Commercial Real Estate Market in Melrose, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
50 active listings and 147 off-market properties in Melrose, FL.
Market Trends
Melrose, FL spans 56.8 square miles in Putnam County, Florida. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Melrose, 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 Melrose, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Melrose, 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 Melrose, 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
Melrose, FL has 5,961 residents in 3,398 households. Density runs 105 people per square mile. Median household income here is $66,540 and median gross rent $519 a month.
5,961
Population
3,398
Households
1.8
Avg Household Size
51
Median Age
30%
College-Educated
97%
High-School Grad
56.8 sq mi
ZIP Area
105
Density / Sq Mi
$66,540
Median Household Income
$35,669
Median Earnings
$519
Median Rent
$206,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Earleton | — | — |
| Lake Geneva | — | — |
| Keystone Heights | — | — |
| Putnam Hall | — | — |
Commercial property in Melrose, FL asks $40/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Melrose?
Commercial property in Melrose, FL asks an average of $40 per square foot. The 4 most recent recorded sales traded at a median of $154/SF.
Where does Realmo's Melrose market data come from?
Realmo compiles Melrose, FL figures from 6 recent recorded sales, 49 active sale listings, 1 active lease listings, 147 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 49 active for-sale and 1 active for-lease listings in Melrose, 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 31 August 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 31 August 2026 · report a data issue
