Ironmark Capital Advisory represents buyers, sellers, landlords, and tenants across Florida’s industrial markets — warehouse, flex, land, and industrial outdoor storage (IOS). Ironmark leads every engagement, pairing institutional discipline with on-the-ground knowledge of each metro and its submarkets. Choose your market for the local read and the ways we work there.
South Florida
Tampa Bay & the Gulf Coast
Central Florida & the I-4 Corridor
North, Space & Treasure Coast
Frequently Asked Questions
Which Florida industrial market has the lowest vacancy rate?
Melbourne has the lowest industrial vacancy of the ten Florida metros in Ironmark’s 3Q 2026 data, at 3.4%, followed by Fort Lauderdale at 7.2% (3Q 2026, data as of October 2026). Sarasota–Bradenton and Naples / Collier are not ranked here because their latest figures are from an earlier quarter. In a market that tight the constraint on a deal is supply rather than price, and space tends to trade quietly.
Which Florida industrial market has the highest vacancy rate?
Port St. Lucie carries the highest industrial vacancy of the ten Florida metros in Ironmark’s 3Q 2026 data, at 16.3%, ahead of Jacksonville at 9.5% and Orlando at 9.3% (3Q 2026, data as of October 2026). A metro rate is an average across sizes and vintages: high vacancy usually sits in recently delivered big-box space while functional small-bay product stays tighter.
Where is industrial rent cheapest in Florida?
Jacksonville has the lowest average industrial asking rent of the ten Florida metros in Ironmark’s 3Q 2026 data, about $8.69/SF per year, with Lakeland / Polk next at $9.18/SF (3Q 2026, data as of October 2026). The value markets sell logistics infrastructure rather than coastal land: Lakeland is the I-4 corridor’s big-box distribution spine between Tampa and Orlando, and Jacksonville pairs JAXPORT and Cecil Commerce Center with a low cost basis.
How does South Florida industrial pricing compare to Central and North Florida?
South Florida industrial rent runs well above Central and North Florida. Miami-Dade asks about $17.07/SF, Palm Beach County asks about $14.51/SF and Fort Lauderdale asks about $17.32/SF per year, against $10.72/SF in Orlando, $8.69/SF in Jacksonville and $9.18/SF in Lakeland / Polk; the cheapest South Florida county asks about 1.7 times the rent of the cheapest market in the state (3Q 2026, data as of October 2026). Cap rates run the other way: Miami-Dade at 5.9% (modeled), Palm Beach County at 6.4% (modeled) and Fort Lauderdale at 6.7% (modeled), against Orlando at 6.7% (modeled), Jacksonville at 7.1% (modeled) and Lakeland / Polk at 7.4% (modeled) — cheaper space, higher yield.
Why is industrial space more expensive in South Florida than the rest of the state?
South Florida industrial costs more because developable land is scarce and logistics demand is captive. Miami-Dade is Florida’s gateway market — port and airport logistics plus chronic land scarcity — and carries the lowest market cap rate in the state, 5.9% (modeled), with average asking rent near $17.07/SF per year. Palm Beach County is the supply-constrained northern anchor of the same market, at $14.51/SF, and Fort Lauderdale asks $17.32/SF (3Q 2026, data as of October 2026).
What are industrial cap rates in Florida?
Florida industrial market cap rates run from about 5.9% (modeled) in Miami-Dade to 8.5% (modeled) in Fort Myers across the ten metros in Ironmark’s 3Q 2026 data, with Jacksonville near 7.1% (modeled) and Lakeland near 7.4% (modeled) (3Q 2026, data as of October 2026). These are modeled market-wide rates; any single trade still turns on tenancy, lease term, building quality, and submarket — a parcel-specific valuation is the real number.
Which Florida industrial markets does Ironmark cover?
Ironmark Capital Advisory covers twelve Florida industrial metros: Miami-Dade, Broward, and Palm Beach County in South Florida; Tampa Bay, Sarasota–Bradenton, Fort Myers, and Naples on the Gulf Coast; Orlando and Lakeland on the I-4 corridor; and Jacksonville, the Space Coast, and the Treasure Coast. Ironmark represents buyers, sellers, landlords, and tenants in every one — warehouse, flex, land, and industrial outdoor storage (IOS).
Not sure which market fits?
Tell us what you’re working on — buying, selling, or leasing industrial anywhere in Florida — and Ironmark will point you the right way. No obligation.
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