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Property profile & analytics
OFF-MARKET
Estimated value
$39,435,000
Hotels
211 Tampa St Tampa, FL 33602-5805
Entity Owned
7-yr Hold
Free & Clear
Property ID
US18-3839030
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1982
Construction
STEEL FRAME
Total area
358,676 SF
Lot
1.38 ac (60,161 SF)
Zoning code
CBD-2
APN
A2429184ZI000080000030
UPID
US18-3839030
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hotel Hotel & Motel
-
Hilton Tampa Downtown Hotel & Motel
-
Starbucks Cafe & Coffee Shop
-
Travel Traders Travel Agency
-
Fuel Group Llc Fuel Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$28.31M
Comparable Approach
Comparable
$43.49M
Blend (final)
Blend
$39.44M
Owner & transaction history
Ht Downtown Landco Viii LLC · 7 yrs held
Ht Downtown Landco Viii LLC
since 2019
7 recorded transactions
Zoning & alternative use
CBD-2 · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tampa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tampa submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$30,665,000
6.5%
$28,310,000
7%
$26,285,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$65,710,000
Current use
Blend value · Realmo final
$39.44M
Range $35.49M – $43.38M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$110 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,687,533
Tax year 2023
Assessed value
$89,267,100
Assessed 2023
Previous assessed
$71,856,300
+24.2% YoY
Effective rate
1.89%
On assessed value
Assessed land
$7,389,840
Assessed improvement
$81,877,260
Land market value
$7,389,840
Improvement market value
$81,877,260
Total market value
$89,267,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1982
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
17
Units
521
Rooms
521
Bathrooms
333
Total area
358,676 SF
Lot
1.38 ac (60,161 SF)
Zoning code
CBD-2
APN
A2429184ZI000080000030
UPID
US18-3839030
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CBD-2 · Tampa, FL
Zoning CBD-2 · permitted uses
CBD-2 · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tampa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$65.7M
HOTEL/MOTEL Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
17
Units
521
Rooms
521
Bathrooms
333
Lot
1.38 ac
Current owner
From public records · entity-resolved
Ht Downtown Landco Viii LLC
Entity
Free & Clear · 7 yrs held
Mailing address
900 N MICHIGAN AVE STE #1900, CHICAGO, IL 60611-6536
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2025
—
Ht Downtown Owner Viii LLC
—
Deed
related
$109,000,000 · 211 N Tampa St 1 LLC
Mar 5, 2024
—
Ht Downtown Owner Viii LLC
—
Deed
related
—
May 8, 2019
—
Ht Downtown Owner Viii LLC
—
Loan Modification
related
$87,100,000 · Bank Of America
May 2, 2019
$4,600,000
Ht Downtown Landco Viii LLC
Cip 2014 Tampa Landlord LLC
Grant Deed
—
May 2, 2019
$112,250,000
Ht Downtown Owner Viii LLC
Cip 2014 Tampa Landlord LLC
Grant Deed
—
Jul 6, 2016
—
Cip 2014 Tampa Landlord LLC
—
Deed
related
$68,500,000 · Wells Fargo Bk
Jun 30, 2016
$101,000,000
Cip 2014 Tampa Landlord LLC
211 North Tampa LLC
Grant Deed
$66,000,000 · Bank Of America
—
—
211 North Tampa LLC
—
Loan Modification
related
$66,000,000 · Bank Of America
—
—
211 North Tampa LLC
—
Loan Modification, Consolidation And Extension
related
$60,300,000 · Nsreit Wf Loan LLC
—
—
Cip 2014 Tampa Landlord LLC
—
Loan Modification
related
$68,500,000 · Wells Fargo Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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