Welcome to “Bungalow by the Bay,” a fully furnished, income-producing South Tampa gem nestled beneath majestic 150-year-old grand oak trees in the heart of Bayshore Beautiful. Whether you’re seeking a turnkey investment or a charming place to call home, this renovated 3-bedroom, 2-bath bungalow offers exceptional flexibility and value. Currently operating as a successful short-term rental with $68,000 in gross revenue last year and active future bookings on the calendar, this property can be purchased as a fully functioning business—furnished, stocked, and ready to continue generating income from day one. A professional management company is in place and available to continue operating the property seamlessly for the next owner, making this a truly hands-off investment opportunity. Alternatively, move right in and make this your forever home- enjoy the character and warmth of this thoughtfully updated home. Inside, you’ll find a desirable split floor plan with an open-concept living and dining area. The kitchen features granite countertops, stainless steel appliances, gas range, a farmhouse sink, and open shelving. Designer touches throughout—including stunning wallpaper, chandeliers, and plantation shutters—blend seamlessly with modern updates. A classic clawfoot tub pays homage to the home’s 1942 era, while upgrades such as double-pane windows, low-flow fixtures, and a gas hot water heater provide comfort and efficiency. Step outside to a private backyard retreat complete with mature landscaping, turf for low maintenance, and an oversized deck ideal for entertaining. The screened lanai offers additional outdoor living space year-round. A custom-built storage shed provides ample room for storage and could easily be upgraded with AC to create a home office, gym, or flex space. The paver circular driveway allows for generous parking and easy access onto MacDill Avenue. Located just steps from Tampa's iconic Bayshore waterfront and within close proximity to restaurants and shops, this prime location offers quick access to Downtown Tampa, Tampa International Airport, and the Gandy Bridge. Surrounded by luxury new construction yet retaining its historic charm, this property stands apart from teardown lot-value listings in the area. Offered fully furnished and sold as-is, this is a rare opportunity to own a versatile, beautifully curated bungalow in one of South Tampa’s most desirable neighborhoods. The home does require flood insurance and did NOT flood or sustain any damage during hurricane Helene/Milton.