North Palm Beach, FL
Commercial Real Estate Market Trends & Data

$483 per SF Avg asking sale price
$35 per SF Avg asking lease rate
4,448 SF Avg unit lease size
15,731 SF Avg building size for sale
6.31% Average cap rate

North Palm Beach's Demographic Profile

North Palm Beach has 7,339 households and a median income of $88,384, 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 14,279
# Households 7,339
Median age 57
Median household income $88,384
Avg household size 2.0
Renter-occupied housing units 1,831
5-year population change +5%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
North Palm Beach $524 7,528 SF 7.62%
Juno Beach $583 5,991 SF 7.62%
Singer Island $313 26,388 SF 6.54%
Riviera Beach $315 29,431 SF 6.54%
Nearby Retail Markets Avg Cost/SF Typical Size
North Palm Beach $465 8,474 SF
Juno Beach $583 5,991 SF
Lake Park $270 7,999 SF
Singer Island $376 15,145 SF
Riviera Beach $376 15,145 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
North Palm Beach $411 4,470 SF 5.88%
Juno Beach $390 4,800 SF 5.37%
Singer Island $454 6,835 SF 8.07%
Riviera Beach $454 6,835 SF 8.07%
Palm Beach Gardens $299 4,470 SF 5.88%

Commercial Properties For Sale in North Palm Beach

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Former Ruth's Chris Steakhouse and Austin Rep

North Palm Beach, FL 33408

  • 7,225 SF Retail Building
  • $6,250,000
For Sale

Building B

Palm Beach Gardens, FL 33410

  • 2,034 SF Office Building
  • $1,050,000
For Sale

Dillone Apartments

North Palm Beach, FL 33408

  • 4,140 SF Multifamily
  • 5.88% Cap Rate
  • $1,300,000
For Sale

Juno Villas

North Palm Beach, FL 33408

  • 4,800 SF Multifamily
  • 5.37% Cap Rate
  • $1,700,000
For Sale

Building 1

North Palm Beach, FL 33408

  • 17,330 SF Office Building
  • $7,950,000
For Sale

11961 US Highway One

North Palm Beach, FL 33408

  • 0.30 AC Lot
  • 1 Commercial Lot
  • $890,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether North Palm Beach pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
North Palm Beach $483 15,731 SF
Juno Beach $604 5,264 SF
Lake Park $385 26,178 SF
Singer Island $529 21,437 SF
Riviera Beach $519 21,915 SF

Regional Demographic Comparison

This comparison places North Palm 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 North Palm Beach or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
North Palm Beach 14,279 7,339 57 $88,384 2 1,831 5%
Juno Beach 5,575 2,863 66 $82,382 2 751 11%
Singer Island 44,462 18,046 45 $59,157 2 7,723 10%
Riviera Beach 50,669 19,431 42 $59,384 3 8,512 10%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in North Palm 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 North Palm Beach

View All Commercial Real Estate For Sale in North Palm Beach
Is North Palm Beach a good market for a first-time commercial real estate investor?

North Palm 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.

How can this market data help me decide whether to buy commercial property for my business in North Palm Beach?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in North Palm 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.

What should conservative investors focus on when evaluating commercial properties in North Palm Beach?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for North Palm Beach. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does North Palm Beach compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to North Palm Beach. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for North Palm Beach acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in North Palm 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.

Nearby Market Trends