Palm City, FL
Commercial Real Estate Market Trends & Data

$514 Avg asking sale price
$559 Avg asking lease rate
13,131 SF Avg unit lease size
6,783 SF Avg building size for sale
6.08% Average cap rate

Palm City's Demographic Profile

Palm City has 10,121 households and a median income of $95,576, providing context for rent absorption and tenant demand across retail and multifamily assets. A +2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 24,719
# Households 10,121
Median age 50
Median household income $95,576
Avg household size 2.0
Renter-occupied housing units 1,512
5-year population change +2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Palm City, FL

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Stuart $429 5,649 SF 6.42%
Port Saint Lucie $258 121,763 SF 8.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Palm City $610 7,665 SF
Stuart $893 15,673 SF
Port Salerno $773 2,500 SF
Jensen Beach $1,589 22,555 SF
Port Saint Lucie $751 5,441 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Jensen Beach $273 7,330 SF 5.68%
Jupiter $277 36,851 SF 6.17%
Tequesta $433 32,302 SF 6.17%
Fort Pierce $284 26,654 SF 10.10%

Commercial Properties For Sale in Palm City

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

3359 SW 42nd Ave

Palm City, FL 34990

  • 7,301 SF Industrial Building
  • $1,199,000
For Sale

.45 AC BMU - East Stuart Development Site

Stuart, FL 34994

  • 0.45 AC Lot
  • 1 Commercial Lot
  • $839,000
For Sale

611 SW Federal Hwy

Stuart, FL 34994

  • 13,785 SF Office Building
  • $2,750,000
For Sale

4287-4303 SW High Meadows Ave

Palm City, FL 34990

  • 11,322 SF Flex Building
  • $425,000 - $515,000
For Sale

Fast-Food Restaurant w/ Drive-Thru

Stuart, FL 34994

  • 3,046 SF Retail Building
  • $1,895,000
For Sale

Standalone Downtown Stuart Building

Stuart, FL 34994

  • 3,837 SF Office Building
  • $1,500,000

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 Palm City pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Palm City $514 6,783 SF
Stuart $555 30,062 SF
Port Salerno $526 9,998 SF
Ocean Breeze $345 5,161 SF
Hobe Sound $408 4,821 SF

Regional Demographic Comparison

This comparison places Palm City 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 Palm City or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Palm City 24,719 10,121 50 $95,576 2 1,512 2%
Stuart 20,892 9,482 51 $53,524 2 3,952 7%
Port Salerno 11,257 5,059 55 $61,907 2 1,226 6%
Ocean Breeze 682 374 59 $38,480 2 148 9%
Hobe Sound 12,414 5,772 57 $54,100 2 1,329 4%

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

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

Palm City 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 Palm City?

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

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

How does Palm City compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Palm City. 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 Palm City acquisitions?

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