University Park - South Downtown Office Space

545 4th Ave S - Space St. Petersburg, FL  
Sep 06
770
sqft
Office
1 Beach Dr SE - Floor 3 Downtown St. Petersburg, St. Petersburg, FL Close Points Of Interest.
Sep 06
4,990
sqft
Mixed Use Office Retail
100 2nd Ave S - 2 Spaces St. Petersburg, FL rental rate negotiable
Aug 10
2,330 - 7,470
sqft
Sublease Office

University Park - South Downtown

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
7,010

University Park - South Downtown Rates

Most listings are in the $30's per square foot per year. The University Park - South Downtown region is going through a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 10% decrease in rent.

University Park - South Downtown Listing Supply

In the last 90 days, 230 listings have come on the market, so you'll want to check back regularly for new listings. About 14% of the available leases in the University Park - South Downtown are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 7,010 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 5 stories. Most buildings in this market were built in 1956 and are Class A.

University Park - South Downtown Community

A large portion of this region is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst University Park - South Downtown residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in University Park - South Downtown.
Research