Commercial Real Estate Market in North Palm Beach, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
31 active listings and 377 off-market properties in North Palm Beach, FL. Commercial property asks $2,116/SF to buy and $75.31/SF/Yr to lease.
Market Trends
North Palm Beach, FL spans 21.5 square miles in Palm Beach County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in North Palm Beach, FL asks $607/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 North Palm Beach, FL asks $369/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 North Palm Beach, 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 North Palm Beach, FL asks $329/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
North Palm Beach, FL has 68,690 residents in 37,226 households. Density runs 3,198 people per square mile. Median household income here is $89,352 and median gross rent $1,954 a month.
68,690
Population
37,226
Households
1.8
Avg Household Size
49
Median Age
44%
College-Educated
93%
High-School Grad
21.5 sq mi
ZIP Area
3,198
Density / Sq Mi
$89,352
Median Household Income
$49,622
Median Earnings
$1,954
Median Rent
$452,555
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Riviera Beach | — | — |
| Palm Beach Gardens | — | $34.51 |
| Lake Park | — | $28.04 |
| N Palm Beach | — | $75.31 |
Commercial property in North Palm Beach, FL asks $2,116/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in North Palm Beach?
Commercial property in North Palm Beach, FL asks an average of $2,116 per square foot. The 8 most recent recorded sales traded at a median of $533/SF, so asking sits 297% above the achieved median. Office carries the highest asking price at $607/SF.
How much does it cost to lease commercial space in North Palm Beach?
Asking lease rates in North Palm Beach, FL average $75.31 per square foot per year.
Where does Realmo's North Palm Beach market data come from?
Realmo compiles North Palm Beach, FL figures from 8 recent recorded sales, 15 active sale listings, 16 active lease listings, 377 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 15 active for-sale and 16 active for-lease listings in North Palm Beach, 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
