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.

 

Address City Zip Acres SF Sale Date Sale Price $ / SF
1759 S Kings Ave Brandon 33511 0.17 3,520 3/21/2019 $609,000 $173.01
1723 S Kings Ave Brandon 33511 0.16 2,532 3/5/2019 $450,000 $177.73
235 N Garden Ave Clearwater 33755 0.23 3,008 3/14/2019 $150,000 $49.87
1300 S Ft Harrison Ave Clearwater 33756 0.54 7,665 3/25/2019 $825,000 $107.63
557 S Duncan Ave Clearwater 33756 2.25 2,280 3/27/2019 $249,000 $109.21
2963 Gulf to Bay Blvd Clearwater 33759 2.01 41,437 3/13/2019 $4,700,000 $113.43
405 S Duncan Ave Clearwater 33755 0.20 2,226 3/29/2019 $265,000 $119.05
2631 McCormick Dr Clearwater 33759 0.23 6,115 3/12/2019 $825,000 $134.91
527 S Paula Dr Dunedin 34698 0.79 10,087 3/22/2019 $975,000 $96.66
107 13th Ave Indian Rocks Beach 33785 0.13 3,230 3/27/2019 $735,000 $227.55
2130 West Bay Dr. Largo 33770 0.19 1,539 3/1/2019 $270,000 $175.44
15953 N Florida Ave Lutz 33549 0.06 2,480 3/8/2019 $499,000 $201.21
2385 Tampa Rd Palm Harbor 34683 0.50 6,754 3/14/2019 $440,000 $65.15
11922 Boyette Rd Riverview 33569 0.06 3,400 3/26/2019 $650,000 $191.18
5736 1st Ave N St Petersburg 33710 0.11 1,052 3/1/2019 $70,000 $66.54
8410 4th St N St Petersburg 33702 0.23 2,376 3/14/2019 $440,000 $185.19
533 4th St N St Petersburg 33701 0.34 4,444 3/5/2019 $1,700,000 $382.54
14902 N Florida Ave Tampa 33613 0.61 8,304 3/12/2019 $550,000 $66.23
4840 W Gandy Blvd. C12 Tampa 33611 0.00 1,136 3/8/2019 $100,000 $88.03
14620 N Nebraska Ave B Tampa 33613 0.00 1,966 3/29/2019 $220,000 $111.90
5305 Technology Dr Tampa 33647 0.00 1,768 3/27/2019 $248,000 $140.27
8483 W Linebaugh Ave Tampa 33625 0.06 2,478 3/29/2019 $435,000 $175.54
4301 Anchor Plaza Pkwy Tampa 33634 4.55 97,688 3/15/2019 $17,825,000 $182.47
825 W Linebaugh Ave Tampa 33612 4.21 5,590 3/25/2019 $1,100,000 $196.78
5008 N Clark Ave Tampa 33614 0.24 1,935 3/29/2019 $385,000 $198.97
5402 Laurel St. Unit 210 Tampa 33607 0.00 783 3/29/2019 $160,000 $204.34
3444 S West Shore Blvd. Tampa 33629 0.35 3,000 3/13/2019 $815,000 $271.67
217 N Howard Ave 104 Tampa 33606 0.00 1,981 3/1/2019 $538,500 $271.83
2333 W Cypress St Tampa 33609 0.22 1,393 3/6/2019 $435,000 $312.28
1906 N Tampa St. Tampa 33602 0.25 3,270 3/1/2019 $1,150,000 $351.68
10117 Princess Palm Ave. Tampa 33610 5.94 140,025 3/8/2019 $52,787,000 $376.98
1501 S Pinellas Ave # F Tarpon Springs 34689 1.15 1,164 3/1/2019 $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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