Miami Beach, FL
Commercial Real Estate Market Trends & Data

$783 Avg asking sale price
$70 Avg asking lease rate
7,093 SF Avg unit lease size
19,020 SF Avg building size for sale
5.41% Average cap rate

Miami Beach's Demographic Profile

Miami Beach has 56,012 households and a median income of $65,182, providing context for rent absorption and tenant demand across retail and multifamily assets. A +5% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 108,019
# Households 56,012
Median age 46
Median household income $65,182
Avg household size 2.0
Renter-occupied housing units 33,877
5-year population change +5%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Miami Beach, FL

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Miami Beach $747 5,336 SF 7.35%
North Miami Beach $419 7,916 SF 8.90%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Miami Beach $954 2,040 SF 1.00%
Miami Shores $494 4,861 SF 5.01%
North Miami $425 17,054 SF 5.01%
North Miami Beach $494 10,287 SF 8.90%
Nearby Retail Markets Avg Cost/SF Typical Size
Miami Beach $868 7,999 SF
North Miami $561 8,052 SF
North Miami Beach $938 6,164 SF
Opa Locka $2,187 10,466 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Miami Beach $702 21,887 SF 7.11%
North Miami $331 13,412 SF 7.59%
North Miami Beach $275 13,911 SF 8.90%
Opa Locka $212 14,882 SF 7.17%

Commercial Properties For Sale in Miami Beach

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

The Apartments on 73rd

Miami, FL 33141

  • 5,450 SF Multifamily
  • 5.57% Cap Rate
  • $2,250,000
For Sale

6080 Design Hotel

Miami Beach, FL 33140

  • 69,746 SF Hospitality
  • $39,900,000
For Sale

744 85th St

Miami Beach, FL 33141

  • 5,980 SF Multifamily
  • $1,450,000
For Sale

934 Meridian Ave

Miami Beach, FL 33139

  • 7,168 SF Multifamily
  • 5.16% Cap Rate
  • $4,300,000
For Sale

1535 West

Miami Beach, FL 33139

  • 7,392 SF Multifamily
  • 5.70% Cap Rate
  • $4,250,000
For Sale

Approved 120 Key Hotel | Miami Beach

Miami Beach, FL

  • Lots
  • $16,500,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Miami Beach pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Miami Beach $783 19,020 SF
Miami Shores $870 8,376 SF

Multifamily Properties For Sale in Miami Beach

For Sale

" Bulk Condo Sale" The Amethyst Condominiums

Miami Beach, FL 33140

  • 135,982 SF Multifamily
  • Price Upon Request
For Sale

Palau At Sunset Harbour

Miami Beach, FL 33139

  • 199,355 SF Multifamily
  • $1,300,000

Regional Demographic Comparison

This comparison places Miami Beach alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Miami Beach or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Miami Beach 108,019 56,012 46 $65,182 2 33,877 5%
Miami Shores 11,311 3,397 38 $129,813 3 478 -2%
El Portal 2,068 770 44 $90,732 3 170 -2%
Surfside 7,892 3,134 46 $74,092 3 1,023 7%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Miami Beach, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Miami Beach

View All Commercial Real Estate For Sale in Miami Beach
Is Miami Beach a good market for a first-time commercial real estate investor?

Miami Beach offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Miami Beach?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Miami Beach. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Miami Beach?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Miami Beach. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Miami Beach compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Miami Beach. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Miami Beach acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Miami Beach, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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