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2506 N Rocky Point Drive #331 AND 275

Tampa, FL 33607
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Bed 2

Bed

Bath 2

Bath

SqFt1,032

Sqft

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 Highli ghts • 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $500,000

AD Id : 76381959

MLS Id : MFRTB8489203

Beds : 2

Living Area Size : 1,032

Year Built : 1982

County : Hillsborough

Subdivision: Kinyon & Woods

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Feature Features

  • Bedroom Information

    Total Bedroom: 2

    Bathroom Information

    Total Baths: 2

    Interior Features

    Kitchen/Family Room Combo, Thermostat Roof: Membrane Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator Laundry Features: Common Area

    Roofing Information

    Membrane
  • Flooring Information

    Construction Materials: Concrete
  • Heating & Cooling

    Heating: Central, Electric Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1982
  • Exterior Features

    Balcony, Lighting, Outdoor Grill, Sidewalk, Sliding Doors Construction Materials: Concrete Foundation Details: Pillar/Post/Pier
  • Pool Features

    Private Pool: Heated, In Ground

  • Lot Information

    Lot Description: Paved Lot Square Feet: 2

    Property Information

    Property Type: Residential Income Sub Type: Duplex

  • Listing Price Information

    Original List Price:$500000

  • Tax Information

    Tax Block: 1 Tax Book Number: 4-5 Tax Lot: 0 Tax 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 Annual Tax: $8609.68 Tax Year: 2025 Parcel Number: A-14-29-17-3BZ-000001-00331.0 &A 14 29 17 3C0 0000

  • Homeowners Association Information

    Included Amenities: Elevator(s), Fitness Center, Laundry, Pool, Security HOA: $1,586.00 Monthly

  • Utility Information

    BB/HS Internet Available, Cable Available, Cable Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: SAILPORT RESORT CONDOMINIUM ON THE BAY & PHASE 2 City: TAMPA Direction: From FL-60 W / Kennedy Blvd West. Continue on FL-60 W, which becomes the Courtney Campbell Causeway (FL-60 W / FL-589). Take exit 2A toward Clearwater to merge onto W Courtney Campbell Causeway. After crossing the water, turn left onto N. Rocky Point Drive. Turn right onto Bay Club Court — the gated entrance to Sailport Waterfront Suites will be immediately ahead.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1106 W Arch Street, Tampa, FL, 33607 $489,900 4 3 1,858 1,858 SqFt
2107 W Cherry Street, Tampa, FL, 33607 $440,000 3 3 1,382 1,382 SqFt
4103 N Howard Avenue, Tampa, FL, 33607 $464,900 6 2 1,864 1,864 SqFt
2526 W Union Street, Tampa, FL, 33607 $550,000 4 3 1,725 1,725 SqFt
3105 W Spruce Street, Tampa, FL, 33607 $689,000 7 7 2,415 2,415 SqFt
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ByOwner last updated this listing 06/23/2026 @ 06:20

MLS: MFRMLS #TB8489203 LISTED BY: Sunny Alexander, RED SASH REALTY LLC 931-237-6592 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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