Office Space Sold in September, 2018

Office Space Sold in September, 2018

Sales activity remained strong in the Tri-county area (Hillsborough, Pinellas, Pasco) with 26 transactions recorded totaling 443,678sf of office space in the month of September. The Average Transaction Value for the month was $1,968,631 while the Average Price per Square Foot was $175.15. Sales volume for the month was $51,184,400, representing a month-over-month increase of approximately 11% over August.

Address City Zip Acres SF Sale Date Sale Price $ / SF
1501 S PINELLAS AVE # G Tarpon Springs 34689 1.15 2,304 9/7/2018 $315,000 $136.72
2421 4th St N St Petersburg 33704 0.25 3,276 9/7/2018 $1,980,000 $604.40
1511 Lakeview Rd Clearwater 33756 0.43 2,091 9/10/2018 $360,000 $172.17
7040 S 301 HWY Riverview 33578 0.77 1,540 9/11/2018 $450,000 $292.21
613 Oakfield Dr Brandon 33511 1.48 15,337 9/12/2018 $2,200,000 $143.44
501 S LINCOLN AVE # 101 Clearwater 33756 1.25 984 9/13/2018 $136,900 $139.13
2329 SUNSET POINT RD # 204 Clearwater 33765 2.18 1,072 9/13/2018 $149,900 $139.83
610 N Morgan St Tampa 33602 1 298,465 9/14/2018 $29,300,000 $98.17
601 S Lincoln Ave Clearwater 33756 0.2 3,560 9/14/2018 $267,800 $75.22
1405 49th St S Gulfport 33707 0.05 500 9/17/2018 $30,000 $60.00
26829 Tanic Dr Wesley Chapel 33544 0.06 2,604 9/19/2018 $412,500 $158.41
5136 LITTLE RD New Port Richey 34655 1.18 5,393 9/20/2018 $750,000 $139.07
15316 N FLORIDA AVE Tampa 33613 4.56 27,880 9/21/2018 $2,150,000 $77.12
501 S LINCOLN AVE # 102 Clearwater 33756 1.23 984 9/21/2018 $155,900 $158.43
1219 N Franklin St Tampa 33602 0 3,040 9/25/2018 $750,000 $246.71
6920 W Linebaugh Ave Tampa 33625 0.06 2,500 9/25/2018 $385,000 $154.00
17751 GUNN HWY Odessa 33556 1.53 4,152 9/26/2018 $1,225,000 $295.04
8522 US Highway 19 Port Richey 34668 1.94 13,071 9/26/2018 $4,062,500 $310.80
8517 GUNN HWY Odessa 33556 0.6 4,589 9/27/2018 $515,000 $112.22
7901 4th St N St Petersburg 33702 1.65 38,514 9/27/2018 $3,695,000 $95.94
501 S LINCOLN AVE # 206 Clearwater 33756 1.23 984 9/27/2018 $79,000 $80.28
720 E Henderson Ave Tampa 33602 0.15 1,617 9/28/2018 $410,000 $253.56
13211 Walsingham Rd Largo 33774 1.02 3,421 9/28/2018 $441,900 $129.17
5737 9th Ave N St Petersburg 33710 0.19 1,479 9/28/2018 $233,000 $157.54
34041 US HIGHWAY 19 N # D Palm Harbor 34684 2.98 2,870 9/28/2018 $525,000 $182.93
6235 66TH ST N # 103 Pinellas Park 33781 2.35 1,451 9/28/2018 $205,000 $141.28
About the Author
John Milsaps, a Senior Advisor at SVN Commercial Advisory Group, specializes in landlord and seller representation in Tampa's professional office and healthcare real estate sectors. His expertise in commercial office space makes him a trusted advocate for clients seeking strategic real estate solutions.

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