South Miami Office Space

South Miami

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 23, 2016

South Miami Rates

The typical asking rate per listing is in the $30's per square foot per year. The South Miami submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $29 per sqft per year. That's a 46% decline in rent.

Compared to the rest of the Gold Coast market, the South Miami region has greater rates, and you'll need to pay a premium to be in this hot submarket.

South Miami Listing Supply

In the last 90 days, 2 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,650 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this region were built in 1984 and are Class B.

South Miami Community

Market Report

Trends and status of the commercial real estate market in South Miami.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Miami.

South Miami Submarkets