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7418 Bay Dr, Tampa, FL 33635

$645,000

Reduced By $4,000
last change 3/25/2025

Overhead shot of a lovely home surrounded by lush greenery near the tranquil blue waters of the bay at 7418 Bay Dr, Tampa, FL 33635
  • Bedrooms

    3

  • Baths

    3

  • Sq. Feet

    2025

  • Year Built

    1990

  • Days On Market

    81

  • $/SqFt

    $319

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Home Description

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.

  • MLS #: TB8344074
  • Address: 7418 Bay Dr
  • Levels: Two
  • City: Tampa
  • Zip: 33635
  • County: Hillsborough
  • Subdivision: Reolds Farm
  • Community Features: Dog Park,Golf Carts OK,Horses Allowed,Park,Playground,Stable(s)
  • Elementary School: Lowry-HB
  • Middle School: Farnell-HB
  • High School: Alonso-HB
  • Private Pool: False
  • Water View: Canal
  • Water Name: MOBBLY BAY/TAMPA BAY
  • Water Frontage: Canal - Brackish
  • Water Feet: 60
  • Water Extras: Bridges - No Fixed Bridges,Minimum Wake Zone,Seawall - Concrete
  • Water Access: Bay/Harbor,Canal - Brackish,Gulf/Ocean
  • 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
  • Floor Covering: Carpet,Ceramic Tile,Hardwood
  • Kitchen Features: Breakfast Bar,Granite Counters,Kitchen Island,Walk-In Pantry
  • Additional Rooms: Bonus Room,Family Room,Inside Utility,Interior In-Law Suite w/Private Entry
  • Exterior Features: Lighting,Private Mailbox,Rain Gutters,Sliding Doors
  • Exterior Contruction: Concrete,Stone
  • Foundation: Slab
  • Front Exposure: East
  • Roof: Shingle
  • Building Sqft: 4662

Available now at $645,000

Approximate Room Sizes / Descriptions

Kitchen20x16SecondEngineered Hardwood
Great Room22x18SecondEngineered Hardwood
Dining Room16x18SecondEngineered Hardwood
Laundry18x27FirstConcrete
Primary Bedroom15x14SecondCeramic Tile
Bedroom 210x10SecondCarpet
Bedroom 311x13SecondCarpet
  • Attached Garage: True
  • Garage: True
  • Garage Spaces: 3
  • Garage Feature: Bath In Garage,Converted Garage,Driveway,Garage Door Opener,Ground Level,Split Garage
  • Carport: False
  • Carport Spaces: 0
  • Air Conditioning: Central Air
  • Heating: Central,Electric
  • Utilities: BB/HS Internet Available,Cable Connected,Electricity Connected,Public,Street Lights,Water Connected
  • Lot Sqft: 7980.00
  • Lot Dim: 60x133
  • Lot Acres: 0.1800
  • Total Acre: 0 to less than 1/4
  • Lot Num: 53
  • Senior Community: False
  • Style: Single Family Residence
  • Location: Flood Insurance Required,Paved
  • Building Num Floors: 2
  • : 727-595-1604

Neighborhood

The average asking price of a 3 bedroom Tampa home in this zip code is $496,129 (23.1% less than this home).

This home is priced at $319/sqft, which is 11.7% less than similar homes in the 33635 zip code.

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Financial

  • Approx Payment:$3,138*
  • Taxes:$7,253

Area Stats

These statistics are updated daily from the My Florida Regional MLS. For further analysis or to obtain statistics not shown below please call EasyStreet Realty at (727) 479-6413 and speak with one of our real estate consultants.

Listing Courtesy of PREMIER SOTHEBY'S INTL REALTY. For information or to schedule a viewing of this property (MLS# TB8344074), call: 727-479-6413

7418 Bay Dr, Tampa FL is a single family home of 2025 sqft and is currently priced at $645,000 . This single family home has 3 bedrooms. A comparable home for sale at 6931 Silvermill Dr in Tampa is listed at $380,000. In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures in Tampa, FL. Meadow Brook, Champions Forest and Bay Port Colony are nearby neighborhoods. MLS TB8344074 has been posted on this site since 1/29/2025 (today).

2025 4/19/2025.

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