Commercial Real Estate Market in Hobe Sound, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
44 active listings and 1,750 off-market properties in Hobe Sound, FL. Commercial property asks $23/SF to buy and $44.84/SF/Yr to lease.
Market Trends
Hobe Sound, FL spans 56.6 square miles in Martin County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Hobe Sound, 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 Hobe Sound, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Hobe Sound, 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 vacancy in Hobe Sound, FL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Hobe Sound, FL has 20,799 residents in 11,681 households. Density runs 368 people per square mile. Median household income here is $74,149 and median gross rent $1,193 a month.
20,799
Population
11,681
Households
1.8
Avg Household Size
60
Median Age
36%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
368
Density / Sq Mi
$74,149
Median Household Income
$35,161
Median Earnings
$1,193
Median Rent
$395,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Tequesta | — | — |
| Jupiter | — | $38.16 |
| Palm City | — | $16.50 |
| Stuart | — | $32.75 |
Commercial property in Hobe Sound, FL asks $23/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hobe Sound?
Commercial property in Hobe Sound, FL asks an average of $23 per square foot. The 5 most recent recorded sales traded at a median of $257/SF.
How much does it cost to lease commercial space in Hobe Sound?
Asking lease rates in Hobe Sound, FL average $44.84 per square foot per year.
Where does Realmo's Hobe Sound market data come from?
Realmo compiles Hobe Sound, FL figures from 6 recent recorded sales, 36 active sale listings, 8 active lease listings, 1,750 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 36 active for-sale and 8 active for-lease listings in Hobe Sound, 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
