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.
For sale
Price cut: $250.1K (8/4)
$249,900
2506 N ROCKY POINT DRIVE #331, TAMPA, FL 33607
1beds
516sqft
Hotel/Motel, Condominium
Built in 1982
-- sqft lot
$-- Zestimate®
$484/sqft
$793/mo HOA
What's special
- 33 days
- 180
- 13
Zillow last checked:
Listing updated:
Listed by:
Sunny Alexander 931-237-6592,
RED SASH REALTY LLC 931-237-6592,
Michael Beum 614-746-9869,
RED SASH REALTY LLC
Source: Stellar MLS,MLS#: TB8535693
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
- Area: 132 Square Feet
- Dimensions: 12x11
Kitchen
- Level: First
- Area: 225 Square Feet
- Dimensions: 15x15
Living room
- Level: First
- Area: 300 Square Feet
- Dimensions: 15x20
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Disposal, Electric Water Heater, Wine Refrigerator
- Laundry: Common Area
Features
- Ceiling Fan(s), Kitchen/Family Room Combo
- Flooring: Luxury Vinyl
- Doors: Sliding Doors
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 516
- Total interior livable area: 516 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Bay/Harbor - Partial
- Has water view: Yes
- Water view: Bay/Harbor - Partial
- Waterfront features: Fishing Pier
Lot
- Size: 2 Square Feet
Details
- Parcel number: A1429173BZ00000100331.0
- Zoning: CG
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Hotel/Motel, Condominium
Materials
- Cement Siding, Other
- Foundation: Raised
- Roof: Membrane
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected
Community & HOA
Community
- Features: Gated Community - Guard
- Pet fee: $0 monthly
- Subdivision: SAILPORT RESORT CONDO ON
HOA
- Has HOA: Yes
- Services included: 24-Hour Guard, Cable TV, Community Pool, Reserve Fund, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Sewer, Trash, Water
- HOA fee: $793 monthly
- HOA name: Al Alsaleh
- HOA phone: 813-281-9599
Location
- Region: Tampa
Financial & listing details
- Price per square foot: $484/sqft
- Tax assessed value: $225,376
- Annual tax amount: $4,508
- Date on market: 8/4/2026
- Cumulative days on market: 34 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Price change | $249,900-50%$484/sqft |
Source: | ||
| 3/24/2026 | Listed for sale | $500,000+72.4%$969/sqft |
Source: | ||
| 8/19/2021 | Sold | $290,000-3.3%$562/sqft |
Source: Stellar MLS #T3319376 Report a problem | ||
| 8/4/2021 | Pending sale | $300,000$581/sqft |
Source: | ||
| 7/19/2021 | Listed for sale | $300,000+334.8%$581/sqft |
Source: | ||
| 10/25/2013 | Sold | $69,000$134/sqft |
Source: Stellar MLS #T2596279 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,508 -9.9% | $225,376 -13.5% |
| 2024 | $5,003 +9.2% | $260,456 +10% |
| 2023 | $4,582 +7.1% | $236,778 +7.8% |
| 2022 | $4,276 +62.8% | $219,544 +79.7% |
| 2021 | $2,627 +17.3% | $122,159 +10% |
| 2020 | $2,239 +1% | $111,054 +8.9% |
| 2019 | $2,216 | $102,004 -0.1% |
| 2018 | $2,216 +10% | $102,093 +21.1% |
| 2017 | $2,015 +12.1% | $84,301 +34.7% |
| 2016 | $1,797 +27.7% | $62,566 +10% |
| 2015 | $1,407 +26% | $56,878 +8.2% |
| 2014 | $1,117 | $52,564 +17.5% |
| 2013 | $1,117 +25.1% | $44,730 +10% |
| 2012 | $893 -3.3% | $40,664 -4.1% |
| 2011 | $923 -29.3% | $42,405 -29.9% |
| 2010 | $1,306 -11.5% | $60,515 -11% |
| 2009 | $1,475 -34% | $68,004 -33.9% |
| 2008 | $2,236 -25.2% | $102,862 -26.1% |
| 2007 | $2,988 -6% | $139,195 +2.9% |
| 2006 | $3,177 +70.7% | $135,315 +76.1% |
| 2005 | $1,862 | $76,828 +8.2% |
| 2004 | -- | $70,993 +27.5% |
| 2003 | -- | $55,669 +25.2% |
| 2002 | -- | $44,480 |
| 2001 | -- | $44,480 +1.1% |
| 2000 | $1,121 | $43,980 |
Find assessor info on the county website
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