Commercial Real Estate Market in Palatka, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
49 active listings and 1,161 off-market properties in Palatka, FL. Commercial property asks $187/SF to buy and $16.33/SF/Yr to lease.
Market Trends
Palatka, FL spans 494.6 square miles in Putnam County, Florida. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Palatka, FL has a median asking sale price of $153/SF (based on 7 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Palatka, FL has a median asking sale price of $169/SF (based on 5 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial space in Palatka, FL has a median asking sale price of $102/SF (based on 3 listings). Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Palatka, FL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Civic 36.5%
- Industrial 21%
- Commercial 15.1%
- Special 11.7%
- Planned_development 11.3%
- Open space 0.7%
- Residential 0.4%
Largest Zones share of zoned land by district
The R-3 district is intended to provide for high density districts, with emphasis on multiple-family use. Parcels in this district are situated so that they are well served by public and commercial services and have convenient access to thoroughfares and collector streets. In addition to high density residential uses, the district permits professional and in…
Market overview
Demographics & Economy
Palatka, FL has 33,318 residents in 17,220 households. Density runs 67 people per square mile. Median household income here is $47,234 and median gross rent $869 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Palatka?
How much does it cost to lease commercial space in Palatka?
Where does Realmo's Palatka market data come from?
Methodology & data sources
- Asking prices and medians
- There are 28 active for-sale and 21 active for-lease listings in Palatka, FL. The medians are based on 17 of the for-sale and 10 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 5,789 zoned acres across 32 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
