7418 BAY DR Active Save Request In-Person Tour Request Virtual Tour
Tampa,FL 33635
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,025 sqft
Price per Sqft $318
Subdivision Reolds Frm Plt 1 19 20 29
MLS Listing ID TB8344074
Bedrooms 3
Full Baths 3
HOA Y/N No
Originating Board Stellar MLS
Year Built 1990
Annual Tax Amount $7,253
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 60x133
Property Sub-Type Single Family Residence
Property Description
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.
Location
State FL
County Hillsborough
Community Reolds Frm Plt 1 19 20 29
Area 33635 - Tampa
Zoning RSC-6
Rooms
Other Rooms Bonus Room,Family Room,Inside Utility,Interior In-Law Suite w/Private Entry
Interior
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
Heating Central,Electric
Cooling Central Air
Flooring Carpet,Ceramic Tile,Hardwood
Fireplace false
Appliance Dishwasher,Disposal,Electric Water Heater,Microwave,Range,Refrigerator,Water Softener
Laundry Inside,Laundry Room
Exterior
Exterior Feature Lighting,Private Mailbox,Rain Gutters,Sliding Doors
Parking Features Bath In Garage,Converted Garage,Driveway,Garage Door Opener,Ground Level,Split Garage
Garage Spaces 3.0
Fence Fenced
Community Features Dog Park,Golf Carts OK,Stable(s),Horses Allowed,Park,Playground
Utilities Available BB/HS Internet Available,Cable Connected,Electricity Connected,Public,Street Lights,Water Connected
Waterfront Description Canal - Brackish
View Y/N Yes
Water Access Yes
Water Access Desc Bay/Harbor,Canal - Brackish,Gulf/Ocean
View Trees/Woods,Water
Roof Type Shingle
Porch Deck,Front Porch,Rear Porch,Screened
Attached Garage true
Garage true
Private Pool No
Building
Lot Description Flood Insurance Required,Paved
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Septic Tank
Water Public
Structure Type Concrete,Stone
New Construction false
Schools
Elementary Schools Lowry-Hb
Middle Schools Farnell-Hb
High Schools Alonso-Hb
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8344074