Downtown Miami Sublease

Downtown Miami

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 26, 2016

Downtown Miami Rates

The typical asking rate per listing is in the $40's per square foot per year. The Downtown Miami region is going through a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 14% rise in rent.

Compared to the rest of the Gold Coast market, the Downtown Miami region has greater rates, and you'll need to make a great offer to be in this hot region.

Downtown Miami Listing Supply

In the last 90 days, 90 listings have been made available, so you'll want to check back regularly for new listings. About 9% of the available space in the Downtown Miami are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,540 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 20 stories. Most buildings in this region were built in 1974 and are Class A.

Downtown Miami Community

A large portion of this area is residential, but there's plenty of office_space. Information is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Downtown Miami folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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