South Tampa is one of the most established and sought-after submarkets within the greater Tampa area. Known for its tree-lined residential streets, waterfront proximity, and strong demographic profile, South Tampa consistently benefits from a dense, high-income population base that directly supports resilient commercial real estate performance.
This submarket is defined by stability, limited new development constraints, and sustained consumer demand. As a result, commercial corridors in South Tampa tend to experience strong occupancy levels and competitive leasing environments, particularly for well-positioned retail and service-oriented assets. While micro-level vacancy data is limited, the broader Tampa retail market continues to post relatively low vacancy rates, reinforcing investor and tenant confidence in South Tampa’s long-term fundamentals.
Retail Market Overview
South Tampa’s retail landscape is characterized by neighborhood-serving centers, boutique storefronts, and experiential concepts. Demand remains especially strong for tenants that align with local lifestyle preferences, including curated dining, coffee concepts, wellness, and convenience-based retail. Well-located properties along major corridors often see sustained tenant retention and steady foot traffic driven by nearby residential density.
Industrial & Flex Space
Industrial inventory within South Tampa is limited due to the area’s predominantly residential and commercial zoning profile. As a result, industrial users typically look to nearby submarkets, while South Tampa itself leans more toward service-based, flex, and small-scale operational spaces that support local businesses rather than heavy logistics or manufacturing.
Office & Mixed-Use Trends
Office space in South Tampa benefits from a professional tenant base, including medical, legal, financial, and boutique firms seeking proximity to high-income residential neighborhoods. Mixed-use developments continue to perform well where zoning allows, blending retail activation on the ground floor with office or residential above.
Best Suited For
South Tampa is particularly well-positioned for:
Specialty and boutique retail concepts
Food & beverage operators focused on experiential dining
Personal services (fitness, wellness, beauty, medical aesthetics)
Professional office users seeking prestige locations
Neighborhood-oriented convenience retail
Overall, South Tampa remains one of the most durable and demand-driven commercial submarkets in the Tampa region, supported by strong demographics, limited supply growth, and consistent consumer spending power.
95,915 people live in South Tampa, where the median age is 40 and the average individual income is $81,301. Data provided by the U.S. Census Bureau.
Total Population
Median Age
Population Density Population Density This is the number of people per square mile in a neighborhood.
Average individual Income
South Tampa has 43,475 households, with an average household size of 2. Data provided by the U.S. Census Bureau. Here’s what the people living in South Tampa do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 95,915 people call South Tampa home. The population density is 6,804.483 and the largest age group is Data provided by the U.S. Census Bureau.
Total Population
Population Density Population Density This is the number of people per square mile in a neighborhood.
Median Age
Men vs Women
Population by Age Group
0-9 Years
10-17 Years
18-24 Years
25-64 Years
65-74 Years
75+ Years
Education Level
Total Households
Average Household Size
Average individual Income
Households with Children
With Children:
Without Children:
Marital Status
Blue vs White Collar Workers
Blue Collar:
White Collar:
Get assistance in determining the current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact Alan today.
