9805 COMPASS POINT WAY
5, 4, 4,691ft²
MLS#: TB8465679
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5909 MOHR RD, TAMPA, 33615
- $1,835,000
- Price changed 02/09/2026 from $1,935,000, -5.17%
- 8 Beds, 8 Baths , 3,224 Sq.Ft
- County: Hillsborough
- Subdivision: UNPLATTED
Property highlights
- MLS#: TB8412300
- 50,530.00 lot size Sq.Ft.
- Year built: 1954
- Waterfront: (258 ft)
- Listed: 07/30/2025
- Taxes: $4,562.00
- Virtual Tour
Property Overview
A rare Tampa waterfront investment with 258 ft of private shoreline and proven returns that outperform the stock market. This income-producing short-term rental averages 9.6% annual gross ROI, with total effective returns often reaching 18–30% when factoring appreciation, tax benefits, and leverage—far beyond typical equities. Zoned RSC-6, the property allows multiple dwellings on large lots, accessory structures, and additional units, giving investors the freedom to expand—think tiny homes, cabins, glamping sites, studio suites, or a waterfront event lawn (verify specifics with county). The 1.16-acre estate already operates as a high-performing STR with two mid-century homes, bonus spaces, and room to sleep 30. Guests love the curated amenities: swim spa, hot tub, mini golf, kayaks, paddle boat, fire pit, outdoor shower, yard games, creekside bar, and private boat launch. With strong weekend bookings and untapped weekday potential, this turnkey, fully furnished property offers immediate cashflow and significant upside. Waterfront, revenue, land, zoning flexibility—opportunities like this almost never hit the market. Investor packet available.
Driving directions : Take Hillsborough Ave to North on Sheldon Road, Left on Memorial Hwy, Right on Mohr Road, travel to the property address on you right.
Property Features
| Rooms | Dimension | Description |
|---|---|---|
| Kitchen | First level | |
| Living Room | First level | |
| Primary Bedroom | First level |
Interior Features
- Ceiling Fans(s)
- Eat-in Kitchen
- Open Floorplan
- Split Bedroom
- Thermostat
Appliances
- Bar Fridge
- Convection Oven
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Microwave
- Other
- Refrigerator
- Washer
Heating
- Central
- Electric
Laundry features
- Common Area
Air Conditioning
- Central Air
- Mini-Split Unit(s)
Floor Covering
- Brick
- Other
- Tile
- Vinyl
Utilities
- Cable Available
- Electricity Available
- Electricity Connected
- Public
- Sewer Connected
- Water Available
- Water Connected
Exterior features
- Balcony
- Courtyard
- Lighting
- Other
- Outdoor Grill
- Outdoor Shower
- Sauna
- Sliding Doors
- Storage
Parking features
- Boat
- Guest
- Other
- Oversized
- RV Access/Parking
View
- Trees/Woods
- Water
Patio and porch features
- Deck
- Patio
Security Features
- Closed Circuit Camera(s)
- Fire Alarm
- Security Gate
- Security Lights
- Smoke Detector(s)
Construction Materials
- Asbestos
- Block
- Stucco
- Frame
Other Structures
- Additional Single Family Home
- Gazebo
- Guest House
- Other
- Outhouse
- Shed(s)
Water access details
- Canal - Brackish
- Canal - Saltwater
- Boat Ramp - Private
Road Surface Type
- Paved
Roof
- Metal
- Shingle
Foundation
- Block
Vegetation
- Mature Landscaping
- Trees/Landscaped
Listing information courtesy of PREMIER SOTHEBYS INTL REALTY
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Listing data comes from My Florida Regional MLS.
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