Coworking Spaces in Miami, FL
Home to over 6.1 million residents, the Miami metropolitan area is the seventh largest in the U.S. Miami earned the classification as an Alpha level global city as a result of the dense concentration of businesses in the finance, culture, commerce, and international trade sectors.
The Miami coworking scene is powered by its diverse mix of businesses and workforce. The city has the 12th largest GDP in the nation with an economy driven by a dynamic blend of national and global business activity, information exchange, and human capital.
Between 2013 and 2017 the number of freelancers in Miami has grown to almost 24,000 from 19,000, accounting for over 10% of the total workforce in the city. According to the U.S. Census Bureau, Florida has shown the largest increase in non-employer businesses. In Miami alone, nearly 11% of all freelancers work in the information services sector.
Coworking Market in Miami, FL
With 109 coworking locations and a total of nearly 2.3 million square feet of coworking spaces, Miami ranks among the top 13 coworking metro areas in the U.S. The share of urban office space in Miami used for coworking is now 5.8%, giving the city the number two ranking just behind the Carolina Triangle. In suburban Miami, coworking spaces make up 1.9% of the total office market.
Miami is home to the headquarters of the Latin American operations for over 1,400 corporations including AIG, Cisco Systems, Microsoft, Oracle, Sony, and Symantec. Freelancers working in the high-tech industry are some of the biggest users of coworking space who help drive demand for flexible office space. According to JLL, in Q1 2019 alone, 270,000 square feet of office space was leased for coworking use in Miami.
The number of Miami residents holding bachelor’s degrees or higher is also rapidly growing. Between 2013 and 2017 the number of degree holders increased by over 35%. The fields of science and engineering, business, education, and the arts all had double-digit increases, with the science and engineering related fields growing by nearly 66%.
Update: COVID-19’s Impact on Commercial Real Estate
May 21, 2020
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COVID-19’s Impact on Commercial Real Estate
April 10, 2020
The economy was on a roll in February. Even as the severity of the pandemic was taking shape in China, the U.S. remained on the upswing. But, since then, the economy, markets, jobs and businesses have been dwindling. Last week, Yardi Matrix hosted a webinar on how COVID-19 is affecting commercia...
Why Coworking Options Are A Brilliant Employee Perk
March 23, 2020
Coworking is a great option for many people. But the flexible working opportunities these spaces offer also bring a range of benefits to enterprises. So, should you offer coworking as an employee perk? Benefits are an important component of your employment package. Research reveals 78% of worker...
What is coworking?
Coworking is a collaborative and flexible work style that involves a shared workplace or shared office space. The difference between coworking and traditional offices is that people who work in a coworking space don’t usually work for the same company or organization. This is why these collaborative work spaces appeal to freelancers, small businesses, solopreneurs, and independent workers. The coworking provider that manages the space handles all the services and amenities, to make sure all individual needs are covered. Many coworking spaces offer services such as event space and conference rooms, free wi-fi, virtual business addresses, 24/7 access, pet-friendly policies, printer and fax services, as well as the ability to rent office space by the hour, the day, the month, or long-term.
How to find the right coworking space in Miami, FL
CommercialCafe is your go-to source for finding coworking & shared spaces in Miami, FL. Search our selection of in Miami, FL coworking spaces and find the right provider for your workspace needs. Our database includes 22 coworking office properties, so you can easily find your space and start working. Use our advanced search feature and filters to find the right shared office space, by selecting your desired price, neighborhood, and amenities such as complimentary Wi-Fi, coffee and tea, printing and scanning services or pet-friendly policies. Whether you’re looking to rent office space for a day, trying to find an hourly office rental, or searching for a longer-term option, we’ve got you covered.