Saint Petersburg, FL
Commercial Real Estate Market Trends & Data

$477 Avg asking sale price
$30 Avg asking lease rate
8,668 SF Avg unit lease size
14,859 SF Avg building size for sale
6.71% Average cap rate

Saint Petersburg's Demographic Profile

Saint Petersburg has 118,444 households and a median income of $67,784, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 256,132
# Households 118,444
Median age 43
Median household income $67,784
Avg household size 2.0
Renter-occupied housing units 51,637
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Saint Petersburg, FL

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Saint Petersburg $428 7,683 SF 11.90%
Pinellas Park $257 10,274 SF 11.55%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Saint Petersburg $254 18,462 SF 6.56%
Pinellas Park $207 10,302 SF 6.56%
Nearby Retail Markets Avg Cost/SF Typical Size
Saint Petersburg $539 8,020 SF
Gulfport $357 5,832 SF
Saint Pete Beach $493 4,606 SF
Tierra Verde $225 6,900 SF
Bay Pines $214 7,492 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Saint Petersburg $531 18,803 SF 8.67%
Saint Pete Beach $664 5,193 SF 6.22%
Treasure Island $513 13,746 SF 7.06%
Madeira Beach $430 4,015 SF 8.67%

Commercial Properties For Sale in Saint Petersburg

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

13257 Automobile Blvd

Clearwater, FL 33762

  • 3,314 SF Industrial Building
  • $700,000
For Sale

4669 73rd Ave

Pinellas Park, FL 33781

  • 2,800 SF Office Building
  • $600,000
For Sale

4643 73rd Ave

Pinellas Park, FL 33781

  • 8,750 SF Industrial Building
  • $1,250,000
For Sale

Development Opportunity in Mid-Pinellas

Saint Petersburg, FL 33709

  • 1.48 AC Lot
  • 1 Commercial Lot
  • $1,950,000
For Sale

135 7th Ave NE

Saint Petersburg, FL 33701

  • 4,826 SF Multifamily
  • $1,260,000
For Sale

Motocave

Saint Petersburg, FL 33702

  • 51,000 SF Specialty
  • $799,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

Where Multifamily Asking Prices Are Rising and Falling in 2026
Where Multifamily Asking Prices Are Rising and Falling in 2026
LoopNet listing data from November 2025 through March 2026 reveals a supply-driven split in multifamily asking prices across U.S. markets, and what it means for investors deciding where to buy.
Online Auctions vs. Traditional Sales
Online Auctions vs. Traditional Sales
Learn how you can strategically use the two transaction methods to achieve stronger outcomes, whether that's a faster deal, maximized sales price, or a low risk of fallouts.
What Are Leasehold Improvements?
What Are Leasehold Improvements?
A complete guide to leasehold improvements, including what qualifies, who owns them, how they affect taxes, and how to maximize their value.
Straight-Line Depreciation in Commercial Real Estate
Straight-Line Depreciation in Commercial Real Estate
Understand how straight-line depreciation works, when to use it, and how it affects your after-tax returns across every stage of ownership.
Small vs. Large Multifamily Real Estate Investing
Small vs. Large Multifamily Real Estate Investing
Compare financing, cash flow, risk, and exit options so you can choose the right property size for your goals.
How to Buy a Duplex
How to Buy a Duplex
Breaking down every stage of buying a duplex, from budgeting and financing to agent selection and market analysis, ensuring you make an informed investment decision.
Spec Suites: A Powerful Tool in the Battle To Fill Office Space
Spec Suites: A Powerful Tool in the Battle To Fill Office Space
New Space, Quick Occupancy, No Construction
Force Majeure Clause
Force Majeure Clause
Understand how force majeure clauses work in commercial real estate leases, including what they cover, when they apply, and how to draft them to manage risk.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Saint Petersburg pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Saint Petersburg $477 14,859 SF
Gulfport $381 12,797 SF
South Pasadena $762 2,032 SF
Saint Pete Beach $500 6,990 SF

Multifamily Properties For Sale in Saint Petersburg

For Sale

Tulane Apartments

Saint Petersburg, FL 33703

  • 32,434 SF Multifamily
  • 6.24% Cap Rate
  • $7,750,000
For Sale

1750 2nd Ave N

Saint Petersburg, FL 33713

  • 33,000 SF Multifamily
  • 7.04% Cap Rate
  • $9,300,000

Regional Demographic Comparison

This comparison places Saint Petersburg alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Saint Petersburg or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Gulfport 11,810 6,295 58 $59,407 2 1,944 1%
South Pasadena 5,906 3,743 70 $48,265 2 1,572 3%
Saint Pete Beach 11,944 6,677 62 $96,850 2 1,968 7%
Pass A Grille 1,358 749 63 $82,799 2 286 10%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Saint Petersburg, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Saint Petersburg

View All Commercial Real Estate For Sale in Saint Petersburg
Is Saint Petersburg a good market for a first-time commercial real estate investor?

Saint Petersburg offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Saint Petersburg?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Saint Petersburg. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Saint Petersburg?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Saint Petersburg. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Saint Petersburg compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Saint Petersburg. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Saint Petersburg acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Saint Petersburg, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends