2024 Office Space Rent & Sales
- $21.98 2024 Avg. Asking Rent
- 29.05% 2024 Office Vacancy Rate
Longwood office price per square foot in 2024 was $21.98 on average. The local office market recorded an average vacancy rate of 29.05% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Florida Class A & A+ Office Space$40.20
- Florida Class B Office Space$27.71
- Florida Class C Office Space$22.62
Longwood, FL Office Asking Rents by Class
2024 Office Vacancy Rates in Longwood
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Lake Mary | $27.14 | 24.96% |
East Seminole County | $27.13 | 27.88% |
Altamonte Springs | $26.05 | 19.50% |
Sanford | $22.83 | 10.51% |
Coworking Spaces in Florida
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Office building | Address | SF | Completed |
---|---|---|---|
685 South Ronald Reagan Boulevard | 685 South Ronald Reagan Blvd, 32750 | 14,705 | 2004 |
740 Florida Central Pkwy | 740 Florida Central Pkwy, 32750 | 20,140 | 1997 |
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 |
390 West State Road 434 | 390 West State Road 434, 32750 | 15,300 | 1985 |
Protegrity Place I | 260 Wekiva Springs Road, 32779 | 66,991 | 1984 |
Protegrity Place I | 260 Wekiva Springs Road, 32779 | 66,991 | 1984 |
250 North Street | 250 North St, 32750 | 20,000 | 1981 |
Worth noting among recent office completions on the Longwood market is 685 South Ronald Reagan Boulevard, which is currently the largest new office development in the city, at 14,705 square feet.
See reports for other markets
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Longwood commercial properties sized 25,000 square feet or larger.
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 CommercialEdge can guarantee that the information provided is complete.