Highlights
- The average rent for office space in Longwood is $22.88 per square foot, 4.06% higher compared to the previous year.
- The market’s vacancy rate stands at 32.00%, higher than the state average of Florida, which is 15.13%.
2025 Office Space Rent & Sales
- $22.88 2025 Avg. Asking Rent
- 4.06% Y-o-Y Avg. Asking Rent Change
- 32.00% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Longwood?
Average asking rents for office space here stand at $22.88 per square foot. The local office market recorded an average vacancy rate of 32.00% in 2025, unchanged from 32.00% in 2024.
Longwood, FL Office Asking Rents by Class
What is the average office rent per square foot by property class in FL?
- Avg. Asking Rent Class A & A+$45.91
- Avg. Asking Rent Class B$27.03
- Avg. Asking Rent Class C$19.30
For comparison, the average rent for Class A and A+ office space in Florida was $45.91 per square foot. The state-wide average for Class B space was $27.03 per square foot, and Class C office spaces averaged $19.30 per square foot.
Longwood, FL Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Lake Mary | $29.87 | 26.73% |
| Altamonte Springs | $28.47 | 21.66% |
| East Seminole County | $24.83 | 26.37% |
| Sanford | $22.83 | 10.81% |
What are the largest recent office completions in Longwood?
The largest recent office completion here is Two Protegrity Place at 71,016 square feet, completed in 1985. The next largest completions are Protegrity Place I and Protegrity Place I.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 685 South Ronald Reagan Blvd | 685 South Ronald Reagan Blvd, 32750 | 14,705 | 2004 |
| Second Floor Medical Space | Immediate Hospital Proximity | 451 South Milwee Street, 32750 | 9,000 | 1990 |
| Two Protegrity Place | 280 Wekiva Springs Road, 32779 | 71,016 | 1985 |
| 1200 West State Road 434 | 1200 West State Road 434, 32750 | 30,183 | 1985 |
| Protegrity Place I | 260 Wekiva Springs Road, 32779 | 66,991 | 1984 |
| Protegrity Place I | 260 Wekiva Springs Road, 32779 | 66,991 | 1984 |
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.