For Sale
Miami Gardens, FL
Commercial Real Estate Market Trends & Data
$645 per SF
Avg asking sale price
$29 per SF
Avg asking lease rate
9,207 SF
Avg unit lease size
16,660 SF
Avg building size for sale
7.87%
Average cap rate
Miami Gardens's Demographic Profile
Miami Gardens has 30,724 households and a median income of $51,812, providing context for rent absorption and tenant demand across retail and multifamily assets. A -4% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 102,143 |
| # Households | 30,724 |
| Median age | 39 |
| Median household income | $51,812 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 11,566 |
| 5-year population change | -4% |
{{marketTabHeadings[activeMarketTab]}}
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Miami Gardens | $358 | 15,360 SF | 8.90% |
| West Park | $665 | 8,917 SF | 5.56% |
| Hialeah Lakes | $324 | 22,608 SF | 7.33% |
| Pembroke Park | $482 | 8,917 SF | 5.56% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Miami Gardens | $499 | 17,615 SF | 8.90% |
| West Park | $606 | 4,137 SF | 5.56% |
| Hialeah Lakes | $899 | 12,024 SF | 7.70% |
| Pembroke Park | $482 | 8,917 SF | 5.56% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Miami Gardens | $1,411 | 10,886 SF |
| Opa Locka | $3,221 | 13,860 SF |
| West Park | $561 | 3,313 SF |
| Hialeah Lakes | $268 | 37,542 SF |
| Pembroke Park | $553 | 3,849 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Miami Gardens | $273 | 11,361 SF | 8.90% |
| Opa Locka | $209 | 14,882 SF | 7.17% |
| West Park | $485 | 6,011 SF | 7.17% |
| Hialeah Lakes | $4,600 | 5,300 SF | 7.70% |
| North Miami | $340 | 10,665 SF | 7.10% |
Commercial Properties For Sale in Miami Gardens
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 Gardens pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Miami Gardens | $645 | 16,660 SF |
| Opa Locka | $1,045 | 19,421 SF |
| West Park | $540 | 4,363 SF |
| Hialeah Lakes | $739 | 17,358 SF |
| Pembroke Park | $563 | 3,500 SF |
Regional Demographic Comparison
This comparison places Miami Gardens 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 Gardens or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Miami Gardens | 102,143 | 30,724 | 39 | $51,812 | 3 | 11,566 | -4% |
| Opa Locka | 15,409 | 5,400 | 37 | $27,600 | 3 | 3,838 | -3% |
| West Park | 13,298 | 3,952 | 37 | $55,408 | 3 | 1,440 | -3% |
| Hialeah Lakes | 99,490 | 34,385 | 41 | $60,716 | 3 | 18,203 | -3% |
| Pembroke Park | 9,076 | 3,592 | 40 | $39,046 | 3 | 2,040 | 7% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Miami Gardens, 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 Gardens
View All Commercial Real Estate For Sale in Miami Gardens
Is Miami Gardens a good market for a first-time commercial real estate investor?
Miami Gardens 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 Gardens?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Miami Gardens. 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 Gardens?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Miami Gardens. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Miami Gardens compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Miami Gardens. 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 Gardens acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Miami Gardens, 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.
Nearby Market Trends
- Miami Market Trends
- Fort Lauderdale Market Trends
- Hollywood Market Trends
- Hallandale Beach Market Trends
- Hialeah Market Trends
- Aventura Market Trends
- Miami Beach Market Trends
- Coral Gables Market Trends
- Oakland Park Market Trends
- Kendall Market Trends
- Doral Market Trends
- Dania Beach Market Trends
- North Miami Beach Market Trends
- North Miami Market Trends
- Medley Market Trends
- Lauderhill Market Trends
- Davie Market Trends
- Sunrise Market Trends
- Plantation Market Trends
- Tamarac Market Trends
- Hialeah Lakes Market Trends
- Pembroke Pines Market Trends
- Opa Locka Market Trends
- Wilton Manors Market Trends
- Miramar Market Trends
- Margate Market Trends
- Coconut Grove Market Trends
- Lauderdale Lakes Market Trends
- View more
- View less
