Pinellas County Retail Market Report, H1 2026

Pinellas County Retail Market Report, H1 2026

In the first half of 2026, Pinellas County recorded 34 qualified retail sales totaling $87.8M. The median sale price was $1,637,150 and the median price per square foot was $242.

  • $87.8MH1 2026 Total Volume
  • 34H1 2026 Qualified Sales
  • $1,637,150H1 2026 Median Price
  • $242H1 2026 Median $/SF

Key figures

Quarter Sales Volume Median Price Median $/SF
Q1 2026 19 $44.8M $1,510,000 $275
Q2 2026 15 $43.0M $1,714,300 $240

The June sale of 1495 Main St in Dunedin ($17.5M) is the period’s only institutional transaction. Reported closing cap rates on six corroborated deals ranged 5.86% to 8.18%, averaging 6.90%.

Volume by property type

Property type Volume Share of H1
Strip Center $33.6M 38.3%
Neighborhood Ctr $17.5M 19.9%
Commercial Condo $15.9M 18.1%
Restaurant / Food $5.30M 6.0%
Single-Tenant $4.60M 5.2%
Auto / Marine Svc $3.90M 4.4%
Store w/ Office $3.70M 4.2%
Auto Sales / Rental $3.30M 3.8%

Volume by submarket

Submarket Volume Share of H1
St Petersburg $25.4M 28.9%
Largo $20.5M 23.3%
Dunedin $17.5M 19.9%
Clearwater $17.1M 19.5%
Gulfport $2.40M 2.7%
Seminole $1.80M 2.1%
Tarpon Springs $1.40M 1.6%
Redington Shores $0.90M 1.0%
South Pasadena $0.80M 0.9%

How this data was compiled

Qualified arm’s-length sales of improved retail parcels at $750,000 and above, per Pinellas County Property Appraiser records. Institutional transactions are defined as sales of $10 million and above. Figures are compiled by Verdad Commercial Real Estate Services from county property appraiser records and are current as of the H1 2026 reporting period.

Full report with the complete sales log. The detailed Pinellas Retail report includes every qualified transaction for the period with addresses, buyers, sellers, dates, unit counts and pricing, plus size class and vintage analysis. Download the full Pinellas County Retail H1 2026 report.

About this research

Verdad Commercial Real Estate Services is a commercial brokerage in Clearwater, Florida, covering retail and multifamily investment sales, leasing and property management across Tampa Bay. We publish quarterly sales research for Pinellas, Hillsborough and Polk counties. See the full sales report library and live market dashboard, or contact our team at (727) 625-4725.

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