BB. Abbott Acquires 2,050 SF Condo At 1000 Water Street Unit 1401 In Tampa For $3.55M
1000 Water Street
$3,550,000
Building Size
—
Asset Type
Condo
Closing
Feb 3, 2023
AI
Located at 1000 Water Street Unit 1401 in Tampa, this condo was recently sold in a closed transaction. The property is part of Tampa’s first 5-star residence and hotel, with only 38 residential units available. The transaction was exclusively listed by Smith & Associates Real Estate, with Bianca Lopez serving as the broker for the deal.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,550,000
- Address: 1000 Water Street Unit 1401, Tampa
- Market: Tampa
- Buyer: BB. Abbott
- Seller: Brandon Biles
- Broker: Bianca Lopez - Smith & Associates Real Estate
The transaction involved a sale price of $3,550,000 and a property size of 2,050 square feet. The price per square foot for this condo was $1,732. For more information about available units for sale or rent, interested parties can contact Bianca Lopez at 813-401-8415.
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.47%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93