On average, listings lease in the $50's per square foot per year. The Coral Way submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $53 per sqft per year.
Compared to the rest of the Gold Coast market, the Coral Way 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, 7 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. 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 700 sqft. Most buildings in this region are close to 7 stories. Most buildings in this area were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Most of the folk of Coral Way work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.