Turnkey Waterfront Condo-Hotel: Rays by the Bay | Tampa, FL. Income-producing 1-bedroom/1-bathroom condo-hotel unit located on scenic Tampa Bay. Rays by the Bay has strong, consistent short-term rental performance and year-round guest demand. The Unit is thoughtfully designed to maximize comfort and revenue, sleeping up to 4 guests. Features a private bedroom, spacious living area with sleeper sofa, fully equipped kitchen, modern bathrooms, and private balcony with stunning bay views. This well-maintained suite is guest-ready and optimized for short-term rental success. Turnkey Investment Highlights Fully furnished and professionally maintained Strong ADR and occupancy rates Currently managed by a professional management company (optional to retain) 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. Perfect for the investor looking to expand your portfolio, completing a 1031 exchange, or looking to secure a high-performing waterfront asset in one of Tampa's most desirable rental corridors.
| MLS # | TB8535693 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $793 |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1982 |
| Days On Site | 60 |
| Listing Provided By | RED SASH REALTY LLC | Sunny Alexander |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 516 |
| Story(s) | 4 |
| Zoning | CG |
| Property | 4508 |
|---|
| State | FL |
|---|---|
| County | Hillsborough |
| City | TAMPA |
| Zip Code | 33607 |
| Area | 33607 Tampa |
| Community Name | SAILPORT RESORT CONDO ON |
| Listing VS Median (in SAILPORT RESORT CONDO ON) | |
Price: $249,900 low | high Med: $239,950 sqft: 516 low | high Med: 538 $ / sqft: $484 low | high Med: $446 On site: 60 low | high Med: 51.5 | |
| State | FL |
|---|---|
| County | Hillsborough |
| City | TAMPA |
| Zip Code | 33607 |
| Area | 33607 Tampa |
| Community Name | SAILPORT RESORT CONDO ON |
| Listing VS Median (in SAILPORT RESORT CONDO ON) | |
Price: $249,900 low | high Med: $239,950 sqft: 516 low | high Med: 538 $ / sqft: $484 low | high Med: $446 On site: 60 low | high Med: 51.5 | |