Compared to the rest of the Gold Coast market, the Miami Financial District submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 23 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 26% of the available space in the Miami Financial District are subleases, so you might be able to find a shorter term or below market rent. 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 4,050 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 27 stories. Most buildings in this area were built in 1982 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this market. Most of the residents of Miami Financial District work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.