The typical asking rate per listing is in the $50's per square foot per year. The Coral Way region is experiencing a an increase in rates. In the last 3 months, the median rate went up $53 per sqft per year.
Compared to the rest of the Gold Coast market, the Coral Way region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 5 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,230 sqft. Most buildings in this market are around 7 stories. Most buildings in this market were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Most of the occupants of Coral Way work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.