Office Space Sold in December, 2018

Sales activity increased month over month in the Tri-county area (Hillsborough, Pinellas, Pasco) with 48 transactions recorded in December, up from 36 in November.  Deals totaled 1,204,674sf of office space and the Average Transaction Value for the month was $3,503,598 while the Average Price per Square Foot decreased to $158.10. Sales volume for the month was $168,172,700.

AddressCityZipAcresSFSale DateSale Price$ / SF
13043 Summerfield Square DrRiverview3357802,00012/3/2018$400,000$200.00
4525 Ulmerton RdLARGO337620.412,78712/3/2018$1,976,500$709.19
9677 Seminole BlvdSeminole337720.826,78912/4/2018$1,250,000$184.12
5508 N Armenia AveTampa336030.121,75012/5/2018$235,000$134.29
1150 Cleveland StClearwater337551.2245,66512/6/2018$3,050,000$66.79
602 W Lumsden RdBrandon335110.968,51212/6/2018$3,316,200$389.59
5406 HooverTampa3363401,80012/7/2018$216,000$120.00
11041 COUNTRYWAY BLVDTampa336260.083,50012/7/2018$510,000$145.71
1421 COURT ST # FClearwater337560.711,72512/10/2018$155,000$89.86
516 Lakeview RdClearwater337562.331,04812/11/2018$90,000$85.88
1700 66th St NSt Petersburg337104.5875,50312/11/2018$2,850,000$37.75
100 5TH ST SSt Petersburg337011.84234,58712/12/2018$39,350,000$167.74
2410 WEST BAY DRLargo337700.181,15112/13/2018$160,000$139.01
2790 Sunset Point RdClearwater337590.432,50012/13/2018$420,000$168.00
16509 Fishhawk BlvdLithia335471.293,97312/13/2018$1,100,000$276.87
10004 N DALE MABRY HWYTampa3361825.46173,92212/13/2018$19,300,000$110.97
10333 SEMINOLE BLVD # 9Seminole3377821,22512/14/2018$120,000$97.96
6475 1st Ave SSt Petersburg337070.252,07912/14/2018$460,000$221.26
7821 N DALE MABRY HWY 2Tampa33614032,84812/14/2018$1,286,500$39.17
7823 N DALE MABRY HWY 3Tampa33614075,03212/14/2018$2,956,600$39.40
907 N DALE MABRY HWYTampa336072.2727,60012/14/2018$8,150,000$295.29
2135 S 78th StTampa336190.291,42012/17/2018$150,000$105.63
10225 ULMERTON RD # 12ALargo337710.585,14012/18/2018$286,000$55.64
3924 Central AveSt Petersburg337110.213,05812/18/2018$410,000$134.07
175 107th AveTreasure Island337060.6911,02812/18/2018$1,320,000$119.70
11200 Seminole BlvdSeminole337781.9230,80912/18/2018$2,026,000$65.76
12319 W LINEBAUGH AVETAMPA336260.152,80012/19/2018$299,000$106.79
9180 OAKHURST RD # 2Seminole337760.541,21012/20/2018$127,500$105.37
6802 E Broadway AveTampa336190.233,60012/20/2018$175,000$48.61
8520 4th St NSt Petersburg337020.341,97212/20/2018$230,000$116.63
31515 US Highway 19 NPalm Harbor346840.927,13812/20/2018$355,000$49.73
3446 49th St NSt Petersburg337100.11,48212/20/2018$425,000$286.77
1530 4th St NSt Petersburg337040.253,68312/20/2018$790,000$214.50
3011 University Center DrTampa3361219.89145,55212/20/2018$25,000,000$171.76
5017 18th Ave SGulfport337070.1496012/21/2018$92,000$95.83
2898 66th St NSt Petersburg337100.171,99612/21/2018$263,000$131.76
1180 PONCE DE LEON BLVD # 201Largo337560.182,56212/21/2018$315,000$122.95
1336 Oakfield DrBrandon335110.251,95012/21/2018$428,500$219.74
8125 Highwoods Palm DrTampa336476.7204,91412/21/2018$37,500,000$183.00
1259 S Myrtle AveClearwater337560.161,32712/26/2018$125,000$94.20
1000 Lakeview RdClearwater337560.648,20012/26/2018$500,000$60.98
1528 Lakeview RdClearwater337561.3310,63512/26/2018$800,000$75.22
7704 Ann Ballard RdTampa336340.962,55512/27/2018$310,000$121.33
1108 Nebraska AvePalm Harbor346830.221,18112/28/2018$405,000$342.93
3894 Sun City BlvdRUSKIN335730.745,67012/28/2018$1,886,900$332.79
5999 Central AveSt Petersburg337101.5430,23012/28/2018$4,900,000$162.09
9225 ULMERTON RD # MLargo337710.031,24612/31/2018$122,000$97.91
455 Pinellas StClearwater3375636,36012/31/2018$1,580,000$248.43
About the Author
Though John has a broad understanding of the entire commercial market, he specializes in both professional office and healthcare real estate. As Senior Advisor, he approaches each business transaction with a unique combination of marketing, technology, and sales to ensure success and ease from start to finish.

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