Pinecrest, FL
Commercial Real Estate Market Trends & Data

$675 Avg asking sale price
$51 Avg asking lease rate
5,222 SF Avg unit lease size
7,773 SF Avg building size for sale
6.90% Average cap rate

Pinecrest's Demographic Profile

Pinecrest has 5,667 households and a median income of $158,282, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 17,071
# Households 5,667
Median age 44
Median household income $158,282
Avg household size 3.0
Renter-occupied housing units 1,266
5-year population change -3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Pinecrest, FL

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Pinecrest $627 7,916 SF 6.05%
Kendall $524 14,004 SF 6.66%
Coral Gables $736 7,038 SF 6.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Kendall $368 9,107 SF 8.00%
Village Of Palmetto Bay $378 5,041 SF 6.00%
Palmetto Bay $497 13,607 SF 6.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Pinecrest $778 7,060 SF
Kendall $687 10,166 SF
Village Of Palmetto Bay $775 8,085 SF
Coral Gables $929 7,783 SF
South Miami $766 5,917 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Kendall $649 11,237 SF 5.78%
Village Of Palmetto Bay $611 28,371 SF 5.78%
Coral Gables $541 12,104 SF 9.45%
Palmetto Bay $642 20,874 SF 5.78%

Commercial Properties For Sale in Pinecrest

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

Sunset Station - Suite 100

Miami, FL 33143

  • 56,500 SF Office Building
  • $4,530,000
For Sale

9711 SW 77th Ave

Miami, FL 33156

  • 3,481 SF Retail Building
  • 7.75% Cap Rate
  • $3,228,348
For Sale

S Dixie Strip Center

Miami, FL 33176

  • 9,000 SF Retail Building
  • $3,900,000
For Sale

9500 SW 77th Ave

Miami, FL 33156

  • 7,646 SF Office Building
  • $5,250,000
For Sale

Metropolis at Dadeland

Miami, FL 33156

  • 588,840 SF Multifamily
  • $1,350,000
For Sale

Plaza 57

South Miami, FL 33143

  • 69,000 SF Office Building
  • $1,600,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Pinecrest $675 7,773 SF
Kendall $570 11,693 SF
Village Of Palmetto Bay $606 8,236 SF
Coral Gables $757 9,287 SF
South Miami $733 9,777 SF

Regional Demographic Comparison

This comparison places Pinecrest 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 Pinecrest or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Pinecrest 17,071 5,667 44 $158,282 3 1,266 -3%
Kendall 75,287 29,186 44 $80,857 3 11,849 -3%
Village Of Palmetto Bay 116,618 40,307 44 $76,706 3 13,687 -4%
Coral Gables 47,641 19,232 43 $113,341 2 8,016 -1%
South Miami 11,448 4,598 40 $71,935 2 2,239 -2%

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

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

Pinecrest 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 Pinecrest?

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

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

How does Pinecrest compare to nearby commercial real estate markets?

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

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