The typical asking rate per listing is in the $30's per square foot per year. The Hollywood Beach submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 25% decline in rent.
Compared to the rest of the Gold Coast market, the Hollywood Beach region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 1 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,050 sqft. Most buildings in this market were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Hollywood Beach residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.