Commercial Real Estate Market in Medley, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
67 active listings and 1,503 off-market properties in Medley, FL. Commercial property asks $436/SF to buy and $22.42/SF/Yr to lease.
Market Trends
Medley, FL spans 69.0 square miles in Miami-Dade County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Medley, 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 Medley, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Medley, 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 Medley, 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 87.8%
- Residential 7.3%
- Open space 0.5%
Largest Zones share of zoned land by district
Industrial And Light Manufacturing District
Industrial And Heavy Manufacturing District
Single Family Residential
Solid Waste Class 3
Trailer Park
Medley, FL zones 3,787 acres across 6 districts. The largest single district is Industrial And Light Manufacturing District at 77.3%. For commercial buyers the practical constraint is that only 87.8% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Medley, FL has 91,593 residents in 32,769 households. Density runs 1,327 people per square mile. Median household income here is $87,584 and median gross rent $2,369 a month.
91,593
Population
32,769
Households
2.8
Avg Household Size
38
Median Age
51%
College-Educated
85%
High-School Grad
69 sq mi
ZIP Area
1,327
Density / Sq Mi
$87,584
Median Household Income
$41,150
Median Earnings
$2,369
Median Rent
$496,421
Median Home Value
Tools
Lease vs Buy Breakeven
At $22.42/SF/Yr lease vs $436/SF buy → buying wins if held > 9.1 years.
The comparison uses county-wide sale comps against Medley asking rents, so the implied 5.1% 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 |
|---|---|---|
| Hialeah | $436 (county avg) | $21.13 |
| Miami Springs | $436 (county avg) | $11.90 |
Commercial property in Medley, FL asks $436/SF. The 2 bordering markets run from $436/SF in Hialeah to $436/SF in Hialeah, 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 Medley?
Commercial property in Medley, FL asks an average of $436 per square foot. The 3 most recent recorded sales traded at a median of $318/SF, so asking sits 37% above the achieved median. Multifamily carries the highest asking price at $429/SF.
How much does it cost to lease commercial space in Medley?
Asking lease rates in Medley, FL average $22.42 per square foot per year.
Is it cheaper to lease or buy commercial space in Medley?
Buying beats leasing in Medley, FL if the property is held longer than 9.1 years, comparing $22.42/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 Medley compare to nearby markets on price?
Medley, FL asks $436/SF against $436/SF in Hialeah and $436/SF in Miami Springs.
What zoning applies to commercial property in Medley?
Medley, FL zones 3,787 acres across 6 districts, of which 0% is commercial and 87.8% industrial. The largest single district is Industrial And Light Manufacturing District at 77.3% of zoned land. Residential zoning covers 7.3% and open space 0.5%.
Where does Realmo's Medley market data come from?
Realmo compiles Medley, FL figures from 5 recent recorded sales, 27 active sale listings, 40 active lease listings, 1,503 tracked off-market properties, the current Medley zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 27 active for-sale and 40 active for-lease listings in Medley, 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: 3,787 zoned acres across 6 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 · How Realmo checks market page data · Report a data issue
