2506 N Rocky Point Drive, Unit 331 and #275Tampa, FL 33607Price: $500,000

  • Price: $500,000
  • Est. Mortgage of $/month
  • 63 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.51% last updated on May 21, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $500,000List Price
  • 2Bedrooms
  • 1,032Square Feet
Investment Opportunity: Turnkey Waterfront Condo-Hotel Package - Rays by the Bay & Mangrove Bay | Tampa, FL Rare 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 o Fully furnished and professionally maintained o Strong ADR and occupancy rates o Active listings on major Online Travel Agencies (Airbnb, VRBO, etc.) o Future bookings transferable to new owner o Currently managed by a professional management company (optional to retain) o Option to acquire existing LLC for a seamless transition Resort-Style Amenities That Drive Bookings Guests enjoy a full-service waterfront experience, including: o Geo-thermal heated pool (84F year-round) o Sandy beach with direct bay access o Tiki bar & Bayside dining o Fire pit, BBQ & picnic areas o Sand volleyball court & outdoor fitness equipment o 24/7 gated security o Covered parking with elevator access o On-site laundry facilities Prime Tampa Location Situated in the highly desirable Rocky Point area, these units offer unmatched convenience: o 5 minutes to Tampa International Airport (TPA) o Minutes to Downtown Tampa & Westshore Business District o Near Raymond James Stadium (home of the Buccaneers) o Easy access to Clearwater Beach, St. Petersburg & Hyde Park o 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. 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.

Property Details of 2506 N Rocky Point Drive, Unit 331 and #275

Property Details

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$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.51% last updated on May 21, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Sunny Alexander of RED SASH REALTY LLC (931-237-6592)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 26, 2026 5:30 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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