7418 BAY DRIVE TAMPA FL 33635 MLS #TB8344074

7418 BAY DRIVE
TAMPA, FL, 33635
$645,000
3 Beds
3 Baths
4,662 SqFt
0.18 Acres
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Waterfront Living Without Compromise — 7418 Bay Drive, Tampa, Florida. Welcome to a rare opportunity in REOlds Farm, one of Tampa’s most serene waterfront enclaves. This elevated three-bedroom, three-bath residence offers the ideal blend of tranquility, functionality and flexibility—with no HOA restrictions and full rental freedom. Enjoy panoramic water views from nearly every room, with direct canal access to Tampa Bay and the Gulf of Mexico—no bridges required. The recently upgraded floating dock and TREX-decked lounge invite boating, paddleboarding and relaxed alfresco living. Significant infrastructure upgrades include a 2024 HVAC system, 2021 seawall, new roof, remote-access gated entry and a fully fenced yard. Inside, the open-concept layout centers around a gourmet kitchen appointed with granite countertops, stainless steel appliances and a generous dining area. The primary suite features serene water views and a spa-inspired en-suite bath. Two additional bedrooms are privately situated on the opposite wing. Downstairs, the oversized garage accommodates two vehicles plus over 1,000 square feet of finished, air-conditioned flex space—ideal for a home office, guest suite, gym or income-producing opportunity. Based on nearby short-term rental performance, projected income ranges from $5,200–$5,900/month at 60% occupancy—making this property an exceptional blend of personal enjoyment and potential passive income. This home is ideally located minutes from a driving range, waterfront parks, and two dog parks, with Oldsmar and Tampa’s lifestyle amenities just a short drive away. The neighborhood’s peaceful, golf cart-friendly streets and proximity to green spaces create a truly enviable lifestyle. No HOA. No rental restrictions. Endless potential.

Property Details

Price:
$645,000
MLS #:
TB8344074
Status:
Active
Beds:
3
Baths:
3
Address:
7418 BAY DRIVE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
REOLDS FRM PLT 1 19 20 29
Neighborhood:
33635 – Tampa
City:
TAMPA
Listed Date:
Jan 29, 2025
State:
FL
Finished Sq Ft:
4,662
Total Sq Ft:
4,662
ZIP:
33635
Lot Size:
7,980 sqft / 0.18 acres (approx)
Year Built:
1990
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Clarence Hasenbeck

Clarence Hasenbeck

Realtor®

Phone 727 492-9846

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Schools

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

Interior

Appliances
Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Ceramic Tile, Engineered Hardwood
Heating
Central, Electric
Laundry Features
Inside, Laundry Room

Exterior

Community Features
Bay/ Harbor Front, Canal Front, Fishing, Waterfront, Dog Park, Golf Carts O K, Stable(s), Horses Allowed, Park, Playground
Construction Materials
Concrete, Stone
Exterior Features
Lighting, Private Mailbox, Rain Gutters, Sliding Doors
Parking Features
Bath In Garage, Converted Garage, Driveway, Garage Door Opener, Ground Level, Split Garage
Roof
Shingle
Security Features
Security Fencing/ Lighting/ Alarms, Security Gate

Financial

Tax Year
2024
Taxes
$7,253

Map

Community

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broker reciprocity Courtesy of PREMIER SOTHEBY’S INTL REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than Clarence Hasenbeck include the name of the listing broker. Neither the listing company nor Clarence Hasenbeck shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved.
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7418 BAY DRIVE
TAMPA, FL