Condos That Pay You Back

Coming Soon To Downtown Tampa: An Upscale Condo Hotel

Upscale Downtown Tampa Condo Hotel

A pre-construction condo hotel is now open for reservations in Downtown Tampa. Located near Water Street, Hotel Ora + Private Residences will encompass both luxury condo hotel suites and large, private residences. Condo hotel owners will be able to use their unit whenever they like or rent it out, either through the onsite rental company or independently, to generate revenue.

Hotel Ora + Private Residences will be a five-star quality, 39-story building in Tampa’s vibrant Channel District – the only condo hotel in Downtown Tampa approved for short-term rentals. Surrounded by high-end restaurants, shops and entertainment venues, owners will have great walkability to Tampa’s Water Street: a $3 billion urban redevelopment project featuring walkable streets and business hubs along a scenic waterfront.

For people interested in rental income, the developer is offering an enticing lease-back program:

  • Guaranteed 8% of the purchase price (after expenses, excluding property taxes) for two years.
  • Optional buy-back offer: After two years, owners may sell their unit back to the developer at current market value, minus a 6% Realtor fee.

Hotel Ora is designed to offer a resort-style, elite experience with five-star amenities and world-class services.

World-Class Amenities

  • 10,000-square-foot steakhouse
  • Ground-floor patisserie and lobby bar
  • A 10th-floor amenity deck
  • Infinity-edge pool
  • Hot-cold plunge pools
  • Hot tubs
  • Steam rooms
  • Sun loungers
  • Private cabanas
  • Infrared saunas
  • DJ booth
  • Oversized LED screen for live music
  • Poolside restobar
  • Helipad
  • Exclusive spa with specialized treatment rooms
  • State-of-the-art fitness center with spin studio
  • His & Her locker rooms
  • Business lounge area
  • 24-hour concierge
  • 24-hour security
  • Valet parking
  • Children’s daycare

Construction starts soon with expected completion in December 2029.

Choose from three types of condo hotel suites:

  • Studio units from $646,700
  • One bedroom/one bath units from $963,600
  • Two bedroom/two bath units from $983,400

 

Participation in the lease-back program requires the purchase of a furniture package, which ranges in price from $18,000 to $31,000, depending on unit size.

Also available are a limited number of penthouse private residences. Two-to-four-bedroom residences with the finest designer finishes and breathtaking city views. Prices range from $1,767,500 to $3,530,500.

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    Presented by: Robert Walsh, Lokation Real Estate


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