7418 BAY DR, TAMPA, FL, 33635
$605,000
Residential Income
|
Bedrooms
4
|
Bathrooms
3
|
Living Area
3,025 Sqft
|
Lot Size
7,980 Sqft
|
INVESTOR-FRIENDLY WATERFRONT ASSET – 7418 BAY DRIVE, TAMPA, FL. Fully updated, income-ready, and short-term rental approved with no HOA, no deed restrictions, and no rental limitations—this is a rare waterfront opportunity that checks all the investor boxes. Located in the golf cart-friendly REOlds Farm neighborhood, this elevated 3-bedroom, 3-bath home offers direct, bridge-free access to Tampa Bay and the Gulf of Mexico, making it a high-demand option for boaters and vacationers alike. Major updates include a 2024 HVAC system, 2021 seawall, new roof, remote-gated entry, and a fully fenced yard, meaning low maintenance for years to come. The interior features an open-concept layout with a granite-stacked kitchen, stainless appliances, and water views from the primary suite. Downstairs, a 2-car garage leads to over 1,000 sq ft of air-conditioned flex space with a private entrance—ideal for a rental unit, guest quarters, office, or gym. Outdoors, enjoy a new floating dock, Trex-decked lounge, and deepwater canal ideal for boaters and anglers. Minutes to Oldsmar’s public boat ramp, Upper Tampa Bay Park, Empower Adventures zipline, HorsePower for Kids, multiple dog parks, and nature preserves—this location draws families, nature lovers, and adventure seekers year-round. With true lock-and-leave capability, zero HOA oversight, and a flexible floor plan that supports both full-time and partial rental strategies, this property is an ideal addition to any investor’s portfolio. Waterfront income. Minimal restrictions. Maximum upside.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8375353 | Year Built: | 1990 | |
| Appliances: | Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener | Community Features: | Dog Park, Golf Carts OK, Stable(s), Horses Allowed, Park, Playground, Street Lights | |
| Construction Materials: | Concrete, Stone | Cooling: | Central Air | |
| Country: | US | County Or Parish: | Hillsborough | |
| Exterior Features: | Balcony, Fence, Lighting, Private Mailbox, Rain Gutters, Sliding Doors, Storage | Flooring: | Carpet, Hardwood, Vinyl | |
| Foundation Details: | Slab | Heating: | Central, Electric | |
| Laundry Features: | Inside | Levels: | Two | |
| Listing Agreement: | Exclusive Agency | Listing Terms: | Cash, Conventional, FHA, VA Loan | |
| Lot Features: | Flood Insurance Required, FloodZone, Private, Paved | Occupant Type: | Owner | |
| Parking Features: | Bath In Garage, Boat, Driveway, Garage Door Opener, Oversized | Patio And Porch Features: | Covered, Deck, Enclosed, Rear Porch, Screened | |
| Possession: | Negotiable | Property Sub Type: | Duplex | |
| Property Type: | Residential Income | Road Surface Type: | Paved | |
| Roof: | Shingle | Security Features: | Security Fencing/Lighting/Alarms, Security Gate, Smoke Detector(s) | |
| Sewer: | Septic Tank | Showing Requirements: | 24 Hour Notice, Appointment Only, Lock Box Electronic-CBS Code Required, See Remarks, ShowingTime | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected | |
| View: | Trees/Woods, Water | Water Source: | Public | |
| Waterfront Features: | Canal - Brackish | |||
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