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Welcome to your coastal retreat in the highly desirable 55+ gated community of Bay Island, where resort-style amenities and serene waterfront living come together. This direct bayfront condo offers an unbeatable combination of comfort, convenience, and upgraded features—all just five minutes from world-famous St. Pete Beach and a short drive to vibrant downtown St. Petersburg.
Enjoy peaceful mornings and stunning views from your east-facing private balcony, perfect for watching boats drift by, dolphins play, and the sun rise over Bay Island Cove and Boca Ciega Bay. The hurricane-rated balcony shutter operates at the push of a button and can also be manually cranked in case of a power outage, offering ease and safety.
Inside, this one-bedroom, one-bath condo has been tastefully renovated with attention to both form and function. The kitchen features granite countertops, stainless steel appliances, a breakfast bar, and updated cabinetry, ideal for cooking and casual dining. Tile flooring in the living area and bathroom offers effortless maintenance, while carpet adds comfort to the spacious bedroom. Plantation shutters enhance privacy and style.
The generously sized primary bedroom comfortably fits a king-size bed and includes two closets—one of them a walk-in—as well as balcony access and breathtaking water views. The bathroom showcases beadboard wainscoting, a granite vanity, and a tastefully tiled walk-in shower with a built-in granite sitting bench.
Significant upgrades provide peace of mind, including high-impact double-pane windows installed in 2017, a new A/C system (2017), and a 2017 water heater. Additional conveniences include a storage closet on the same floor and laundry facilities on the 4th floor, located near the elevator for easy access even on rainy days.
Bay Island offers an array of premier amenities that make everyday living feel like a vacation. The community features six heated pools, multiple spas, tennis and pickleball courts, a marina with boat docks (first-come, first-serve), his and hers fitness centers, and a clubhouse with social spaces including a ballroom, billiards, craft room, card room, and more. Outdoor perks include BBQ grills, tiki huts, a 1. 5-mile waterfront walking trail, a waterfront car wash station, and lush, manicured grounds.
Centrally located, the community is just across the bridge from St. Pete Beach, within walking or biking distance to Corey Avenue Market, shops, and restaurants, and has access to public transportation directly to the beach. It's only 15 minutes from downtown St. Petersburg and 45 minutes from Tampa International Airport.
Whether you're looking for a year-round residence or a seasonal Don’t miss out—schedule your private showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$195,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $156,000 | $156,000 | $156,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $307 | $307 | $307 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $973 | $1,025 | $1,306 |
Total Monthly Payment | $1,355 | $1,407 | $1,688 |
* 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.