On average, listings lease in the $100's per square foot per year. The South Beach region is going through a a rise in rates. In the last 3 months, the median rate went up $15 per sqft per year. That's a 17% increase in rent.
Compared to the rest of the Bay Area market, the South Beach submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 12 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 25% of the available leases in the South Beach are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,950 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this market were built in 1920 and are Class C.
A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this region. Most of the occupants of South Beach work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.