Investment Opportunity: Turnkey Waterfront Condo-Hotel Package - Rays by the Bay & Mangrove Bay | Tampa, FLRare 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 transitionResort-Style Amenities That Drive BookingsGuests 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 facilitiesPrime Tampa LocationSituated 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 attractionsThe 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.
Listed By
Agency Name: RED SASH REALTY LLC
Agency Contact: 931-237-6592
Shown By
Agency Title: Florida Executive Realty
Agency Phone: 813-632-9452
Estimated Payment
$ 1,976.03 per month $1,112.78 Principal & Interest $717.42 Property Tax $145.83 Homeowner's Insurance
2506 N Rocky Point Drive , Unit 331 and #2 | MLS# TB8489203
This multi-family property located at 2506 N Rocky Point Drive , Unit 331 and #2, Tampa, FL 33607 is currently listed for sale with an asking price of $500,000. Search Tampa real estate on www.floridaexecutiverealty.com today.