On average, listings lease in the $60's per square foot per year. The Miami Beach region is seeing a an increase in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 14% increase in rent.
Compared to the rest of the Gold Coast market, the Miami Beach submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 210 listings have been listed, so you'll want to check back regularly for new listings. About 12% of the listings in the Miami Beach are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, 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 buildings in this region are approximately 4 stories. Most buildings in this market were built in 1959 and are Class A.
Real time and historical data on commercial real estate listings in Miami Beach.
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