For Sale
Miami Beach, FL
Commercial Real Estate Market Trends & Data
$736
Avg asking sale price
$73
Avg asking lease rate
3,231 SF
Avg unit lease size
18,353 SF
Avg building size for sale
5.56%
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{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Miami Beach | $678 | 5,948 SF | 7.35% |
| Biscayne Park | $540 | 6,480 SF | 4.71% |
| North Miami | $510 | 2,980 SF | 4.71% |
| North Miami Beach | $432 | 7,623 SF | 8.90% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Miami Beach | $684 | 7,109 SF | 5.95% |
| Miami Shores | $494 | 4,861 SF | 5.01% |
| North Miami | $478 | 22,532 SF | 5.01% |
| North Miami Beach | $489 | 10,015 SF | 8.90% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Miami Beach | $808 | 8,028 SF |
| North Miami | $487 | 8,164 SF |
| North Miami Beach | $1,122 | 5,948 SF |
| Opa Locka | $2,411 | 10,818 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Miami Beach | $650 | 19,971 SF | 7.11% |
| North Miami | $382 | 13,626 SF | 7.10% |
| North Miami Beach | $269 | 13,328 SF | 8.90% |
| Opa Locka | $209 | 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.
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
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 | $736 | 18,353 SF |
| Miami Shores | $617 | 8,376 SF |
| Surfside | $556 | 8,230 SF |
Multifamily Properties For Sale in Miami Beach
For Sale
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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