Commercial Real Estate Market in Lake Placid, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
1,453 active listings and 841 off-market properties in Lake Placid, FL. Commercial property asks $1/SF to buy and $15.82/SF/Yr to lease.
Market Trends
Lake Placid, FL spans 293.4 square miles in Highlands County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Lake Placid, FL asks $172/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 Lake Placid, FL asks $150/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 Lake Placid, 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 Lake Placid, FL asks $133/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
Lake Placid, FL has 21,635 residents in 12,991 households. Density runs 74 people per square mile. Median household income here is $54,841 and median gross rent $1,063 a month.
21,635
Population
12,991
Households
1.7
Avg Household Size
55
Median Age
20%
College-Educated
85%
High-School Grad
293.4 sq mi
ZIP Area
74
Density / Sq Mi
$54,841
Median Household Income
$39,658
Median Earnings
$1,063
Median Rent
$205,800
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Lake Placid?
Commercial property in Lake Placid, FL asks an average of $1 per square foot. The 3 most recent recorded sales traded at a median of $287/SF. Office carries the highest asking price at $172/SF.
How much does it cost to lease commercial space in Lake Placid?
Asking lease rates in Lake Placid, FL average $15.82 per square foot per year.
Where does Realmo's Lake Placid market data come from?
Realmo compiles Lake Placid, FL figures from 6 recent recorded sales, 1,445 active sale listings, 8 active lease listings, 841 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 1,445 active for-sale and 8 active for-lease listings in Lake Placid, 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
