(954) 450-1929 
Hotel Ora + Private Residences in Tampa
$675 Million Condo Hotel with 8% Lease-Back Program
Hello. Joel Greene here from Condo Hotel Center.
Although Miami and Orlando often dominate the headlines as Florida’s top destinations, Tampa is quickly emerging as a prime choice for new residents and investors. With a thriving economy and an exceptional quality of life, it’s no surprise that the city is attracting attention.
Over the past decade, Tampa’s real estate market has seen remarkable appreciation, drawing both investors and residents. Developments like Water Street Tampa – situated near the Tampa Convention Center – have played a key role in this rapid growth.
Today’s featured property is a to-be-built condo hotel located near Water Street, packed with amenities and incentives for vacation home buyers and real estate investors alike. Read on for details.
New Tampa Tower
Hotel Ora + Private Residences will be a five-star quality, 39-story condo hotel set to rise in Tampa’s vibrant Channel District. A $675 million development, it will be the only condo hotel located in downtown Tampa approved for short-term rentals.
Hotel Ora will encompass 627 luxury condo hotel suites and 31 large, private residences. Condo hotel owners will have the flexibility to use their unit whenever they like and rent it out – either through the onsite rental company or independently – to generate revenue.
Attractive Lease-Back Program & Exit Strategy
For buyers 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.
The combination of guaranteed income and a built-in exit strategy significantly reduces risk for buyers.
Five-Star Amenities & Lifestyle Perks
Hotel Ora is designed to offer an elite, resort-style experience with five-star amenities and services:
- 10,000 sq. ft. STK® Steakhouse
- Ground-floor patisserie and lobby bar
- A 10th floor amenity deck with:
- Infinity edge pool
- Hot tubs
- Sun loungers
- Private cabanas
- 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 with:
- Infrared saunas
- Steam rooms
- Hot-cold plunge pools
- Convention space with:
- Trade show/event areas
- Ballroom
- Business lounge area
- 24-hour concierge
- 24-hour security
- Valet parking
- Children’s daycare
Tampa’s Appeal
Imagine year-round sunshine, stunning beaches, and endless outdoor adventures. Whether you prefer lounging by the water or exploring parks and nature trails, Tampa offers an unbeatable lifestyle.
Beyond its natural beauty, Tampa boasts a vibrant cultural scene, rich Cuban heritage, and diverse dining options. Whether you’re into sports, arts, or entertainment, there’s always something happening there.
Located in the pedestrian-friendly Channel District, Hotel Ora will be surrounded by high-end restaurants, shops and entertainment venues. It also sits on the edge of Water Street Tampa, a $3 billion urban redevelopment project featuring walkable streets, modern residences, and business hubs along a scenic waterfront.
Pricing & Availability
Construction on Hotel Ora is set to begin in January 2026 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 purchasing 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. These expansive homes on the top-most levels will offer two- to four-bedrooms, the finest designer finishes, and breathtaking cityscape views. Prices range from $1,767,500 to $3,530,500, (furnishings not included).
Want more information, including the details on a fly-and-buy program currently available to Condo Hotel Center clients? Request my detailed data sheet below:
Request the Hotel Ora data sheet here.
Tampa’s Sweetest Residents
Need one more reason to love Tampa? Manatees!
During winter and spring, these gentle sea creatures migrate to Tampa Bay. Like most Florida visitors, the manatees come for the warm temperatures. You can spot them (along with the occasional dolphin) in the Hillsborough River in the middle of downtown Tampa.
For an up-close encounter, visit the Tampa Electric Manatee Viewing Center where manatees often gather. Big Bend Power Station circulates water from Tampa Bay for cooling and then sends the water flowing clean and warm back to the bay. In the winter months, the manatees return to this warm and welcoming refuge every year.
If you think manatees have the right idea, coming to Florida for their winters, Hotel Ora + Private Residences could be perfect for you. Again, request my Ora data sheet here. Then, if you have further questions or would like to discuss how manatees look like floaty potatoes, I hope you’ll give me a call.
Have a great day!
Joel Greene
Licensed Real Estate Broker
Condo Hotel Center
1368 NW 165th Ave.
Pembroke Pines, FL 33028
(954) 450-1929
Joel@CondoHotelCenter.com
www.CondoHotelCenter.com
Want to know more about me? Click below:
//www.condohotelcenter.com/joel-greene.html
