2506 N Rocky Point Drive Unit 331 and #275, Tampa, FL 33607
- $500,000
- 2
- BD
- 2
- BA
- 1,032
- SqFt
- List Price
- $500,000
- Status
- Active
- Days on Market
- 127
- MLS#
- TB8489203
- Property Style
- Duplex
- Year Built
- 1982
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 1,032
- Lot Size
- 2
- Total Acreage
- Non-Applicable
- Legal Subdivision Name
- Sailport Resort Condominium On The Bay & Phase 2
- MLS Area Major
- Tampa
Property Description
Investment Opportunity: Turnkey Waterfront Condo-Hotel Package – Rays by the Bay & Mangrove Bay | Tampa, FL Rare opportunity to acquire two fully furnished, income-producing 1-bedroom/1-bathroom condo-hotel units located on scenic Tampa Bay. Offered as a package, Rays by the Bay and Mangrove Bay are turnkey investments with strong, consistent short-term rental performance and year-round guest demand. The Units: Each unit is thoughtfully designed to maximize comfort and revenue, sleeping up to 4 guests. Both feature a private bedroom, spacious living area with sleeper sofa, fully equipped kitchen, modern bathrooms, and private balconies with stunning bay views. These well-maintained suites are consistently guest-ready and optimized for short-term rental success. Turnkey Investment Highlights • Fully furnished and professionally maintained • Strong ADR and occupancy rates • Active listings on major Online Travel Agencies (Airbnb, VRBO, etc.) • Future bookings transferable to new owner • Currently managed by a professional management company (optional to retain) • Option to acquire existing LLC for a seamless transition Resort-Style Amenities That Drive Bookings Guests enjoy a full-service waterfront experience, including: • Geo-thermal heated pool (84°F year-round) • Sandy beach with direct bay access • Tiki bar & Bayside dining • Fire pit, BBQ & picnic areas • Sand volleyball court & outdoor fitness equipment • 24/7 gated security • Covered parking with elevator access • On-site laundry facilities Prime Tampa Location Situated in the highly desirable Rocky Point area, these units offer unmatched convenience: • 5 minutes to Tampa International Airport (TPA) • Minutes to Downtown Tampa & Westshore Business District • Near Raymond James Stadium (home of the Buccaneers) • Easy access to Clearwater Beach, St. Petersburg & Hyde Park • Close to Busch Gardens, Adventure Island & top local attractions The Investment Case: Tampa’s short-term rental market remains one of the strongest in Florida, and waterfront properties on Rocky Point command premium nightly rates. With established rental history, consistent 5-star guest experiences, and resort infrastructure already in place, this package offers immediate income with minimal operational friction. Whether you're expanding your portfolio, completing a 1031 exchange, or securing a dual-unit vacation investment, this is a rare opportunity to own two high-performing waterfront assets in one of Tampa’s most desirable rental corridors.
Additional Information
- Taxes
- $8609
- Minimum Lease
- 1-7 Days
- Annual Gross Income
- 108000
- Hoa Fee
- $1,586
- HOA Payment Schedule
- Monthly
- Location
- Paved
- Community Features
- Gated Community - Guard, Pool, Sidewalks, No Deed Restriction, Security
- Property Description
- One Story
- Zoning
- CG
- Interior Layout
- Kitchen/Family Room Combo, Thermostat
- Interior Features
- Kitchen/Family Room Combo, Thermostat
- Appliances
- Dishwasher, Disposal, Microwave, Range, Refrigerator
- Utilities
- BB/HS Internet Available, Cable Available, Cable Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Fireplace Description
- Outside
- Exterior Construction
- Concrete
- Exterior Features
- Balcony, Lighting, Outdoor Grill, Sidewalk, Sliding Doors
- Roof
- Membrane
- Foundation
- Pillar/Post/Pier
- Pool
- Community
- Pool Type
- Heated, In Ground
- Water Name
- Tampa Bay
- Water Extras
- Fishing Pier
- Water View
- Bay/Harbor - Partial
- Pets
- Not Allowed
- Flood Zone Code
- AE
- Parcel ID
- A-14-29-17-3BZ-000001-00331.0 &A 14 29 17 3C0 0000
- Legal Description
- SAILPORT RESORT CONDOMINIUM ON THE BAY PHASE 1 UNIT 331 BLDG 1 .3951% UNDIV SHARES IN THE COMMON ELEMENTS EXPENSES AND SURPLUS & SAILPORT RESORT CONDOMINIUM ON THE BAY PHASE 2 PHASE 2 UNIT 275 BLDG 5 .3951% UNDIVIDED SHARES IN THE COMMON ELEMENT EXPENSES AND SURPLUS
Listing courtesy of RED SASH REALTY LLC. 931-237-6592
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