Highlights
- The average rent for office space in Palm Harbor is $26.21 per square foot, 26.80% higher compared to the previous year.
- The market’s vacancy rate stands at 23.66%, higher than the state average of Florida, which is 15.13%.
2025 Office Space Rent & Sales
- $26.21 2025 Avg. Asking Rent
- 26.80% Y-o-Y Avg. Asking Rent Change
- 23.66% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Palm Harbor?
Average asking rents for office space here stand at $26.21 per square foot. The local office market recorded an average vacancy rate of 23.66% in 2025, unchanged from 23.66% in 2024.
Palm Harbor, 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.
What are the largest recent office completions in Palm Harbor?
The largest recent office completion here is The Fountains Plaza at 83,300 square feet, completed in 1983. The next largest completions are Highland Commons and Twin Lakes Plaza in Palm Harbor.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Laufer Institute of Plastic Surgery | 3129 Alternate 19, 34698 | 14,770 | 2009 |
| Gibraltar Crossings | 35095 US Hwy 19 N., 34684 | 23,466 | 2001 |
| Key West Center Executive Suites | 2706 U.S. 19 Alternate, 34683 | 16,500 | 1990 |
| Highland Commons | 34125 US Route 19 North, 34684 | 63,548 | 1989 |
| Gibraltar II Crossings | 35111 US Hwy 19 N., 34684 | 29,658 | 1988 |
| 3370-3398 Tampa Road | 3370 Tampa Road, 34684 | 17,384 | 1987 |
| Twin Lakes Plaza in Palm Harbor | 31988 US Highway 19 North, 34684 | 45,000 | 1986 |
| Palm Harbor Office Building (EXECUTIVE OFFICE - TRADITIONAL OFFICE PALM HARBOR) | 34921 US Highway 19 North, 34684 | 12,634 | 1984 |
| Palm Lake Square Retail / Medical Office Condo | 32502 US Hwy 19 N #B, 34684 | 925 | 1984 |
| The Fountains Plaza | 34726 US Highway 19 North, 34684 | 83,300 | 1983 |
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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.