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2506 N ROCKY POINT DRIVE UNIT 331

Active With Contract
$249,900

BTC: 3.05594619

ETH: 102.75493421

65 days
1 bds
1 ba
516 sqft

Overview

Under contract-accepting backup offers. 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.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1982
Lot:
2 Square Feet
Heating:
Central
Price/sqft:
$484
Cooling:
Central Air
HOA:
$793

Valuation

Our model vs. what's actually selling nearby.
Estimate
$249,900
$175K – $330K
Confidence Low
List vs. estimate
At estimate
List $249,900 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$484
+75.0% vs. city median $276
Based on
81 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,508
2025
HOA
$793/mo
24-Hour Guard, Cable TV, Community Pool
Furnished
Furnished
Pets
Not allowed
All facts and features
  • Flooring

    • Luxury Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Disposal

    • Electric Water Heater

    • Wine Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Kitchen/Family Room Combo

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: Sliding Doors

    Lot

    • Lot: 2 Square Feet

    Other Property Information

    • Parcel Number: A1429173BZ00000100331.0

    • Zoning: CG

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condo - Hotel

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

  • Other financial information

    • HOA: $793

    • HOA Frequency: Monthly

    • Annual tax amount: $4,508

  • Source details

    • MLS ID: TB8535693

    Other facts

    • Construction Materials: Cement Siding / Other

    • Foundation Details: Stilt/On Piling

    • Laundry Features: Common Area

    • Direction Faces: Southwest

    • Living Area: 516

    • Water Source: Public

    • Subdivision Name: SAILPORT RESORT CONDO ON

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RED SASH REALTY LLC