Most listings are in the $30's per square foot per year. The Flagler Heights region is experiencing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 6% rise in rent.
Compared to the rest of the Gold Coast market, the Flagler Heights region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 14 listings have come on the market, which means spaces might be going fast. 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.
Even though the median size is 5,220 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this market were built in 1971 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Most of the folk of Flagler Heights work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.