7400 Sun Island DRIVE S, #408, South Pasadena, FL, 33707 | $395,000

*SELLER FINANCING AVAILABLE - APPRAISED AT $450, 000 on 6/28/24. Walk into this Breathtaking waterfront condo with $55, 000 of equity and enjoy living in Bay Island 55+ Community. The open, bright, and spacious floor plan offers panoramic water views from every room through floor-to-ceiling walls of windows. Beautifully remodeled with upgraded finishes, including crown molding and custom travertine tile throughout. Enjoy modern conveniences like motorized Bali sun and blackout shades, hurricane impact film/solar protection on windows, a water filtration system, and a tankless water heater. The custom kitchen is a chef's dream, complete with a pantry, granite counters, pot filler, stainless steel appliances, and a convenient passthrough to the dining room. Bathrooms are equally impressive, boasting custom features such as bidets, a spa tub, and a shower with a built-in bench. The primary suite features amazing water views and is highlighted by the walk-in closet and luxurious private full bath. The second bedroom, currently used as a cozy office, features a charming fireplace and is accessed by elegant glass French doors. Bay Island 55+ community offers an array of amenities for a vibrant and active lifestyle - Cable, internet, WiFi, trash, water, sewer, flood insurance and 24-hour guarded gate security. Clubhouse with social spaces, including a ballroom and catering kitchen, fitness centers with saunas, arts and crafts studio and library, rooms for cards, games, and billiards. Heated community pools and two spas, grill area, tennis and pickleball courts, waterfront trail within the community, fishing dock and marina (boat slip sold separately) Ideally situated close to beautiful Gulf Coast beaches such as Treasure Island, St. Pete Beach, and Sunset Beach. The home is conveniently located near shopping, dining, and medical facilities, ensuring all your needs are met. Don't miss this opportunity to live in a luxurious, active community with unparalleled views and amenities.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Complex: BAY ISLAND GROUP 1
  • Year Built: 1971
  • Common Charge: $940 Monthly
  • Approx Sq. Feet: 1,325
  • Acreage: 2.46
  • Est. Taxes: $3,798
  • Lot Desc: Flood Insurance Required, City Lot, Landscaped, Near Marina, Near Public Transit, Sidewalk
  • Adult Communities: Yes
  • Elem. School: Azalea Elementary-PN
  • Middle School: Azalea Middle-PN
  • High School: Boca Ciega High-PN
  • Pool: Gunite, Heated, In Ground, Lighting
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Water Filtration System
  • MLS#: U8248695
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/U8248695/7400sunislanddrives_southpasadena_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 7/7/2024 1:13:20 AM)
Listing courtesy of REALTY ONE GROUP ADVANTAGE   Phone: 813-909-0909

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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7400 Sun Island DRIVE S, #408, South Pasadena, FL, 33707

$395,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $316,000 $316,000 $316,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.815% 7.159% 6.538%
Monthly Tax Payment $317 $317 $317
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,102 $2,100 $2,709
Total Monthly Payment $2,493 $2,491 $3,100

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.