Market Data › Palm Beach Office
Submarket Report · Updated Aug 2026

Palm Beach price report.

One-story, multi-story, and professional-services office pricing across Palm Beach County — from recorded sales since 2022, with cross-county context and the city price ladder.

Median office — Office Building, 1 story
$354/SF
302 recorded office sales since 2022 in Palm Beach.

Palm Beach by asset type

Office Building, 1 story
$354/SF · 302
Office Building, multi-story
$211/SF · 26
Professional Services
$467/SF · 93

Office Building, 1 story: Office Building, 1 story vs. other counties

Broward
$383/SF · 166
Miami-Dade
$556/SF · 195
Palm Beach
$354/SF · 302

Palm Beach city price ladder (all commercial)

Median $/SF across all commercial asset types, top cities by sales volume.

Palm Beach
$1575/SF · 24
Royal Palm Beach
$700/SF · 26
Delray Beach
$585/SF · 165
Wellington
$500/SF · 13
Palm Beach Gardens
$383/SF · 47
North Palm Beach
$383/SF · 21
Boca Raton
$372/SF · 147
Jupiter
$369/SF · 99
Lantana
$352/SF · 36
Palm Springs
$343/SF · 52
Why this matters. Owners use these benchmarks to sanity-check a listing price; buyers use them to spot mispriced deals. The median is a starting range — the defensible number for a specific building comes from a full comps set. Run the price benchmark or request a Broker Opinion of Value.

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Value a specific property →

Recorded, arm’s-length, building-improved commercial sales since 2022. Compiled by Justin Crow, Mattis Advisors. For reference — not an appraisal.

Frequently asked

What is the median price per square foot for office in Palm Beach?

The median office (office building, 1 story) trades around $354/SF based on recorded sales since 2022. Other office asset types and specific cities vary — see the breakdown above.

How should I use these numbers?

Treat them as a submarket benchmark, not a valuation of any single building. Condition, location within the city, lease income, and land all move the figure. For a specific property, use the price benchmark tool or request a Broker Opinion of Value.