Miami Springs, FL
Commercial Real Estate Market Trends & Data

$500 Avg asking sale price
$1,766 Avg asking lease rate
16,219 SF Avg unit lease size
37,486 SF Avg building size for sale
16.59% Average cap rate

Miami Springs's Demographic Profile

Miami Springs has 4,507 households and a median income of $75,683, 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 12,417
# Households 4,507
Median age 46
Median household income $75,683
Avg household size 3.0
Renter-occupied housing units 1,707
5-year population change -4%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Miami Springs $109 92,411 SF 23.61%
Virginia Gardens $154 105,104 SF 23.61%
Doral $569 27,953 SF 8.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Doral $436 13,476 SF 5.21%
Medley $360 7,601 SF 7.70%
Nearby Retail Markets Avg Cost/SF Typical Size
Miami Springs $1,119 9,288 SF
Doral $661 2,766 SF
West Miami $428 17,360 SF
Medley $1,170 2,726 SF
Opa Locka $2,187 10,466 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Doral $250 34,716 SF 5.37%
Medley $309 9,397 SF 7.70%
Opa Locka $212 14,882 SF 7.17%
Hialeah $1,568 6,538 SF 7.70%

Commercial Properties For Sale in Miami Springs

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

Hialeah MF Development Site

Hialeah, FL 33010

  • 1.14 AC Lot
  • 1 Commercial Lot
  • $6,100,000
For Sale

365 N Royal Poiciana Blvd

Miami Springs, FL 33166

  • 3,576 SF Retail Building
  • 6.11% Cap Rate
  • $1,650,000
For Sale

Vacant land

Miami, FL 33142

  • 1.63 AC Lot
  • 1 Commercial Lot
  • $12,500,000
For Sale

Oceanmar Park Apartments

Hialeah, FL 33010

  • 6 AC Lot
  • 1 Commercial Lot
  • $42,000,000
For Sale

6965 NW 46th St

Miami, FL 33166

  • 16,284 SF Industrial Building
  • $6,495,000
For Sale

Cabana Hialeah Multi-Family

Hialeah, FL 33010

  • 9,926 SF Multifamily
  • $6,900,000

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

Commercial Markets Avg Cost/SF Average Size
Miami Springs $500 37,486 SF
Virginia Gardens $154 105,104 SF
Doral $524 19,108 SF
West Miami $294 6,126 SF
Medley $546 7,141 SF

Regional Demographic Comparison

This comparison places Miami Springs 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 Springs or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Miami Springs 12,417 4,507 46 $75,683 3 1,707 -4%
Virginia Gardens 2,143 820 46 $69,444 3 429 -4%
Doral 81,780 26,795 37 $78,959 3 15,531 1%
West Miami 7,425 2,859 42 $67,343 3 1,538 -1%
Medley 2,861 363 42 $42,972 3 154 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Miami Springs, 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 Springs

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

Miami Springs 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 Springs?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Miami Springs. 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 Springs?

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

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

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Miami Springs. 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 Springs acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Miami Springs, 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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