Compared to the rest of the Gold Coast market, the Miami Central Business District region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 18 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 11% of the office spaces in the Miami Central Business District 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,730 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 28 stories. Most buildings in this region were built in 1973 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Miami Central Business District folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.