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842 Commercial Real Estate Listings in Miami, FL

  • One Biscayne Tower - Miami
    2 S Biscayne Blvd, Downtown Miami, Miami, FL 33131
    Contact for pricing
    Property
    • Office
    Availability
    • 17 Spaces
    • 179,760 Sqft
  • 801 Brickell - Miami
    801 Brickell Avenue, Brickell, Miami, FL 33131
    Contact for pricing
    Property
    • Office
    Availability
    • 2 Spaces
    • 13,509 Sqft
  • North Tower - Miami
    1101 Brickell Avenue, Brickell, Miami, FL 33131
    Contact for pricing
    Property
    • Office
    Availability
    • 23 Spaces
    • 50,333 Sqft
  • South Tower - Miami
    1101 Brickell Avenue, Brickell, Miami, FL 33131
    For Lease $36 - $38/Sqft/Year
    Property
    • Office
    Availability
    • 11 Spaces
    • 26,575 Sqft
  • 9250 Doral - Miami
    9250 NW 36th St, Virginia Gardens, Miami, FL 33178
    Contact for pricing
    Property
    • Office
    Availability
    • 4 Spaces
    • 75,435 Sqft
  • One Datran Center - Miami
    9100 South Dadeland Boulevard, Downtown Dadeland, Miami, FL 33156
    Contact for pricing
    Property
    • Office
    Availability
    • 13 Spaces
    • 52,575 Sqft
  • Four Seasons Hotel & Tower Office - Miami
    1441 Brickell Avenue, Brickell, Miami, FL 33131
    For Lease $60 - $63/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 8,445 Sqft
  • 444 Brickell - Miami
    444 Brickell Avenue, Brickell, Miami, FL 33131
    For Lease $34/Sqft/Year
    Property
    • Office
    Availability
    • 11 Spaces
    • 71,603 Sqft
  • New World Tower - Miami
    100 N Biscayne Blvd, Downtown Miami, Miami, FL 33132
    Contact for pricing
    Property
    • Office
    Availability
    • 42 Spaces
    • 75,543 Sqft
  • Courvoisier Centre I - Miami
    501 Brickell Key Drive, Brickell Key, Miami, FL 33131
    For Lease $25/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 2,900 Sqft
  • Boulevard Center - Miami
    1444 Biscayne Boulevard, Miami Media and Entertainment District, Miami, FL 33132
    For Lease $22/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 11,601 Sqft
  • Sunset Square Office Park A - Miami
    9485 Sunset Drive, Westernland - Mirosa, Miami, FL 33173
    For Lease $25/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 12,435 Sqft
  • 21/22 Center - Miami
    2103 Coral Way, Shenandoah, Miami, FL 33145
    For Lease $27/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 5,918 Sqft
  • 200 Building - Miami
    200 SE 1st St, Downtown Miami, Miami, FL 33131
    For Lease $34/Sqft/Year
    Property
    • Office
    Availability
    • 12 Spaces
    • 34,107 Sqft
  • 6303 Waterford at Blue Lagoon - Miami
    6303 Blue Lagoon Dr, Blue Lagoon Area, Miami, FL 33126
    Contact for pricing
    Property
    • Office
    Availability
    • 13 Spaces
    • 41,285 Sqft
  • 701 Brickell - Miami
    701 Brickell Avenue, Brickell, Miami, FL 33131
    For Lease $66/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 26,412 Sqft
  • Sunset Office Park - Miami
    9380 Southwest 72nd Street, Sunset Oaks, Miami, FL 33173
    For Lease $18/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 1,119 Sqft
  • 6505 Waterford - Miami
    6505 Blue Lagoon Dr, Blue Lagoon Area, Miami, FL 33126
    Contact for pricing
    Property
    • Office
    Availability
    • 6 Spaces
    • 54,141 Sqft
  • 6100 Waterford - Miami
    6100 Blue Lagoon Dr, Blue Lagoon Area, Miami, FL 33126
    Contact for pricing
    Property
    • Office
    Availability
    • 4 Spaces
    • 14,585 Sqft
  • 701 Waterford at Blue Lagoon - Miami
    701 NW 62nd Avenue, Blue Lagoon Area, Miami, FL 33126
    For Lease $28/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 40,485 Sqft
  • Chesterfield Smith Center - Miami
    4343 West Flagler Street, Flagami, Miami, FL 33134
    For Lease $27/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 3,506 Sqft
  • The Forum of Sunset - Back Bldg - Miami
    9425 Sunset Drive, Westernland - Mirosa, Miami, FL 33173
    For Lease $25/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 2,251 Sqft
  • Bayview Executive Plaza - Miami
    3225 Aviation Avenue, Northeast Coconut Grove, Miami, FL 33133
    For Lease $46/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 10,793 Sqft
  • Kendall Summit - Miami
    11400 North Kendall Drive, Valleys of Kendall - Lenox Wood, Miami, FL 33176
    For Lease $29 - $30/Sqft/Year
    Property
    • Office
    Availability
    • 7 Spaces
    • 17,314 Sqft
  • 200 South Biscayne Boulevard - Miami
    200 South Biscayne Boulevard, Downtown Miami, Miami, FL 33131
    For Lease $1,000/Sqft/Month
    Property
    • Flex Space
    Availability Contact for availability

Miami, FL Commercial Real Estate

There are currently 836 commercial listings available in Miami, FL. These listings include 900 commercial spaces that encompass a total of 5,361,930 square feet. Available commercial spaces in Miami, FL range in size from 141 square feet to 311,479 square feet. A total of 619 off-market commercial properties located in Miami, FL are also available for research.

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Miami, FL Economic Overview

Location Photo

The beautiful city of Miami is in Southeast Florida and has a population of 430,332, according to the U.S. Census Bureau 2014 data. Known as the “Cruise Capital of the World” the Port of Miami is the busiest port in passenger traffic and cruise lines.

Miami is considered one of America’s “Cleanest Cities” by Forbes, and it is a major tourism city, which ranked #2 in tourism after New York City. Even with all the hits the City’s economy sustained during the recession, Miami is still one of the most desirable places to travel, in the U.S. As the market is steadily recovering after the housing crisis, the Miami commercial real estate market can only go up from here.

Major industries in Miami include tourism, finance, and international trade. The Port of Miami accounts for 176,000 jobs and, in 2011, had an annual economic impact of $18 billion. With 38 million tourists coming into Miami annually, the industry generates $17.1 billion for the city. There is a considerably high population of Latinos in Miami, making Spanish Media a very successful industry niche here. Major Spanish language media outlets in Miami include Univisión, Telemuno, and UniMÁS which are not only headquartered in Miami, but also have their production studios in the city. Other major music recording centers include Sony Music Latin and Universal Music Latin Entertainment.

Miami, FL Commercial Real Estate Market

As the market begins to recover in the years following the recession, Miami is starting to focus on commercial development. In 2016, the New York Times observed that Miami is emerging from the recession as residential and commercial developments grow. Commercial growth combined with employment growth and economic stability, Miami is catching the attention of developers and investors.

South: South Miami is a highly desirable location and it brings in a significant amount of the tourist traffic that comes to the region. When the economy of Miami started to show signs of recovering from the recession, developers looked to the south first because of its great views and beautiful beaches. There is a retail-driven mindset for developers in this area, with the intent of revitalizing the region. The Shops at Sunset Place commanded $110 million in the most recent sale and the buyers’ plan is to restore the aging outdoor mall. There are several other development plans similar to this which is a sign of good things to come in the near future for Miami.

North Miami: with the cost of living in South Miami skyrocketing, developers are looking north in an effort to find affordable development space. According to the New York Times, along the 24-mile-long coastal stretch, developers are planning 83 new residential towers, with roughly 7,900 units. As development in the south grows and becomes more expensive, the north will attract development as well, due to proximity and current affordability.

Downtown Miami: Located on the eastern side of the city, Downtown Miami is the central business district of South Florida and the largest, most influential business district in the state. Brickell in renowned for its skyline and rapid development. Downtown is home to several domestic and international banks, financial headquarters, and tourist attractions, while still maintaining a large residential population. The New York Times estimates that over the next five years, businesses in Miami are expected to add almost 20,000 office jobs and some 385,000 square feet of new office space is under construction. Commercial real estate is in high demand in all the city’s submarkets, including areas such as Wynwood, Allapattah and Miami Shores.

Miami, FL Office Rental Rates ($/SF/year)

Data provided by Yardi Matrix, for properties larger than 50K SF.

Miami, FL Office Sales

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Miami, FL Commercial Inventory Breakdown

Office Spaces

Total: 49,534,601 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 8,629,911 SF / 17.42% of total office
  • 100k to 500k SF: 25,431,521 SF / 51.34% of total office
  • 500k to 1M SF: 10,240,907 SF / 20.67% of total office
  • > 1M SF: 5,232,262 SF / 10.56% of total office

By class:

  • Class A+: 7,087,653 SF / 14.31% of total office
  • Class A: 20,988,994 SF / 42.37% of total office
  • Class B: 10,445,427 SF / 21.09% of total office
  • Class C: 523,513 SF / 1.06% of total office

Industrial

Total: 22,550,187 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 7,522,013 SF / 33.36% of total industrial
  • 100k to 500k SF: 13,496,306 SF / 59.85% of total industrial
  • 500k to 1M SF: 1,531,868 SF / 6.79% of total industrial

By class:

  • Class A: 2,217,248 SF / 9.83% of total industrial
  • Class B: 11,892,685 SF / 52.74% of total industrial
  • Class C: 3,580,001 SF / 15.88% of total industrial

Office Spaces with Retail

Total: 30,113,628 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 7,931,085 SF / 26.34% of total office with retail
  • 100k to 500k SF: 14,417,959 SF / 47.88% of total office with retail
  • 500k to 1M SF: 5,274,170 SF / 17.51% of total office with retail
  • > 1M SF: 2,490,414 SF / 8.27% of total office with retail

By class:

  • Class B: 166,000 SF / 0.55% of total office with retail

Employment in Miami, FL

Employment

Listed below are the top 5 professions and the percentage of Miami residents that they employ:

  • Sales, Office, Administrative Support (22.63%)
  • Management, Business, Finance (17.87%)
  • Food Preparation, Serving (13.83%)
  • Building Maintenance (6.77%)
  • Production, Transportation, Material Moving (5.68)

The unemployment rate in Miami is 5.2%. which is roughly on par with the U.S. unemployment rate. Top employers in Miami include Publix Super Market, Baptist Health South Florida, The University of Miami, American Airlines, and Precision Response Corporation.

Education in Miami, FL

Approximately 73% of residents in Miami have a high school diploma or equivalent and 24% have a bachelor’s degree or higher. There are 49 colleges within 50 miles of Miami, among which are are The University of Miami, Al Miami International University of Art and Design, Miami Dade College, Miami Ad School, and Talmudic College of Florida.

Commuting Time in Miami, FL

The average commute time in Miami is 25 minutes, slightly above the U.S. average of 24.8 minutes. Approximately 53.01% of commuters travel by single car and 6.92% of commuters carpool. Roughly 10.41% of commuters use public transportation and 5.08% choose to bike. What is most notable here is that 12.92% of commuters walk, making Miami one of the country’s most walkable places to live.

Miami Demographics

Population

  • Total Population451,214
  • Male Population(49.3 %) 222,273
  • Female Population(50.7 %) 228,941
  • Median Age40.20

Income/Financial

  • Average Household Income$64,540
  • Median Household Income$36,638
  • Median Income Under 25$29,701
  • Median Income 25-44$48,531
  • Median Income 45-64$40,093
  • Median Income Over 65$19,669

News

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