PROPERTY HIGHLIGHTS

TYPE

Single Family Residence

BEDROOMS

3

BATHROOMS FULL

3

GARAGE

3

LIVING AREA

2,025 sq.ft.

LOT SIZE

0.18 acres

YEAR BUILT

1990

PRIVATE POOL

No

SELLING FIRM

Premier Sotheby'S Intl Realty

MLS#

TB8344074

Read more about this listing 7418 BAY DR TAMPA, FL 33635

Waterfront Living Without Compromise — 7418 Bay Drive, Tampa, Florida. Welcome to a rare opportunity in REOlds Farm, one of Tampa’s most serene waterfront enclaves. This elevated three-bedroom, three-bath residence offers the ideal blend of tranquility, functionality and flexibility—with no HOA restrictions and full rental freedom. Enjoy panoramic water views from nearly every room, with direct canal access to Tampa Bay and the Gulf of Mexico—no bridges required. The recently upgraded floating dock and TREX-decked lounge invite boating, paddleboarding and relaxed alfresco living. Significant infrastructure upgrades include a 2024 HVAC system, 2021 seawall, new roof, remote-access gated entry and a fully fenced yard. Inside, the open-concept layout centers around a gourmet kitchen appointed with granite countertops, stainless steel appliances and a generous dining area. The primary suite features serene water views and a spa-inspired en-suite bath. Two additional bedrooms are privately situated on the opposite wing. Downstairs, the oversized garage accommodates two vehicles plus over 1,000 square feet of finished, air-conditioned flex space—ideal for a home office, guest suite, gym or income-producing opportunity. Based on nearby short-term rental performance, projected income ranges from $5,200–$5,900/month at 60% occupancy—making this property an exceptional blend of personal enjoyment and potential passive income. This home is ideally located minutes from a driving range, waterfront parks, and two dog parks, with Oldsmar and Tampa’s lifestyle amenities just a short drive away. The neighborhood’s peaceful, golf cart-friendly streets and proximity to green spaces create a truly enviable lifestyle. No HOA. No rental restrictions. Endless potential.

...READ MORE ABOUT THIS HOME...

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PROPERTY DETAILS

INTERIOR FEATURES

Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments

APPLIANCES

Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener

HEATING

Central, Electric

COOLING

Central Air

FIREPLACE

No

EXTERIOR FEATURES

Lighting, Private Mailbox, Rain Gutters, Sliding Doors

COMMUNITY POOL

No

WATERFRONT

Yes

COUNTY

Hillsborough

ELEMENTARY SCHOOL

Lowry-HB

MIDDLE SCHOOL

Farnell-HB

HIGH SCHOOL

Alonso-HB

MORTGAGE CALCULATOR

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Listings courtesy of Stellar MLS as distributed by MLS GRID based on information submitted to the MLS GRID as of Thu, 24 Apr 2025 04:10:00 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.