Boca Raton sits in Palm Beach County, one of South Florida’s core commercial markets. Based on 157 recorded commercial sales since 2022, the median sale price in Boca Raton is about $385 per square foot — 9% above the Palm Beach County median of $353/SF.
Half of Boca Raton’s commercial sales closed below that figure. Value-oriented product traded closer to $240/SF at the lower quartile, while prime, waterfront, or newly built assets pushed well higher — the median is the middle of a wide range, not a single "market price."
How Boca Raton compares to nearby Palm Beach cities
Median commercial price per square foot across Palm Beach County submarkets, from recorded sales since 2022:
| City | Median $/SF | Sales |
|---|---|---|
| Delray Beach | $585/SF | 165 |
| Boca Raton | $385/SF | 157 |
| West Palm Beach | $338/SF | 493 |
| Boynton Beach | $334/SF | 121 |
What moves price per square foot in Boca Raton
Price per square foot in Boca Raton swings widely by asset type, submarket, and condition. Retail and multi-story office generally command a premium per foot; warehouse and industrial trade lower; and tenancy, lease terms, and building age move any individual property far from the median. A per-square-foot figure is a screening tool — the real value of a specific property comes from comparable sales for that exact address and asset type.
These are market-wide medians, not a valuation. Pull instant comparable sales on any Boca Raton commercial property and request a free broker opinion of value within one business day — free, and as your rep I'm paid by the other side, not you.
Get a Free Broker Opinion of Value →Price Per SF Calculator →For the full tri-county picture, see the 2026 South Florida Commercial Real Estate Report and the Palm Beach County cost breakdown. To benchmark a number yourself, use the free price per square foot calculator.