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Shopping Center & Retail Center Property Values in South Florida

Community and regional shopping centers are income-driven investments valued on anchor tenancy, lease structure, and cap rate. Per-foot pricing is lower than single-tenant retail because of size, but total values run into the tens of millions. Across the tri-county market the median is about $312/SF, spanning 1,292 parcels and 236 sales since 2020. Search any specific property for its own comps.

$312
Median $/SF (2022+)
1,292
Parcels tri-county
236
Sales since 2020
3
Counties covered

Selling or refinancing?

Own shopping centers and retail centers? Get a comp-driven value range, exit scenarios, and net-to-owner math — free, within one business day.

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Buying or making an offer?

Evaluating a shopping center & retail center acquisition? Know what comparable properties sold for before you offer, with Justin on your side of the table.

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Recent shopping center & retail center sales

Selected arms-length sales across South Florida, most recent first.
AddressCitySoldPriceSize (SF)$/SF
12651 S Dixie HwyPinecrestDec 2025$42.50M96,075$442
5024 W Atlantic AveDelray BeachJan 2026$30.00M70,426$426
5850 Atlantic AveDelray BeachSep 2025$15.45M63,176$245
19904 Nw 2 AveMiami GardensDec 2025$12.00M62,839$191
3969 S Military TrlGreenacresNov 2025$7.00M16,294$430
These are market-wide sales. For the value of a specific shopping center & retail center property, use the free BOV tool — it pulls the exact comps and Justin follows up with a full broker opinion of value.

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Frequently asked

What are shopping center & retail center properties worth in South Florida?

The median sale price for shopping centers and retail centers across Broward, Miami-Dade, and Palm Beach is about $312 per building square foot (arms-length sales since 2022). The exact figure for a given property depends on location, income, and condition.

How many shopping center & retail center properties trade in South Florida?

The database tracks 1,292 such parcels tri-county, with 236 arms-length sales recorded since 2020.

Do you value this property type for buyers as well as sellers?

Yes. Justin Crow provides a free broker opinion of value for owners considering a sale and for buyers evaluating an acquisition, with the analysis on the buyer or tenant's side.

What’s your shopping center & retail center property worth?

Search the specific property for instant comps, then get a free broker opinion of value within one business day — buying or selling.