John Morgan IV handles record $5.5M AQUA penthouse sale in Tampa

John Morgan IV represented the buyer in a $5.5 million purchase of Penthouse PH-1702 at AQUA at Westshore Yacht Club, marking the highest-priced closed sale at the development. The deal underscores continued demand for luxury waterfront and new-construction condominiums in Tampa Bay.

Why it matters: - The $5.5 million closing sets a new price record at AQUA and highlights demand for top-tier waterfront condos in Tampa Bay. - The sale adds another high-end transaction to John Morgan IV’s growing portfolio in luxury penthouses, waterfront homes and new construction. - The deal also points to a broader shift in Tampa’s luxury condo market, where buyers are weighing privacy, views, amenities and boating access alongside location.

What happened: - John Morgan IV, founder of Gasparilla Gulf Estates and a real estate advisor with Keller Williams Tampa Central, represented the buyer in the purchase of Penthouse PH-1702 at AQUA at Westshore Yacht Club. - The transaction closed Aug. 18, 2026, for $5,500,000, or about $1,102 per square foot. - The sale is the highest-priced closed transaction at AQUA to date. - AQUA is a 17-story luxury waterfront condominium development at Westshore Yacht Club with 77 residences and two penthouses.

The details: - PH-1702 is located at 5713 Bowen Daniel Drive in Tampa. - The penthouse includes 4,993 square feet of interior living space. - The residence has four bedrooms and four-and-a-half bathrooms. - PH-1702 shares the 17th-floor penthouse level with only one other home. - The property includes three oversized terraces with views across Tampa Bay and toward downtown Tampa. - Morgan said luxury buyers are increasingly evaluating the full lifestyle package, including privacy, views, amenities, boating access and proximity to Tampa’s offerings. - Morgan’s recent closings include a $2.245 million residence at Art House in downtown St. Petersburg. - Morgan also completed multiple multimillion-dollar transactions in Boca Grande and Gasparilla Island, including a $6.6 million residence at 180 Damfiwill Street, a $5.175 million property at 20 Grouper Hole Drive and a $3.295 million condominium at 950 Palm Avenue.

Between the lines: - The record AQUA sale suggests Tampa’s luxury condo market is maturing and drawing buyers who want newer buildings and amenity-rich living. - Morgan’s mix of closed and pending deals shows a focused push into buyer representation for high-end condos and penthouses across the region. - Morgan is currently representing buyers under contract at Pendry Residences Tampa, ONE Tampa and a penthouse in the second tower at Marina Pointe, but those deals have not closed. - Morgan said Tampa’s luxury condominium market is evolving quickly as buyers gain access to new construction and residential options that were not available several years ago.

What's next: - Morgan’s pending transactions at Pendry Residences Tampa, ONE Tampa and Marina Pointe could add more momentum to his luxury and new-construction business if they close. - The broker’s broader practice continues to include luxury residential sales, waterfront properties, land, development opportunities and investment real estate. - Based in Tampa with a presence in Boca Grande, Morgan works with buyers, sellers, investors and developers across Tampa Bay, Boca Grande and Florida’s Gulf Coast. - More information is available through John Morgan IV’s LinkedIn profile, Instagram account, Facebook page, YouTube channel and TikTok account.