Most listings are in the $40's per square foot per year. The Coral Gables submarket is going through a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Gold Coast market, the Coral Gables submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 53 listings have come on the market, so you'll want to check back regularly for new listings. About 91% of the listings in the Coral Gables 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,220 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 7 floors. Most buildings in this region were built in 1971 and are Class A.