Commercial Real Estate Market in Palm Coast, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
864 active listings and 1,507 off-market properties in Palm Coast, FL. Commercial property asks $437/SF to buy and $64.45/SF/Yr to lease.
Market Trends
Palm Coast, FL spans 94.9 square miles in Flagler County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Palm Coast, 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 Palm Coast, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Palm Coast, 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 Coast, FL asks $192/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 Coast, FL has 95,670 residents in 47,619 households. Density runs 1,008 people per square mile. Median household income here is $75,119 and median gross rent $1,756 a month.
95,670
Population
47,619
Households
2
Avg Household Size
53
Median Age
31%
College-Educated
93%
High-School Grad
94.9 sq mi
ZIP Area
1,008
Density / Sq Mi
$75,119
Median Household Income
$40,042
Median Earnings
$1,756
Median Rent
$333,485
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Flagler Beach | — | $31.09 |
| Bunnell | — | $63.50 |
Commercial property in Palm Coast, FL asks $437/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Palm Coast?
Commercial property in Palm Coast, FL asks an average of $437 per square foot. The 5 most recent recorded sales traded at a median of $300/SF, so asking sits 46% above the achieved median. Multifamily carries the highest asking price at $192/SF.
How much does it cost to lease commercial space in Palm Coast?
Asking lease rates in Palm Coast, FL average $64.45 per square foot per year.
Where does Realmo's Palm Coast market data come from?
Realmo compiles Palm Coast, FL figures from 7 recent recorded sales, 763 active sale listings, 101 active lease listings, 1,507 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 763 active for-sale and 101 active for-lease listings in Palm Coast, 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
