TAMPA, FL 33635 7418 BAY DRIVE
$645,000
27 more
Presented By: PREMIER SOTHEBY'S INTL REALTY with 727-595-1604. - 727-595-1604
Beds • 4
Baths • 3
SQFT • 3,025
Garage • 3
Home Details
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.
Presented By: PREMIER SOTHEBY'S INTL REALTY with 727-595-1604. - 727-595-1604
Interior Features for 7418 BAY DRIVE
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths3
Other Interior Features
LivingAreaSourceowner
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringcarpet, engineered hardwood, vinyl
Heating Y/NYes
Interior Amenitiesceiling fan(s), eating space in kitchen, living room/dining room combo, open floorplan, primarybedroom upstairs, split bedroom, stone counters, thermostat, walk-in closet(s), window treatments
Laundry Featuresinside
General for 7418 BAY DRIVE
Additional Parcels Y/NNo
Additional Roomsattic, bonus room, family room, formal dining room separate, inside utility, interior in-law suite w/private entry
Appliancesdishwasher, disposal, electric water heater, microwave, range, refrigerator, water softener
Attached Garage Yes
Body of Watermobbly bay to tampa bay
Building Area Unitssquare feet
Carport Y/NNo
Citytampa
Community Featuresbay/harbor front, canal front, water access, waterfront, dog park, golf carts ok, stable(s), horses allowed, park, playground
Construction Materialsconcrete, stone
Coolingcentral air
Countyhillsborough
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.
DockY/NYes
Flood Zone Codeae
Garage Spaces3
Garage Y/NYes
HOANo
Heatingcentral, electric
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionreolds 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
Levelstwo
Listing Termscash, conventional, fha, va loan
Living Area Unitssquare feet
Lot Size Square Feet7980
Lot Size Unitssquare feet
MLS Area33635 - tampa
Minimum Lease1-7 days
ModificationTimestamp2025-05-08t03:01:39.087z
New ConstructionNo
Number Of Units Total1
Occupancy Typeowner
Ownershipfee simple
Patio/Porch Featurescovered, deck, enclosed, rear porch, screened
Possessionnegotiable
Property Subtypeduplex
Property Typeresidential income
Roofshingle
Security Featuressecurity fencing/lighting/alarms, security gate, smoke detector(s)
Senior Community Y/NNo
Sewerseptic tank
Standard Statusactive
Statusactive
Subdivision Namereolds frm plt 1 19 20 29
Tax Annual Amount7253.42
Tax Lot53
Tax Year2024
Utilitiesbb/hs internet available, cable connected, electricity connected, sewer connected, street lights, water connected
Viewtrees/woods, water
Virtual TourClick here
Water Access Typebay/harbor, canal - brackish
Water Access Y/NYes
Water Viewbay/harbor - partial, canal
Water View Y/NYes
Waterfront Featuresbay/harbor front, canal front, waterfront, canal - brackish
Waterfront Y/NYes
Year Built1990
Zoningrsc-6
Exterior for 7418 BAY DRIVE
Building Area Total4662
Covered Spaces3
Exterior Amenitiesbalcony, fenced, lighting, private mailbox, rain gutters, sliding doors, storage
Foundation Detailsslab
Lot Dimensions60 x 133
Lot Featuresflood insurance required, floodzone, private
Lot Size Acres0.18
Lot Size Area7980
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Water Meters1
Open Parking Y/NYes
Parking Featuresbath in garage, boat, driveway, garage door opener, oversized
Private PoolNo
Road Frontage Typestreet paved
Road Surface Typepaved
Water Sourcepublic
Additional Details
Price History
Elsa Vega
Realtor®
