Commercial Real Estate Market in Davie, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
114 active listings and 1,389 off-market properties in Davie, FL. Commercial property asks $386/SF to buy and $21.08/SF/Yr to lease.
Market Trends
Davie, FL spans 87.1 square miles in Broward County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Davie, 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 Davie, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Davie, 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 Davie, 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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 42.8%
- Commercial 24.7%
- Agricultural 6.9%
- Industrial 6.3%
- Open space 6%
- Mixed use 1.7%
- Civic 0.8%
- Planned_development 0.1%
Largest Zones share of zoned land by district
Estate Dwelling
Agricultural
Single Family Estate District
Agricultural
Recreation Open Space
Davie, FL zones 20,265 acres across 80 districts. Commercial zoning covers 24.7% of zoned land, residential 42.8%, open space 6% and industrial 6.3%. The largest single district is Estate Dwelling at 13.7%. For commercial buyers the practical constraint is that only 31% of land carries a commercial or industrial designation.
Estate Dwelling (R-1)
The R-1 District is intended to implement the 1 dwelling unit per acre residential classification of the Town of Davie Comprehensive Plan and to provide estate residential areas with most of the noncommercial agricultural uses permitted providing a transition from agricultural land to residential dwelling units
Market overview
Demographics & Economy
Davie, FL has 298,459 residents in 116,677 households. Density runs 3,427 people per square mile. Median household income here is $96,628 and median gross rent $2,112 a month.
298,459
Population
116,677
Households
2.6
Avg Household Size
40
Median Age
42%
College-Educated
91%
High-School Grad
87.1 sq mi
ZIP Area
3,427
Density / Sq Mi
$96,628
Median Household Income
$47,291
Median Earnings
$2,112
Median Rent
$456,456
Median Home Value
Tools
Lease vs Buy Breakeven
At $21.08/SF/Yr lease vs $386/SF buy → buying wins if held > 7.3 years.
The comparison uses county-wide sale comps against Davie asking rents, so the implied 5.5% 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 |
|---|---|---|
| Hollywood | $386 (county avg) | $26.79 |
| Pembroke Pines | $386 (county avg) | $40.56 |
| Miramar | $386 (county avg) | $17.02 |
Commercial property in Davie, FL asks $386/SF. The 3 bordering markets run from $386/SF in Hollywood to $386/SF in Hollywood, 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 Davie?
Commercial property in Davie, FL asks an average of $386 per square foot. The 7 most recent recorded sales traded at a median of $458/SF. Multifamily carries the highest asking price at $382/SF.
How much does it cost to lease commercial space in Davie?
Asking lease rates in Davie, FL average $21.08 per square foot per year.
Is it cheaper to lease or buy commercial space in Davie?
Buying beats leasing in Davie, FL if the property is held longer than 7.3 years, comparing $21.08/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 Davie compare to nearby markets on price?
Davie, FL asks $386/SF against $386/SF in Hollywood, $386/SF in Pembroke Pines and $386/SF in Miramar.
What zoning applies to commercial property in Davie?
Davie, FL zones 20,265 acres across 80 districts, of which 24.7% is commercial and 6.3% industrial. The largest single district is Estate Dwelling at 13.7% of zoned land. The R-1 District is intended to implement the 1 dwelling unit per acre residential classification of the Town of Davie Comprehensive Plan and to provide estate residential areas with most of the noncommercial agricultural uses permitted providing a transition from agricultural land to residential dwelling units Residential zoning covers 42.8% and open space 6%.
Where does Realmo's Davie market data come from?
Realmo compiles Davie, FL figures from 7 recent recorded sales, 65 active sale listings, 49 active lease listings, 1,389 tracked off-market properties, the current Davie zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 65 active for-sale and 49 active for-lease listings in Davie, 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.
- Zoning and land use
- The current municipal zoning release: 20,265 zoned acres across 80 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- 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
