1824 Shore Dr S
South Pasadena, FL 33707
Bayside Villas · Multifamily Property For Sale · 50 Units

Bayside Villas is a 50-unit resort-style multifamily community located directly on Boca Ciega Bay in South Pasadena, Florida. Situated on 1.6 acres and a short two-minute walk to Pasadena Avenue South, the property provides both bayfront living and the convenience of nearby grocery stores, restaurants, and amenity retail. The area’s renowned oceanfront resorts and beaches, including Sunset and St. Pete beaches, are a quick five-minute drive from the property. This rare combination of bayside living and easy oceanfront accessibility is typically reserved for luxury condominiums and high-end single family homes. The property’s 50 apartment units provide a combination of one, two, and three-bedroom floorplans, with many units commanding direct bayfront views and waterside access. The current owner has recently completed a $1.4M ($28K/unit) property-wide renovation. The unit interiors features include black appliances, built-in wine racks, new cabinets with built-in microwaves and upgraded fixtures and new washer/dryer sets. Newly renovated on-site leasing office is located by the pool. Common area improvements were also recently completed and focused on maximizing resident enjoyment of the waterfront location. The bayview pool and terrace lounge area were upgraded with resort-style furniture and landscaping. Additional amenities added or upgraded during the renovation include kayak storage and launch, a dog park, waterfront hammocks and a gourmet outdoor kitchen and grill area.