Commercial Real Estate Market in Altamonte Springs, FL

Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31

120 active listings and 1,014 off-market properties in Altamonte Springs, FL. Commercial property asks $314/SF to buy and $22.00/SF/Yr to lease.

Market overview

Demographics & Economy

Altamonte Springs, FL has 61,314 residents in 28,807 households. Density runs 4,343 people per square mile. Median household income here is $65,312 and median gross rent $1,629 a month.

61,314
Population
28,807
Households
2.1
Avg Household Size
38
Median Age
36%
College-Educated
92%
High-School Grad
14.1 sq mi
ZIP Area
4,343
Density / Sq Mi
$65,312
Median Household Income
$38,820
Median Earnings
$1,629
Median Rent
$279,323
Median Home Value

Tools

Business Placement

Lease vs Buy Breakeven

At $22.00/SF/Yr lease vs $314/SF buy → buying wins if held > 3.2 years.

At a 7% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.

Nearby Markets

Market Median Asking Price, $/SF Median Asking Rent, $/SF/Yr
Maitland $231 $16.89
Casselberry $242 $13.50
Longwood $226 $20.00
Winter Park $415 $25.00

Commercial property in Altamonte Springs, FL asks $314/SF. The 4 bordering markets run from $226/SF in Longwood to $415/SF in Winter Park, and the city sits above their $236/SF median.

Frequently Asked Questions

What is the median price per square foot for commercial property in Altamonte Springs?
Commercial property in Altamonte Springs, FL asks a median of $314 per square foot. The 7 most recent recorded sales traded at a median of $269/SF, so the asking price sits 17% above the achieved median.
How much does it cost to lease commercial space in Altamonte Springs?
The median asking lease rate in Altamonte Springs, FL is $22.00 per square foot per year.
Is it cheaper to lease or buy commercial space in Altamonte Springs?
Buying beats leasing in Altamonte Springs, FL if the property is held longer than 3.2 years, comparing $22.00/SF/Yr asking rent with $314/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
How does Altamonte Springs compare to nearby markets on price?
Altamonte Springs, FL asks $314/SF, against $231/SF in Maitland, $242/SF in Casselberry, $226/SF in Longwood and $415/SF in Winter Park. Longwood is the cheapest entry point at 28% below Altamonte Springs pricing, with $20.00/SF/Yr asking rents.
Where does Realmo's Altamonte Springs market data come from?
Realmo compiles Altamonte Springs, FL figures from 7 recent recorded sales, 32 active sale listings, 88 active lease listings, 1,014 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 October 2026.
Methodology & data sources
Asking prices and medians
There are 32 active for-sale and 88 active for-lease listings in Altamonte Springs, FL. The medians are based on 14 of the for-sale and 13 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
Vacancy rates
Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
Refresh
The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
Known limitations
office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
Coverage
Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.

Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue