Homes for sale - 7465 BAY ISLAND DR S #112, South Pasadena, FL 3370...

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Mari Colgan

mari@maricolgan.com +1(813) 453-7110

$ 135,000

Est. payment | -/mo

1 Bed

1 Bath

765 SqFt

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$ 135,000

Est. payment | -/mo

Save Virtual Tour

1 Bed

1 Bath

765 SqFt

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

Listed by MSD ENTERPRISES INC

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(813) 453-7110

mari@maricolgan.com

7465 BAY ISLAND DR S #112 South Pasadena, FL 33707