2915 W BAY COURT AVENUE Tampa, FL $ 2,815,000
2915 W BAY COURT AVENUE
$ 2,815,000
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2915 W BAY COURT AVENUE

Tampa, FL, 33611
$ 2,815,000
Bedrooms4 Baths5.0 Sq 2,835

Monthly Estimate*

$ 17,774

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Multi-Family Home for sale in Tampa, FL

for $2,815,000 with 4 bedrooms and 5 full baths. This 2,835 square foot home was built in 1998 on a lot size of 0.12.

Turnkey Luxury South Tampa Investment Opportunity. Fully Leased Single-Family Residence • 7.0% Cap Rate • Tenant in Place • Steps from Bayshore Boulevard. An exceptional opportunity to acquire a turnkey, income-producing luxury single-family residence in one of South Tampa's most coveted locations, just steps from iconic Bayshore Boulevard. Perfectly positioned in the heart of Bayshore Beautiful, this fully leased investment combines immediate cash flow with one of Tampa's strongest luxury rental markets. The property is secured by a one-year lease from July 27, 2026 through July 26, 2027, with the current tenants holding the option to extend for an additional year, generating $19,500 per month ($234,000 annually) and delivering an impressive 7.0% capitalization rate with an estimated Net Operating Income (NOI) of $197,006. The tenant pays all utilities, while the owner is responsible only for lawn and pool maintenance in addition to standard ownership expenses, creating a highly desirable, low-management investment. Beautifully remodeled from top to bottom, this 2,835-square-foot detached single-family home offers four bedrooms, four-and-a-half bathrooms, and luxury finishes throughout. The thoughtfully designed floor plan features an upstairs primary suite, spacious living and entertaining areas, and exceptional craftsmanship that continues to attract discerning executive tenants. The resort-inspired outdoor living space is equally impressive, showcasing a screened lanai, heated saltwater spa, gas fire pit, and private entertaining area, creating the perfect extension of the home's luxurious interior. Additional premium amenities include a whole-house generator, air-conditioned garage, and the property is offered fully furnished, making this a truly turnkey acquisition. Just moments from Bayshore Boulevard's scenic waterfront, Hyde Park Village, Downtown Tampa, Water Street, Tampa General Hospital, and South Tampa's finest dining, shopping, and entertainment, this rare offering presents the opportunity to acquire a stabilized luxury single-family rental asset in one of Tampa Bay's most prestigious and supply-constrained neighborhoods, where premier locations and consistent executive rental demand continue to drive long-term value and investment performance.

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Multi-Family Active

Price

$ 2,815,000

Bedrooms

4

Full Bath

5

Property Type

Multi-Family

Taxes

$ 12,501

Style

Duplex

Lot Size

0.12

Year Built

1998

Town/City

Tampa

County/Region

Hillsborough

MLS | Web ID

TB8536971

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Connected Public
Possession Close Of Escrow
Roof Tile
Appliances Dishwasher Disposal Dryer Microwave Range Range Hood Refrigerator Washer Wine Refrigerator
Zoning RS-60
Garage Spaces 2
Patio/Porch Features Porch Rear Porch Screened
Construction Materials Block Stucco
Pets Allowed Yes
Year Built 1998
Tenant Pays Electricity Gas Sewer Water
Levels Two
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Gross Income 234000
Community Features None
County Hillsborough
New Construction false
Property Type Residential Income
Attached Garage true
Subdivision Name BAY CITY REVISED MAP
Garage Y/N true
Status Active
Directions Bayshore south of Euclid to West on Bay Court. Home is between MacDill and Bayshore
City TAMPA
Senior Community Y/N false
MLS Area 33611 - Tampa
Lot Size Units Square Feet
Lot Size Square Feet 5248
Carport Y/N false
Listing Terms Cash Conventional
Spa Features Heated In Ground
Land Lease Y/N false
Tax Annual Amount 12501
Property Condition Completed
Ok to Lease 12 Months
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 000180
Total Actual Rent 19500
Legal Description BAY CITY REVISED MAP LOT 18 BLOCK E AND S 1/2 OF CLOSED ALLEY ABUTTING ON N
Minimum Lease No Minimum
Water Access Y/N false
Additional Rooms Den/Library/Office
Water View Y/N false
Flood Zone Code x500
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Interior
Interior Amenities Crown Molding Eating Space In Kitchen Kitchen/Family Room Combo Living Room/Dining Room Combo Open Floorplan PrimaryBedroom Upstairs Solid Surface Counters Solid Wood Cabinets Stone Counters Tray Ceiling(s) Wet Bar
Flooring Carpet Ceramic Tile Hardwood
Furnished Y/N Furnished
Fireplace Features Gas Living Room
Air Conditioning Y/N true
Heating Y/N true
Window Features Shades
Fireplace Y/N true
Laundry Features Inside
Total Bedrooms 4
Total Baths 5
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Exterior
Exterior Amenities Fire Pit French Doors Irrigation System
Parking Features Driveway Garage Door Opener On Street
Lot Features City Lot Near Public Transit
Water Source Public
Lot Size Area 5248
Foundation Details Slab
Number of Buildings 1
Spa true
Building Area Total 3032
Lot Dimensions 50 x 105
Lot Size Acres 0.12
Road Surface Type Paved Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 2
Road Frontage Type Street Paved
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* Excluded Features
List By
thelistingre@mkarealty.com

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Affordability Calculator

$18,816
Per Month
94%
6%
0%
Monthly Principal & Interest
$17,774
Monthly Property Taxes
$1,042
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/11/2026$2,815,000 Listed Price

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2915 W BAY COURT AVENUE, Tampa, FL, 33611 is a Multi-Family Home for sale at $2,815,000 with 2,835 sqft and a lot size of 0.12. 2915 W BAY COURT AVENUE has 4 bedrooms, 5.0 baths, and was built in 1998. The property's zip code is 33611 which is in Tampa, FL