Commercial Real Estate Market in Coral Springs, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
314 active listings and 1,413 off-market properties in Coral Springs, FL. Commercial property asks $386/SF to buy and $34.36/SF/Yr to lease.
Market Trends
Coral Springs, FL spans 44.9 square miles in Broward County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Coral Springs, FL asks $332/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 vacancy in Coral Springs, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Coral Springs, 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 Coral Springs, FL asks $382/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
Coral Springs, FL has 201,937 residents in 71,301 households. Density runs 4,495 people per square mile. Median household income here is $111,064 and median gross rent $2,275 a month.
201,937
Population
71,301
Households
2.8
Avg Household Size
38
Median Age
44%
College-Educated
95%
High-School Grad
44.9 sq mi
ZIP Area
4,495
Density / Sq Mi
$111,064
Median Household Income
$53,075
Median Earnings
$2,275
Median Rent
$546,813
Median Home Value
Tools
Lease vs Buy Breakeven
At $34.36/SF/Yr lease vs $386/SF buy → buying wins if held > 1.8 years.
The comparison uses county-wide sale comps against Coral Springs asking rents, so the implied 8.9% gross yield is computed off asking rents rather than a closed-deal cap-rate benchmark. 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 | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Margate | $386 (county avg) | $18.54 |
| Parkland | $386 (county avg) | — |
| North Lauderdale | $386 (county avg) | — |
| Coconut Creek | $386 (county avg) | $27.06 |
Commercial property in Coral Springs, FL asks $386/SF. The 4 bordering markets run from $386/SF in Margate to $386/SF in Margate, and the city sits in line with their $386/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Coral Springs?
Commercial property in Coral Springs, FL asks an average of $386 per square foot. The 7 most recent recorded sales traded at a median of $531/SF. Multifamily carries the highest asking price at $382/SF.
How much does it cost to lease commercial space in Coral Springs?
Asking lease rates in Coral Springs, FL average $34.36 per square foot per year.
Is it cheaper to lease or buy commercial space in Coral Springs?
Buying beats leasing in Coral Springs, FL if the property is held longer than 1.8 years, comparing $34.36/SF/Yr asking rent with $386/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 Coral Springs compare to nearby markets on price?
Coral Springs, FL asks $386/SF against $386/SF in Margate, $386/SF in Parkland, $386/SF in North Lauderdale and $386/SF in Coconut Creek.
Where does Realmo's Coral Springs market data come from?
Realmo compiles Coral Springs, FL figures from 7 recent recorded sales, 169 active sale listings, 145 active lease listings, 1,413 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 169 active for-sale and 145 active for-lease listings in Coral Springs, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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
- the lease-vs-buy comparison mixes county-wide sale comps with city asking rents, 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 30 September 2026 · report a data issue
