Highlights
- The average rent for office space in Fort Lauderdale is $47.24 per square foot, 36.76% higher compared to the previous year.
- The average sale price for office space in Fort Lauderdale is $403.13 per square foot, marking an increase of 143.35% compared to 2024.
- The market’s vacancy rate stands at 17.14%, higher than the state average of Florida, which is 15.13%.
- Renting Class A/A+ office space here costs $55.87 per square foot, while Class B averages $26.94 and Class C stands at $23.94.
- 243,151 square feet is currently under construction.
2025 Office Space Rent & Sales
- $47.24 2025 Avg. Asking Rent
- 36.76% Y-o-Y Avg. Asking Rent Change
- 17.14% 2025 Office Vacancy Rate
- $541.1M2025 Total Office Sales
- $403.13Avg. Sale Price/SF
What is the average asking rent price for office space in Fort Lauderdale?
Average asking rents for office space here stand at $47.24 per square foot. The local office market recorded an average vacancy rate of 17.14% in 2025, unchanged from 17.14% in 2024.
Office transactions in the local market in 2025 totaled a sales volume of $541.1M across 13 sales. These transactions commanded an average sale price per square foot of $403.13.
Fort Lauderdale, FL Office Asking Rents by Class
What is the average office rent per square foot by property class in Fort Lauderdale?
- Avg. Asking Rent Class A & A+$55.87
- Avg. Asking Rent Class B$26.94
- Avg. Asking Rent Class C$23.94
The average asking rent for Class A and A+ office space stood at $55.87 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Fort Lauderdale averaged $26.94 per square foot, while the average for Class C space was $23.94 per square foot.
What is the average office rent per square foot by property class in FL?
- Avg. Asking Rent Class A & A+$45.91
- Avg. Asking Rent Class B$27.03
- Avg. Asking Rent Class C$19.30
For comparison, the average rent for Class A and A+ office space in Florida was $45.91 per square foot. The state-wide average for Class B space was $27.03 per square foot, and Class C office spaces averaged $19.30 per square foot.
Fort Lauderdale, FL Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Fort Lauderdale - Central Business District | $73.24 | 20.38% |
| Fort Lauderdale - Central | $46.63 | 24.27% |
| Plantation | $40.59 | 13.52% |
| Weston | $37.69 | 21.34% |
| Pembroke Pines | $37.06 | 21.56% |
| Fort Lauderdale - South | $33.83 | 23.68% |
| Fort Lauderdale - North | $30.32 | 16.03% |
| Fort Lauderdale - West | $28.48 | 3.92% |
| Sunrise | $27.33 | 10.02% |
| Tamarac | $20.35 | 46.98% |
2025 Office Sales Volume
- $403.132025 Avg. Price per SF
- $541.1M2025 Office Sales Volume
- 132025 Number of Transactions
What is the average sale price per square foot for office space in Fort Lauderdale?
Average sale prices for office space in this market recorded a +143.35% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $403.13 per square foot. For comparison, the statewide Florida average during the same time period stood at $209.15 per square foot, while the national average was $182.48 per square foot.
Fort Lauderdale, FL Sale Price per SF Trend
- Fort Lauderdale Avg. Sale Price per SF in 2025$403.13
- Florida Avg. Sale Price per SF in 2025$209.15
What was the total office sales volume in Fort Lauderdale in 2025?
The local office market recorded 13 deals in 2025, adding up to a yearly sales volume of $541.1M.
- Fort Lauderdale, FL Total Office Sales Volume in 2025 $541.1M
- Fort Lauderdale, FL Total Number of Office Sales Closed in 2025 13
What were the largest office building sales in Fort Lauderdale in 2025?
The market’s largest transaction last year was the sale of Bank of America Plaza at Las Olas City Centre for $221,000,000 on 2/21/2025. The next-highest sale was the transaction involving Airport Commerce Park, which traded for $18,250,000. The third-largest transaction was the sale of 2001 South Andrews Avenue for $16,000,000.
| Property name | Address | Date | Price |
|---|---|---|---|
| Bank of America Plaza at Las Olas City Centre | 401 East Las Olas Blvd | 2/21/2025 | $221,000,000 |
| Airport Commerce Park | 4101 Ravenswood Road | 3/13/2025 | $18,250,000 |
| 2001 South Andrews Avenue | 2001 South Andrews Avenue | 9/8/2025 | $16,000,000 |
| Broward Corporate Center | 4491 South State Road 7 | 7/7/2025 | $16,000,000 |
| Centennial Bank Building | 2601 East Oakland Park Blvd | 5/1/2025 | $13,500,000 |
Office Construction in Fort Lauderdale, FL
- Fort Lauderdale, FL Total SF under construction in 2026 243,151
What are the largest recent office completions in Fort Lauderdale?
The largest recent office completion here is Las Olas Square at 218,635 square feet, completed in 1991. The next largest completions are Las Olas Centre and Courthouse Place.
| Office building | Address | SF | Completed |
|---|---|---|---|
| The 550 Building | 550 South Andrews Avenue, 33301 | 101,840 | 2019 |
| Cypress Creek Medical Pavilion | 2122 West Cypress Creek Road, 33309 | 82,000 | 2018 |
| Courthouse Place | 12 SE 7th St, 33301 | 183,596 | 2008 |
| Pinnacle Corporate Park - Building II | 550 W Cypress Creek Rd, 33309 | 117,860 | 2001 |
| Fort Lauderdale Professional Office | 330 Davie Boulevard, 33315 | 2,034 | 2001 |
| 720 NE 3rd Ave | 720 NE 3rd Ave, 33304 | 1,519 | 2001 |
| Lakeshore Business Center - III | 3125 W Commercial Blvd, 33309 | 38,889 | 2000 |
| Las Olas Centre | 350-450 E. Las Olas Boulevard, 33301 | 211,741 | 1999 |
| BFO Cypress Creek | 1000 NW 65th St , 33309 | 40,270 | 1997 |
| Las Olas Square | 515 E Las Olas Blvd, 33301 | 218,635 | 1991 |
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.