Office Space Sold in March 2019

During the month of March, there were 32 office property sales transactions executed in the Tampa Bay area, including Hillsborough and Pinellas County, Florida. Pasco County sales for 2019 were not yet available at the time of this report.

  • Total Transaction Volume was approximately $90,670,500
  • The Average Sale Price was $2,833,453
  • The Average Price per Square Foot was $174.54

 

The largest deals of the month were:

  • By Sales Price: $52,787,000 in Tampa for two buildings consisting of 140,025 square feet situated on 5.94 acres.   
  • By Square Feet: 140,025 square feet in Tampa in two buildings on 5.94 acres that sold for $52,787,000.  
  • By Price Per Square Foot: $382.54 per square foot for a building in St. Petersburg that sold for $1,700,000.

 

AddressCityZipAcresSFSale DateSale Price$ / SF
1759 S Kings AveBrandon335110.173,5203/21/2019$609,000$173.01
1723 S Kings AveBrandon335110.162,5323/5/2019$450,000$177.73
235 N Garden AveClearwater337550.233,0083/14/2019$150,000$49.87
1300 S Ft Harrison AveClearwater337560.547,6653/25/2019$825,000$107.63
557 S Duncan AveClearwater337562.252,2803/27/2019$249,000$109.21
2963 Gulf to Bay BlvdClearwater337592.0141,4373/13/2019$4,700,000$113.43
405 S Duncan AveClearwater337550.202,2263/29/2019$265,000$119.05
2631 McCormick DrClearwater337590.236,1153/12/2019$825,000$134.91
527 S Paula DrDunedin346980.7910,0873/22/2019$975,000$96.66
107 13th AveIndian Rocks Beach337850.133,2303/27/2019$735,000$227.55
2130 West Bay Dr.Largo337700.191,5393/1/2019$270,000$175.44
15953 N Florida AveLutz335490.062,4803/8/2019$499,000$201.21
2385 Tampa RdPalm Harbor346830.506,7543/14/2019$440,000$65.15
11922 Boyette RdRiverview335690.063,4003/26/2019$650,000$191.18
5736 1st Ave NSt Petersburg337100.111,0523/1/2019$70,000$66.54
8410 4th St NSt Petersburg337020.232,3763/14/2019$440,000$185.19
533 4th St NSt Petersburg337010.344,4443/5/2019$1,700,000$382.54
14902 N Florida AveTampa336130.618,3043/12/2019$550,000$66.23
4840 W Gandy Blvd. C12Tampa336110.001,1363/8/2019$100,000$88.03
14620 N Nebraska Ave BTampa336130.001,9663/29/2019$220,000$111.90
5305 Technology DrTampa336470.001,7683/27/2019$248,000$140.27
8483 W Linebaugh AveTampa336250.062,4783/29/2019$435,000$175.54
4301 Anchor Plaza PkwyTampa336344.5597,6883/15/2019$17,825,000$182.47
825 W Linebaugh AveTampa336124.215,5903/25/2019$1,100,000$196.78
5008 N Clark AveTampa336140.241,9353/29/2019$385,000$198.97
5402 Laurel St. Unit 210Tampa336070.007833/29/2019$160,000$204.34
3444 S West Shore Blvd.Tampa336290.353,0003/13/2019$815,000$271.67
217 N Howard Ave 104Tampa336060.001,9813/1/2019$538,500$271.83
2333 W Cypress StTampa336090.221,3933/6/2019$435,000$312.28
1906 N Tampa St.Tampa336020.253,2703/1/2019$1,150,000$351.68
10117 Princess Palm Ave.Tampa336105.94140,0253/8/2019$52,787,000$376.98
1501 S Pinellas Ave # FTarpon Springs346891.151,1643/1/2019$70,000$60.14
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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