Tampa Bay Office Sales Report | July 2018
Historical report: July 2018. The original sales log covered Hillsborough, Pinellas, and Pasco counties. The entries below reflect that historical compilation and do not represent current property values or a verified complete record of all sales.
Tampa Bay Office Sales: July 2018
The July 2018 office sales log included 40 transactions totaling $46,105,800. The largest sale accounted for approximately 37.2% of the total listed volume.
Sales Highlights
- Largest sale: 10101 Dr Martin Luther King Jr Street N in St. Petersburg sold for $17,150,000. The original log reported 85,500 square feet on 6.19 acres, producing a price of $200.58 per square foot.
- Second-largest sale: 2706 Alt 19 in Palm Harbor sold for $5,790,000, with a reported building area of 61,980 square feet and a price of $93.42 per square foot.
- Another substantial transaction: 13630 58th Street N in Largo sold for $4,500,000, with a reported building area of 48,600 square feet.
- Highest listed price per square foot: 5808 N Florida Avenue in Tampa sold for $500,000, or $355.11 per square foot.
July 2018 Office Sales Log
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| Property Address | City | ZIP | Acres | Building SF | Sale Date | Sale Price | Price/SF |
|---|---|---|---|---|---|---|---|
| 5363 Central Ave | St. Petersburg | 33710 | 0.32 | 4,352 | 7/2/2018 | $830,000 | $190.72 |
| 1920 E 4th Ave | Tampa | 33605 | 0.08 | 1,200 | 7/3/2018 | $41,000 | $34.17 |
| 6075 Park Blvd | Pinellas Park | 33781 | 0.30 | 4,067 | 7/3/2018 | $335,000 | $82.37 |
| 1875 Indian Rocks Rd S | Largo | 33774 | 0.31 | 4,376 | 7/3/2018 | $590,800 | $135.01 |
| 1301 Dr Martin Luther King Jr St N | St. Petersburg | 33701 | 0.12 | 2,187 | 7/5/2018 | $260,000 | $118.88 |
| 261 Alt 19 S | Palm Harbor | 34683 | 0.44 | 5,186 | 7/5/2018 | $720,000 | $138.84 |
| 1433 Gulf to Bay Blvd #E | Clearwater | 33755 | 0.53 | 760 | 7/6/2018 | $49,000 | $64.47 |
| 1435 Gulf to Bay Blvd #B | Clearwater | 33755 | 0.53 | 732 | 7/6/2018 | $53,000 | $72.40 |
| 1433 Gulf to Bay Blvd #F | Clearwater | 33755 | 0.53 | 1,062 | 7/6/2018 | $73,000 | $68.74 |
| 5400 Central Ave | St. Petersburg | 33707 | 0.10 | 1,859 | 7/9/2018 | $200,000 | $107.58 |
| 100 S Pinellas Ave | Tarpon Springs | 34689 | 0.14 | 8,919 | 7/10/2018 | $450,000 | $50.45 |
| 1911 N Old Coachman Rd | Clearwater | 33763 | 0.21 | 1,417 | 7/12/2018 | $350,000 | $247.00 |
| 13033 W Linebaugh Ave | Tampa | 33626 | 0.07 | 3,000 | 7/12/2018 | $505,000 | $168.33 |
| 13907 Carrollwood Village Run | Tampa | 33618 | 0.08 | 3,474 | 7/12/2018 | $650,000 | $187.10 |
| 18039 N 41 Hwy | Lutz | 33549 | 0.96 | 2,556 | 7/13/2018 | $314,000 | $122.85 |
| 5808 N Florida Ave | Tampa | 33604 | 0.43 | 1,408 | 7/13/2018 | $500,000 | $355.11 |
| 5540 Park Blvd | Pinellas Park | 33781 | 1.62 | 21,929 | 7/15/2018 | $1,000,000 | $45.60 |
| 1924 W Dr Martin Luther King Jr Blvd | Tampa | 33607 | 0.03 | 1,155 | 7/16/2018 | $140,000 | $121.21 |
| 200 E Madison St | Tampa | 33602 | 0.14 | 10,355 | 7/16/2018 | $2,350,000 | $226.94 |
| 536 E Tarpon Ave #4 | Tarpon Springs | 34689 | 0.63 | 850 | 7/19/2018 | $140,000 | $164.71 |
| 607 E Robertson St | Brandon | 33511 | 0.22 | 1,920 | 7/19/2018 | $199,000 | $103.65 |
| 800 N Belcher Rd | Clearwater | 33765 | 1.04 | 6,185 | 7/19/2018 | $810,000 | $130.96 |
| 10901 Danka Cir N | St. Petersburg | 33716 | 1.55 | 9,764 | 7/19/2018 | $900,000 | $92.18 |
| 10101 Dr Martin Luther King Jr St N | St. Petersburg | 33716 | 6.19 | 85,500 | 7/19/2018 | $17,150,000 | $200.58 |
| 3900 Belle Oak Blvd | Largo | 33771 | 0.31 | 4,054 | 7/20/2018 | $380,000 | $93.73 |
| 8501 N La Due Ln | Tampa | 33614 | 0.77 | 5,625 | 7/20/2018 | $598,500 | $106.40 |
| 500 Vonderburg Dr 203 | Brandon | 33511 | 0 | 1,422 | 7/23/2018 | $145,000 | $101.97 |
| 11860 31st Ct N | Pinellas Park | 33716 | 0.46 | 8,092 | 7/25/2018 | $550,000 | $67.97 |
| 13502 N Florida Ave | Tampa | 33613 | 0.59 | 2,803 | 7/25/2018 | $900,000 | $321.08 |
| 313 E Oak Ave | Tampa | 33602 | 0.19 | 2,248 | 7/26/2018 | $450,000 | $200.18 |
| 3508 S Manhattan St | Tampa | 33629 | 0.27 | 3,724 | 7/26/2018 | $925,000 | $248.39 |
| 5308 Gulfport Blvd | Gulfport | 33707 | 0.35 | 3,154 | 7/27/2018 | $157,500 | $49.94 |
| 31 54th St N | St. Petersburg | 33710 | 0.10 | 1,191 | 7/27/2018 | $175,000 | $146.94 |
| 814 Franklin St | Clearwater | 33756 | 0.30 | 5,292 | 7/27/2018 | $365,000 | $68.97 |
| 9075 Seminole Blvd | Seminole | 33772 | 0.32 | 4,237 | 7/27/2018 | $550,000 | $129.81 |
| 575 Indian Rocks Rd N | Belleair Bluffs | 33770 | 0.42 | 4,608 | 7/27/2018 | $1,400,000 | $303.82 |
| 13630 58th St N | Largo | 33760 | 7.39 | 48,600 | 7/30/2018 | $4,500,000 | $92.59 |
| 2323 Curlew Rd #6E | Dunedin | 34698 | 0.18 | 1,700 | 7/31/2018 | $230,000 | $135.29 |
| 7433 Monika Manor Dr | Tampa | 33625 | 0.05 | 2,022 | 7/31/2018 | $380,000 | $187.93 |
| 2706 Alt 19 | Palm Harbor | 34683 | 3.58 | 61,980 | 7/31/2018 | $5,790,000 | $93.42 |
| Total of 40 Listed Transactions | $46,105,800 | ||||||
Using These Historical Sales Comps
The largest transaction represented more than one-third of the listed sales volume. The remaining entries included a broad mix of building sizes and individual commercial units, so the monthly total should be considered alongside the characteristics of the properties sold.
Relevant comparisons depend on property size, location, condition, occupancy, land characteristics, and transaction circumstances. An individual price per square foot does not establish the value of another property.
Addresses, city labels, acreage, building areas, sale amounts, and prices per square foot are reproduced as originally reported. Zero acreage entries should not be interpreted as confirmation that a property has no associated land.
Source: John Milsaps’s original July 2018 office sales log, described as covering Hillsborough, Pinellas, and Pasco counties. The underlying data provider was not identified in the supplied post. The total above is calculated from the 40 listed sale prices; individual records have not been independently reverified.
Discuss Your Office Property’s Value
Considering selling an office or medical office property in Hillsborough, Pinellas, or Pasco County? Learn more about selling commercial office space, or contact John Milsaps to discuss relevant sales and your property’s position in the market.