Miami Beach Industrial

Need Help Finding Space?
Douglas Elliman Commercial
I represent tenants and can
help you go see this space.

Miami Beach

Market Report

Number of Listings
Posted in the last 90 days
10
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
1,780

Miami Beach Rates

Most listings are in the $40's per square foot per year. The Miami Beach submarket is going through a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 13% decline in rent.

Compared to the rest of the Gold Coast market, the Miami Beach region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Miami Beach Listing Supply

In the last 90 days, 210 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Miami Beach are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,780 sqft. Most properties in this area are close to 4 floors. Most buildings in this area were built in 1959 and are Class A.

Miami Beach Community

Market Data

Real time and historical data on commercial real estate listings in Miami Beach.
Research