Commercial Real Estate Market in Fort Lauderdale, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
1,407 active listings and 8,607 off-market properties in Fort Lauderdale, FL. Commercial property asks $386/SF to buy and $25.11/SF/Yr to lease. Office vacancy runs 15.9%, the loosest of the segments tracked here.
Market Trends
Fort Lauderdale, FL spans 356.6 square miles in Broward County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Fort Lauderdale, FL asks $28.95/SF/Yr to lease and $332/SF to buy. Vacancy runs 15.9% in 2025, up from 11.8% in 2019. Down from a 2023 peak of 17.6%.
Retail
Retail vacancy in Fort Lauderdale, FL runs 4.8% in 2025, little changed from 5.1% in 2019. Down from a 2020 peak of 6.8%.
Vacancy Rate %
Industrial
Industrial space in Fort Lauderdale, FL asks $20.27/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 Fort Lauderdale, 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
Fort Lauderdale, FL has 846,439 residents in 377,752 households. Density runs 2,374 people per square mile. Median household income here is $82,208 and median gross rent $1,959 a month.
846,439
Population
377,752
Households
2.2
Avg Household Size
42
Median Age
37%
College-Educated
90%
High-School Grad
356.6 sq mi
ZIP Area
2,374
Density / Sq Mi
$82,208
Median Household Income
$44,612
Median Earnings
$1,959
Median Rent
$407,366
Median Home Value
Tools
Lease vs Buy Breakeven
At $25.11/SF/Yr lease vs $386/SF buy → buying wins if held > 4 years.
The comparison uses county-wide sale comps against Fort Lauderdale asking rents, so the implied 6.5% 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 |
|---|---|---|
| Sunrise | $386 (county avg) | $19.14 |
| Wilton Manors | $386 (county avg) | $10.10 |
| Dania Beach | $386 (county avg) | $19.11 |
Commercial property in Fort Lauderdale, FL asks $386/SF. The 3 bordering markets run from $386/SF in Sunrise to $386/SF in Sunrise, 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 Fort Lauderdale?
Commercial property in Fort Lauderdale, FL asks an average of $386 per square foot. The 7 most recent recorded sales traded at a median of $382/SF, so asking sits 1% above the achieved median. Multifamily carries the highest asking price at $382/SF.
How much does it cost to lease commercial space in Fort Lauderdale?
Asking lease rates in Fort Lauderdale, FL average $25.24 per square foot per year. Office asks $28.44/SF/Yr as of Q2 26, up from $26.09/SF/Yr in Q1 26.
What is the office vacancy rate in Fort Lauderdale?
Office vacancy in Fort Lauderdale, FL is 15.9% as of 2025, up from 11.8% in 2019. Retail vacancy is 4.8%, below Office vacancy.
Which property type has the lowest vacancy in Fort Lauderdale?
Retail has the lowest vacancy in Fort Lauderdale, FL at 4.8%, inside a 3.8–6.8% band since 2019. For comparison: office 15.9%, industrial 7.9% (South) and multifamily 11.3% (South).
Is it cheaper to lease or buy commercial space in Fort Lauderdale?
Buying beats leasing in Fort Lauderdale, FL if the property is held longer than 3.9 years, comparing $25.24/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 Fort Lauderdale compare to nearby markets on price?
Fort Lauderdale, FL asks $386/SF against $386/SF in Sunrise, $386/SF in Wilton Manors and $386/SF in Dania Beach.
Where does Realmo's Fort Lauderdale market data come from?
Realmo compiles Fort Lauderdale, FL figures from 8 recent recorded sales, 820 active sale listings, 641 active lease listings, 8,607 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 787 active for-sale and 620 active for-lease listings in Fort Lauderdale, 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, industrial vacancy is reported at South region level and multifamily 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
