7418 BAY DRIVE

TAMPA, FL 33635

INVESTOR ALERT—WATERFRONT INCOME POTENTIAL WITH NO HOA AND NO RENTAL RESTRICTIONS. Welcome to 7418 BAY DRIVE in the sought-after RE OLDS FARM neighborhood of TAMPA, where this TURNKEY CANAL-FRONT PROPERTY offers direct access to MOBBLY BAY with NO BRIDGES—perfect for small boats, kayaks, jet skis, and paddleboards. This FULLY STR-ELIGIBLE HOME is ideal for AIRBNB, VRBO, TRAVELING NURSES, or DUAL-LIVING INVESTORS seeking strong rental returns in a high-demand area. Featuring THREE BEDROOMS and THREE FULL BATHS, the main home is updated with a NEW ROOF (2024), NEW WATER HEATER (2025), newer A/C (2021), and a STYLISH KITCHEN. The real bonus? A RARE 1,000 SQ FT AIR-CONDITIONED LOWER-LEVEL SUITE with a PRIVATE ENTRY, BEDROOM, LIVING AREA, and FULL BATH—perfect for generating GUEST INCOME or MULTI-GENERATIONAL LIVING. Enjoy FISHING, KAYAKING, or SUNSET PADDLES right from your FLOATING DOCK, and soak up the Florida lifestyle with TWO DOG PARKS, A BEACH, GOLF DRIVING RANGE, UPPER TAMPA BAY PARK, MOBBLY BAYOU PRESERVE, ZOOTAMPA, and MULTIPLE RECREATION AREAS all within minutes. Ideally positioned on the border of TAMPA AND PINELLAS COUNTIES, this location offers EASY ACCESS TO DOWNTOWN TAMPA, TAMPA INTERNATIONAL AIRPORT, AND THE PINELLAS COUNTY BEACHES. While this home is currently used as a primary residence, PROJECTIONS SHOW STRONG SHORT-TERM RENTAL INCOME POTENTIAL at today’s rates. This is a RARE OPPORTUNITY to own a FLEXIBLE, WATERFRONT INCOME PROPERTY with IMMEDIATE UPSIDE and unbeatable lifestyle access in the heart of TAMPA BAY.

Listing courtesy of PREMIER SOTHEBY'S INTL REALTY 7275156504



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Last checked: 2025-05-31 07:50 PM EDT