2506 N Rocky Point DRIVE, #403, Tampa, FL, 33607 | $274,900

Under contract-accepting backup offers. Nestled within the renowned Sailport Waterfront Suites, Tampa's ONLY waterfront Condo/Hotel presents a solid investment opportunity for the savvy investor or discerning vacationer. This top-floor, fully furnished, one-bedroom, one-bathroom unit offers stunning water views and breathtaking sunset panoramas, blending sophisticated living with high-yield investment potential.
Located just moments from the vibrant heart of Tampa, this Tampa vacation rental promises a high occupancy rate. It appeals to business travelers and vacationers alike and offers steady bookings year-round. Rental rates range from $125 to $225+ per night, median 85%+% occupancy rate. The unit's prime location near Tampa International Airport, Ben T Davis Beach, and the pristine sands of Clearwater and St. Petersburg beaches adds to its irresistible appeal.
Investment Opportunity: A proven track record with high occupancy rates and substantial rental income. Perfect for listing on platforms like Airbnb, VRBO, and Booking. com, or choose a hands-off approach with on-site property management team or local property manager specializing in this resort.
Resort-Style Amenities: Enjoy a heated pool, on-site exercise island, restaurant/tiki hut, and 24/7 gated security—all designed to enhance guest experiences and add value for owners.
Prime Location: Approximately 15 minutes from Downtown Tampa, 10 minutes to Tampa International Airport, and 30-40 minutes to the stunning beaches of St. Petersburg and Clearwater.
Whether you want to expand your rental property portfolio or secure a dual-purpose waterfront condo, this short-term rental investment condotel is a prime opportunity. Historical numbers are available to emphasize its investment potential.
This is the most affordable unit on the market, and the seller is eager to negotiate, making it an unmissable opportunity. Contact us today to arrange a viewing and make this exceptional property yours.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Cable TV, Elevator(s), Fitness Center, Laundry, Pool
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Laundry Room
  • Complex: SAILPORT RESORT CONDOMINIUM ON THE BAY
  • Year Built: 1982
  • Approx Sq. Feet: 516
  • Est. Taxes: $3,760
  • Condo Fee: $760 Monthly
  • Pet Policy: No
  • Appliances: Built-In Oven, Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • MLS#: T3552659
  • Days on Market: 67 days
  • Website: https://www.raveis.com
    /prop/T3552659/2506nrockypointdrive_tampa_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). 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. (last updated 11/22/2024 8:47:07 PM)
Listing courtesy of RED SASH REALTY LLC   Phone: 931-237-6592

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NMLS Mortgage Loan Originator ID 16953

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2506 N Rocky Point DRIVE, #403, Tampa, FL, 33607

$274,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $219,920 $219,920 $219,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $313 $313 $313
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,463 $1,462 $1,886
Total Monthly Payment $1,851 $1,850 $2,274

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.