Miami Beach Sublease

Miami Beach

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$158
Median Size (sqft)
2,230
As of: June 24, 2017

Miami Beach Rates

The typical asking rate per listing is in the $150's per square foot per year. The Miami Beach submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $158 per sqft per year.

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

Miami Beach Listing Supply

In the last 90 days, 5 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 280% of the listings in the Miami Beach are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,230 sqft. Most buildings in this area are around 4 floors. Most buildings in this market 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.
Research

Miami Beach Submarkets