8
BEDS
8
BATHS
3,224
SQ.FT.
TYPE
Single Family Residence
BEDROOMS
8
BATHROOMS FULL
8
LIVING AREA
3,224 sq.ft.
LOT SIZE
1.16 acres
YEAR BUILT
1954
NEW CONSTRUCTION
No
SELLING FIRM
Premier Sothebys Intl Realty
MLS #
TB8412300
A rare Tampa waterfront investment with 258 ft of private shoreline and proven returns that outperform the stock market. This income-producing short-term rental averages 10.3% annual gross ROI, with total effective returns often reaching 20–33% when factoring appreciation, tax benefits, and leverage—far beyond typical equities. Zoned RSC-6, the property allows multiple dwellings on large lots, accessory structures, and additional units, giving investors the freedom to expand—think tiny homes, cabins, glamping sites, studio suites, or a waterfront event lawn (verify specifics with county). The 1.16-acre estate already operates as a high-performing STR with two mid-century homes, bonus spaces, and room to sleep 30. Guests love the curated amenities: swim spa, hot tub, mini golf, kayaks, paddle boat, fire pit, outdoor shower, yard games, creekside bar, and private boat launch. With strong weekend bookings and untapped weekday potential, this turnkey, fully furnished property offers immediate cash flow and significant upside. Waterfront, revenue, land, zoning flexibility—opportunities like this almost never hit the market. Investor packet available.
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Have you outgrown your current home, do you wish to downsize, or are you thinking about a change of scenery? Buying a home represents one of the most significant investments of your life. For most, this is an exciting but overwhelming time. You want someone looking out for your interests.
Whether new construction or pre-owned, we’ll help you find the perfect home to fit your needs. Our buyer services are paid for by the seller, so you can leverage our expertise without paying a buyers’ agent fee. We look forward to helping you start the next chapter of your Tampa Bay housing journey!
Listings courtesy of Stellar MLS as distributed by MLS GRID based on information submitted to the MLS GRID as of Wed, 15 Apr 2026 06:15:44 GMT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Property information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.