Commercial Real Estate Market in Big Pine Key, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
30 active listings and 134 off-market properties in Big Pine Key, FL. Commercial property asks $1,065/SF to buy and $29.17/SF/Yr to lease.
Market Trends
Big Pine Key, FL spans 16.6 square miles in Monroe County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Big Pine Key, FL asks $513/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Big Pine Key, FL asks $651/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Big Pine Key, FL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Big Pine Key, FL asks $723/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
Big Pine Key, FL has 4,661 residents in 3,003 households. Density runs 280 people per square mile. Median household income here is $92,955 and median gross rent $2,017 a month.
4,661
Population
3,003
Households
1.6
Avg Household Size
54
Median Age
27%
College-Educated
94%
High-School Grad
16.6 sq mi
ZIP Area
280
Density / Sq Mi
$92,955
Median Household Income
$47,194
Median Earnings
$2,017
Median Rent
$563,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Summerland Key | — | — |
| Cudjoe Key | — | — |
Commercial property in Big Pine Key, FL asks $1,065/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Big Pine Key?
Commercial property in Big Pine Key, FL asks an average of $1,065 per square foot. The 7 most recent recorded sales traded at a median of $483/SF, so asking sits 120% above the achieved median. Multifamily carries the highest asking price at $723/SF.
How much does it cost to lease commercial space in Big Pine Key?
Asking lease rates in Big Pine Key, FL average $29.17 per square foot per year.
Where does Realmo's Big Pine Key market data come from?
Realmo compiles Big Pine Key, FL figures from 8 recent recorded sales, 26 active sale listings, 4 active lease listings, 134 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 26 active for-sale and 4 active for-lease listings in Big Pine Key, FL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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 30 September 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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 30 September 2026 · report a data issue
