Downtown Miami Industrial

Downtown Miami

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Downtown Miami Rates

On average, listings lease in the $40's per square foot per year. The Downtown Miami submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 14% rise in rent.

Compared to the rest of the Gold Coast market, the Downtown Miami submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Downtown Miami Listing Supply

In the last 90 days, 91 listings have been listed, so you'll want to check back regularly for new listings. About 9% of the listings in the Downtown Miami are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,540 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 20 stories. Most buildings in this market were built in 1974 and are Class A.

Downtown Miami Community

A large portion of this area is residential, but there's plenty of office_space. Information is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Downtown Miami folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Miami.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Miami.