Commercial Real Estate in Florida
Unlock property data on all 3,051,719 commercial properties in Florida. Search across 76 counties to find the Florida property records you need, and get in touch with Commercial Real Estate owners in any market. Discover off-market properties likely to sell, refinance, or renovate, or find recent buyers and sellers.
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Florida Commercial Real Estate Quick Facts:
- Florida has just under 3 million commercial properties in total
- The largest asset type in Florida by volume is vacant land, with over 1.9 million parcels
- There are 224,000 multifamily properties in Florida
- 350,000 of Florida’s commercial properties are located in Opportunity Zones
- Florida’s most populous county, Miami-Dade, has 150,000 commercial properties
Florida Commercial Real Estate Market Overview:
From Miami, to Tampa, to Orlando, and on, Florida is a gigantic real estate landscape driven by its depth and variety of asset types and markets. Multifamily, office, and warehouse development are largely the moves being made throughout the state. A number of other projects are either underway or have recently opened as well—take Sparkman Wharf for example, Tampa’s newest waterfront development project that opened in November 2018.
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Florida commercial real estate sold prices and values
|Values and sold prices (last 24 months)||United States||Florida|
|Average sold price||$1,117,563||$747,967|
|Median sold price||$197,898||$179,606|
|Number of sales||3,902,326||428,129|
|Number of sales over $250k||1,658,544||166,732|
|Number of sales over $1m||383,309||35,894|
|Number of sales over $10m||55,529||5,200|
|Average total tax amount||$9,284||$5,231|
|Average assessed value||$314,793||$261,309|
|Average market value||$404,302||$294,538|
Florida commercial real estate property averages
|Property averages||United States||Florida|
|Average lot size||816,718 sf||321,069 sf|
|Median lot size||24,408 sf||13,421 sf|
|Average building area||1,096 sf||1,852 sf|
|Median building area||77 sf||99 sf|
|Median year built||1970||1983|
|Average number of units||16||16|
|Median number of units||2||2|
Florida commercial real estate total supply
|Number of parcels||58,289,378||3,086,281|
|Aggregate lot acerage||993,306,397||17,544,714|
|Aggregate building area||8,102,395,269 sf||1,023,917,440 sf|
Florida commercial real estate industrial mortgages
|Number of mortgages||41,608,099||2,596,327|
|Average value of mortgages||$5,187,372||$4,092,052|