Commercial Real Estate Market in Navarre Beach, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
170 active listings and 1,037 off-market properties in Navarre Beach, FL. Commercial property asks $168/SF to buy and $17.64/SF/Yr to lease.
Market Trends
Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Navarre Beach, 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 Navarre Beach, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Navarre 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 vacancy in Navarre Beach, FL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Navarre | — | $24.67 |
| Mary Esther | — | $16.60 |
| Fort Walton Beach | — | $15.23 |
Commercial property in Navarre Beach, FL asks $168/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Navarre Beach?
Commercial property in Navarre Beach, FL asks an average of $168 per square foot. The 5 most recent recorded sales traded at a median of $146/SF, so asking sits 15% above the achieved median.
How much does it cost to lease commercial space in Navarre Beach?
Asking lease rates in Navarre Beach, FL average $17.64 per square foot per year.
Where does Realmo's Navarre Beach market data come from?
Realmo compiles Navarre Beach, FL figures from 6 recent recorded sales, 147 active sale listings, 23 active lease listings, 1,037 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 147 active for-sale and 23 active for-lease listings in Navarre 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 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
