Adalia Bayfront Condo Real Estate

Welcome to Adalia Bayfront Condo, a hidden gem nestled in the heart of Tampa, Florida, within the vibrant Hillsborough County. This stunning waterfront community offers an unparalleled living experience, combining luxury, comfort, and breathtaking views of the beautiful Tampa Bay.

Adalia Bayfront Condo is designed for those who appreciate the finer things in life. Each unit boasts spacious layouts, modern finishes, and large windows that flood the interiors with natural light. Imagine waking up to the gentle sounds of the waves and enjoying your morning coffee on your private balcony, soaking in the mesmerizing sunsets that paint the sky in hues of orange and pink.

The amenities at Adalia Bayfront Condo are second to none. Residents can indulge in a refreshing dip in the sparkling pool, unwind in the hot tub, or take a leisurely stroll along the meticulously landscaped grounds. For those who love to stay active, the community offers a state-of-the-art fitness center and easy access to scenic walking and biking trails that line the waterfront.

Location is everything, and Adalia Bayfront Condo is perfectly situated near the best that Tampa has to offer. Just a short drive away, you'll find an array of shopping, dining, and entertainment options, as well as cultural attractions like the Tampa Museum of Art and the historic Ybor City. Plus, with easy access to major highways, commuting to nearby cities and attractions is a breeze.

Embrace the coastal lifestyle at Adalia Bayfront Condo, where luxury meets leisure, and every day feels like a vacation. Your dream home awaits!

$649,000

2 Beds ⋅ 2 Baths ⋅ Adalia Bayfront Condo SubDv. ⋅ 33606 Zip Code

Some investments ask you to be patient. This one pays you while you wait. On a quiet street at the northern tip of Davis Islands, The Adalia Bayfront rises ten floors above Hillsborough Bay with the kind of unhurried confidence that only waterfront buildings on private island communities tend to carry. Unit 704 is one of the most strategically positioned assets currently available in this market, not because of what it looks like, but because of what it does. It generates income. From the day you close, rent arrives. No renovation sprint, no lease-up anxiety, no first-month vacancy. A qualified tenant is already in residence, with annual rent escalations contractually embedded into the lease. The current lease runs through June 2027. What makes this unit harder to replace than most people realize: the Adalia Bayfront Association permits only 6 of its 65 units to be leased at any given time. This is one of them. With rental supply capped at the association level, demand stays concentrated, rents stay firm, and the competitive set for your income stream stays deliberately narrow. The building itself needs little introduction to anyone who knows South Tampa. Gated entry, on-site management, a saltwater pool that faces the bay, and a private marina with boat slips and lifts capable of handling vessels up to 13,000 pounds. This is the only building in the immediate vicinity with that kind of direct water access. Fitness center, sauna, community room, two reserved parking spaces per unit, dedicated storage. Tampa General Hospital is two blocks away. Downtown Tampa and Water Street are five minutes by car. The Davis Islands Yacht Club, the village shops, the dog beach are all within walking distance. Davis Islands has a way of holding its value that other Tampa neighborhoods aspire to. It is the kind of place where residents put down roots and stay, which, for an investor, is exactly the kind of community loyalty that underpins a long and stable tenancy. Comparable units in the building are actively listing above current contracted rent, which means the gap between what this tenant pays today and what the market will bear in June 2027 is already built into the asset. At the end of the lease, you hold a premium waterfront asset in one of Tampa Bay's most sought-after zip codes, free to release at current market rates, occupy personally, or sell on your own timeline and entirely your own terms. For a 1031 exchange buyer needing to place capital quickly, this is a turnkey acquisition with an income stream that begins immediately. For an international or out-of-state investor looking for a professionally managed, low touch hold in a market with genuine appreciation history, this is the kind of property that earns its keep.

2 Adalia Avenue Unit 704, Tampa

Adalia Bayfront Condo Real Estate

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