2023 Office Space Rent & Sales
- $35.05 2023 Avg. Asking Rent
- 0.90% Y-o-Y Avg. Asking Rent Change
- 19.66% 2023 Office Vacancy Rate
Miramar office price per square foot in 2023 was $35.05 on average. This marked a +0.90% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 19.66% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Florida Class A & A+ Office Space$36.87
- Florida Class B Office Space$27.52
- Florida Class C Office Space$32.32
Miramar, FL Office Asking Rents by Class
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2023 Office Construction in Miramar, FL
Office building | Address | SF | Completed |
---|---|---|---|
Miramar Tech Center | 2900 Monarch Lakes Blvd, 33027 | 56,710 | 2018 |
Professional Center at Riviera Point - 7971 Riviera Blvd | 7971 Riviera Blvd, 33023 | 39,357 | 2015 |
Liberty Center at Monarch Lakes | 3100 SW 145th Avenue, 33027 | 104,337 | 2008 |
Miramar Centre III | 3601 SW 160th Avenue, 33027 | 96,179 | 2006 |
Huntington Corporate Park - 3000 SW 148th Avenue | 3000 SW 148th Avenue, 33027 | 53,606 | 2003 |
Miramar Centre Office Building I | 3401 SW 160th Ave, 33027 | 94,392 | 2001 |
Huntington Centre - II | 2801 SW 149th Avenue, 33027 | 91,675 | 2001 |
Huntington Square III | 3350 SW 148th Avenue, 33027 | 154,090 | 2000 |
Huntington Centre - I | 2901 SW 149th Avenue, 33027 | 91,656 | 2000 |
3700 Lakeside Drive | 3700 Lakeside Drive, 33027 | 145,755 | 1996 |
Worth noting among recent office completions on the Miramar market is Miramar Tech Center, which is currently the largest new office development in the city, at 56,710 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Miramar commercial properties sized 25,000 square feet or larger.
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 CommercialEdge can guarantee that the information provided is complete.