On average, listings lease in the $40's per square foot per year. The North Miami Beach submarket is going through a decline in rates. In the last 3 months, the median rate decreased $17 per sqft per year. That's a 27% decline in rent.
Compared to the rest of the Gold Coast market, the North Miami Beach submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 1 listings have been listed, which means new listings are probably 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,440 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region were built in 1972 and are Class B.