Active

$605,000

Features:
  • 4 Bedrooms
  • 3 Bathrooms
  • 3025 sq ft
Overview
  • ID: MFRTB8375353
  • Bedrooms: 4
  • Bathrooms: 3
  • Size: 3025 sq ft
Property Details
Remarks
INVESTOR-FRIENDLY WATERFRONT ASSET – 7418 BAY DRIVE, TAMPA, FL. Fully updated, income-ready, and short-term rental approved with no HOA, no deed restrictions, and no rental limitations—this is a rare waterfront opportunity that checks all the investor boxes. Located in the golf cart-friendly REOlds Farm neighborhood, this elevated 3-bedroom, 3-bath home offers direct, bridge-free access to Tampa Bay and the Gulf of Mexico, making it a high-demand option for boaters and vacationers alike. Major updates include a 2024 HVAC system, 2021 seawall, new roof, remote-gated entry, and a fully fenced yard, meaning low maintenance for years to come. The interior features an open-concept layout with a granite-stacked kitchen, stainless appliances, and water views from the primary suite. Downstairs, a 2-car garage leads to over 1,000 sq ft of air-conditioned flex space with a private entrance—ideal for a rental unit, guest quarters, office, or gym. Outdoors, enjoy a new floating dock, Trex-decked lounge, and deepwater canal ideal for boaters and anglers. Minutes to Oldsmar’s public boat ramp, Upper Tampa Bay Park, Empower Adventures zipline, HorsePower for Kids, multiple dog parks, and nature preserves—this location draws families, nature lovers, and adventure seekers year-round. With true lock-and-leave capability, zero HOA oversight, and a flexible floor plan that supports both full-time and partial rental strategies, this property is an ideal addition to any investor’s portfolio. Waterfront income. Minimal restrictions. Maximum upside.
Financial Considerations
Price:
$605,000
HOA Fee:
N/A
Tax Amount:
$7253.42
Price per SqFt:
$200
Tax Legal Description:
REOLDS FARM PLAT NO 1 19 20 29 30 AND 31 28 17 TRACT BEG 507.68 FT E & 180 FT S OF NW COR OF LOT 53 & RUN E 133.36 FT S 60 FT W 133.04 FT & N 60 FT TO BEG
Exterior Features
Lot Size:
7980
Lot Features:
Flood Insurance Required, FloodZone, Private, Paved
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Bath In Garage, Boat, Driveway, Garage Door Opener, Oversized
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
3
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener
Furnished:
No
Floor:
Carpet, Hardwood, Vinyl
Levels:
Two
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1990
Construction Type:
Concrete, Stone
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Fence, Lighting, Private Mailbox, Rain Gutters, Sliding Doors, Storage
Additional Features 2:
No HOA and area is approved for short term rental. Verify process with Hillsborough County
Map
  • Address
    7418 BAY DR
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