Tampa · Commercial sale
Edgewater Hyde Park buys 600 S Magnolia Ave in Tampa for $5.4 million
A multi-story office building at 600 S Magnolia Ave, Tampa sold for $5,400,000 on September 23, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $5,400,000
- Recorded
- September 23, 2026
- Property type
- Multi-story office building
- Building area
- 22,434 sq ft
- Price per sq ft
- $241
- Year built
- 1924
A multi-story office building at 600 S Magnolia Ave in Tampa sold for $5,400,000, according to a special warranty deed recorded September 23, 2026 with the Hillsborough County Clerk of Court. It was the second-highest-priced deed recorded in Hillsborough County that day. The deed conveys 2 parcels, and 600 S Magnolia Ave is the largest one identified.
The price is 13.5 times the most recent earlier sale on record, $400,000 in 1994. It also runs 22% above the $4,436,898 market value on record with the Property Appraiser.
The deed lists Magnolia/Deleon Associates, LTD. as the seller and Edgewater Hyde Park LLC as the buyer.
The Property Appraiser's records show 22,434 square feet of building area, a 1924 construction date and a 18,731-square-foot lot. At that size, the price works out to $241 per square foot. An aerial photo of the property shows a large parking lot on the site, which sits at a street corner.
What this sale costs to close
What does closing cost at this price? Under Hillsborough County custom the seller's larger charges are $37,800 for the documentary stamp tax on deed and $15,975 for the owner's title insurance policy. The seller's estimated net is $5,305,772 before brokerage commissions and any loan payoff. A cash buyer would need about $5,361,215 at closing.
Source: Hillsborough County Clerk of Court, Official Records, instrument 2026372173. 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.
