Sarasota's Premier Homes

2506 N ROCKY POINT DRIVE 331 and #275

TAMPA , FL 33607

MLS#: TB8489203

$500,000

Status: Active
Listing number: TB8489203
Listing provided by: RED SASH REALTY LLC
Listing agent phone: None
Last update: 23 hours ago
New on site 2 days ago
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SAILPORT RESORT CONDOMINIUM ON THE BAY & PHASE 2 - Residential Income

Property

Beds

2

Full Baths

None

1/2 Baths

None

Year Built

1982

Sq.Footage

1,032

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 Highlights • 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.

Features & Amenities

Interior

  • Total Bedrooms

    2

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    No

Exterior

  • Garage

    No

  • Construction Materials

    Concrete

  • Other Exterior Features

    Balcony, Lighting, Outdoor Grill

  • Pool

    Yes

  • Pool Features

    Heated, In Ground

  • Waterfront YN

    NO

  • View

    Water

Area & Lot

  • Lot Features

    Paved

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $500,000

  • Tax Amount

    $8,609.68

  • Sq. Footage

    1, 032

  • Price/SqFt

    $484

HOA

  • Association

    Yes

  • Association Fee

    $1,586

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

  • Total Monthly Fees

    $1,586

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Association Amenities

    Elevator(s), Fitness Center, Laundry, Pool, Security

  • Foundation Details

    Pillar/Post/Pier

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    0

  • Water Source

    Public

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Location

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Hillsborough

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Listing Courtesy of Sunny Alexander , RED SASH REALTY LLC

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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 Highlights • 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.

2506 N ROCKY POINT DRIVE 331 and #275

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