Pembroke Pines, FL
Commercial Real Estate Market Trends & Data

Pembroke Pines's Demographic Profile

Pembroke Pines has 57,976 households and a median income of $77,809, 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 159,691
# Households 57,976
Median age 43
Median household income $77,809
Avg household size 3.0
Renter-occupied housing units 18,378
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Pembroke Pines, FL

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Pembroke Pines $452 3,423 SF 11.00%
Cooper City $462 2,991 SF 4.06%
Hollywood $547 5,397 SF 11.01%
Davie $413 6,318 SF 5.97%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Pembroke Pines $431 3,353 SF 7.06%
Cooper City $980 9,000 SF 4.00%
Hollywood $403 10,672 SF 7.06%
Miramar $352 8,082 SF 7.06%
Davie $456 4,143 SF 4.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Pembroke Pines $4,597 3,856 SF
Cooper City $3,127 4,216 SF
Hollywood $1,608 5,628 SF
Miramar $671 4,266 SF
Davie $2,508 4,294 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Pembroke Pines $15,826 1,433 SF 6.88%
Hollywood $1,609 9,637 SF 20.36%
Miramar $471 8,200 SF 6.83%
Davie $267 4,283 SF 6.91%
Hialeah Lakes $3,336 5,300 SF 7.70%

Commercial Properties For Sale in Pembroke Pines

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

2110 SW 60th Way

Miramar, FL 33023

  • 2,639 SF Industrial Building
  • $800,000
For Sale

B

Pembroke Pines, FL 33029

  • 60,000 SF Industrial Building
  • $1,100,000
For Sale

7061 Taft St

Hollywood, FL 33024

  • 1,859 SF Office Building
  • $1,025,000
For Sale

5836 Rodman St

Hollywood, FL 33023

  • 3,600 SF Industrial Building
  • 7.06% Cap Rate
  • $2,550,000
For Sale

O'Reilly Auto Parts NNN Investment

Cooper City, FL 33024

  • 7,225 SF Retail Building
  • 5.00% Cap Rate
  • $3,500,000
For Sale

Event Hall/Smoke Shop/Retail

Miramar, FL 33023

  • 3,130 SF Retail Building
  • $1,250,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Pembroke Pines $2,757 4,049 SF
Cooper City $1,018 3,837 SF
Hollywood $958 8,573 SF
Miramar $520 6,325 SF

Regional Demographic Comparison

This comparison places Pembroke Pines 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 Pembroke Pines or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Pembroke Pines 159,691 57,976 43 $77,809 3 18,378 -2%
Cooper City 31,220 10,065 41 $119,381 3 1,699 -3%
Southwest Ranches 6,809 2,050 44 $150,231 3 138 -4%
Miramar 125,845 38,531 38 $82,145 3 13,114 -2%

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

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

Pembroke Pines 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 Pembroke Pines?

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

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

How does Pembroke Pines compare to nearby commercial real estate markets?

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

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