Commercial Real Estate Market in Palm Springs, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
19 active listings and 395 off-market properties in Palm Springs, FL. Commercial property asks $1,195/SF to buy and $21.32/SF/Yr to lease.
Market Trends
Palm Springs, FL spans 15.8 square miles in Palm Beach County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Palm Springs, 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 Springs, 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 Springs, 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 Springs, 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 Springs, FL has 74,824 residents in 27,521 households. Density runs 4,735 people per square mile. Median household income here is $68,049 and median gross rent $1,638 a month.
74,824
Population
27,521
Households
2.7
Avg Household Size
37
Median Age
20%
College-Educated
77%
High-School Grad
15.8 sq mi
ZIP Area
4,735
Density / Sq Mi
$68,049
Median Household Income
$33,703
Median Earnings
$1,638
Median Rent
$298,485
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Greenacres | — | — |
| West Palm Beach | — | $49.75 |
| Lantana | — | — |
| Lake Worth | — | $35.04 |
Commercial property in Palm Springs, FL asks $1,195/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Palm Springs?
Commercial property in Palm Springs, FL asks an average of $1,195 per square foot. The 8 most recent recorded sales traded at a median of $505/SF, so asking sits 137% above the achieved median. Office carries the highest asking price at $607/SF.
How much does it cost to lease commercial space in Palm Springs?
Asking lease rates in Palm Springs, FL average $21.32 per square foot per year.
Where does Realmo's Palm Springs market data come from?
Realmo compiles Palm Springs, FL figures from 8 recent recorded sales, 16 active sale listings, 3 active lease listings, 395 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 16 active for-sale and 3 active for-lease listings in Palm Springs, 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
