Homes for sale - 7418 BAY DR, Tampa, FL 33635

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John Arroyo

john@arroyoinvestments.com +1(407) 430-6330

$ 645,000

Est. payment | -/mo

3 Beds

3 Baths

2,025 SqFt

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$ 645,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

3 Baths

2,025 SqFt

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

Listed by PREMIER SOTHEBY'S INTL REALTY

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(407) 430-6330

john@arroyoinvestments.com

7418 BAY DR Tampa, FL 33635