Want To See What $8 Million Gets You In Downtown Tampa?
I absolutely love Tampa Bay! And you know Tampa’s growing, thriving, and attracting big people when you hear names like William Koening in the city! For those who don’t know who that is, William Koening is an NBA Executive who is married to Melinda Witmer and who, in 2022, sealed a deal on a 5,107 sq foot condo in the Tampa Edition on Water St. The price tag? This is what $8 Million gets you in downtown Tampa.
The Tampa Edition is quite literally Tampa Bay’s most coveted, luxurious property. In general, condos at the Tampa Edition can range from several hundred thousand to several million for purchase. Rental rates can range from several thousand per month to tens of thousands per month. All of this of course depends on various factors.
While their purchase is already impressive for several reasons, the owners of the Tampa Bay Lightning Jeff and Penny Vinik, put up $8.34 million on a unit in the same building! Which makes sense since the Amalie Arena is right across the street. Their unit consistent of four bedrooms and 4.5 bathrooms.
Talk about keeping up with the joneses TAMPA STYLE!
The NBA executive’s condo was actually a crown jewel for Tampa’s real estate market. It was a revolving door for celebrated tenants like NFL athletes and musicians, according to Eric Dungy who is the co-listing agent with Compass Florida. Koening and Witmer never got the chance to move in. Looks like its back on the market for an even higher price: $10 Million. Their 2201 unit includes a chef’s kitchen, access to all hotel amenities, including the pool, gym, room service, concierge, and valet.
I love this for our local community though, because its really the everyday folks who work hard and contribute to Tampa’s economic growth. Whether it’s the mom-and-pop shops or the surrounding neighborhoods, Tampa’s local economy is diverse, resilient, creative, and opportunistic. Also, thanks to the developers who designed and built these condos and therefor creating the opportunity for high priced real estate and in turn further elevating Tampa’s Real estate market attracting more people like athletes, musician, execs…etc.
The possibilities in our city are endless and we’re just getting started!
Source : TampaBay.com