Commercial Real Estate in Florida | Reonomy

Commercial Real Estate in Florida

Unlock property data on all 3,052,223 commercial properties in Florida. Search across 81 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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  • Click here for recent updates on South Florida CRE.
  • Click here for recent updates on Orlando’s CRE market.
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Popular searches around Florida

Reonomy attracts a large community of Florida commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Florida commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Florida
Average price/sqft $901 $815
Average sold price $1,040,193 $739,317
Median sold price $197,719 $166,929
Number of sales 3,467,676 385,794
Number of sales over $250k 1,471,021 146,280
Number of sales over $1m 331,728 31,487
Number of sales over $10m 44,553 4,617
Average total tax amount $7,047 $4,456
Average assessed value $252,055 $200,427
Average market value $355,886 $221,989

Florida commercial real estate property averages

Property averages United States Florida
Average lot size 816,547 sf 321,281 sf
Median lot size 24,451 sf 13,469 sf
Average building area 1,078 sf 1,670 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

Supply United States Florida
Number of parcels 58,466,290 3,087,052
Aggregate lot acerage 1,006,172,965 17,578,013
Aggregate building area 8,055,272,149 sf 926,342,478 sf
Aggregate units 90,008,311 6,924,925

Florida commercial real estate industrial mortgages

Debt United States Florida
Number of mortgages 41,924,523 2,605,701
Average value of mortgages $5,197,370 $4,141,758

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