Miami Gardens, FL
Commercial Real Estate Market Trends & Data

$661 Avg asking sale price
$29 Avg asking lease rate
10,640 SF Avg unit lease size
16,109 SF Avg building size for sale
7.88% 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]}} Market Metrics Near Miami Gardens, FL

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Miami Gardens $364 12,937 SF 8.90%
West Park $390 5,022 SF 5.56%
Hialeah Lakes $305 25,666 SF 7.33%
Pembroke Park $390 5,022 SF 5.56%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Miami Gardens $473 16,569 SF 8.90%
West Park $421 4,117 SF 7.06%
Hialeah Lakes $874 12,623 SF 7.70%
Pembroke Park $390 5,022 SF 5.56%
Nearby Retail Markets Avg Cost/SF Typical Size
Miami Gardens $1,579 11,055 SF
Opa Locka $2,411 10,818 SF
West Park $584 3,257 SF
Hialeah Lakes $230 40,266 SF
Pembroke Park $514 3,581 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Miami Gardens $272 11,627 SF 8.90%
Opa Locka $209 14,882 SF 7.17%
West Park $450 7,294 SF 6.99%
Hialeah Lakes $3,336 5,300 SF 7.70%
North Miami $382 13,626 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.
For Sale

Caribbean Shoppes

Miami, FL 33169

  • 25,776 SF Retail Building
  • 7.62% Cap Rate
  • $9,425,000
For Sale

EXTRAORDINARY REALTY GROUP- Vacant Lot

Miami Gardens, FL 33056

  • 0.19 AC Lot
  • 1 Commercial Lot
  • $875,000
For Sale

5720 Hallandale Beach Blvd

West Park, FL 33023

  • 1,500 SF Retail Building
  • $895,000
For Sale

3251-3255 NW 183rd St

Opa-locka, FL 33056

  • 5,092 SF Retail Building
  • $1,400,000
For Sale

Northridge Apartments

Miami, FL 33169

  • 32,988 SF Multifamily
  • 6.66% Cap Rate
  • $7,000,000
For Sale

41 William Rd

West Park, FL 33023

  • 2,780 SF Retail Building
  • $1,890,000

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 Gardens pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Miami Gardens $661 16,109 SF
Opa Locka $990 18,860 SF
West Park $490 4,842 SF
Hialeah Lakes $735 17,996 SF
Pembroke Park $514 3,581 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