Listing Details for MLS # S5136387
8117 Bay Drive, Tampa, Fl 33635

Residential Property - Single Family Residence in Tampa

Listing Price: $925,000Days on Market: 8Cumulative Days on Market: 125

Description of Property

Discover this extraordinary, one-of-a-kind waterfront property that redefines coastal living! More than just a home, this private coastal compound offers flexibility, comfort, and stunning water views. Featuring five bedrooms, four full bathrooms, and over 2,700 square feet of thoughtfully designed living space, this elevated two-story stilt home showcases three fully renovated, self-contained living units—each with its own kitchen, private entrance, and distinct charm.On the first floor, two separate units , ideal for extended family or income-producing rentals. One unit includes two bedrooms and one bathroom with a modern kitchen and open living area, while the other features one bedroom and one bathroom with its own kitchen and private entrance. Both have been updated with stylish finishes, granite countertops, ceramic tile flooring, and contemporary details, creating comfortable, self-sufficient spaces that blend functionality and style.Upstairs, the main residence captures the essence of coastal living with two bedrooms, two bathrooms, and an open-concept design that flows seamlessly from the updated kitchen to the spacious living and dining areas. Large windows and a scenic balcony showcase breathtaking panoramic water views and fill the home with natural light. The primary suite includes a walk-in closet and a private en-suite bath, offering a serene retreat at the end of the day.Outdoors, the setting is a true tropical paradise. Enjoy a sparkling in-ground pool, relax by the outdoor fireplace, or spend the afternoon on your private dock with direct access to Upper Tampa Bay. Riprap-lined shores provide both peace of mind and a beautiful coastal aesthetic, while the backyard offers ample space for entertaining, lounging, or soaking in the tranquil waterfront atmosphere.This unique property provides exceptional versatility—perfect as a multi-generational home, a vacation rental investment, or a private retreat. All furnishings can be offered as an optional addition. The adjacent 0.85-acre lot is also available for purchase, offering even more potential to expand your private compound or develop an additional investment property. Don’t miss your opportunity to experience the best of Florida waterfront living—schedule your private showing today!The average asking price for a 5 bedroom/4 bath single family residence in this Zip code is $854,950. This single family residence is listed at about 108% of the average asking price. This is the only 5 bedroom/4 bath single family residence between $800,000 and $1,200,000 currently listed for sale in this Zip code.