Most listings are in the $30's per square foot per year. The Downtown St. Petersburg submarket is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.
In the last 90 days, 42 listings have been posted online, so you'll want to check back regularly for new listings. About 81% of the available space in the Downtown St. Petersburg 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 5,630 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 5 stories. Most buildings in this region were built in 1953 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 occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.