Market Data

Commercial Real Estate Price Per Square Foot in South Florida by City

By Justin Crow · Mattis AdvisorsJuly 2026South Florida
Commercial Real Estate Price Per Square Foot in South Florida by City

Commercial price per square foot varies enormously across South Florida — from the high $200s in value submarkets to well over $1,000 for prime Miami-Dade assets. The figures below are median sale prices per square foot from recorded arms-length commercial sales since 2022, by city, across Broward, Palm Beach, and Miami-Dade.

Miami-Dade median
$526
Palm Beach median
$353
Broward median
$340

Miami-Dade County — $526/SF county median

CityMedian $/SFSales
Miami Beach$1309/SF581
Aventura$887/SF106
Coral Gables$847/SF248
Miami$765/SF1566
Doral$508/SF553

Palm Beach County — $353/SF county median

CityMedian $/SFSales
Delray Beach$585/SF165
Boca Raton$385/SF157
West Palm Beach$338/SF493
Boynton Beach$334/SF121

Broward County — $340/SF county median

CityMedian $/SFSales
Fort Lauderdale$415/SF426
Hollywood$361/SF206
Deerfield Beach$347/SF136
Coral Springs$316/SF116
Pompano Beach$288/SF275

These are market-wide medians and a screening tool, not a valuation — any specific property varies by asset type, submarket, condition, and lease terms. To benchmark a number, use the free price per square foot calculator; for real comps on a specific address, request a free broker opinion of value.

What is a specific South Florida property worth?

These are market-wide medians, not a valuation. Pull instant comparable sales on any South Florida 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 →

See also the 2026 South Florida Commercial Real Estate Report for pricing by county and asset type.