Miami Beach Retail

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Douglas Elliman Commercial
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1654 Meridian Ave - 4 Spaces City Center, Miami Beach, FL  
Sep 22
260 - 400
sqft
Retail
815 Lincoln Rd - 3 Spaces City Center, Miami Beach, FL 15.8 foot ceiling height
May 22
1,400 - 1,450
sqft
Retail Restaurant

Miami Beach

Market Report

Number of Listings
Posted in the last 90 days
24
Median Rate ($/sqft/yr)
$61
Median Size (sqft)
1,780

Miami Beach Rates

Most listings are in the $60's per square foot per year. The Miami Beach region is going through a a rise in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 15% increase in rent.

Compared to the rest of the Gold Coast market, the Miami Beach region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Miami Beach Listing Supply

In the last 90 days, 210 listings have been made available, so you'll want to check back regularly for new listings. About 12% of the available space 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 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 buildings in this area are approximately 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.
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