On average, listings lease in the $0's per square foot per year. The Coral Gables Section region is going through a decline in rates. In the last 3 months, the median rate decreased $55 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 5 listings have been posted online, which means listings 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 posted, so finding a space for a small business might be tough.
Even though the median size is 8,980 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 13 stories. Most buildings in this region were built in 1981 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Coral Gables Section residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.