Commercial Real Estate Market in Palm Beach Gardens, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
57 active listings and 720 off-market properties in Palm Beach Gardens, FL. Commercial property asks $566/SF to buy and $34.51/SF/Yr to lease.
Market Trends
Palm Beach Gardens, FL spans 126.6 square miles in Palm Beach County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Palm Beach Gardens, 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 Palm Beach Gardens, 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 Palm Beach Gardens, 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 Palm Beach Gardens, 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
Palm Beach Gardens, FL has 127,945 residents in 65,413 households. Density runs 1,010 people per square mile. Median household income here is $106,539 and median gross rent $2,066 a month.
127,945
Population
65,413
Households
2
Avg Household Size
51
Median Age
49%
College-Educated
95%
High-School Grad
126.6 sq mi
ZIP Area
1,010
Density / Sq Mi
$106,539
Median Household Income
$53,816
Median Earnings
$2,066
Median Rent
$518,860
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Riviera Beach | — | — |
| North Palm Beach | — | $75.31 |
| Lake Park | — | $28.04 |
| Mangonia Park | — | — |
Commercial property in Palm Beach Gardens, FL asks $566/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Palm Beach Gardens?
Commercial property in Palm Beach Gardens, FL asks an average of $566 per square foot. The 6 most recent recorded sales traded at a median of $471/SF, so asking sits 20% above the achieved median. Office carries the highest asking price at $607/SF.
How much does it cost to lease commercial space in Palm Beach Gardens?
Asking lease rates in Palm Beach Gardens, FL average $34.51 per square foot per year.
Where does Realmo's Palm Beach Gardens market data come from?
Realmo compiles Palm Beach Gardens, FL figures from 6 recent recorded sales, 29 active sale listings, 28 active lease listings, 720 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 29 active for-sale and 28 active for-lease listings in Palm Beach Gardens, 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 · report a data issue
