Florida Industrial Market Reports
Proprietary research and quarterly Florida industrial market reports — vacancy, asking rents, how much space tenants are filling, sale prices and returns, and recent deals from the Ironmark team.
Ironmark publishes a free quarterly industrial market report for ten Florida metros — Miami-Dade, Fort Lauderdale, Palm Beach County, Port St. Lucie, Melbourne, Orlando, Lakeland / Polk, Tampa Bay, Fort Myers and Jacksonville — plus a statewide net-lease brief. In 3Q 2026 (data as of October 2026), industrial vacancy ran from 3.4% in Melbourne to 16.3% in Port St. Lucie, and average asking rent from $8.69 per SF per year in Jacksonville to $17.32 in Fort Lauderdale, according to Ironmark research.
Metro Briefs
- Vacancy, absorption & asking-rent trends
- Submarket-level detail across the metro
- Notable sales, leases & construction projects
- Capital markets & cap-rate migration
- A ground-level read from Ironmark
Florida industrial market at a glance, 3Q 2026
Headline figures from each metro’s current Ironmark report, data as of October 2026; the full submarket detail is in each report.
| Market | Vacancy | Avg asking rent ($/SF/yr) | Median sale price | Market cap rate |
|---|---|---|---|---|
| Miami-Dade | 7.8% | $17.07/SF | $298/SF | 5.9% (modeled) |
| Fort Lauderdale (Broward) | 7.2% | $17.32/SF | $274/SF | 6.7% (modeled) |
| Palm Beach County | 8.1% | $14.51/SF | $285/SF | 6.4% (modeled) |
| Port St. Lucie (Treasure Coast) | 16.3% | $10.90/SF | $212/SF | 7.7% (modeled) |
| Melbourne (Space Coast) | 3.4% | $13.71/SF +2.3% in a year | $149/SF | 8.2% (modeled) |
| Orlando | 9.3% | $10.72/SF | $185/SF | 6.7% (modeled) |
| Lakeland / Polk | 7.7% | $9.18/SF | $129/SF | 7.4% (modeled) |
| Tampa Bay | 8.3% | $11.35/SF | $165/SF | 7.6% (modeled) |
| Fort Myers (Lee County) | 9.2% | $13.75/SF | $214/SF | 8.5% (modeled) |
| Jacksonville | 9.5% | $8.69/SF | $145/SF | 7.1% (modeled) |
Source: Ironmark research, quarterly Florida Industrial Market Reports, 3Q 2026 (data as of October 2026). “Modeled” marks a market-wide estimate rather than an average of closed sales. Asking rent is the average asking rent per square foot per year (for most metros, the market consensus of third-quarter brokerage reports); sale price is the median of the past twelve months’ sales. Refreshed each quarter. Absorption, construction and rent change for every metro are in the full Florida industrial market data table.
Questions about Florida industrial market data
What is the industrial vacancy rate in Florida?
Industrial vacancy across the ten Florida metros Ironmark reports on ranged from 3.4% in Melbourne to 16.3% in Port St. Lucie in 3Q 2026 (data as of October 2026), according to Ironmark research. Each metro’s report breaks its rate down by submarket and building size, where vacancy varies far more than the headline suggests.
Where is industrial rent highest and lowest in Florida?
Average industrial asking rent was highest in Fort Lauderdale at $17.32 per SF per year and lowest in Jacksonville at $8.69 per SF per year in 3Q 2026, according to Ironmark research. The most expensive market asks about 2.0 times the rent of the least expensive.
What are industrial cap rates in Florida?
Florida industrial market cap rates ran from about 5.9% (modeled) in Miami-Dade to 8.5% (modeled) in Fort Myers in 3Q 2026, according to Ironmark research. Any single deal still turns on tenancy, lease term and building quality.
What does industrial property sell for in Florida?
Median industrial sale prices over the twelve months to 3Q 2026 ranged from $129/SF in Lakeland / Polk to $298/SF in Miami-Dade, according to Ironmark research. A median describes the market, not a single building: clear height, loading, land and tenancy set any one price.
How often does Ironmark publish Florida industrial market reports?
Quarterly. Each brief is named for the calendar quarter its data covers and is published in the first weeks of the following quarter, so the 3Q 2026 reports carry data as of October 2026. Each metro keeps one permanent report address that always holds the latest edition.
Which Florida markets does Ironmark publish industrial reports for?
Ironmark publishes quarterly industrial reports for Miami-Dade, Fort Lauderdale, Palm Beach County, Port St. Lucie, Melbourne, Orlando, Lakeland / Polk, Tampa Bay, Fort Myers and Jacksonville, plus a statewide Florida net-lease brief. Each report covers vacancy, absorption, asking rent, sales and cap rates, construction and submarket detail.
Are Ironmark’s market reports free?
Yes. Every report page is free to read with no form. The full PDF edition of each brief is sent on request.
New to industrial? Our Florida industrial real estate guides explain the terms behind these numbers — what IOS is, how warehouse space is priced, and what drives value.