The Hotel Zamora
Update
09/23/22
The Hotel Zamora Acquired for $34.65 Million
Minneapolis-based property development and management firm Sherman Associates has purchased The Hotel Zamora for $34.65 million. Sherman Associates took out a mortgage from Midwestone Bank for $28.5 million according to public records. The property is Sherman Associates’ first hotel in Florida according to the company’s website. The first new boutique hotel to be built in St. Pete Beach in decades, The Hotel Zamora is a white-washed Mediterranean palace with breathtaking architecture anchored in a bygone era. Inspired by its namesake Spanish province, the hotel’s striking Romanesque façade is the framework for expansive luxury suites overlooking the Intracoastal Waterway and the Gulf of Mexico. Stylish dining and laid-back leisure have become the new norm in Florida’s fashionable Tampa Bay. The 72-room, 67,692 square-foot hotel features a 360-rooftop entertainment area, dining, whirlpool spa and pool along with a five-slip marina with paddleboard and kayak rentals.
Photo: Hotel Zamora
