South Florida Multifamily Market Report
Multifamily currently shows 1,787 active for-sale listings across our five-county footprint. The median asking price is $950,000 ($382 per SF where size is reported). 1,787 listings hit the market in the last 90 days. Multifamily remains the most resilient commercial asset class in South Florida, driven by population growth, in-migration, and chronic single-family undersupply.
Multifamily at a glance
| Active for-sale listings | 1,787 |
| Active for-lease listings | 0 |
| Median asking price | $950,000 |
| Median asking price per SF | $382 / SF |
| New listings, last 90 days | 1,787 |
The macro backdrop
| Indicator | Value | As of |
|---|---|---|
| 10-Year Treasury yield | 4.67% | 2026-05-19 |
| 30-Year fixed mortgage | 6.36% | 2026-05-14 |
| Federal Funds rate | 3.64% | 2026-04-01 |
| Florida unemployment | 4.70% | 2026-03-01 |
Sourced from the Federal Reserve (FRED). Rates move cap rates; read the listing stats above against this backdrop.
Multifamily by county
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Listing statistics are computed from active MLS feed data covering our five-county footprint, filtered through the same data-quality screen we use on our public listing search (impossible prices and malformed rows are excluded). Median price per SF only includes listings that report building size. Off-market inventory counts come from the property universe we maintain from county and commercial data sources. Macro indicators are sourced from the Federal Reserve (FRED). Counts are point-in-time snapshots, not a census of every transaction in the market.
Last updated . Refreshed daily.