Office for Sale in St. Petersburg, FL

  • Price: $1.6M
  • Listing type: For sale
  • Asset type: Office
  • Location: St. Petersburg, FL 33715
  • Size: 6,900 SF

Description

Unlock an exceptional investment opportunity with this versatile mixed-use property, ideally located in picturesque Tierra Verde, Florida. This versatile property offers two spacious commercial spaces on the ground floor, each measuring 1,713 square feet, ideal for restaurant, retail, or office use. Above the commercial spaces, you’ll find four charming 2-bedroom, 1-bathroom apartment units, each thoughtfully designed for comfort and efficiency, with 868 square feet of living space. These units are perfect for long-term rentals or vacation getaways in this highly desirable coastal community. The property boasts 21 dedicated parking spaces, ensuring ample convenience for both customers and tenants. Its location offers high visibility and easy access, making it a hub of activity for locals and visitors alike. Whether you're an investor, restaurateur, or property developer, this property combines steady rental income potential with business opportunities, all in the vibrant setting of Tierra Verde. Don’t miss your chance to own a prime piece of real estate in one of Florida’s most sought-after areas. Building SF: 6900 | Land Size: 0.43 Ac | Listing Type: FOR SALE

Market Context

This office in St. Petersburg, FL is listed for sale at $1,599,000 across 6,900 SF ($232/SF). It has been on the market for 24 days. Compare it against other office listings for sale in St. Petersburg, FL — <a href="/search/sale/office/florida/st-petersburg">view the full market</a>.

As of Q1 2026, the Tampa office market showed a 18.2% vacancy rate, average asking rents near $29.00/SF/yr, rents up 18.7% year over year, and cap rates around 7.4%. Source: Consensus Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

What is the typical cap rate for office in Tampa?
About 7.4% as of Q1 2026, per Consensus.
Is the Tampa office market tightening or softening?
Vacancy is around 18.2%, with asking rents rising year over year (Q1 2026).

Unified Estimate

Medium Confidence

$154.33/SF – $208.79/SF

Mid: $181.56/SF

Total estimate for 6,900 SF: $1,252,764

Rate-first confidence-weighted blend with cost-of-business adjustment.

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