Condo - Hotel at 2506 N ROCKY POINT DR #331, TAMPA
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15 photos

$249,900

Under contract
Bedrooms
1
Bathrooms
1
Living area
516 sqft
Year built
1982
2506 N ROCKY POINT DR #331
TAMPA, FL 33607
Listed by RED SASH REALTY LLC

Highlights

Property type
Condo - Hotel
Lot size
2 sqft
On market
65 days

About this home

Under contract-accepting backup offers. 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.

Property details

MLS
Stellar MLS
MLS #
MFRTB8535693
Property type
Condo - Hotel
Subdivision
SAILPORT RESORT CONDO ON
Status
Under contract
Days on market
65
On market date
August 4, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
2 sqft
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
DICKENSON ELEMENTARY SCHOOL
1.74 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
543
Student:teacher ratio
14.3:1
District
HILLSBOROUGH
Middle
WEBB MIDDLE SCHOOL
2.75 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
763
Student:teacher ratio
18.2:1
District
HILLSBOROUGH
High
JEFFERSON HIGH SCHOOL
3.14 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,397
Student:teacher ratio
18.9:1
District
HILLSBOROUGH

Walkability

Blended score for TAMPA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

67
Walkable
out of 100
EPA National Walkability Index
10.8 / 20 -- Above average walkable
Google Places amenity density
85 / 100
Restaurants & cafes20
Grocery stores2
Parks3
Schools3
Transit stops6
Pharmacies1

Market position

How this listing compares to current activity in TAMPA, from live MLS data.

On the market 65 days -- 18 fewer days than TAMPA's current average of 83 days.
For reference, the median list price across 6,742 active listings in TAMPA right now is $339,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$1,655/mo
$49,980 down
$199,920 loan
Principal & interest$1,297
Property tax (est.)$208
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS. Last updated 30 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.