On average, listings lease in the $20's per square foot per year. The Lauderdale-by-the-Sea submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $25 per sqft per year.
Compared to the rest of the Gold Coast market, the Lauderdale-by-the-Sea submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 9 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,700 sqft. Most buildings in this region were built in 1973 and are Class B.
Real time and historical data on commercial real estate listings in Lauderdale-by-the-Sea.
Get email notifications when new listings are posted that match your requirements.