Commercial Real Estate Market in Royal Palm Beach, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
24 active listings and 468 off-market properties in Royal Palm Beach, FL. Commercial property asks $503/SF to buy and $62.94/SF/Yr to lease.
Market Trends
Royal Palm Beach, FL spans 122.5 square miles in Palm Beach County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Royal Palm Beach, 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 Royal Palm Beach, 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 Royal Palm Beach, 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 Royal Palm Beach, 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
Royal Palm Beach, FL has 149,880 residents in 59,788 households. Density runs 1,223 people per square mile. Median household income here is $100,779 and median gross rent $2,064 a month.
149,880
Population
59,788
Households
2.5
Avg Household Size
43
Median Age
42%
College-Educated
93%
High-School Grad
122.5 sq mi
ZIP Area
1,223
Density / Sq Mi
$100,779
Median Household Income
$50,191
Median Earnings
$2,064
Median Rent
$470,860
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Royal Palm Beach?
Commercial property in Royal Palm Beach, FL asks an average of $503 per square foot. The 7 most recent recorded sales traded at a median of $343/SF, so asking sits 47% above the achieved median. Office carries the highest asking price at $607/SF.
How much does it cost to lease commercial space in Royal Palm Beach?
Asking lease rates in Royal Palm Beach, FL average $62.94 per square foot per year.
Where does Realmo's Royal Palm Beach market data come from?
Realmo compiles Royal Palm Beach, FL figures from 8 recent recorded sales, 10 active sale listings, 14 active lease listings, 468 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 10 active for-sale and 14 active for-lease listings in Royal Palm Beach, 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
