The typical asking rate per listing is in the $30's per square foot per year. The Fountainebleau region is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decrease in rent.
Compared to the rest of the Gold Coast market, the Fountainebleau submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 4 listings have been made available, which means office spaces might be 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 1,460 sqft. Most properties in this area are approximately 4 floors. Most buildings in this region were built in 1993 and are Class B.