Compared to the rest of the Gold Coast market, the Downtown Fort Lauderdale submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 15 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 20% of the listings in the Downtown Fort Lauderdale are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,790 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 17 floors. Most buildings in this market were built in 1989 and are Class A.
This market is fairly equally mixed residential and commercial. Real estate is the dominant industry in this market. Most of the occupants of Downtown Fort Lauderdale work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.