Adalia Bayfront Condo Real Estate

Welcome to Adalia Bayfront Condo, an exquisite waterfront community nestled in the heart of Tampa, Florida. This stunning subdivision offers a unique blend of luxury living and serene coastal charm, making it the perfect haven for those seeking a vibrant lifestyle by the bay.

Adalia Bayfront Condo is strategically located in Hillsborough County, providing residents with breathtaking views of the sparkling waters of Tampa Bay. The community is designed to cater to a variety of lifestyles, whether you are a young professional, a growing family, or looking to enjoy your golden years in paradise. With its modern architectural design and lush landscaping, Adalia Bayfront Condo offers a sense of elegance and tranquility that is hard to find elsewhere.

Residents have access to a host of upscale amenities, including a refreshing swimming pool, a state-of-the-art fitness center, and beautifully landscaped common areas perfect for relaxation or social gatherings. The proximity to downtown Tampa means that you are just moments away from world-class dining, shopping, and entertainment options. Whether you prefer a leisurely stroll along the waterfront or indulging in the vibrant nightlife, everything you need is right at your fingertips.

Moreover, Adalia Bayfront Condo is conveniently located near top-rated schools, parks, and recreational facilities, making it an ideal choice for families. Embrace the Florida lifestyle with easy access to beautiful beaches, outdoor activities, and a welcoming community atmosphere.

Discover your dream home at Adalia Bayfront Condo, where luxury meets coastal living in the beautiful city of Tampa!

$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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