Sun Belt
Hotels for sale in Tampa, FL. Cap rates, comps, and brokers across Tampa Bay.
Tampa Bay is a top-10 Sun Belt hotel market with broad-based demand: corporate (the Westshore business district), leisure (Clearwater Beach), convention (Tampa Convention Center), and sports (Buccaneers, Lightning, Rays). The market has been one of the most actively traded in 2024-2026.
Active Matthews listings
0
Recent Matthews closes
1+
MSA
Tampa-St. Petersburg-Clearwater MSA
Cap rate range (Q1 2026)
Stabilized PIP-current select-service: 7.50%–8.25%. Beach-adjacent full-service: 6.75%–7.50%. Westshore corporate-cluster select-service: 7.75%–8.50%.
Source: CBRE H2 2025 U.S. Cap Rate Survey, HVS U.S. Market Pulse, Matthews Hotel Markets internal underwriting (Q1 2026).
ADR + RevPAR commentary
Tampa ADR: Clearwater Beach $250–$400 peak, downtown select-service $130–$170, beach-adjacent full-service $200–$280.
Source: STR (str.com) public press releases, AHLA State of the Industry, JLL Hotels Research (Q1 2026).
Tampa demand drivers
- Clearwater Beach + St. Pete leisure
- Westshore business district (corporate)
- Convention (Tampa Convention Center)
- Sports (Buccaneers, Lightning, Rays)
- Tampa International Airport
- Cruise (Port Tampa Bay)
Recent Tampa closes by Matthews
Tampa hotel investment FAQ
- What is the current cap rate range for hotels in Tampa, FL?
- Stabilized PIP-current select-service: 7.50%–8.25%. Beach-adjacent full-service: 6.75%–7.50%. Westshore corporate-cluster select-service: 7.75%–8.50%. (Q1 2026). Ranges reflect stabilized, PIP-current assets across select-service, full-service, and where applicable resort/lifestyle. Cycle-trough resets, distressed assignments, and PIP-overhang trades clear at materially wider levels. Source: CBRE H2 2025 U.S. Cap Rate Survey, HVS U.S. Market Pulse, Matthews Hotel Markets internal underwriting.
- What are ADR and RevPAR doing in Tampa right now?
- Tampa ADR: Clearwater Beach $250–$400 peak, downtown select-service $130–$170, beach-adjacent full-service $200–$280. STR press releases (str.com) and the AHLA State of the Industry are the public benchmarks we cite for ADR/occ/RevPAR. We supplement with internal underwriting on every active mandate.
- Who are the named demand drivers behind Tampa hotel performance?
- Clearwater Beach + St. Pete leisure; Westshore business district (corporate); Convention (Tampa Convention Center); Sports (Buccaneers, Lightning, Rays); Tampa International Airport. Underwriting in this market keys on the diversification of those drivers — concentration in any single demand source is the most common reason a buyer haircuts our pro-forma RevPAR.
- Who at Matthews Hotel Markets covers Tampa?
- Our Tampa mandates are led by Luke Thompson. Direct contact info is on each broker's profile. For confidential disposition or acquisition conversations, the team responds within 24 hours.
- How long does a typical Tampa hotel disposition take?
- Matthews's published 24-week playbook applies in Tampa — engagement letter and BOV in weeks 1–4, OM and marketing launch in weeks 5–8, call-for-offers and finalist round in weeks 9–14, definitive agreement and closing in weeks 15–24. Construction-loan workouts and recap structures sometimes compress; PIP-cycle disputes can extend.