The typical asking rate per listing is in the $30's per square foot per year. The Downtown St. Petersburg submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.
In the last 90 days, 317 listings have been posted online, so you'll want to check back regularly for new listings. About 10% of the listings in the Downtown St. Petersburg are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 5,050 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 5 floors. Most buildings in this area were built in 1956 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Downtown St. Petersburg folk. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Downtown St. Petersburg.
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