The typical asking rate per listing is in the $40's per square foot per year. The Downtown Miami region is going through a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 14% rise in rent.
Compared to the rest of the Gold Coast market, the Downtown Miami region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 90 listings have been made available, so you'll want to check back regularly for new listings. About 9% of the available space in the Downtown Miami are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,540 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 20 stories. Most buildings in this region were built in 1974 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Information is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Downtown Miami folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.