7418 Bay Drive
TAMPA, FL 33635
- 4 beds
- 3 baths
- 3,025 sqft
- 7,980 sqft lot
- $213 per sqft
- 1990 build
- – on site
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.
Last checked:
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Last updated Apr 19, 2025
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MLS# TB8375353 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1990
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New Construction:false
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Construction Materials:Concrete
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Levels:Two
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Roof:Shingle
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Foundation Details:Slab
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Patio And Porch Features:Covered
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Security Features:Security Fencing/Lighting/Alarms
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# of Buildings:1
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Building Area Total:4662
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Ceiling Fan(s)
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Flooring:Carpet
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Additional Rooms:Attic
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Fireplace:false
Room Dimensions
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Living Area:3025
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Living Area Units:Square Feet
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Living Area Source:Owner
Location
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Directions:: East on Tampa Road, Right on Lafayette Blvd, Left on Race Track Rd S, Left on State St. State St becomes Bay Dr, house on Right almost at end of street.
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Latitude:28.018823
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Longitude:-82.644605
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Coordinates:-82.644605, 28.018823
The Property
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Parcel Number:U30281706J00000014500.0
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Property Type:Residential Income
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Property Subtype:Duplex
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Lot Features:Flood Insurance Required
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Lot Size Acres:0.18
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Lot Size Area:7980
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Lot Size SqFt:7980
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Lot Size Dimensions:60 x 133
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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Zoning:RSC-6
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View:Trees/Woods
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View:true
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Exterior Features:Balcony
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Water Source:Public
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Road Surface Type:Paved
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Road Frontage Type:Street Paved
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Flood Zone Code:AE
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Additional Parcels:false
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Homestead:true
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Lease Restrictions:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (727) 515-6504
- Office phone:
- (727) 595-1604
Taxes
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Tax Year:2024
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Tax Lot:53
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Tax 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
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Tax Book Number:1-145
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Tax Annual Amount:$7,253.42
Beds
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Bedrooms Total:4
Baths
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Total Baths:3
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:BB/HS Internet Available
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Sewer:Septic Tank
Appliances
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Appliances:Dishwasher
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Laundry Features:Inside
The Community
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Subdivision Name:REOLDS FRM PLT 1 19 20 29
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Senior Community:false
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Community Features:Bay/Harbor Front
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Waterview:Bay/Harbor - Partial
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Waterview:true
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Water Access:Bay/Harbor
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Water Access:true
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Water Extras:Bridges - No Fixed Bridges
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Water Body Name:MOBBLY BAY TO TAMPA BAY
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Waterfront:true
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Waterfront Features:Bay/Harbor Front
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Pool Private:false
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Association:false
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Ownership:Fee Simple
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Association Approval Required:false
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Additional Water Information:No bridges - canal accommodates small boats, kayaks, jet skis and paddleboards. Canal leads to Mobbly Bay which leads to Tampa Bay which leads to the Gulf of Mexico!
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Waterfront Feet Total:60
Parking
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Garage:true
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Attached Garage:true
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Garage Spaces:3
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Carport:false
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Covered Spaces:3
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Open Parking:true
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Parking Features:Bath In Garage
Extra Units
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# of Units Total:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/16/25
Apr 16, 2025
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Listed / Active | STELLAR_MLS | $645,000 | 9.7% (2.9% / YR) |
12/10/21
Dec 10, 2021
|
STELLAR_MLS | $588,000 | -2.0% | |
11/20/21
Nov 20, 2021
|
STELLAR_MLS | $599,900 | 77.0% (22.9% / YR) |