Commercial Real Estate Market in Vlg Wellingtn, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
576 active listings and 5,222 off-market properties in Vlg Wellingtn, FL. Commercial property asks $370/SF to buy and $50.43/SF/Yr to lease.
Market Trends
Vlg Wellingtn, FL spans 233.5 square miles in Palm Beach County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Vlg Wellingtn, FL asks $607/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 Vlg Wellingtn, FL asks $369/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 Vlg Wellingtn, 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 Vlg Wellingtn, FL asks $329/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
Vlg Wellingtn, FL has 90,110 residents in 34,420 households. Density runs 386 people per square mile. Median household income here is $109,587 and median gross rent $2,410 a month.
90,110
Population
34,420
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
93%
High-School Grad
233.5 sq mi
ZIP Area
386
Density / Sq Mi
$109,587
Median Household Income
$52,067
Median Earnings
$2,410
Median Rent
$533,262
Median Home Value
Tools
Lease vs Buy Breakeven
At $50.43/SF/Yr lease vs $370/SF buy → buying wins if held > 0.8 years.
At a 13.6% 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 average price per square foot for commercial property in Vlg Wellingtn?
Commercial property in Vlg Wellingtn, FL asks an average of $370 per square foot. The 6 most recent recorded sales traded at a median of $631/SF. Office carries the highest asking price at $607/SF.
How much does it cost to lease commercial space in Vlg Wellingtn?
Asking lease rates in Vlg Wellingtn, FL average $50.43 per square foot per year.
Is it cheaper to lease or buy commercial space in Vlg Wellingtn?
Buying beats leasing in Vlg Wellingtn, FL if the property is held longer than 0.8 years, comparing $50.43/SF/Yr asking rent with $370/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 Vlg Wellingtn market data come from?
Realmo compiles Vlg Wellingtn, FL figures from 6 recent recorded sales, 345 active sale listings, 231 active lease listings, 5,222 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 345 active for-sale and 231 active for-lease listings in Vlg Wellingtn, 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 · report a data issue
