The typical asking rate per listing is in the $20's per square foot per year. The Lauderdale-by-the-Sea submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $25 per sqft per year.
Compared to the rest of the Gold Coast market, the Lauderdale-by-the-Sea submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 9 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,700 sqft. Most buildings in this region were built in 1973 and are Class B.
Real time and historical data on commercial real estate listings in Lauderdale-by-the-Sea.
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