Commercial Real Estate Market in Sarasota, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
809 active listings and 7,026 off-market properties in Sarasota, FL. Commercial property asks $11/SF to buy and $31.67/SF/Yr to lease.
Market Trends
Sarasota, FL spans 222.6 square miles in Sarasota County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Sarasota, 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 Sarasota, FL runs 3.9% in 2025, down from 6.3% in 2020.
Vacancy Rate %
Industrial
Industrial vacancy in Sarasota, 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 Sarasota, FL asks $221/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
- Open space 38%
- Residential 35.4%
- Civic 11.5%
- Commercial 7.1%
- Mixed use 4.9%
- Industrial 2.4%
Largest Zones share of zoned land by district
Marine Park
Governmental
Residential Single Family 3
Residential Single Family 2
Residential Single Family 4
Sarasota, FL zones 15,449 acres across 53 districts. Commercial zoning covers 7.1% of zoned land, residential 35.4%, open space 38% and industrial 2.4%. The largest single district is Marine Park at 38%. For commercial buyers the practical constraint is that only 9.5% of land carries a commercial or industrial designation.
Marine Park (MP)
The intent and purpose of the Marine Park (MP) district is to protect and preserve water areas within the jurisdiction of the city
Market overview
Demographics & Economy
Sarasota, FL has 254,743 residents in 148,330 households. Density runs 1,144 people per square mile. Median household income here is $82,890 and median gross rent $1,796 a month.
254,743
Population
148,330
Households
1.7
Avg Household Size
53
Median Age
42%
College-Educated
94%
High-School Grad
222.6 sq mi
ZIP Area
1,144
Density / Sq Mi
$82,890
Median Household Income
$44,147
Median Earnings
$1,796
Median Rent
$429,835
Median Home Value
Tools
Nearby Markets
Commercial property in Sarasota, FL asks $11/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Sarasota?
Commercial property in Sarasota, FL asks an average of $11 per square foot. The 4 most recent recorded sales traded at a median of $438/SF. Multifamily carries the highest asking price at $221/SF.
How much does it cost to lease commercial space in Sarasota?
Asking lease rates in Sarasota, FL average $31.67 per square foot per year.
What zoning applies to commercial property in Sarasota?
Sarasota, FL zones 15,449 acres across 53 districts, of which 7.1% is commercial and 2.4% industrial. The largest single district is Marine Park at 38% of zoned land. The intent and purpose of the Marine Park (MP) district is to protect and preserve water areas within the jurisdiction of the city Residential zoning covers 35.4% and open space 38%.
Where does Realmo's Sarasota market data come from?
Realmo compiles Sarasota, FL figures from 5 recent recorded sales, 557 active sale listings, 252 active lease listings, 7,026 tracked off-market properties, the current Sarasota zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 557 active for-sale and 252 active for-lease listings in Sarasota, 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.
- Zoning and land use
- The current municipal zoning release: 15,449 zoned acres across 53 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, industrial vacancy is reported at South region level and multifamily 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
