Scott Ryan Purchases Penthouse At AQUA In Tampa For $5.5M With John Morgan IV As Buyer's Rep
5713 Bowen Daniel Drive
$5,500,000
$1,101/SF
Building Size
4,993 SF
Asset Type
Condo
Closing
Aug 18, 2026
About this deal
AI
The transaction involves a condo located at 5713 Bowen Daniel Drive Unit PH-1702 in the Tampa market. The property was sold for $5,500,000 and features a spacious area of 4,993 square feet, resulting in a price per square foot of $1,101. The asset is part of the Tampa Westshore Yacht Club and is recognized as one of only two penthouses in the AQUA luxury waterfront development, which comprises a total of 72 residences.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,500,000
- Address: 5713 Bowen Daniel Drive Unit PH-1702
- Market: Tampa
- Square Footage: 4,993
- Price per Square Foot: $1,101
- Buyer: Scott Ryan
- Seller: Eddie Avila
- Buyer's Representative: John Morgan IV - Gasparilla Gulf Estates - Keller Williams Realty
- Seller's Representative: Bridget Cortes - Smith & Associates Real Estate
The deal was characterized by the engagement of John Morgan IV representing the buyer, Scott Ryan, and Bridget Cortes representing the seller, Eddie Avila. This transaction marked a significant sale as it set a record for the highest-priced unit sold at AQUA to date, achieving a sale price of just over $1,100 per square foot.
On the Map
$5,500,000
$1,101/SF
Condo
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Tampa Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $5.5M for 4,993 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93