7418 BAY DR new Save Request In-Person Tour Request Virtual Tour
Tampa,FL 33635
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,025 sqft
Price per Sqft $213
Subdivision Reolds Frm Plt 1 19 20 29
MLS Listing ID TB8375353
Bedrooms 4
Year Built 1990
Annual Tax Amount $7,253
Lot Size 7,840 Sqft
Property Sub-Type Duplex
Property Description
Potential short-term rental revenue opportunity at 7418 Bay Drive, Tampa! This waterfront investment property offers direct canal access to Mobbly Bay with no bridges and is in the desirable RE Olds Farm neighborhood. With no HOA and no rental restrictions, this property is fully short-term rental (STR) eligible, ideal for Airbnb, Vrbo, traveling nurses or long-term rental investors. The home features three bedrooms, three full baths, an updated kitchen, a new roof (2024), air conditioner from 2021, water heater (2025) and a rare 1,000-square-foot air-conditioned lower-level suite with private entry, bedroom and full bath, ideal for dual living or guest rental income. Income is projected only, as the owner has not rented the property and is using it as a primary residence. Enjoy water activities like kayaking, paddleboarding, fishing and jet skiing right from your own floating dock. Attractions nearby include two dog parks, a beach within five minutes, Upper Tampa Bay Park, Mobbly Bayou Wilderness Preserve, ZooTampa, a golf driving range, and multiple public parks, making it a desirable vacation rental location for families and outdoor enthusiasts. This turnkey potential income-producing home offers a prime waterfront location, income flexibility and endless Florida lifestyle amenities, making it an ideal investment property in the Tampa Bay short-term rental market.
Location
State FL
County Hillsborough
Community Reolds Frm Plt 1 19 20 29
Area 33635 - Tampa
Zoning RSC-6
Rooms
Other Rooms Attic,Bonus Room,Family Room,Formal Dining Room Separate,Inside Utility,Interior In-Law Suite w/Private Entry
Interior
Heating Central,Electric
Cooling Central Air
Flooring Carpet,Hardwood,Vinyl
Laundry Inside
Exterior
Exterior Feature Balcony,Fence,Lighting,Private Mailbox,Rain Gutters,Sliding Doors,Storage
Parking Features Bath In Garage,Boat,Driveway,Garage Door Opener,Oversized
Garage Spaces 3.0
Community Features Dog Park,Golf Carts OK,Stable(s),Horses Allowed,Park,Playground
Utilities Available BB/HS Internet Available,Cable Connected,Electricity Connected,Sewer Connected,Street Lights,Water Connected
Waterfront Description Canal - Brackish
View Y/N Yes
Water Access Yes
View Trees/Woods,Water
Roof Type Shingle
Building
Lot Description Flood Insurance Required,FloodZone,Private,Paved
Foundation Slab
Sewer Septic Tank
Water Public
Structure Type Concrete,Stone
New Construction false
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition None