Commercial Real Estate Market in Wilbur by the Sea, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
685 active listings and 4,102 off-market properties in Wilbur by the Sea, FL. Commercial property asks $218/SF to buy and $15.28/SF/Yr to lease.
Market Trends
Wilbur by the Sea, FL spans 14.9 square miles in Volusia County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Wilbur by the Sea, FL asks $15.67/SF/Yr to lease and $213/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Wilbur by the Sea, FL asks $17.77/SF/Yr to lease and $248/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Wilbur by the Sea, 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 Wilbur by the Sea, FL asks $195/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
Wilbur by the Sea, FL has 29,999 residents in 15,898 households. Density runs 2,017 people per square mile. Median household income here is $65,260 and median gross rent $1,324 a month.
29,999
Population
15,898
Households
1.9
Avg Household Size
53
Median Age
30%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
2,017
Density / Sq Mi
$65,260
Median Household Income
$39,196
Median Earnings
$1,324
Median Rent
$301,800
Median Home Value
Tools
Lease vs Buy Breakeven
At $15.28/SF/Yr lease vs $218/SF buy → buying wins if held > 3.2 years.
The comparison uses county-wide sale comps against Wilbur by the Sea asking rents, so the implied 7% gross yield is computed off asking rents rather than a closed-deal cap-rate benchmark. 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 |
|---|---|---|
| South Daytona | $218 (county avg) | $13.35 |
| Port Orange | $218 (county avg) | $19.53 |
| Daytona Beach Shores | $218 (county avg) | $15.06 |
Commercial property in Wilbur by the Sea, FL asks $218/SF. The 3 bordering markets run from $218/SF in South Daytona to $218/SF in South Daytona, and the city sits in line with their $218/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wilbur by the Sea?
Commercial property in Wilbur by the Sea, FL asks an average of $218 per square foot. The 6 most recent recorded sales traded at a median of $112/SF, so asking sits 94% above the achieved median. Retail carries the highest asking price at $248/SF.
How much does it cost to lease commercial space in Wilbur by the Sea?
Asking lease rates in Wilbur by the Sea, FL average $15.28 per square foot per year. Office asks $15.67/SF/Yr as of Q2 26, up from $15.25/SF/Yr in Q1 26.
Is it cheaper to lease or buy commercial space in Wilbur by the Sea?
Buying beats leasing in Wilbur by the Sea, FL if the property is held longer than 3.2 years, comparing $15.28/SF/Yr asking rent with $218/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.
How does Wilbur by the Sea compare to nearby markets on price?
Wilbur by the Sea, FL asks $218/SF against $218/SF in South Daytona, $218/SF in Port Orange and $218/SF in Daytona Beach Shores.
Where does Realmo's Wilbur by the Sea market data come from?
Realmo compiles Wilbur by the Sea, FL figures from 8 recent recorded sales, 543 active sale listings, 142 active lease listings, 4,102 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 543 active for-sale and 142 active for-lease listings in Wilbur by the Sea, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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
- the lease-vs-buy comparison mixes county-wide sale comps with city asking rents, 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
