Why We Started Azul Bay Property Management

Why We Started Azul Bay Property Management (and Why It’s What Pinellas Investors Have Been Waiting For)

If you've ever struggled with unreliable property managers, inconsistent communication, or underperforming rentals in Pinellas County, you're not alone. After referring dozens of clients to other management companies over the years, I kept hearing the same feedback:

“The service didn’t match the property.”
“Tenants weren’t happy—and neither was I.”
“This isn’t what I expected.”

That’s when I knew it was time for something different.

A Local Solution for Local Owners

I’m Troy Walseth, owner of the Lockhart Walseth Team here in St. Pete. With 30+ years of real estate experience, I’ve seen firsthand how poorly-managed rentals can erode value—and how the right management team can unlock serious returns.

That’s why I launched Azul Bay Property Management—a boutique firm built from the ground up to serve smart investors and longtime property owners like you.

Whether you own a triplex in Gulfport, a vacation rental near Madeira Beach, or a long-term property in 33711 or 33714, we manage with one goal: to protect and grow your investment, while making it 100% hands-off for you.

What Makes Azul Bay Different?

You Own. We Operate. Seamlessly.
From tenant placement to maintenance and reporting, we handle it all—with transparency, timeliness, and zero guesswork.

Built for Both Short-Term & Long-Term Rentals
We understand the zoning nuances, STR regulations, and licensing requirements across St. Pete Beach, Treasure Island, Gulfport, and Clearwater. 

White-Glove Service. Local Accountability.
No call centers, no delayed responses. You’ll deal directly with our local team—seasoned agents and property managers who know how to maximize value in 33770, 33760, and beyond.

We’re Investors Too
We manage our own portfolios here, so we know what matters—timing, tax planning, tenant quality, and equity protection.

Why Sellers & Landlords Choose Us

Many of our clients are nearing retirement, holding inherited properties, or managing a small real estate portfolio while juggling a full-time job. They’re not looking to be landlords—they’re looking for long-term passive cash flow or to prepare a clean exit at the right time.

We help with both.

Thinking of selling your rental in Seminole or Clearwater?
We'll advise whether to list now or rent short-term to ride market gains.

Not sure how to sell a tenant-occupied property without disruption?
We'll coordinate discreet showings and negotiate from a position of strength—backed by our deep local market knowledge.

Pinellas Is Changing. Are You Ready?

Zoning shifts, insurance changes, and evolving buyer demand make it more important than ever to have a team that understands the hyper-local dynamics in places like:

• Gulfport Art District (ideal for creative STRs)
• Shore Acres & Snell Isle (high equity, luxury upgrades)
• Seminole schools zone (hot demand from growing families)
• Downtown Clearwater (transitioning investor opportunities)

If your current property manager is treating your investment like a number—or if you're managing it yourself and tired of the stress—it’s time for an upgrade.

Let’s Talk About Your Goals

Whether your goal is to maximize equity, increase rental income, or sell at the top, you deserve a team that treats your investment like it matters—because it does.

Schedule a free consultation today
No pressure, just answers.

Let’s take your property to the next level!