Miami Beach Retail

Miami Beach

Office Space Market Report

Number of Listings (last 90 days)
210
Median Rate ($/sqft/yr)
$53
Median Size (sqft)
1,310
As of: August 22, 2017

Miami Beach Rates

Most listings are in the $50's per square foot per year. The Miami Beach submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 12% decline in rent.

Compared to the rest of the Gold Coast market, the Miami Beach region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Miami Beach Listing Supply

In the last 90 days, 210 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the available leases in the Miami Beach are subleases, so you will probably have to focus your search on direct office leases. 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 1,310 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this area were built in 1959 and are Class A.

Miami Beach Community

Market Report

Trends and status of the commercial real estate market in Miami Beach.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Miami Beach.
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