The typical asking rate per listing is in the $70's per square foot per year. The Palmetto Park submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $79 per sqft per year.
Compared to the rest of the Gold Coast market, the Palmetto Park region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 0 listings have been made available, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available leases in the Palmetto Park 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.
The standard measurement for office space in this area is around 500 sqft. Most buildings in this area are approximately 8 floors. Most buildings in this region were built in 1970 and are Class A.
Public administration is the dominant industry in this market. Most of the residents of Palmetto Park work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.