Commercial Real Estate Market in Belleair, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
7 active listings and 184 off-market properties in Belleair, FL.
Market Trends
Belleair, FL spans 7.2 square miles in Pinellas County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Belleair, FL asks $257/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Belleair, FL asks $424/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Belleair, FL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Belleair, FL asks $339/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 47%
- Planned_development 31.6%
- Mixed use 2.1%
- Industrial 1.1%
- Civic 0.7%
- Commercial 0.5%
Largest Zones share of zoned land by district
Residential Planned Development
Single Family Residential
Golf Course District
Single Family Residential
Estate Residential
Residential Planned Development (RPD)
This district allows variable-density areas with supporting service facilities
Market overview
Demographics & Economy
Belleair, FL has 31,807 residents in 15,474 households. Density runs 4,411 people per square mile. Median household income here is $63,990 and median gross rent $1,382 a month.
31,807
Population
15,474
Households
2.1
Avg Household Size
48
Median Age
30%
College-Educated
91%
High-School Grad
7.2 sq mi
ZIP Area
4,411
Density / Sq Mi
$63,990
Median Household Income
$38,563
Median Earnings
$1,382
Median Rent
$335,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Clearwater | $364 (county avg) | $37.93 |
| Largo | $364 (county avg) | $19.64 |
Commercial property in Belleair, FL asks $364/SF. The 2 bordering markets run from $364/SF in Clearwater to $364/SF in Clearwater, and the city sits in line with their $364/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Belleair?
Commercial property in Belleair, FL asks an average of $364 per square foot. The 5 most recent recorded sales traded at a median of $178/SF, so asking sits 105% above the achieved median. Retail carries the highest asking price at $424/SF.
How does Belleair compare to nearby markets on price?
Belleair, FL asks $364/SF against $364/SF in Clearwater and $364/SF in Largo.
Where does Realmo's Belleair market data come from?
Realmo compiles Belleair, FL figures from 5 recent recorded sales, 6 active sale listings, 1 active lease listings, 184 tracked off-market properties, the current Belleair zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 1 active for-lease listings in Belleair, FL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 980 zoned acres across 12 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
