Commercial Real Estate Market in Oviedo, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
127 active listings and 888 off-market properties in Oviedo, FL. Commercial property asks $219/SF to buy and $54.09/SF/Yr to lease.
Market Trends
Oviedo, FL spans 82.9 square miles in Seminole County, Florida. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Oviedo, 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 Oviedo, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Oviedo, 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 Oviedo, FL asks $217/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
- Planned_development 56.3%
- Residential 18%
- Commercial 9.7%
- Civic 6.6%
- Industrial 1.6%
- Agricultural 1.2%
Largest Zones share of zoned land by district
Planned Unit Development
Single Family Residential District
Public Lands And Institutions
Single Family Residential District
Downtown Neighborhood
Single Family Residential District (R-1)
The R-1 districts are single-family residential districts that permit low to medium density development generally in areas with complete urban services. In areas without central sewer, these districts are only permitted where soils are appropriate for septic tanks.
Market overview
Demographics & Economy
Oviedo, FL has 81,769 residents in 28,412 households. Density runs 987 people per square mile. Median household income here is $108,680 and median gross rent $1,927 a month.
81,769
Population
28,412
Households
2.9
Avg Household Size
37
Median Age
53%
College-Educated
96%
High-School Grad
82.9 sq mi
ZIP Area
987
Density / Sq Mi
$108,680
Median Household Income
$51,143
Median Earnings
$1,927
Median Rent
$441,054
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Winter Springs | — | $17.97 |
| Alafaya | — | — |
| Goldenrod | — | — |
| Union Park | — | — |
Commercial property in Oviedo, FL asks $219/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Oviedo?
Commercial property in Oviedo, FL asks an average of $219 per square foot. The 7 most recent recorded sales traded at a median of $310/SF. Multifamily carries the highest asking price at $217/SF.
How much does it cost to lease commercial space in Oviedo?
Asking lease rates in Oviedo, FL average $54.09 per square foot per year.
Where does Realmo's Oviedo market data come from?
Realmo compiles Oviedo, FL figures from 8 recent recorded sales, 83 active sale listings, 44 active lease listings, 888 tracked off-market properties, the current Oviedo zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 83 active for-sale and 44 active for-lease listings in Oviedo, 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.
- Zoning and land use
- The current municipal zoning release: 9,234 zoned acres across 22 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 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
