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 County — $526/SF county median
| City | Median $/SF | Sales |
|---|---|---|
| Miami Beach | $1309/SF | 581 |
| Aventura | $887/SF | 106 |
| Coral Gables | $847/SF | 248 |
| Miami | $765/SF | 1566 |
| Doral | $508/SF | 553 |
Palm Beach County — $353/SF county median
| 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 |
Broward County — $340/SF county median
| City | Median $/SF | Sales |
|---|---|---|
| Fort Lauderdale | $415/SF | 426 |
| Hollywood | $361/SF | 206 |
| Deerfield Beach | $347/SF | 136 |
| Coral Springs | $316/SF | 116 |
| Pompano Beach | $288/SF | 275 |
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.
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.
Frequently asked questions
What is the average commercial price per square foot in South Florida?
Based on recorded arms-length sales since 2022, the median is about $526/SF in Miami-Dade, $353/SF in Palm Beach, and $340/SF in Broward, with wide variation by city — from the high $200s in value submarkets to well over $1,000/SF for prime Miami-Dade assets.
Why does commercial price per square foot vary so much between cities?
It reflects location desirability, asset type mix, building age, and demand. Waterfront and dense urban cores like Miami Beach and Coral Gables command large premiums per foot, while industrial-heavy submarkets trade far lower. Comparing a property to its own city and asset type matters more than a regional average.