Most listings are in the $30's per square foot per year. The Flagler Heights region is going through a a boost in rates. In the last 3 months, the median rate went up $9 per sqft per year. That's a 37% increase in rent.
Compared to the rest of the Gold Coast market, the Flagler Heights submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 4 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. 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 4,090 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 4 floors. Most buildings in this market were built in 1971 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Most of the occupants of Flagler Heights work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.