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.
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| List Price | $249,900 |
| Property Type | Hotel & Restaurants |
| Usable Sqft | 516 |
| Number of Stories | 4 stories |
| Parking Spots | 0 spots |
| Year Built | 1982 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $793 |
| Association Name: | Al Alsaleh |
| Association Amenities: | Unknown |
| APN # | A1429173BZ00000100331.0 |
| MLS # | TB8535693 |
| Property ID | 320255294 |
| Lot Sqft | 2 |
| Zoning | CG |
| Days on Market | 13 |
| Original List Price | $249,900 |
| Applicances | Disposal, Electric Water Heater, Wine Refrigerator% |
| Date Updated | August 11, 2026 |
| Date Created | August 03, 2026 |
Financials not available online. Please inquire with your agent for more details.
Sunny Alexander an agent of RED SASH REALTY LLC.
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of August 11, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT