Commercial Real Estate Market in Sugarloaf Key, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
51 active listings and 158 off-market properties in Sugarloaf Key, FL. Commercial property asks $2,634/SF to buy and $73.28/SF/Yr to lease.
Market Trends
Sugarloaf Key, FL spans 27.6 square miles in Monroe County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Sugarloaf Key, FL asks $513/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 Sugarloaf Key, FL asks $651/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 Sugarloaf Key, 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 Sugarloaf Key, FL asks $723/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
Sugarloaf Key, FL has 6,841 residents in 4,835 households. Density runs 248 people per square mile. Median household income here is $101,625 and median gross rent $2,252 a month.
6,841
Population
4,835
Households
1.4
Avg Household Size
54
Median Age
45%
College-Educated
98%
High-School Grad
27.6 sq mi
ZIP Area
248
Density / Sq Mi
$101,625
Median Household Income
$49,747
Median Earnings
$2,252
Median Rent
$759,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cudjoe Key | — | — |
| Summerland Key | — | — |
| Big Pine Key | — | $29.17 |
Commercial property in Sugarloaf Key, FL asks $2,634/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Sugarloaf Key?
Commercial property in Sugarloaf Key, FL asks an average of $2,634 per square foot. Multifamily carries the highest asking price at $723/SF.
How much does it cost to lease commercial space in Sugarloaf Key?
Asking lease rates in Sugarloaf Key, FL average $73.28 per square foot per year.
Where does Realmo's Sugarloaf Key market data come from?
Realmo compiles Sugarloaf Key, FL figures from 8 recent recorded sales, 49 active sale listings, 2 active lease listings, 158 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 49 active for-sale and 2 active for-lease listings in Sugarloaf Key, 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
