Commercial Real Estate Market in St Lucie West, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
1,201 active listings and 2,780 off-market properties in St Lucie West, FL. Commercial property asks $235/SF to buy and $17.19/SF/Yr to lease.
Market Trends
St Lucie West, FL spans 171.9 square miles in St. Lucie County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in St Lucie West, FL asks $20.74/SF/Yr to lease. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate % in South region
Retail
Retail vacancy in St Lucie West, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in St Lucie West, 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 St Lucie West, FL asks $206/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
St Lucie West, FL has 165,134 residents in 69,149 households. Density runs 961 people per square mile. Median household income here is $79,597 and median gross rent $1,812 a month.
165,134
Population
69,149
Households
2.4
Avg Household Size
44
Median Age
27%
College-Educated
91%
High-School Grad
171.9 sq mi
ZIP Area
961
Density / Sq Mi
$79,597
Median Household Income
$41,833
Median Earnings
$1,812
Median Rent
$334,570
Median Home Value
Tools
Lease vs Buy Breakeven
At $17.19/SF/Yr lease vs $235/SF buy → buying wins if held > 2.8 years.
At a 7.3% 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 |
|---|---|---|
| Port Saint Lucie | — | $22.10 |
| Fort Pierce | — | $17.19 |
| Jensen Beach | — | $24.83 |
| Stuart | — | $33.56 |
Commercial property in St Lucie West, FL asks $235/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in St Lucie West?
Commercial property in St Lucie West, FL asks an average of $235 per square foot. The 6 most recent recorded sales traded at a median of $220/SF, so asking sits 7% above the achieved median. Multifamily carries the highest asking price at $206/SF.
How much does it cost to lease commercial space in St Lucie West?
Asking lease rates in St Lucie West, FL average $17.19 per square foot per year. Office asks $20.74/SF/Yr as of Q2 26, up from $19.65/SF/Yr in Q1 26.
Is it cheaper to lease or buy commercial space in St Lucie West?
Buying beats leasing in St Lucie West, FL if the property is held longer than 2.8 years, comparing $17.19/SF/Yr asking rent with $235/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 St Lucie West market data come from?
Realmo compiles St Lucie West, FL figures from 7 recent recorded sales, 1,016 active sale listings, 185 active lease listings, 2,780 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 1,016 active for-sale and 185 active for-lease listings in St Lucie West, 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
