Price per square foot calculator.

Divide price by size to get $/SF — then see how it stacks up against real South Florida sale medians by county and asset type, pulled from tri-county recorded sales. Most calculators start blank; this one starts with the market.

Price / value

Building size

Benchmark against South Florida median

Price per square foot

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These benchmarks are tri-county medians from recorded arms-length commercial sales (2022 onward). They’re a starting point, not a valuation — your specific property varies by submarket, condition, and lease terms in place. For real comps on a specific address, pull a free broker opinion of value.

Why the benchmark matters

Price per square foot is the great equalizer for comparing commercial properties of different sizes: total price divided by building square footage. On its own it means little — the power is in the benchmark. This tool measures your number against median sale prices from recorded South Florida arms-length sales, by county and by asset type, so you can instantly see whether a listing is priced above or below the market.

Example. An 8,000-square-foot building listed at $2,300,000 works out to $288 per square foot. In Broward County, where the commercial median is about $340 per square foot, that is roughly 15% below market — a signal to dig into why (older building, weaker location, or genuine value) rather than a verdict on its own.

Frequently asked questions

How do you calculate price per square foot?

Divide the total price or value by the building’s square footage. A $2,300,000 property with 8,000 SF is $287.50/SF. It’s the quickest way to compare pricing across properties of different sizes.

What is the average price per square foot for commercial property in South Florida?

Based on recorded arms-length sales (2022 onward), median price per square foot runs about $526 in Miami-Dade, $352 in Palm Beach, and $340 in Broward across all commercial types. It varies widely by asset type — from roughly $293/SF for warehouse to over $1,000/SF for hospitality.

Is a lower price per square foot always better?

Not necessarily. A low $/SF can reflect a weaker location, older building, deferred maintenance, or below-market rents — or a genuine bargain. Always read the number against comparable sales for that asset type and submarket, not in isolation.

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Estimates are for planning only and use simplified assumptions — not tax, legal, or investment advice. Verify with your lender, CPA, and a full broker analysis before acting.