$645,000 for Sale
7418 bay drive , tampa, FL 33635
| Beds 4 | Baths 3 | 3,025 Sqft | 0.18 Acres |
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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.
Waterfront
Water Name: MOBBLY BAY TO TAMPA BAY
Water Description: Bay/Harbor Front, Canal Front, Waterfront, Canal - Brackish
General Information
Sale Price: $645,000
Price/SqFt: $213
Status: Active
MLS#: TB8375353
City: tampa
Post Office: tampa
County: Hillsborough
Subdivision: reolds frm plt 1 19 20 29
Acres: 0.18
Lot Dimensions: 60 x 133
Bedrooms:4
Bathrooms:3
House Size: 3,025 sq.ft.
Acreage: 0.18 est.
Year Built: 1990
Property Type: Duplex
Style:
Features & Room Sizes
Paved Road: Paved
Construction: Concrete, Stone
Exterior Misc: Balcony, Fenced, Lighting, Private Mailbox, Rain Gutters, Sliding Doors, Storage
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
