Commercial Real Estate Market in Wellington, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
23 active listings and 401 off-market properties in Wellington, FL.
Market Trends
Wellington, FL spans 303.3 square miles in Palm Beach County, Florida. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Palm Beach County, office space asks $513/SF to buy. Office vacancy in Wellington, FL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Across Palm Beach County, retail space asks $187/SF to buy. Retail vacancy in Wellington, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Wellington, FL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Across Palm Beach County, multifamily space asks $392/SF to buy. Multifamily vacancy in Wellington, FL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Planned_development 53.2%
- Residential 19.9%
- Civic 3.2%
- Commercial 0.4%
Largest Zones share of zoned land by district
The PUD district is established to offer a residential development alternative that provides greater flexibility and encourages more design creativity than may be available under conventional development approaches. The intent of the PUD is to promote the design of largely and primarily residential neighborhoods, that incorporates commercial, recreational, c…
Market overview
Demographics & Economy
Wellington, FL has 230,049 residents in 93,667 households. Density runs 758 people per square mile. Median household income here is $100,748 and median gross rent $2,157 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Royal Palm Beach | $164 | $34.00 |
| Lake Worth | $388 | $40.25 |
| West Palm Beach | $350 | $25.05 |
| Greenacres | $200 | $15.93 |
Commercial property in Wellington, FL asks $384/SF. The 4 bordering markets run from $164/SF in Royal Palm Beach to $388/SF in Lake Worth, and the city sits above their $275/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Wellington?
How does Wellington compare to nearby markets on price?
Where does Realmo's Wellington market data come from?
Methodology & data sources
- Asking prices and medians
- There are 11 active for-sale and 12 active for-lease listings in Wellington, FL. The sale median is based on 4 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 28,769 zoned acres across 11 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 31 October 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 October 2026 · How Realmo checks market page data · Report a data issue
