Delray Beach, FL
Commercial Real Estate Market Trends & Data
Delray Beach's Demographic Profile
Delray Beach has 33,309 households and a median income of $74,542, providing context for rent absorption and tenant demand across retail and multifamily assets. A +5% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 71,600 |
| # Households | 33,309 |
| Median age | 48 |
| Median household income | $74,542 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 12,996 |
| 5-year population change | +5% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Delray Beach, FL
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Delray Beach | $920 | 10,353 SF | 6.40% |
| Boynton Beach | $597 | 5,278 SF | 5.26% |
| Hypoluxo | $553 | 3,800 SF | 5.26% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Boynton Beach | $546 | 10,407 SF | 7.48% |
| Hypoluxo | $438 | 15,058 SF | 7.48% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Delray Beach | $1,172 | 5,207 SF |
| Golf | $259 | 21,202 SF |
| Boynton Beach | $501 | 17,382 SF |
| Gulf Stream | $588 | 7,895 SF |
| Boca Raton | $982 | 14,053 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Delray Beach | $755 | 3,798 SF | 8.88% |
| Boynton Beach | $312 | 23,538 SF | 9.24% |
| Boca Raton | $531 | 12,895 SF | 8.88% |
| Hypoluxo | $398 | 17,155 SF | 8.26% |
| Lake Worth | $502 | 11,041 SF | 8.26% |
Commercial Properties For Sale in Delray Beach
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Delray Beach pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Delray Beach | $843 | 9,416 SF |
| Golf | $259 | 21,202 SF |
| Boynton Beach | $551 | 13,841 SF |
| Gulf Stream | $613 | 7,204 SF |
| Boca Raton | $637 | 11,131 SF |
Regional Demographic Comparison
This comparison places Delray Beach alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Delray Beach or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Delray Beach | 71,600 | 33,309 | 48 | $74,542 | 2 | 12,996 | 5% |
| Golf | 315 | 135 | 53 | $119,317 | 2 | 8 | 3% |
| Boynton Beach | 84,507 | 36,183 | 44 | $63,013 | 2 | 14,631 | 4% |
| Gulf Stream | 1,029 | 505 | 64 | $207,985 | 2 | 68 | 8% |
| Boca Raton | 110,949 | 47,233 | 46 | $96,226 | 2 | 16,433 | 6% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Delray Beach, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Delray Beach
Delray Beach offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Delray Beach. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Delray Beach. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Delray Beach. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Delray Beach, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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