Miami Beach Sublease

Miami Beach

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$53
Median Size (sqft)
1,500
As of: July 23, 2017

Miami Beach Rates

Most listings are in the $50's per square foot per year. The Miami Beach region is experiencing a decline in rates. In the last 3 months, the median rate fell $106 per sqft per year. That's a 67% decline in rent.

Compared to the rest of the Gold Coast market, the Miami Beach submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Miami Beach Listing Supply

In the last 90 days, 5 listings have been made available, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 220% of the available leases in the Miami 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this market are close to 4 stories. Most buildings in this region were built in 1959 and are Class A.

Miami Beach Community

Market Report

Trends and status of the commercial real estate market in Miami Beach.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Miami Beach.
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Miami Beach Submarkets