Most listings are in the $40's per square foot per year. The Downtown Fort Lauderdale submarket is going through a a rise in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 10% increase in rent.
Compared to the rest of the Gold Coast market, the Downtown Fort Lauderdale region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 366 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the available space in the Downtown Fort Lauderdale are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 1,930 sqft. Most buildings in this area are around 17 floors. Most buildings in this region were built in 1989 and are Class A.
This area is fairly equally mixed residential and commercial. Real estate is the dominant industry in this market. Most of the folk of Downtown Fort Lauderdale work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Downtown Fort Lauderdale.
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