Commercial Real Estate Market in Santa Rosa Beach, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
563 active listings and 623 off-market properties in Santa Rosa Beach, FL. Commercial property asks $336/SF to buy and $25.05/SF/Yr to lease.
Market Trends
Santa Rosa Beach, FL spans 54.5 square miles in Walton County, Florida. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Santa Rosa Beach, 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 Santa Rosa Beach, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Santa Rosa 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 Santa Rosa Beach, FL asks $314/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
Santa Rosa Beach, FL has 20,567 residents in 17,700 households. Density runs 377 people per square mile. Median household income here is $101,067 and median gross rent $2,165 a month.
20,567
Population
17,700
Households
1.2
Avg Household Size
43
Median Age
48%
College-Educated
96%
High-School Grad
54.5 sq mi
ZIP Area
377
Density / Sq Mi
$101,067
Median Household Income
$53,393
Median Earnings
$2,165
Median Rent
$613,100
Median Home Value
Tools
Lease vs Buy Breakeven
At $25.05/SF/Yr lease vs $336/SF buy → buying wins if held > 2.7 years.
At a 7.4% 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.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Point Washington | — | — |
| Alys Beach | — | — |
| Rosemary Bch | — | — |
| Freeport | — | $19.30 |
Commercial property in Santa Rosa Beach, FL asks $336/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Santa Rosa Beach?
Commercial property in Santa Rosa Beach, FL asks an average of $336 per square foot. The 7 most recent recorded sales traded at a median of $486/SF. Multifamily carries the highest asking price at $314/SF.
How much does it cost to lease commercial space in Santa Rosa Beach?
Asking lease rates in Santa Rosa Beach, FL average $25.05 per square foot per year.
Is it cheaper to lease or buy commercial space in Santa Rosa Beach?
Buying beats leasing in Santa Rosa Beach, FL if the property is held longer than 2.7 years, comparing $25.05/SF/Yr asking rent with $336/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Santa Rosa Beach market data come from?
Realmo compiles Santa Rosa Beach, FL figures from 8 recent recorded sales, 525 active sale listings, 38 active lease listings, 623 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 525 active for-sale and 38 active for-lease listings in Santa Rosa 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 31 August 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 August 2026 · report a data issue
