Hunter Advisors has been exclusively engaged to solicit offers for the purchase of the DoubleTree by Hilton Tampa Rocky Point Waterfront (the “Hotel” or “Property”), a Hilton-branded, full-service hotel situated on 4.34 waterfront acres on Tampa’s Rocky Point peninsula, less than 10 minutes from Tampa International Airport and proximate to Tampa’s leading demand generators, including: JPMorgan Chase’s Fountain Square campus, International Plaza and Bay Street, Raymond James Stadium, and HCA Florida West Tampa Hospital.
The offering provides an established, cash-flowing waterfront hotel in one of the most supply-constrained and rapidly appreciating submarkets in the Southeast, complemented by two distinct value-creation opportunities. First, a proposed 2,466-square-foot waterfront event venue would expand meeting space by more than 50%, enabling the Hotel to capture larger wedding, social, and corporate group business it currently turns away as Rocky Point’s supply of waterfront event venues shrinks. Second, multifamily development optionality on the Hotel’s surface parking lot allows a new owner to unlock supplemental value at a time of its choosing while continuing to operate the Hotel as a full-service waterfront asset.
- Irreplaceable Waterfront Real Estate: The hotel sits on 4.34 acres on the Rocky Point peninsula. It is surrounded by 660,000+ SF waterfront office space and some of Tampa’s most expensive luxury residential addresses.
- Durable, Growing Demand Drivers: Tampa Int’l Airport’s $1.5B, Delta-anchored Airside D opens in 2029. The new Tampa Bay Rays $2.3B ballpark (2029) and the 2029 CFP National Championship add event demand. JPMorgan Chase’s Fountain Square campus is 5 minutes away.
- Shrinking Competitive Supply: 436 hotel keys have been permanently removed from Rocky Point since 2024, and no new hotels are under construction within five miles.
- Value-Add Opportunities: Preliminary plans call for a waterfront conference addition of about 2,100 SF, which would expand meeting space by about 53%. Separately, the surface parking lot could support a conceptual 151-unit luxury multifamily tower that a buyer could develop, joint venture, sell as air rights, or hold.
- Unencumbered Hilton Branded Hotel: Fee simple interest conveyed, unencumbered of management and debt.
