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What commercial property actually sold for in Palm Beach

29 single-parcel commercial transactions recorded in Palm Beach County between 2021–2026, straight from the property appraiser’s records — address, size, price and price per square foot. Not asking prices. What buyers paid.

$1,209Median $/SF
$14,000,000Median price
29Sales on record
2021–2026Period

Recent recorded sales

Most recent first. Building area is the appraiser’s figure; price per square foot is the recorded price divided by that area.

AddressTypeBldg SFYear Price$/SF
150 WORTH AVE
33480 · built 1979
Retail128,7792026$200.00M$1,553
151 WORTH AVE
33480 · built 2000
Retail48,5782025$80.50M$1,657
255 ROYAL POINCIANA WAY
33480 · built 1925
Retail4,2132025$8.50M$2,017
317 PERUVIAN AVE
33480 · built 2002
Office6,4742025$8.40M$1,297
95 N COUNTY RD
33480 · built 1936
Office13,9322024$28.00M$2,009
222 ROYAL PALM WAY
33480 · built 1989
Office11,6942024$18.66M$1,596
233 ROYAL POINCIANA WAY
33480 · built 1945
Retail6,5662024$12.00M$1,827
249 ROYAL POINCIANA WAY
33480 · built 1922
Retail5,6062024$11.50M$2,051
175 BRADLEY PL
33480 · built 1932
Office2,1452024$3.90M$1,818
125 WORTH AVE
33480 · built 1974
Office49,4012023$83.00M$1,680
375 S COUNTY RD
33480 · built 1984
Office16,6922023$18.34M$1,098
189 BRADLEY PL
33480 · built 1928
Retail5,0532023$5.45M$1,078
363 COCOANUT ROW
33480 · built 1918
Other commercial32,7582022$42.00M$1,282
350 ROYAL PALM WAY
33480 · built 1968
Office25,7762022$20.25M$785
184 SUNSET AVE
33480 · built 1926
Retail14,0862022$17.00M$1,206
340 ROYAL PALM WAY
33480 · built 1974
Office21,6322022$12.71M$587
283 ROYAL POINCIANA WAY
33480 · built 1923
Retail11,6402022$11.00M$945
2720 S OCEAN BLVD
33480 · built 1967
Other commercial42,9422022$10.23M$238
353 PERUVIAN AVE
33480 · built 1958
Retail6,9262022$8.80M$1,270
262 SUNSET AVE
33480 · built 1921
Office3,8782022$5.00M$1,289
440 ROYAL PALM WAY
33480 · built 1986
Office61,3362021$37.82M$616
219 WORTH AVE
33480 · built 1929
Retail12,9042021$23.76M$1,841
223 SUNSET AVE
33480 · built 1984
Office22,6892021$23.00M$1,013
324 ROYAL PALM WAY
33480 · built 1960
Office26,4302021$18.50M$699
450 ROYAL PALM WAY
33480 · built 1962
Office33,0182021$17.00M$514
139 N COUNTY RD
33480 · built 1926
Retail35,9922021$14.00M$388
218 ROYAL PALM WAY
33480 · built 1946
Office12,4462021$8.50M$682
209 PHIPPS PLZ
33480 · built 1926
Office6,5912021$7.97M$1,209
231 BRADLEY PL
33480 · built 1987
Office5,8002021$6.95M$1,198

Median $/SF by year

YearSalesMedian $/SF
20219$699
20228$1,076
20233$1,098
20245$1,827
20253$1,657
20261$1,553

Thin years move a lot on a handful of transactions. Read the direction, not the decimal.

If you own commercial property in Palm Beach

Office product is what trades here — 16 of the 29 recorded sales (55%), at a median of $1,148 per foot. The rest splits across retail ($1,553/SF), other commercial ($760/SF).

Palm Beach runs 308% above the Palm Beach County median of $296/SF. That gap is not a verdict on any one building — it reflects what kind of product sits inside the city limits and how old it is — but it does mean a countywide average will understate what your parcel is likely to fetch.

Across the period on record, median pricing has risen about 72% — roughly $888/SF in the earlier years against $1,527/SF in the later ones. On 29 transactions that is a direction, not a forecast.

Note the spread by product type: $760 to $1,553 per foot inside the same city. Anyone quoting you one Palm Beach number without asking what you own is guessing.

None of this is your number. What a specific building brings turns on what the leases say, who is in the space and for how long, the condition of the roof and the parking field, and whether the zoning permits something the current use does not.

Find out what yours would bring

First name and email. I’ll pull your parcel’s county record and send a supported range with the comparable sales behind it.

No obligation, and no listing agreement attached to it. If the answer is “hold,” I’ll tell you that.

Common questions

What is commercial property selling for in Palm Beach?

Across 29 single-parcel commercial sales recorded between 2021–2026, the median was $1,209 per square foot of building area, and the median transaction price was $14,000,000. Per-foot pricing varies widely by product type: Office $1,148/SF (16) , Retail $1,553/SF (11) , Other commercial $760/SF (2). Those are recorded county figures, not asking prices.

How many commercial properties have sold in Palm Beach recently?

County records show 29 qualifying single-parcel commercial transactions from 2021–2026. Multi-parcel portfolio deals are excluded from that count because their prices are booked across several folios and cannot be attributed to one building.

What kind of commercial property trades most in Palm Beach?

Office accounts for 16 of the 29 recorded sales, at a median of $1,148 per square foot. Retail records 11 sales at a $1,553/SF median. Other commercial records 2 sales at a $760/SF median.

Is a Palm Beach median a fair estimate of my building's value?

Only as a starting point. Median $/SF across this market is $1,209, but the range between product types here runs from $760 to $1,553 per foot — and inside any one type, lease structure, remaining term, condition and zoning capacity move the number further. A broker opinion of value prices your specific parcel against the comps that genuinely apply to it.

Sold data in nearby Palm Beach County markets

See all 67 markets →

County property appraiser records, public information. Single-parcel transactions only. Not an appraisal. How these figures are filtered →

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