Most listings are in the $30's per square foot per year. The Downtown Fort Lauderdale region is experiencing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 5% rise in rent.
Compared to the rest of the Gold Coast market, the Downtown Fort Lauderdale region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 366 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Downtown Fort Lauderdale are subleases, so you will probably have to focus your search on direct office leases. 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 1,680 sqft. Most properties in this area are around 17 stories. Most buildings in this market were built in 1989 and are Class A.
This region is fairly equally mixed residential and commercial. Real estate is the dominant industry in this region. 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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