$500,000

About This Property

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 (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. 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.