Most listings are in the $30's per square foot per year. The Downtown Fort Lauderdale submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 18% decline in rent.
Compared to the rest of the Gold Coast market, the Downtown Fort Lauderdale region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 15 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 93% of the available leases in the Downtown Fort Lauderdale are subleases, so you might be able to sign a shorter term by taking over a previous 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 2,170 sqft. Most buildings in this market are approximately 17 floors. Most buildings in this area were built in 1989 and are Class A.
This market is fairly equally mixed residential and commercial. Real estate is the dominant industry in this area. 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.