BAY ISLAND GROUP 5
Homes for Sale in SOUTH PASADENA, FL

Community in SOUTH PASADENA · Pinellas County · ZIP 33707
8 homesBuilt 1973–1973
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Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · BAY ISLAND GROUP 5 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
38%
Owner-occupied · BAY ISLAND GROUP 5
3 of 8 parcels homesteaded (FL DOR 2025)
62%
Non-owner-occupied · BAY ISLAND GROUP 5
incl. 0% trust or LLC-held · 62% out-of-state
67%
Cash buyers · BAY ISLAND GROUP 5
2 of 3 sales, 12 mo ending June 2025
8
Homes in the community
8 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1973
Community established
homes built 1973-1973, median 1973 (FL DOR 2025)
2
Failed listings · 2026
peaked at 4 in 2019
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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.

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.

If we were buying in BAY ISLAND GROUP 5 today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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.

Best Buy
Buyers who want a compact, low-footprint home in South Pasadena and value predictable, like-for-like comparisons.
Biggest Risk
No recent closings means limited local comps and a wide condition-driven price spread.
Sweet Spot
A renovated unit bought at a price that reflects updated systems, not just the address.
Avoid If
You need larger square footage or room to grow within the same community.

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.

Jon Brooks · Founder, Momentum Realty

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.

Best forBuyers who want a compact, low-footprint home in South Pasadena and value predictable, like-for-like comparisons.
Biggest advantageA uniform 1973 stock makes condition-based value unusually easy to read.
Biggest riskNo recent closings means limited local comps and a wide condition-driven price spread.
Sweet spotA renovated unit bought at a price that reflects updated systems, not just the address.
Avoid ifYou need larger square footage or room to grow within the same community.

HOA, CDD & Fees

In short
  • 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.

The takeaway

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.

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.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in BAY ISLAND GROUP 5?
The Florida DOR 2025 assessment roll shows 8 homes in BAY ISLAND GROUP 5 (public records).
What share of BAY ISLAND GROUP 5 is owner-occupied?
38% of BAY ISLAND GROUP 5 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in BAY ISLAND GROUP 5 built?
Homes in BAY ISLAND GROUP 5 were built between 1973 and 1973, with a median year built of 1973.0 (FL DOR 2025 roll).
Do cash buyers compete in BAY ISLAND GROUP 5?
Cash buyers took 67% of BAY ISLAND GROUP 5 sales in the 12 months ending June 2025 (2 of 3 closings, Stellar MLS).
Who is the best real estate agent for BAY ISLAND GROUP 5?
The best agent for BAY ISLAND GROUP 5 is one who actively works SOUTH PASADENA and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for BAY ISLAND GROUP 5.
How do I find a top SOUTH PASADENA real estate agent who knows BAY ISLAND GROUP 5?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows BAY ISLAND GROUP 5 and the wider SOUTH PASADENA area.
Can Momentum Realty connect me with an agent for BAY ISLAND GROUP 5?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your BAY ISLAND GROUP 5 purchase or sale - no call center and no pressure.
Buyers seeking a small, single-story-scale home in South Pasadena with a manageable carrying costExcellent fit
Value-focused buyers willing to renovate a 1973 unit and capture the differenceExcellent fit
Investors or downsizers who prefer a uniform, easy-to-comp property typeExcellent fit
Buyers who need substantial square footage or a variety of floor plansProbably not
Buyers unwilling to budget for age-related systems in a 1973 buildProbably not
Buyers who want a deep bench of recent sales to price against before committingProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (8 streets, ZIP 33707))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-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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Thinking of selling in BAY ISLAND GROUP 5? See the Pinellas County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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