7418 Bay Drive, TAMPA, FL

$645,000

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3

Beds

3

Baths

2,025

Square feet

0.18

Acres

About 7418 Bay Drive

WATERFRONT FREEDOM AWAITS – 7418 BAY DRIVE, TAMPA, FLORIDA Step into the salt-air lifestyle you've been dreaming of—where your mornings start with coffee on the dock, and your afternoons end with a sunset cruise to the bay. Nestled in the peaceful, golf cart-friendly community of REOlds Farm, this elevated 3-BEDROOM, 3-BATH WATERFRONT RETREAT delivers the perfect blend of privacy, play, and potential—with NO HOA and NO RENTAL RESTRICTIONS. Enjoy DIRECT CANAL ACCESS TO TAMPA BAY AND THE GULF, with NO BRIDGES blocking your path to adventure. Launch your boat, cast a line, or paddle out from your NEW FLOATING DOCK and TREX-DECKED LOUNGE AREA. Fish from your own backyard or spend the weekend exploring the bay—this home is a haven for water lovers. Inside, the OPEN-CONCEPT DESIGN flows around a granite-stacked GOURMET KITCHEN, stainless steel appliances, and a generous dining space that invites family gatherings and casual nights in. The PRIMARY SUITE offers dreamy WATER VIEWS and a SPA-STYLE ENSUITE BATH, while two additional bedrooms are tucked away for maximum comfort. Major updates include a NEW ROOF, 2024 HVAC, 2021 SEAWALL, and a REMOTE-GATED ENTRY with a FULLY FENCED YARD—perfect for pets, kids, and peace of mind. Downstairs, a huge 2-CAR GARAGE opens to an impressive 1,000+ SQ FT OF AIR-CONDITIONED FLEX SPACE with its own entrance—perfect for a HOME OFFICE, GYM, GUEST SUITE, or even an INCOME-PRODUCING RENTAL. Here, you’re just minutes from WATERFRONT PARKS, TWO DOG PARKS, UPPER TAMPA BAY TRAILS, and a LOCAL GOLF DRIVING RANGE. Cruise Oldsmar in your GOLF CART, launch a kayak from your backyard, or unwind with fresh-caught fish on the grill—this is TRUE FLORIDA LIVING without compromise. Keep it all for yourself—or tap into the income potential, with PROJECTED SHORT-TERM RENTAL INCOME OF $5,200–$5,900/MO AT 60% OCCUPANCY. Whether you’re looking for a forever home, a second home, or a flexible investment property, this rare waterfront gem delivers it all. No HOA. No rental rules. Just sunshine, saltwater, and space to thrive.

Features of 7418 Bay Drive

MLS® # TB8344074
Price $645,000
Bedrooms 3
Bathrooms 3.00
Full Baths 3
Square Footage 2,025
Acres 0.18
Year Built 1990
Type Residential
Sub-Type Single Family Residence
Status Active
Taxes $7,253
HOA Fees $0
CDD N

Community Information

Address 7418 Bay Drive
Area Tampa
Subdivision REOLDS FRM PLT 1 19 20 29
City TAMPA
County Hillsborough
State FL
Zip Code 33635

Amenities

Parking Bath In Garage, Converted Garage, Driveway, Garage Door Opener, Ground Level, Garage
# of Garages 3
View Trees/Woods, Water
Is Waterfront Yes
Waterfront Canal - Brackish
Has Pool No

Interior

Interior Features Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Appliances Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener
Heating Central, Electric
Cooling Central Air
Fireplace No
# of Stories 2

Exterior

Exterior Features Lighting, Private Mailbox, Rain Gutters, Sliding Doors
Lot Description Flood Insurance Required, Paved
Roof Shingle
Foundation Slab

School Information

Elementary Lowry-HB
Middle Farnell-HB
High Alonso-HB

Rental Restrictions

Minimum Lease No Minimum

Additional Information

Date Listed January 29th, 2025
Days on Market 110
Zoning RSC-6
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePREMIER SOTHEBY'S INTL REALTY

Listing Map

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