BAY ISLAND GROUP 5
Homes for Sale in SOUTH PASADENA, FL
True comps, carrying-cost math, and listings before the portals.

Bay Island Group 5 is a small, uniform pocket in South Pasadena — eight homes, all built in 1973, clustered around a compact footprint with a median of roughly 855 square feet. When the stock is this tight and this consistent in vintage and size, price is driven almost entirely by condition and updates rather than by square footage or floor plan variety. Expect the spread between a dated unit and a renovated one to be wide.
With no closings in the current window, there is no fresh comp to anchor a number to, so pricing here leans on the broader South Pasadena market and on the shape of each individual property. For sellers, that means presentation and condition do the heavy lifting; for buyers, it means you underwrite the specific home in front of you, not a neighborhood average.
The 60-Second Overview
This is a single-vintage enclave — every home dates to 1973 and living space runs small — so buyers are choosing among near-identical envelopes where the real variable is how much work has been done inside.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who BAY ISLAND GROUP 5 is best for.
Best for
- Buyers seeking a small, single-story-scale home in South Pasadena with a manageable carrying cost
- Value-focused buyers willing to renovate a 1973 unit and capture the difference
- Investors or downsizers who prefer a uniform, easy-to-comp property type
Probably not for
- Buyers who need substantial square footage or a variety of floor plans
- Buyers unwilling to budget for age-related systems in a 1973 build
- Buyers who want a deep bench of recent sales to price against before committing
The market around BAY ISLAND GROUP 5
BAY ISLAND GROUP 5 is a small community — 20 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.
In ZIP 33707, 353 homes are on the market and 20% are under contract — a steady corner of SOUTH PASADENA.
Across Pinellas County, 6,999 homes are active and 1,872 pending (21% under contract).
Homes here are condominium.
ZIP and county figures describe the wider market, not BAY ISLAND GROUP 5 specifically. Momentum Research analysis of MLS records.
The BAY ISLAND GROUP 5 buying strategy.
If we were buying in BAY ISLAND GROUP 5 today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in BAY ISLAND GROUP 5.
A uniform 1973 pocket
The defining fact here is consistency: eight homes, all from the same build year, all in the same modest size band around 855 square feet. That uniformity cuts both ways. It makes value easy to reason about — you are comparing like to like — but it also means the neighborhood offers little in the way of layout or scale options if your needs grow.
Just over a third of these homes carry a homestead exemption, which points to a mix of owner-occupied and non-homesteaded use. Combined with the small unit size, that profile reads as a community where carrying costs and condition matter more than trophy square footage. Do your diligence on age-related systems — a 1973 build means roofs, HVAC, and plumbing all deserve a hard look.
The location and the amenities are priced into every listing in BAY ISLAND GROUP 5. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a micro-community this small with no recent closings, there is no shortcut comp to lean on — value comes from reading condition against the wider South Pasadena market. We price and negotiate on the specifics of the actual home, flag the 1973-era systems that move the number, and keep you from overpaying for a dated unit or underselling a renovated one.
BAY ISLAND GROUP 5 in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA. Confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a BAY ISLAND GROUP 5 buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed BAY ISLAND GROUP 5 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in BAY ISLAND GROUP 5, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your BAY ISLAND GROUP 5 home worth?
Get a no-obligation home value based on real comparable sales in BAY ISLAND GROUP 5, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in BAY ISLAND GROUP 5 on the map →
Frequently Asked Questions
How many homes are in BAY ISLAND GROUP 5?
What share of BAY ISLAND GROUP 5 is owner-occupied?
When were the homes in BAY ISLAND GROUP 5 built?
Do cash buyers compete in BAY ISLAND GROUP 5?
Who is the best real estate agent for BAY ISLAND GROUP 5?
How do I find a top SOUTH PASADENA real estate agent who knows BAY ISLAND GROUP 5?
Can Momentum Realty connect me with an agent for BAY ISLAND GROUP 5?
Should you buy in BAY ISLAND GROUP 5?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (8 streets, ZIP 33707)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2014 (19 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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