Waterfront Tampa hotel marketed for 'potential redevelopment' sold

The Chase Suite Hotel, a waterfront hotel in Tampa, has been sold.

The sale of the 160-room property was announced by Berkadia Real Estate Advisors. The firm did not disclose a buyer or sale price and a spokesperson for the firm did not respond to questions about both.

Hillsborough County public records had not been updated as of Thursday evening.

The seller was San Diego-based Hardage Hospitality, which county property records show paid $5 million for it in 2011.

The property, 3075 N. Rocky Point Drive E. at the foot of the Courtney Campbell Causeway, was built in 1986 and is made up of 12 two-story buildings as well as a clubhouse. It has 120 studio suites and 40 two-bedroom suites ranging from 515 square feet to 760 square feet. Each has a kitchen.

That may not matter, however. According to Berkadia, the 4.58-acre property was marketed as a “potential redevelopment opportunity.”

As of Thursday, the hotel was open and taking reservations online will into February of next year. A studio queen suite on Valentine’s Day weekend could be reserved at $229 per night.

Berkadia’s Senior Managing Director Matt Mitchell, Director Chris Burtner and Associate Director Kyle Sahlsten represented Hardage.