Bayview — Sale in St. Petersburg, FL

  • Price: $10M
  • Listing type: For sale
  • Asset type: Office
  • Location: St. Petersburg, FL 33716
  • Size: 72,751 SF

Investment Figures

Price per square foot
$137

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

An angled glass and gray brick building set amid award winning landscaping.

Market Context

This office in St. Petersburg, FL is listed for sale at $10,000,000 across 72,751 SF. It has been on the market for 239 days. Compare it against other office listings for sale in St. Petersburg, FL — view the full market.

As of Q1 2026, the Tampa office market showed an 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: multiple brokerage reports, Q1 2026.

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 multiple brokerage reports.
Is the Tampa office market tightening or softening?
Vacancy is around 18.2%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$271.77/SF – $367.69/SF

Mid: $319.73/SF

Estimated total for 72,751 SF: $23,260,677 per year

Rate estimator only; cost-of-business estimate unavailable.

Contact

  • Rick Brugge — Cushman and Wakefield

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