Most listings are in the $30's per square foot per year. The Flagler Heights submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the Gold Coast market, the Flagler Heights region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 13 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,300 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 3 floors. Most buildings in this region were built in 1965 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Most of the residents of Flagler Heights work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.