Commercial Real Estate Market in Delray Beach, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
284 active listings and 1,993 off-market properties in Delray Beach, FL. Commercial property asks $1,086/SF to buy and $32.17/SF/Yr to lease.
Market Trends
Delray Beach, FL spans 41.7 square miles in Palm Beach County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Delray Beach, FL asks $607/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 Delray Beach, FL asks $369/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 Delray Beach, 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 Delray Beach, FL asks $329/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
Delray Beach, FL has 124,430 residents in 74,644 households. Density runs 2,985 people per square mile. Median household income here is $74,550 and median gross rent $1,901 a month.
124,430
Population
74,644
Households
1.7
Avg Household Size
58
Median Age
43%
College-Educated
92%
High-School Grad
41.7 sq mi
ZIP Area
2,985
Density / Sq Mi
$74,550
Median Household Income
$47,328
Median Earnings
$1,901
Median Rent
$377,121
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Boynton Beach | — | $49.04 |
| Boca Raton | — | $35.02 |
Commercial property in Delray Beach, FL asks $1,086/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Delray Beach?
Commercial property in Delray Beach, FL asks an average of $1,086 per square foot. The 4 most recent recorded sales traded at a median of $596/SF, so asking sits 82% above the achieved median. Office carries the highest asking price at $607/SF.
How much does it cost to lease commercial space in Delray Beach?
Asking lease rates in Delray Beach, FL average $32.17 per square foot per year.
Where does Realmo's Delray Beach market data come from?
Realmo compiles Delray Beach, FL figures from 6 recent recorded sales, 194 active sale listings, 90 active lease listings, 1,993 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 194 active for-sale and 90 active for-lease listings in Delray Beach, 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 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
