Commercial Real Estate Market in South Pasadena, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
4 active listings and 300 off-market properties in South Pasadena, FL.
Market Trends
South Pasadena, FL spans 5.3 square miles in Pinellas County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in South Pasadena, 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 South Pasadena, 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 South Pasadena, 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 South Pasadena, 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
Market overview
Demographics & Economy
South Pasadena, FL has 24,646 residents in 16,579 households. Density runs 4,667 people per square mile. Median household income here is $68,560 and median gross rent $1,512 a month.
24,646
Population
16,579
Households
1.5
Avg Household Size
58
Median Age
40%
College-Educated
95%
High-School Grad
5.3 sq mi
ZIP Area
4,667
Density / Sq Mi
$68,560
Median Household Income
$45,513
Median Earnings
$1,512
Median Rent
$344,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Gulfport | $364 (county avg) | — |
| Kenneth City | $364 (county avg) | — |
Commercial property in South Pasadena, FL asks $364/SF. The 2 bordering markets run from $364/SF in Gulfport to $364/SF in Gulfport, 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 South Pasadena?
Commercial property in South Pasadena, FL asks an average of $364 per square foot. The 6 most recent recorded sales traded at a median of $192/SF, so asking sits 90% above the achieved median. Retail carries the highest asking price at $424/SF.
How does South Pasadena compare to nearby markets on price?
South Pasadena, FL asks $364/SF against $364/SF in Gulfport and $364/SF in Kenneth City.
Where does Realmo's South Pasadena market data come from?
Realmo compiles South Pasadena, FL figures from 6 recent recorded sales, 4 active sale listings, 300 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 0 active for-lease listings in South Pasadena, 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.
- 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 and industrial vacancy is reported at South region level.
- 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
