Commercial Real Estate Market in Doral, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
353 active listings and 3,194 off-market properties in Doral, FL. Commercial property asks $436/SF to buy and $30.36/SF/Yr to lease.
Market Trends
Doral, FL spans 86.7 square miles in Miami-Dade County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Doral, FL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Doral, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial space in Doral, FL asks $23.07/SF/Yr to lease. Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate % in South region
Multifamily
Multifamily space in Doral, FL asks $429/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
- Industrial 37.9%
- Residential 25.2%
- Planned_development 6.7%
- Commercial 5.6%
- Mixed use 4.7%
- Civic 2.8%
- Open space 1.5%
Largest Zones share of zoned land by district
Industrial
General Use
Industrial Commercial
Single Family 5
Multifamily 1
Doral, FL zones 9,474 acres across 29 districts. Commercial zoning covers 5.6% of zoned land, residential 25.2%, open space 1.5% and industrial 37.9%. The largest single district is Industrial at 21.8%. For commercial buyers the practical constraint is that only 43.5% of land carries a commercial or industrial designation.
Industrial (I)
The purpose of the industrial district is to allow for industrial uses in the city, which shall increase the economic activity as being in close proximity to Miami International Airport and to retain and continue allowing industrial uses in the city
Market overview
Demographics & Economy
Doral, FL has 199,691 residents in 73,743 households. Density runs 2,304 people per square mile. Median household income here is $74,701 and median gross rent $2,094 a month.
199,691
Population
73,743
Households
2.7
Avg Household Size
41
Median Age
41%
College-Educated
81%
High-School Grad
86.7 sq mi
ZIP Area
2,304
Density / Sq Mi
$74,701
Median Household Income
$37,830
Median Earnings
$2,094
Median Rent
$403,320
Median Home Value
Tools
Lease vs Buy Breakeven
At $30.36/SF/Yr lease vs $436/SF buy → buying wins if held > 3.2 years.
The comparison uses county-wide sale comps against Doral asking rents, so the implied 7% 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 |
|---|---|---|
| Miami Springs | $436 (county avg) | $11.90 |
| Hialeah Gardens | $436 (county avg) | — |
Commercial property in Doral, FL asks $436/SF. The 2 bordering markets run from $436/SF in Miami Springs to $436/SF in Miami Springs, and the city sits in line with their $436/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Doral?
Commercial property in Doral, FL asks an average of $436 per square foot. The 8 most recent recorded sales traded at a median of $370/SF, so asking sits 18% above the achieved median. Multifamily carries the highest asking price at $429/SF.
How much does it cost to lease commercial space in Doral?
Asking lease rates in Doral, FL average $30.36 per square foot per year. Industrial asks $23.07/SF/Yr as of Q2 26, up from $18.44/SF/Yr in Q1 26.
Is it cheaper to lease or buy commercial space in Doral?
Buying beats leasing in Doral, FL if the property is held longer than 3.2 years, comparing $30.36/SF/Yr asking rent with $436/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 Doral compare to nearby markets on price?
Doral, FL asks $436/SF against $436/SF in Miami Springs and $436/SF in Hialeah Gardens.
What zoning applies to commercial property in Doral?
Doral, FL zones 9,474 acres across 29 districts, of which 5.6% is commercial and 37.9% industrial. The largest single district is Industrial at 21.8% of zoned land. The purpose of the industrial district is to allow for industrial uses in the city, which shall increase the economic activity as being in close proximity to Miami International Airport and to retain and continue allowing industrial uses in the city Residential zoning covers 25.2% and open space 1.5%.
Where does Realmo's Doral market data come from?
Realmo compiles Doral, FL figures from 8 recent recorded sales, 137 active sale listings, 216 active lease listings, 3,194 tracked off-market properties, the current Doral zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 137 active for-sale and 216 active for-lease listings in Doral, 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: 9,474 zoned acres across 29 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
