There are many ways to avoid taxes, so nobody can give you a complete answer without knowing your entire tax situation.If your only taxable item was selling this condo, you would owe long-term capital gains on the $150,000 plus ordinary income on depreciation recapture.

A single member LLC may elect to be treated as a disregarded entity on the member's federal income tax return and report income and deductions on Schedule E of the 1040 rather than filing a return separately for the company.

In addition to appreciation potential, there are a bunch of tax benefits to consider as well... my favorite being that a tax loss can be carried forward to offset future taxable income.

This significantly accelerates the depreciation schedule leading to larger deductions in the beginning years of the assets, reducing your taxable income and increasing your cash flow.

you get mortgage paydown every month; you might be able to reduce your taxable income from your W2 with passive losses (consult your CPA); hopefully you get appreciation; maybe you get a little cash flow; etc. 

Tampa Bay has a great mix of federal and private investment. 

I make money in different ways and my personal taxable income was about $150k in 2022 ($30k of that was W-2) and 290k in 2023 (150k of that was W2s).

I would take out the 401K loan towards the downpayment.If you sell stock, you have to pay taxes - You mentioned the 15% federal capital gains tax rate(if you are not in the top bracket, otherwise its 20%).You may also be subject to the 3.8  Net Investment Income Tax. 

Federal law is there but the law that rules between state and federal is the more restrictive of the two..

But the 2 of 5 rule for excluding up to $500,000 in taxable gains might (we don't know how long you have owned it.)We also don't know your equity position in the property, or how much you are thinking to taking out of it.