Address: 2506 Rocky Point Drive 331 And #2, TAMPA, FL 33607
Description
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
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 transition
Resort Style Amenities That Drive Bookings
Guests enjoy a full service waterfront experience, including:
Geo thermal heated pool (84F 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: Tampas 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 Tampas most desirable rental corridors.
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
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 transition
Resort Style Amenities That Drive Bookings
Guests enjoy a full service waterfront experience, including:
Geo thermal heated pool (84F 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: Tampas 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 Tampas most desirable rental corridors.
Legal Description: SAILPORT RESORT CONDOMINIUM ON THE BAY PHASE 1 UNIT 331 BLDG 1 .3951% UNDIV SHARES IN THE COMMON ELEMENTS EXPENSES AND SURPLUS & SAILPORT RESORT CONDOMINIUM ON THE BAY PHASE 2 PHASE 2 UNIT 275 BLDG 5 .3951% UNDIVIDED SHARES IN THE COMMON ELEMENT EXPENSES AND SURPLUS
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