The typical asking rate per listing is in the $20's per square foot per year. The North Miami submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $16 per sqft per year. That's a 38% decrease in rent.
Compared to the rest of the Gold Coast market, the North Miami submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 7 listings have been posted online, which means listings might be 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 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 500 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1969 and are Class B.