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Channelside Title, LLC
1101 Channelside Dr.
Suite 244
Tampa, FL 33602
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Phone: 813.654.1700
Fax: 813.315.6506
Toll Free: 888.605.3165
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Cahill tried to purchase a SkyPoint unit when they went up for sale in 2005 but missed out on the lottery. While the building was under construction, he found an ad online at craigslist.com from someone wanting to get out of his contract.
Current list prices at SkyPoint now range between $301 and $489 a square foot, with 11 units listed early this week on the Multiple Listing Service. A unit slightly larger than Cahill's is listed for $309, 900. Officials with Novare-Intown say they discouraged "flippers" by limiting purchases by investors to 25 percent of the units.
Ian Markowitz closed on a two-bedroom, 1, 317-square-foot, 12th-floor corner unit in June for $462, 000. He was "worried that a lot of people were going to try to flip, " but now thinks many SkyPoint buyers see value in living downtown.
"I walk to work in the morning, literally, " said Markowitz, 25, an accountant in the SunTrust building on Jackson Street and a part-time real estate agent. "It's awesome. I've only been down here three weeks, and I'm loving it."
Used to a long commute from his Riverview townhouse, Markowitz says a typical weekday now involves an easy stop at Moxie's for coffee, and sometimes ends with a visit to Fly or a quick drive to International Plaza to meet friends.
He loves the convenience but, like Cahill, was startled at first by the downtown din.
"All of a sudden, there's ambulances going by, there's people yelling downstairs on the street, " he said. "But you get used to it quickly."
Downtown crime near the building is somewhat of a concern, Cahill said. The halls of SkyPoint were quiet last week, with fewer than 40 official residents, so there's no safety in numbers.
"My dad is a cop. He says, 'Don't venture downtown at night - yet, ' " Markowitz said.
But "there are a lot of people in the elevators moving in every day."
For now, Cahill and Markowitz enjoy sticking close to home. They say there's plenty to do.
SkyPoint's amenities include a modern and fully wired club room, a large fitness center with panoramic city views, and wide terraces with gardens and grills on either side of the building.
Cahill's unit directly overlooks SkyPoint's large but empty pool. City officials won't allow the pool to open because of construction issues, but Novare-Intown gave residents free memberships at the Harbor Island Athletic Club through August.
Will downtown live up to its promise?
"I'm from Fort Lauderdale, and if you go to downtown Fort Lauderdale ... there's stuff to do, " Markowitz said. "Downtown Tampa doesn't really have that yet.
"Does it pay to get here before everything happens? In a Realtor's mind, yes. I think downtown's going to be the next place to be."
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