Palmetto Bay Retail

Palmetto Bay

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
1,930

Palmetto Bay Rates

Most listings are in the $30's per square foot per year. The Palmetto Bay submarket is going through a a rise in rates. In the last 3 months, the median rate increased $34 per sqft per year.

Compared to the rest of the Gold Coast market, the Palmetto Bay region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Palmetto Bay Listing Supply

In the last 90 days, 18 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 6% of the available space in the Palmetto Bay are subleases, so you will probably have to consider a longer term lease. 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 1,930 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region were built in 1981 and are Class B.

Palmetto Bay Community

Market Data

Real time and historical data on commercial real estate listings in Palmetto Bay.
Research