Commercial Real Estate Market in Saint Augustine, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
209 active listings and 3,446 off-market properties in Saint Augustine, FL. Commercial property asks $368/SF to buy and $23.00/SF/Yr to lease.
Market Trends
Saint Augustine, FL spans 308.0 square miles in St. Johns County, Florida. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Saint Augustine, FL has a median asking sale price of $361/SF. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Typical asking range for active listings in Saint Augustine, FL (the middle half): Lease $22.65–$33.50/SF/Yr (median $28.51/SF/Yr, 14 listings); Sale $285–$407/SF (median $361/SF, 19 listings).
Retail
Retail space in Saint Augustine, FL has a median asking sale price of $263/SF (based on 6 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Typical asking range for active listings in Saint Augustine, FL (the middle half): Lease $18.00–$30.86/SF/Yr (median $24.00/SF/Yr, 8 listings).
Industrial
Industrial space in Saint Augustine, FL has a median asking sale price of $212/SF (based on 4 listings). Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Typical asking range for active listings in Saint Augustine, FL (the middle half): Lease $15.00–$17.50/SF/Yr (median $15.47/SF/Yr, 10 listings).
Multifamily
Multifamily space in Saint Augustine, FL has a median asking sale price of $421/SF. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Typical asking range for active listings in Saint Augustine, FL (the middle half): Sale $336–$513/SF (median $421/SF, 19 listings).
Market overview
Demographics & Economy
Saint Augustine, FL has 148,165 residents in 75,593 households. Density runs 481 people per square mile. Median household income here is $96,422 and median gross rent $1,717 a month.
Tools
Lease vs Buy Breakeven
At $23.00/SF/Yr lease vs $368/SF buy → buying wins if held > 4.5 years.
At a 6.2% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Frequently Asked Questions
What is the median price per square foot for commercial property in Saint Augustine?
How much does it cost to lease commercial space in Saint Augustine?
Is it cheaper to lease or buy commercial space in Saint Augustine?
Where does Realmo's Saint Augustine market data come from?
Methodology & data sources
- Asking prices and medians
- There are 133 active for-sale and 76 active for-lease listings in Saint Augustine, FL. The medians are based on 50 of the for-sale and 31 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 31 October 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 31 October 2026 · How Realmo checks market page data · Report a data issue
