect spot to sip your morning coffee or unwind in the evening while taking in a mesmerizing sunset. Inside, you'll love the low-maintenance tile in the kitchen and baths. The kitchen features sleek granite countertops and a spacious passthrough that seamlessly connects to the dining and living rooms, creating an open and airy feel. The generously sized bedrooms offer plenty of space, and the primary suite boasts an ensuite bath, walk-in closet, and in-unit laundry with a convenient stackable washer/dryer. Modern upgrades include all new appliances in 2022, an HVAC system replaced in 2024, and roll-down hurricane shutters on the lanai. Plus, This condo comes with a covered parking spot and an external storage space for added convenience. Bay Island is renowned for its active, resort-style living with six sparkling pools, hot tubs, separate men and women's fully equipped gyms, a billiards and card room, a library, shuffleboard courts, and four tennis courts. Stroll along the scenic waterfront walking path, gather with friends for happy hour at the tiki huts, or set sail from the private marina, where boat slips are available for purchase or lease (based on availability). With 24-hour gated security, this community offers peace of mind—ideal for both year-round residents and seasonal owners looking for a safe, lock-and-go lifestyle. Your monthly fee covers it all—basic cable, internet, water, sewer, trash, 24-hour guard-gated security, flood insurance, exterior maintenance, landscaping, and access to all amenities. Don't miss your chance to own a slice of paradise! Schedule a private showing today!
Last Agent to Sell the Property
KELLER WILLIAMS GULF BEACHES Brokerage Phone: 727-367-3756 License #3261857 Listed on: 02/04/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,352
Year Built
- Built in 1972
Lot Details
- East Facing Home
- Dog Run
- Metered Sprinkler System
HOA Fees
- $818 Monthly HOA Fees
Parking
- 1 Carport Space
Property Views
- White Water Ocean
- Canal
Home Design
- Slab Foundation
- Built-Up Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,170 Sq Ft Home
- 3-Story Property
- Crown Molding
- Ceiling Fan
- Window Treatments
- Sliding Doors
- Combination Dining and Living Room
Kitchen
- Cooktop with Range Hood
- Granite Countertops
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Dual Closets
- Walk-In Closet
- 2 Full Bathrooms
- Makeup or Vanity Space
- Single Vanity
- Bathtub with Shower
- Shower Only
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Access to Bay or Harbor
- Access To Marina
- Access to Saltwater Canal
- Davits
- Seawall
- Water Skiing Allowed
- Balcony
- Exterior Lighting
- Outdoor Storage
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Thermostat
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 2530
- Assessor Parcel Number 30-31-16-03614-000-2530
Community Details
Overview
- Senior Community
- Association fees include cable TV, pool, internet, ground maintenance, management, pest control, recreational facilities, security, sewer, trash, water
- Beth Tinsley Association
- Sun Island Association Ince Association
- Bay Island Group 4A Subdivision
- Association Owns Recreation Facilities
- The community has rules related to building or community restrictions
- Community features wheelchair access
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
Pet Policy
- Pets up to 15 lbs
- Pet Size Limit
- 2 Pets Allowed
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2025
Closed on
Apr 4, 2025
Sold by
Alexander Michelle M and Alexander Robert C
Bought by
Burghoffer James and Burghoffer Kimberly T
Seller's Agent
Troy Walseth
KELLER WILLIAMS GULF BEACHES
Buyer's Agent
Collette Horst
CHARLES RUTENBERG REALTY INC
List Price
$305,000
Sold Price
$300,000
Premium/Discount to List
-$5,000
-1.64%
Total Days on Market
7
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%
Original Mortgage
$240,000
Outstanding Balance
$240,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$65,100
Purchase Details
Listed on
Oct 23, 2020
Closed on
Dec 9, 2020
Sold by
Cathcart Linda M and Cathcart Linda M
Bought by
Alexander Michelle M and Alexander Robert C
Seller's Agent
Edye Pacheco
Buyer's Agent
David Lockhart
KELLER WILLIAMS GULF BEACHES
List Price
$274,900
Sold Price
$250,000
Premium/Discount to List
-$24,900
-9.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$208,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 29, 2006
Sold by
Meier Margaret and Cathcart Linda M
Bought by
Meier Margaret A
Purchase Details
Closed on
Sep 26, 2003
Sold by
Hatmaker Maxine
Bought by
Meier Margaret and Cathcart Linda M
Purchase Details
Closed on
Jul 30, 1999
Sold by
Mcmichael Robert C and Mcmichael Dorothy M
Bought by
Hatmaker Maxine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,134
Interest Rate
7.66%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 28, 1998
Sold by
Carroll Elinor
Bought by
Mcmichael Robert C and Mcmichael Dorothy M
Similar Homes in South Pasadena, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | Alpha Title | |
| Warranty Deed | $300,000 | Alpha Title | |
| Warranty Deed | $260,000 | Sunbelt Title Agency | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $150,000 | Chicago Title Insurance Comp | |
| Warranty Deed | $96,000 | -- | |
| Warranty Deed | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,000 | New Conventional | |
| Closed | $240,000 | New Conventional | |
| Previous Owner | $208,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $88,134 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | Sold | $300,000 | -1.6% | $256 / Sq Ft |
| 02/11/2025 02/11/25 | Pending | -- | -- | -- |
| 02/04/2025 02/04/25 | For Sale | $305,000 | +22.0% | $261 / Sq Ft |
| 12/15/2020 12/15/20 | Sold | $250,000 | -9.1% | $214 / Sq Ft |
| 11/10/2020 11/10/20 | Pending | -- | -- | -- |
| 10/23/2020 10/23/20 | For Sale | $274,900 | -- | $235 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $3,272 | $225,820 | -- | -- |
| 2023 | $3,272 | $219,243 | $0 | $0 |
| 2022 | $3,157 | $212,857 | $0 | $0 |
| 2021 | $3,074 | $206,657 | $0 | $0 |
| 2020 | $3,538 | $192,153 | $0 | $0 |
| 2019 | $3,461 | $189,102 | $0 | $0 |
| 2018 | $3,202 | $173,426 | $0 | $0 |
| 2017 | $3,272 | $176,767 | $0 | $0 |
| 2016 | $1,081 | $98,223 | $0 | $0 |
| 2015 | $1,101 | $97,540 | $0 | $0 |
| 2014 | $1,034 | $96,766 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Troy Walseth
Seller's Agent in 2025
Troy Walseth
KELLER WILLIAMS GULF BEACHES
(727) 543-7949
8 in this area
392 Total Sales
-
Collette Horst
C
Buyer's Agent in 2025
Collette Horst
CHARLES RUTENBERG REALTY INC
(727) 642-4346
2 in this area
12 Total Sales
-
Seller's Agent in 2020
Edye Pacheco
-
David Lockhart
Buyer's Agent in 2020
David Lockhart
KELLER WILLIAMS GULF BEACHES
(727) 954-8800
9 in this area
275 Total Sales
Map
Source: Stellar MLS
MLS Number: TB8346049
APN: 30-31-16-03614-000-2530
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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