Q1-Q2 2026 Pinellas County Retail Sales Report | Verdad CRE



Verdad Commercial Real Estate ServicesMarket Intelligence
Q1–Q2 2026  •  January – June
Pinellas County
Retail Sales Report
Pinellas County, Florida
34
Qualified Sales
$87.8M
Total Volume
$242
Median $/SF
$1.64M
Median Price
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Executive Summary

Pinellas County recorded 34 qualified retail sales during the first half of 2026, totaling $87.8M in transaction volume across improved commercial parcels. Dollar volume held nearly flat quarter-over-quarter, with $44.8M across 19 sales in the first quarter and $43.0M across 15 sales in the second, but transaction composition shifted toward fewer, larger deals: average sale price rose from $2,357,753 in Q1 to $2,869,567 in Q2. The period’s largest transaction was the June sale of the neighborhood shopping center at 1495 Main Street in Dunedin for $17.5 million (90,791 SF, built 1985), the only sale to clear the $10 million institutional threshold. Excluding that deal, the remaining 33 sales totaled $70.3 million at a median price of $1.56 million. Median price per square foot across the period was $242, and the six transactions with reported closing cap rates traded in a 5.86%–8.18% band, averaging 6.90%. Qualified sales represent arm’s-length transfers of improved retail parcels recorded by the Pinellas County Property Appraiser at $750,000 and above.

Key Market Metrics
$87.8M
Total Volume
$2,583,553
Average Sale Price
$1,637,150
Median Sale Price
$242
Median $/SF
Monthly Activity
Month Sales Total Volume Avg Price
January 9 $23.0M $2,551,689
February 6 $17.4M $2,895,350
March 4 $4.5M $1,115,000
April 6 $12.6M $2,100,833
May 6 $9.8M $1,639,750
June 3 $20.6M $6,866,667
Monthly volume was steadiest in January and February before a March lull, then rebuilt through the spring. June alone produced $20.6 million on just three sales, driven by the Dunedin center.
Sales by Property Type
Type Sales Total Vol Med $/SF
Strip Center (2+ Stores) 16 $33.6M $213
Neighborhood Shopping Center 1 $17.5M $193
Commercial Condo 3 $15.9M
Restaurant / Food Service 3 $5.3M $272
Single-Tenant Store 2 $4.6M $162
Auto / Marine Service 2 $3.9M $253
Store w/ Office or Apartment 4 $3.7M $305
Auto Sales / Rental 3 $3.3M $275
Sales by Submarket
Submarket Sales Volume Med $/SF
St Petersburg 10 $25.4M $302
Largo 11 $20.5M $286
Dunedin 1 $17.5M $193
Clearwater 7 $17.1M $148
Gulfport 1 $2.4M $242
Seminole 1 $1.8M $95
Tarpon Springs 1 $1.4M $183
Redington Shores 1 $0.9M $403
South Pasadena 1 $0.8M $238

Complete Sales Log
Date Address City Sale Price Bldg SF $/SF Yr
01/02/26 5625 4Th St N St Petersburg $2,700,000 7,716 $350 1983
01/05/26 2955 Central Ave St Petersburg $1,090,200 3,615 $302 1918
01/06/26 2198 Ne Coachman Rd Clearwater $3,300,000 24,632 $134 1979
01/08/26 3350 Central Ave St Petersburg $3,550,000 15,144 $234 1993
01/15/26 28384 Us Highway 19 N Clearwater $1,800,000 6,000 $300 2003
01/16/26 1506 54Th Ave N St Petersburg $2,325,000 6,960 $334 1957
01/27/26 10 Bay Esplanade Clearwater $5,600,000 11,869 1926
01/27/26 12541 Ulmerton Rd Largo $1,225,000 12,005 $102 1980
01/29/26 813 Dodecanese Blvd Tarpon Springs $1,375,000 7,515 $183 1968
02/06/26 7398 46Th Ave N St Petersburg $1,112,100 8,111 $137 1974
02/09/26 206 West Bay Dr Largo $1,075,000 12,006 $90 1926
02/12/26 445 99Th Ave N St Petersburg $3,850,000 11,647 $331 2016
02/20/26 3030 East Bay Dr Largo $835,000 3,036 $275 1976
02/25/26 210 Madonna Blvd St Petersburg $7,500,000 10,072 2016
02/27/26 9483 Ulmerton Rd Largo $3,000,000 10,496 $286 1986
03/02/26 2850 Roosevelt Blvd Largo $1,325,000 3,479 $381 1951
03/05/26 2140 Drew St Clearwater $1,510,000 10,234 $148 1980
03/12/26 1787 Indian Rocks Rd S Largo $750,000 7,062 $106 1973
03/25/26 2865 Central Ave St Petersburg $875,000 2,833 $309 2024
04/02/26 4895 East Bay Dr # 110 Largo $4,940,700 7,696 $642 2023
04/22/26 13789 Walsingham Rd Largo $1,060,000 2,600 $408 2004
04/22/26 2834 Beach Blvd S Gulfport $2,400,000 9,897 $242 1926
04/29/26 2901 Tyrone Blvd N St Petersburg $1,560,000 5,740 $272 1967
04/30/26 7375 Ulmerton Rd Largo $1,714,300 7,740 $221 1972
04/30/26 17729 Gulf Blvd Redington Shores $930,000 2,310 $403 1949
05/06/26 800 Pasadena Ave S South Pasadena $800,000 3,355 $238 1951
05/07/26 559 49Th St S St Petersburg $850,000 7,675 $111 1949
05/11/26 1239 S Lincoln Ave Clearwater $900,000 4,100 $220 1968
05/14/26 2181 Gulf To Bay Blvd Clearwater $2,850,000 4,087 2016
05/14/26 2401 East Bay Dr Largo $2,608,500 4,803 $543 2004
05/15/26 11600 Seminole Blvd Seminole $1,830,000 19,360 $95 1957
06/08/26 8700 Ulmerton Rd Largo $2,000,000 3,093 $647 2005
06/09/26 1745 Drew St Clearwater $1,100,000 8,555 $129 1974
06/15/26 1495 Main St Dunedin $17,500,000 90,791 $193 1985
Institutional transactions of $10M or above are included in the log. $/SF is computed on gross building area; land-coded parcels are shown as —.

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  • All 34 qualified retail transactions at $750,000 and above
  • Complete sales log with address, sale price, $/SF, and year built
  • Quarter-over-quarter comparison and monthly activity detail
  • Sales by property type, submarket, price band, and building vintage
  • Top 10 transactions, methodology, and full disclaimer

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