7015 WATERSIDE DRIVE, #1, Tampa, FL, 33617 | $125,000

One or more photo(s) has been virtually staged. Investor Opportunity – Tenant in Place with Immediate Income. Tenant-occupied 2-bedroom, 1. 5-bath condo generating $1, 450/month in rental income, offering a turnkey investment opportunity from day one. No need to secure a tenant—start collecting income immediately. This well-maintained unit features luxury vinyl flooring throughout the main living areas and bedrooms, a functional layout with a tile dining space, and a kitchen equipped with quartz countertops and a full appliance package including refrigerator, range, microwave, and dishwasher. Bathrooms have been updated, providing a clean, modern feel that supports long-term rental appeal and low maintenance. Positioned within a gated, riverfront community, the property offers added value for tenant retention with access to desirable amenities including a swimming pool, hot tub, fitness center, racquetball courts, and direct access to the Hillsborough River with a community dock, private boat ramp, and optional boat/trailer storage. A riverside gazebo adds to the community’s appeal. The association covers exterior maintenance along with water, sewer, and trash—helping reduce owner responsibilities and simplify management. Conveniently located near USF, Busch Gardens, major hospitals, shopping, dining, and commuter routes, this property sits in a high-demand rental area, making it an attractive addition to any investment portfolio.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 2
  • Amenities: Clubhouse, Gated, Playground, Pool, Racquetball, Recreation Facilities
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 1 full / 1 half
  • Laundry: Common Area
  • Complex: WATERSIDE CONDO I
  • Year Built: 1986
  • Common Charge: $311 Monthly
  • Approx Sq. Feet: 864
  • Est. Taxes: $1,320
  • Condo Fee: $309 Monthly
  • Lot Desc: Conservation Area, Near Public Transit, Sidewalk
  • View: Trees/Woods, Water
  • Elem. School: Robles-HB
  • Middle School: Sligh-HB
  • High School: King-HB
  • Pet Policy: Yes
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: TB8467052
  • Days on Market: 99 days
  • Website: https://www.raveis.com
    /prop/TB8467052/7015watersidedrive_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 6/4/2026 1:17:13 PM)

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7015 WATERSIDE DRIVE, #1, Tampa, FL, 33617

$125,000

Ginny Guimond

Luxury Properties Specialist

William Raveis Real Estate

Phone: 774.238.0027

Ginny.Guimond@raveis.com

Frank Merola

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.740.5922

Frank.Merola@raveis.com

NMLS Mortgage Loan Originator ID 1020051

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $100,000 $100,000 $100,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.628% 5.866%
Monthly Tax Payment $110 $110 $110
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $599 $631 $824
Total Monthly Payment $784 $816 $1,009

* 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.