Office Space Sold in December, 2018

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.

Address City Zip Acres SF Sale Date Sale Price $ / SF
13043 Summerfield Square Dr Riverview 33578 0 2,000 12/3/2018 $400,000 $200.00
4525 Ulmerton Rd LARGO 33762 0.41 2,787 12/3/2018 $1,976,500 $709.19
9677 Seminole Blvd Seminole 33772 0.82 6,789 12/4/2018 $1,250,000 $184.12
5508 N Armenia Ave Tampa 33603 0.12 1,750 12/5/2018 $235,000 $134.29
1150 Cleveland St Clearwater 33755 1.22 45,665 12/6/2018 $3,050,000 $66.79
602 W Lumsden Rd Brandon 33511 0.96 8,512 12/6/2018 $3,316,200 $389.59
5406 Hoover Tampa 33634 0 1,800 12/7/2018 $216,000 $120.00
11041 COUNTRYWAY BLVD Tampa 33626 0.08 3,500 12/7/2018 $510,000 $145.71
1421 COURT ST # F Clearwater 33756 0.71 1,725 12/10/2018 $155,000 $89.86
516 Lakeview Rd Clearwater 33756 2.33 1,048 12/11/2018 $90,000 $85.88
1700 66th St N St Petersburg 33710 4.58 75,503 12/11/2018 $2,850,000 $37.75
100 5TH ST S St Petersburg 33701 1.84 234,587 12/12/2018 $39,350,000 $167.74
2410 WEST BAY DR Largo 33770 0.18 1,151 12/13/2018 $160,000 $139.01
2790 Sunset Point Rd Clearwater 33759 0.43 2,500 12/13/2018 $420,000 $168.00
16509 Fishhawk Blvd Lithia 33547 1.29 3,973 12/13/2018 $1,100,000 $276.87
10004 N DALE MABRY HWY Tampa 33618 25.46 173,922 12/13/2018 $19,300,000 $110.97
10333 SEMINOLE BLVD # 9 Seminole 33778 2 1,225 12/14/2018 $120,000 $97.96
6475 1st Ave S St Petersburg 33707 0.25 2,079 12/14/2018 $460,000 $221.26
7821 N DALE MABRY HWY 2 Tampa 33614 0 32,848 12/14/2018 $1,286,500 $39.17
7823 N DALE MABRY HWY 3 Tampa 33614 0 75,032 12/14/2018 $2,956,600 $39.40
907 N DALE MABRY HWY Tampa 33607 2.27 27,600 12/14/2018 $8,150,000 $295.29
2135 S 78th St Tampa 33619 0.29 1,420 12/17/2018 $150,000 $105.63
10225 ULMERTON RD # 12A Largo 33771 0.58 5,140 12/18/2018 $286,000 $55.64
3924 Central Ave St Petersburg 33711 0.21 3,058 12/18/2018 $410,000 $134.07
175 107th Ave Treasure Island 33706 0.69 11,028 12/18/2018 $1,320,000 $119.70
11200 Seminole Blvd Seminole 33778 1.92 30,809 12/18/2018 $2,026,000 $65.76
12319 W LINEBAUGH AVE TAMPA 33626 0.15 2,800 12/19/2018 $299,000 $106.79
9180 OAKHURST RD # 2 Seminole 33776 0.54 1,210 12/20/2018 $127,500 $105.37
6802 E Broadway Ave Tampa 33619 0.23 3,600 12/20/2018 $175,000 $48.61
8520 4th St N St Petersburg 33702 0.34 1,972 12/20/2018 $230,000 $116.63
31515 US Highway 19 N Palm Harbor 34684 0.92 7,138 12/20/2018 $355,000 $49.73
3446 49th St N St Petersburg 33710 0.1 1,482 12/20/2018 $425,000 $286.77
1530 4th St N St Petersburg 33704 0.25 3,683 12/20/2018 $790,000 $214.50
3011 University Center Dr Tampa 33612 19.89 145,552 12/20/2018 $25,000,000 $171.76
5017 18th Ave S Gulfport 33707 0.14 960 12/21/2018 $92,000 $95.83
2898 66th St N St Petersburg 33710 0.17 1,996 12/21/2018 $263,000 $131.76
1180 PONCE DE LEON BLVD # 201 Largo 33756 0.18 2,562 12/21/2018 $315,000 $122.95
1336 Oakfield Dr Brandon 33511 0.25 1,950 12/21/2018 $428,500 $219.74
8125 Highwoods Palm Dr Tampa 33647 6.7 204,914 12/21/2018 $37,500,000 $183.00
1259 S Myrtle Ave Clearwater 33756 0.16 1,327 12/26/2018 $125,000 $94.20
1000 Lakeview Rd Clearwater 33756 0.64 8,200 12/26/2018 $500,000 $60.98
1528 Lakeview Rd Clearwater 33756 1.33 10,635 12/26/2018 $800,000 $75.22
7704 Ann Ballard Rd Tampa 33634 0.96 2,555 12/27/2018 $310,000 $121.33
1108 Nebraska Ave Palm Harbor 34683 0.22 1,181 12/28/2018 $405,000 $342.93
3894 Sun City Blvd RUSKIN 33573 0.74 5,670 12/28/2018 $1,886,900 $332.79
5999 Central Ave St Petersburg 33710 1.54 30,230 12/28/2018 $4,900,000 $162.09
9225 ULMERTON RD # M Largo 33771 0.03 1,246 12/31/2018 $122,000 $97.91
455 Pinellas St Clearwater 33756 3 6,360 12/31/2018 $1,580,000 $248.43
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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