Most listings are in the $40's per square foot per year. The Coral Gables region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 9% decrease in rent.
Compared to the rest of the Gold Coast market, the Coral Gables submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 69 listings have been made available, so you'll want to check back regularly for new listings. 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 2,220 sqft. Most properties in this market are around 7 stories. Most buildings in this market were built in 1971 and are Class A.