Office for Sale in St. Petersburg, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: St. Petersburg, FL 33701

Description

13,542 RSF Sublease Available in Downtown St. Petersburg Located in the heart of Downtown St. Petersburg, the building at 300 1st Ave S offers a professional and modern presence within one of the city’s most walkable districts. The five‑story Class A office building features reflective glass architecture, a high entryway, and on‑site amenities including controlled access and a fitness center, all designed to support a convenient and contemporary work experience. The property sits at the vibrant intersection of 1st Avenue South and 3rd Street South, steps away from an array of restaurants, hotels, cafés, and retail services that make the area highly desirable for employees and visitors alike. With excellent walk, bike, and transit scores and close proximity to downtown’s waterfront parks, cultural attractions, and new luxury developments, this location offers both prime accessibility and a polished, urban atmosphere ideal for business.

Market Context

This office in St. Petersburg, FL is listed for sale. It has been on the market for 148 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

$136.99/SF – $185.33/SF

Mid: $161.16/SF

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

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