South Florida Commercial Sales Jump Double Digits in First Half of 2025
Key Takeaways
Commercial sales volume rose 10% to $5.6 billion in the first half of 2025 in the counties of Miami-Dade, Broward, and Palm Beach.
The strong growth in office assets ($1.4 billion, +110%) and multifamily ($2 billion, +5%) bolstered sales.
Broward County landed the largest deals with the acquisitions of two office buildings on Las Olas Boulevard. In Miami-Dade, the luxury apartment building acquisition of Blackstone is indicative of the strong confidence of institutional investors in the Miami market area.