Tampa · Commercial sale
Realty Income Properties 6 buys 3221 Cherry Palm Dr in Tampa for $8.11 million
A warehouse at 3221 Cherry Palm Dr, Tampa sold for $8,111,040 on October 5, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $8,111,040
- Recorded
- October 5, 2026
- Property type
- Warehouse
- Building area
- 38,990 sq ft
- Price per sq ft
- $208
- Year built
- 1988
At $8,111,040, the warehouse at 3221 Cherry Palm Dr was the highest-priced deed recorded in Hillsborough County that day, according to a special warranty deed recorded October 5, 2026 with the Hillsborough County Clerk of Court.
The deed lists 3221 Cherry Palm DR Owner, LLC as the seller and Realty Income Properties 6, LLC as the buyer. It conveys 2 parcels; 3221 Cherry Palm Dr is the largest one identified.
The Property Appraiser's records show 38,990 square feet of building area, a 1988 construction date and a 5.14-acre lot, putting the price at $208 per square foot. The market value on record is $5,167,716, and the sale price is 57% above that. The most recent earlier sale on record is $3,650,000 in 2008; this price is 2.2 times that.
What this sale costs to close
What does closing cost at this price? Under Hillsborough County custom the seller's larger charges are $56,777.70 for the documentary stamp tax on deed and $22,074.98 for the owner's title insurance policy. The seller's estimated net is $7,969,310 before brokerage commissions and any loan payoff. A cash buyer would need about $8,049,831 at closing.
Source: Hillsborough County Clerk of Court, Official Records, instrument 2026389663. Property details: Hillsborough County Property Appraiser records, published by Hillsborough County. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
