7418 BAY DR Active 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 $200
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
New Construction false
Property Description
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.
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,Street Lights
Utilities Available BB/HS Internet Available,Cable Connected,Electricity Connected,Sewer Connected,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
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8375353