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.
| 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. | |||
| 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 |
| 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 |
| 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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