2121 N Ola AvenueNew Construction Home in Tampa, FL
Tampa, FL 33602 · Hillsborough County
$1,525,999
$521/sq ft
Photos of 2121 N Ola Avenue
1 / 7Who is building this home?
This home is listed as built by Flamingo Homes, floor plan Ola Residences at Armature Works. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.
Compare Tampa Bay builder scorecards →About this home
Virtually Staged. Under Construction. Welcome to OLA RESIDENCES by Vollmer Developments, a signature new-construction development in the heart of Tampa Heights, immediately behind Armature Works and just steps from the Tampa Riverwalk, acclaimed dining, entertainment, shopping, and Downtown Tampa. This is the LAST AVAILABLE EXTERIOR RESIDENCE in this exclusive boutique collection of only four homes. The other exterior residence has already sold, creating a rare opportunity to secure the final end unit within one of Tampa Heights' newest luxury developments. Offering nearly 4,000 total square feet and approximately 3,000 square feet under air, this four-story residence features 3 bedrooms, 4.5 bathrooms, a private in-home elevator, rear-entry 2-car garage, multiple indoor and outdoor living spaces, and a private rooftop terrace with impressive views across Tampa Heights and toward the Downtown Tampa skyline. Designed around modern urban living and indoor/outdoor entertaining, the main living level features an expansive open-concept great room, dining area, and chef-inspired kitchen centered around an oversized statement island. The kitchen is complemented by a premium Bosch appliance package, walk-in pantry, generous cabinetry and storage, and elevated contemporary finishes throughout. The private bedroom level includes a spacious owner's retreat with dual walk-in closets and a spa-inspired primary bathroom, along with thoughtfully designed additional accommodations. The fourth floor transforms the residence into an entertainer's retreat. A dedicated entertainment room with wet bar and full bathroom provides seamless access to the private rooftop terrace, creating an exceptional indoor/outdoor living experience above Tampa Heights. The rooftop terrace features an outdoor grilling area and expansive views of the surrounding neighborhood and Tampa skyline. Buyers can further personalize the rooftop with available upgrades including a private spa/hot tub and cold plunge, creating a one-of-a-kind outdoor wellness and entertainment environment. Additional features include a PRIVATE IN-HOME ELEVATOR servicing all four levels, impact-resistant windows, enhanced soundproofing for privacy and comfort, premium finishes, contemporary architecture, and an oversized rear-entry 2-car garage. The location is difficult to replicate. OLA RESIDENCES sits immediately behind ARMATURE WORKS—simply cross the street and you're there. Enjoy some of Tampa's most acclaimed and Michelin-recognized dining, coffee shops, nightlife, waterfront recreation, community events, and entertainment within walking distance. The Tampa Riverwalk is just steps away, while Downtown Tampa is approximately five minutes from your front door. This is urban Tampa living without sacrificing the privacy, space, garage parking, outdoor living, and independence of a luxury residence. ONLY ONE EXTERIOR RESIDENCE REMAINS. With the neighboring exterior residence already sold and construction approaching completion, this is the final opportunity to own an exterior home within the four-residence OLA collection. UNDER CONSTRUCTION – EXPECTED COMPLETION November 2026. Schedule your private showing today and experience OLA RESIDENCES by Vollmer Developments—where Tampa Heights, the Riverwalk, Armature Works, and the Downtown Tampa skyline are right outside your door
Home details and costs
- MLS number
- TB8549318
- Property type
- Townhouse
- Build stage
- Under Construction
- Builder
- Flamingo Homes
- Floor plan
- Ola Residences at Armature Works
- Heated square feet
- 2,928 sq ft
- Total under roof
- 3,999 sq ft
- Stories
- 3+ Story
- Lot size
- 0.03 acres
- Subdivision
- 212 W Ross Twnhms Tracts A & B
- HOA fee
- $480/mo
- Annual property tax
- $1,215 (current assessment)
- Days on market
- 15 days
Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds
What would this home actually cost per month?
Pre-filled with this listing's price and HOA. Adjust anything to match your situation.
Estimated monthly payment
$12,214
$152,600 down (10%) on a $1,373,399 loan
- Principal and interest
- $8,681
- Property tax (estimated)
- $2,214
- Homeowners insurance
- $267
- HOA
- $480
- PMI (under 20% down)
- $572
CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.
The tax figure in the MLS looks like a bare-lot assessment. It lists $1,215 a year, while taxing this purchase price works out closer to $26,568. On new construction the county reassesses once the house is finished, so budget from the higher number.
Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.
Get the real numbers on this homeWhat is negotiable on this home?
Here is what this listing's numbers say about the builder's position.
On the market 15 daysContext
Still relatively fresh. Expect the sales office to hold firmer here than on inventory that has been sitting.
Still under constructionContext
The builder has money in the ground but no finished house to carry, so there is less pressure than on standing inventory. The upside is that some finish selections are usually still open.
Where builders actually give
Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.
Virtual tour
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Listed by Anchor Real Estate. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 2121 N Ola Avenue, Tampa, FL 33602 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.