Commercial Real Estate Market in Pinecrest, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
13 active listings and 171 off-market properties in Pinecrest, FL.
Market Trends
Pinecrest, FL spans 13.9 square miles in Miami-Dade County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Pinecrest, 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 Pinecrest, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Pinecrest, 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 Pinecrest, FL asks $429/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
- Residential 91.3%
- Commercial 3.4%
- Open space 1.9%
Largest Zones share of zoned land by district
Residential Estate
Residential Modified Estate
Residential Suburban Estate
Semi Public Services District
Public Private Parks And Recreation Facilities District
Pinecrest, FL zones 3,942 acres across 18 districts. Commercial zoning covers 3.4% of zoned land, residential 91.3% and open space 1.9%. The largest single district is Residential Estate at 61.1%. For commercial buyers the practical constraint is that only 3.4% of land carries a commercial or industrial designation.
Residential Estate (EU-1)
The purpose of the residential districts is to help implement comprehensive development master plan residential development objectives and policies. The residential districts established herein designate the maximum residential density that may be developed within the respective residential districts based upon the plan
Market overview
Demographics & Economy
Pinecrest, FL has 34,036 residents in 13,215 households. Density runs 2,454 people per square mile. Median household income here is $134,720 and median gross rent $1,936 a month.
34,036
Population
13,215
Households
2.6
Avg Household Size
42
Median Age
66%
College-Educated
97%
High-School Grad
13.9 sq mi
ZIP Area
2,454
Density / Sq Mi
$134,720
Median Household Income
$66,117
Median Earnings
$1,936
Median Rent
$1,063,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Kendall | $436 (county avg) | — |
| South Miami | $436 (county avg) | $45.75 |
| Palmetto Bay | $436 (county avg) | — |
| Coral Gables | $436 (county avg) | $36.84 |
Commercial property in Pinecrest, FL asks $436/SF. The 4 bordering markets run from $436/SF in Kendall to $436/SF in Kendall, and the city sits in line with their $436/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Pinecrest?
Commercial property in Pinecrest, FL asks an average of $436 per square foot. The 3 most recent recorded sales traded at a median of $1,079/SF. Multifamily carries the highest asking price at $429/SF.
How does Pinecrest compare to nearby markets on price?
Pinecrest, FL asks $436/SF against $436/SF in Kendall, $436/SF in South Miami, $436/SF in Palmetto Bay and $436/SF in Coral Gables.
What zoning applies to commercial property in Pinecrest?
Pinecrest, FL zones 3,942 acres across 18 districts, of which 3.4% is commercial and 0% industrial. The largest single district is Residential Estate at 61.1% of zoned land. The purpose of the residential districts is to help implement comprehensive development master plan residential development objectives and policies. The residential districts established herein designate the maximum residential density that may be developed within the respective residential districts based upon the plan Residential zoning covers 91.3% and open space 1.9%.
Where does Realmo's Pinecrest market data come from?
Realmo compiles Pinecrest, FL figures from 6 recent recorded sales, 8 active sale listings, 5 active lease listings, 171 tracked off-market properties, the current Pinecrest zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 5 active for-lease listings in Pinecrest, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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: 3,942 zoned acres across 18 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 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
