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1000 Water Street

BB. Abbott Acquires 2,050 SF Condo At 1000 Water Street Unit 1401 In Tampa For $3.55M
SOLDCondo

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.

Players

Bianca Lopez

Smith & Associates Real Estate

Broker

$26M

vol

5 deals

Broker

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