Most listings are in the $20's per square foot per year. The Downtown Fort Lauderdale region is seeing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 15% decrease in rent.
Compared to the rest of the Gold Coast market, the Downtown Fort Lauderdale submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 56 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the listings in the Downtown Fort Lauderdale are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,220 sqft. Most buildings in this region are approximately 17 floors. Most buildings in this market were built in 1990 and are Class A.
This area is fairly equally mixed residential and commercial. Real estate is the dominant industry in this market. Most of the folk of Downtown Fort Lauderdale work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.