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… Read More 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. Read Less
Courtesy of RED SASH REALTY LLC 931-237-6592
Listing Snapshot
Days Online
2
Last Updated
Property Type
Condo - Hotel
Beds
1
Full Baths
1
Square Ft.
516
Year Built
1982
MLS Number
TB8535693
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Disposal, Electric Water Heater, Wine Refrigerator
Building
Built in 1982, Living area: 516, Living area units: Square Feet, Building faces Southwest, 4 stories, Levels: One, Construction Materials: Cement Siding
Community
Gated Community - Guard
Cooling
Central Air
Exterior Features
Sliding Doors
Floors
Luxury Vinyl
Foundation
Stilt/On Piling
Heating
Central
Home Owner's Association
Association Fee: $793, Fee Frequency: Monthly, Fee Includes: Guard - 24 Hour, Cable TV, Pool, Escrow Reserves Fund, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Sewer, Trash, Water
Interior Features
Ceiling Fans(s), Kitchen/Family Room Combo
Laundry
Common Area
Lot
5e-05 acres
Pets Policy
Allowed: No
Property
Bay/Harbor - Partial
Roof
Membrane
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: A-14-29-17-3BZ-000001-00331.0, Public Survey Range: 17, Public Survey Section: 14, Annual Amount: $4,508.12, Tax Block: 1, Tax Book Number: 4-5, Legal Description: SAILPORT RESORT CONDOMINIUM ON THE BAY PHASE 1 UNIT 331 BLDG 1 .3951% UNDIV SHARES IN THE COMMON ELEMENTS EXPENSES AND SURPLUS, Lot: NA, Year: 2025, Zoning: CG
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Water Source: Public
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