On average, listings lease in the $20's per square foot per year. The Fort Lauderdale submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 26% decrease in rent.
Compared to the rest of the Gold Coast market, the Fort Lauderdale region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 131 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Fort Lauderdale are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,690 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this market were built in 1984 and are Class B.