$645,000 for Sale
7418 bay drive , tampa, FL 33635
| Beds 3 | Baths 3 | 2,025 Sqft | 0.18 Acres |
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Property Description
Waterfront Living Without Compromise — 7418 Bay Drive, Tampa, Florida. Welcome to a rare opportunity in REOlds Farm, one of Tampa’s most serene waterfront enclaves. This elevated three-bedroom, three-bath residence offers the ideal blend of tranquility, functionality and flexibility—with no HOA restrictions and full rental freedom. Enjoy panoramic water views from nearly every room, with direct canal access to Tampa Bay and the Gulf of Mexico—no bridges required. The recently upgraded floating dock and TREX-decked lounge invite boating, paddleboarding and relaxed alfresco living. Significant infrastructure upgrades include a 2024 HVAC system, 2021 seawall, new roof, remote-access gated entry and a fully fenced yard. Inside, the open-concept layout centers around a gourmet kitchen appointed with granite countertops, stainless steel appliances and a generous dining area. The primary suite features serene water views and a spa-inspired en-suite bath. Two additional bedrooms are privately situated on the opposite wing. Downstairs, the oversized garage accommodates two vehicles plus over 1,000 square feet of finished, air-conditioned flex space—ideal for a home office, guest suite, gym or income-producing opportunity. Based on nearby short-term rental performance, projected income ranges from $5,200–$5,900/month at 60% occupancy—making this property an exceptional blend of personal enjoyment and potential passive income. This home is ideally located minutes from a driving range, waterfront parks, and two dog parks, with Oldsmar and Tampa’s lifestyle amenities just a short drive away. The neighborhood’s peaceful, golf cart-friendly streets and proximity to green spaces create a truly enviable lifestyle. No HOA. No rental restrictions. Endless potential.
Waterfront
Water Name: MOBBLY BAY/TAMPA BAY
Water Description: Bay/Harbor Front, Canal Front, Waterfront, Canal - Brackish
General Information
Sale Price: $645,000
Price/SqFt: $319
Status: Active
MLS#: TB8344074
City: tampa
Post Office: tampa
Schools: alonso-hb
County: Hillsborough
Subdivision: reolds frm plt 1 19 20 29
Acres: 0.18
Lot Dimensions: 60 x 133
Bedrooms:3
Bathrooms:3 (3 full, 0 half)
House Size: 2,025 sq.ft.
Acreage: 0.18 est.
Year Built: 1990
Property Type: Single Family Residence
Style:
Features & Room Sizes
Paved Road: Paved
Construction: Concrete, Stone
Exterior Misc: Lighting, Private Mailbox, Rain Gutters, Sliding Doors
Basement: No
Foundation : Slab
Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener
Cooling: Central Air
Heating: Central, Electric
Waste: Septic Tank
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $7,253
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
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Kelly Ackley of PREMIER SOTHEBY'S INTL REALTY, Phone: 727-595-1604
