Miami Central Business District Commercial Real Estate For Lease

Miami Central Business District

Market Report

Number of Listings For Lease
Posted in the last 90 days
24
Median Rate ($/sqft/yr)
$53
Median Size (sqft)
1,720

Miami Central Business District Commercial Real Estate

Find Miami Central Business District commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Miami Central Business District commercial real estate broker in Miami Central Business District's Top Broker Directory. Learn about Miami Central Business District commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Miami Central Business District Rates

The typical asking rate per commerial real estate listing leases is in the $50's per square foot per year. The Miami Central Business District submarket is experiencing a a rise in rates. In the last 3 months, the median rate for lease went up $11 per sqft per year. That's a 25% increase in rent.

Compared to the rest of the Gold Coast commercial real estate market, the Miami Central Business District submarket has more expensive rates for rent, and you may need to make a great offer to be in this hot submarket.

Miami Central Business District Listing Supply

In the last 90 days, 533 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 3,780 sqft. Most properties in this area are approximately 14 stories. Most buildings in this market were built close to 1970 and are Class B.

Miami Central Business District Community

A large portion of this area is residential, but there's plenty of office space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Miami Central Business District residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Miami Central Business District.
Research