On average, listings lease in the $0's per square foot per year. The Downtown Fort Lauderdale submarket is seeing a decline in rates. In the last 3 months, the median rate fell $40 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 15 listings have been posted online, which means listings most likley are 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.
The standard measurement for office space in this area is around sqft. Most buildings in this region are around 17 stories. Most buildings in this area were built in 1989 and are Class A.
This market is fairly equally mixed residential and commercial. Real estate is the dominant industry in this market. Most of the residents of Downtown Fort Lauderdale work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.