7465 BAY ISLAND DR S #112 Pending Save Request In-Person Tour Request Virtual Tour
South Pasadena,FL 33707
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Pending
Purchase Type For Sale
Square Footage 765 sqft
Price per Sqft $176
Subdivision Bay Island Group 3
MLS Listing ID TB8324466
Bedrooms 1
Full Baths 1
Condo Fees $600
HOA Y/N No
Originating Board Stellar MLS
Year Built 1972
Annual Tax Amount $3,338
Property Description
One or more photo(s) has been virtually staged. Bay Island is a beautiful Gated Community situated close to St Pete Beach, and easily accessible to the exclusive Downtown dining and theatre districts. It features a Multimillion-dollar clubhouse with pool tables, table tennis and a ballroom for social events. Six swimming pools heated in the winter months, spas, Tennis Courts and Pickleball, Tiki Huts for cookouts, lush landscaping and resort style living. This community has never flooded before, until recent hurricane Helene, and there is damage to some of the property that is undergoing an extensive refurbishment that will include remodeling of the affected ground floor units, including this unit. The Association has insurance, and a claim has been filed to refurbish this unit and others, including the assigned Contracting firm providing, new drywall, interior and exterior doors, paint, kitchen appliances, lower cabinets and bath vanities. The reconstruction is underway. This unit had less than two inches of water inside, and was cleaned extensively, for the current tenant who will be vacating by December 15th. Never before has this unit sustained flooding. After that, it will be turned over the Association for the repairs which are being paid from the proceeds of the Flood Insurance claim. The unit will not be available for residency until the work is complete, scheduled for 2025. Currently, the owner has been receiving $2000 monthly from an annual lease. During the winter months, this unit leased for higher. Bay Island does not have a minimum lease restriction other than one resident must be at least 55. This is a 55+ community, easy approval process by the Association is required and easily obtained. Buyer can still choose the finishing repairs at this time, including the new lower kitchen cabinets and countertops, appliances, wall color and trim. When all repairs are complete, this unit is expected to feel like a new unit. Assigned covered parking is just steps from the front door. Pictures are of unit prior to Hurricane Helene. There is a patio attached to the unit. Owner is Realtor. As Is Contract only.
Location
State FL
County Pinellas
Community Bay Island Group 3
Direction S
Interior
Interior Features Ceiling Fans(s),Living Room/Dining Room Combo,Primary Bedroom Main Floor,Thermostat,Window Treatments
Heating Central,Electric
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Appliance Dishwasher,Disposal,Electric Water Heater,Exhaust Fan,Range,Range Hood
Laundry Common Area
Exterior
Exterior Feature Irrigation System,Lighting,Outdoor Grill,Outdoor Shower,Sidewalk,Sliding Doors,Sprinkler Metered,Tennis Court(s)
Pool Gunite,Heated
Community Features Buyer Approval Required,Clubhouse,Deed Restrictions,Fitness Center,Gated Community - Guard,Irrigation-Reclaimed Water,Pool,Sidewalks,Tennis Courts,Wheelchair Access
Utilities Available Cable Connected,Electricity Connected
Amenities Available Cable TV,Clubhouse,Elevator(s),Fitness Center,Gated,Pickleball Court(s),Pool,Recreation Facilities,Shuffleboard Court,Spa/Hot Tub,Storage,Tennis Court(s)
Waterfront Description Bay/Harbor,Canal - Saltwater
View Y/N Yes
Water Access Yes
Water Access Desc Bay/Harbor
Roof Type Other
Garage false
Private Pool Yes
Building
Story 3
Entry Level One
Foundation Block
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Structure Type Block,Concrete
New Construction false
Others
Pets Allowed Cats OK,Dogs OK
HOA Fee Include Guard - 24 Hour,Cable TV,Pool,Electricity,Escrow Reserves Fund,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Maintenance,Management,Pest Control,Private Road,Recreational Facilities,Security,Sewer,Trash,Water
Senior Community Yes
Pet Size Very Small (Under 15 Lbs.)
Ownership Condominium
Monthly Total Fees $600
Membership Fee Required Required
Num of Pet 2
Special Listing Condition None