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$45,500,000

111 S ASHLEY DRIVE UNIT PH SOUTH, TAMPA, FL 33602

Active1 days on market

Beds

6

Baths

9

Sq Ft

10,072 sq ft

Year Built

2027

Lot Size

Garage

2

About This Property

Under Construction. High above Tampa’s Riverwalk, Penthouse South represents the most distinctive expression of living at Pendry Residences Tampa. This 10,072 sqft, dual-level penthouse unfolds across expansive living, dining, and gathering spaces where evenings move gracefully from intimate conversation to lively celebration. Throughout the interior, white oak and marble portals frame moments of transition, while a sculptural Venetian plaster staircase with marble steps and integrated lighting rises between levels as both architectural centerpiece and work of art. A grand entry gallery creates an immediate sense of arrival — white oak walls, marble flooring inlaid with bronze accents, and soft cove lighting establish a refined architectural first impression. Anchored by Calacatta marble islands and custom white oak cabinetry, the chef-caliber kitchen blends culinary performance with sculptural design. Designed to host 16 guests in exceptional comfort, the dining salon is framed in marble and oak paneling, with ambient lighting that transforms every evening into a memorable occasion. Step onto the 1,818 sqft terrace to embrace one of the most vibrant urban waterfront environments in the nation. The primary bedroom features leather-paneled walls, and the primary bath features full-height marble walls & marble vanities. The 2nd-level, 2,592 sqft terrace boasts a custom hot tub, stone bar, summer kitchen, textured stone walls, a vertical garden with integrated planters, and a trellis-covered raised lounge space to optimize Bay, River, and City Views. From the grand proportions to the precision of every detail, Penthouse South expresses a rare level of design and craftsmanship within Tampa’s skyline. Pendry Residences Tampa hails the arrival of Florida’s first Pendry hotel, a new luxury offering by Montage Hotels & Resorts, that combines a culture of world-class hospitality with fully serviced residences to create a distinctive expression of luxury. Pendry Residences Tampa are located above the hotel, starting on level 15 through 37. The hotel amenities feature a 10,000 sqft full-service spa and state-of-the-art fitness center, vibrant dining options from Clique Hospitality, and indoor and outdoor lounge areas. Residences not only get to experience the hotel daily, but they have their own dedicated amenity level on the 38th floor rooftop highlighted by a resort-style pool and lounge. Convenient to the area’s finest attractions, including world- famous Gulf beaches, the airport, and top-rated centers of healthcare, education, and entertainment. Luxury is in the details, Luxury Lifestyle Living on the Riverwalk.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #TB8508431
StatusActive
Year Built2027
Stories38
Total Rooms9
ConstructionConcrete
RoofOther
FoundationSlab
FacesWest
SubdivisionPENDRY RESIDENCES TAMPA
CountyHillsborough
OwnershipCondominium
New ConstructionYes

Interior Features

InteriorBuilt-in Features, Coffered Ceiling(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Walk-In Closet(s)
FlooringMarble, Hardwood
AppliancesBuilt-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
LaundryInside, Laundry Room
CoolingCentral Air
HeatingCentral, Electric
SecurityFire Alarm, Fire Sprinkler System, Key Card Entry

Exterior & Lot

ExteriorBalcony, Outdoor Kitchen, Sliding Doors
Lot FeaturesCity Lot, Sidewalk
Road SurfacePaved
ViewCity, Water

Pool & Spa

Private PoolNo
SpaHeated

Waterfront

WaterfrontYes
FeaturesRiver Front

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesPublic

Parking

GarageYes (2 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$45,500,000
ZoningPD
Parcel #111 S. ASHLEY DR PH SOUTH, TAMPA, FL 33602

Directions

From W Kennedy Blvd, head S on Ashley, site will be on the Right at corner of Whiting St. Sales Gallery located on Left in 1st floor of Wells Fargo building.

Location

111 S ASHLEY DRIVE UNIT PH SOUTH, TAMPA, FL 33602

Listing Information

OfficeSMITH & ASSOCIATES REAL ESTATE
ListedMay 19, 2026

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Home Price

$45,500,000

20% ($9,100,000)
6.75%

Loan Term

Principal & Interest$236,090
Property Tax (est.)$41,708
Insurance (est.)$150
Total Monthly$277,948
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Financing a Luxury Home

Specialized financing for this $45,500,000 property in TAMPA. Luxury purchases typically require jumbo or portfolio lending.

💎

Jumbo Loan

$4,550,000 Down

For homes exceeding conforming loan limits. Typically requires 10-20% down, strong credit, and reserves.

🎖️

VA Jumbo

$0 Down

VA-eligible borrowers can go above conforming limits with zero down in many cases.

🏦

Portfolio Loan

$6,825,000 Down

Held by the lender, not sold. Flexible terms for high-net-worth buyers with non-traditional income.

🔑

Bridge Loan

$9,100,000 Down

Short-term financing to buy before selling. Ideal for move-up buyers in competitive markets.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: May 20, 2026.

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