Allapattah Office Space

Allapattah

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
11,780
As of: May 27, 2017

Allapattah Rates

The typical asking rate per listing is in the $20's per square foot per year. The Allapattah region is going through a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 20% decline in rent.

Compared to the rest of the Gold Coast market, the Allapattah region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Allapattah Listing Supply

In the last 90 days, 7 listings have come on the market, which means new listings most likley are 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 posted, so finding a space for a small business might be tough.

Even though the median size is 11,780 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 5 floors. Most buildings in this market were built in 1985 and are Class A.

Allapattah Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Allapattah occupants. Commuting close to 30 minutes 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 Allapattah.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Allapattah.
Research