Tampa · Commercial sale
Hotel or motel at 9719 Princess Palm Ave in Tampa sells for $2.5 million
A hotel or motel at 9719 Princess Palm Ave, Tampa sold for $2,500,000 on September 30, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $2,500,000
- Recorded
- September 30, 2026
- Property type
- Hotel or motel
- Building area
- 71,745 sq ft
- Price per sq ft
- $35
- Year built
- 1998
A hotel or motel at 9719 Princess Palm Ave in Tampa sold for $2,500,000, a figure 74% below the $9,783,661 market value on record with the Property Appraiser. The price works out to $35 per square foot, and it was the third-highest-priced deed recorded in Hillsborough County that day.
Hillsborough County is the buyer and Mainsail Sabal Park Hotel Owner LLC is the seller, according to a special warranty deed recorded September 30, 2026 with the Hillsborough County Clerk of Court.
The Property Appraiser's records show 71,745 square feet of building area, a 1998 construction date and a 3.79-acre lot. An aerial photo of the property shows that the parcel is steps from a pond and that the site holds a large parking lot.
The most recent earlier sale on record is $732,000 in 1997. This price is 3.4 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 $17,500 for the documentary stamp tax on deed and $8,825 for the owner's title insurance policy. The seller's estimated net is $2,453,876 before brokerage commissions and any loan payoff. A cash buyer would need about $2,481,870 at closing.
Source: Hillsborough County Clerk of Court, Official Records, instrument 2026383044. 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.
