Miramar, FL
Commercial Real Estate Market Trends & Data

$520 Avg asking sale price
$263 Avg asking lease rate
10,209 SF Avg unit lease size
6,325 SF Avg building size for sale
5.55% Average cap rate

Miramar's Demographic Profile

Miramar has 38,531 households and a median income of $82,145, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 125,845
# Households 38,531
Median age 38
Median household income $82,145
Avg household size 3.0
Renter-occupied housing units 13,114
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Miramar, FL

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Pembroke Pines $468 4,615 SF 11.00%
Hialeah Lakes $305 25,666 SF 7.33%
Miami Lakes $305 25,666 SF 7.33%
Hollywood $544 6,170 SF 11.01%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Miramar $352 8,082 SF 7.06%
Pembroke Pines $435 4,682 SF 7.06%
Hialeah Lakes $876 22,052 SF 7.70%
Miami Lakes $325 12,655 SF 4.34%
Hollywood $402 10,949 SF 7.06%
Nearby Retail Markets Avg Cost/SF Typical Size
Miramar $671 4,266 SF
Pembroke Pines $4,597 3,856 SF
Hialeah Lakes $299 42,768 SF
Miami Lakes $294 41,840 SF
Hollywood $1,608 5,628 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Miramar $471 8,200 SF 6.83%
Pembroke Pines $15,826 1,433 SF 6.88%
Hialeah Lakes $3,336 5,300 SF 7.70%
Hollywood $1,665 9,977 SF 20.36%
Miami Gardens $277 10,534 SF 8.90%

Commercial Properties For Sale in Miramar

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

6142 SW 40th Ct

Miramar, FL 33023

  • 1,502 SF Multifamily
  • 6.74% Cap Rate
  • $479,000
For Sale

2110 SW 60th Way

Miramar, FL 33023

  • 2,639 SF Industrial Building
  • $800,000
For Sale

Pembroke Oaks

Pembroke Park, FL 33023

  • 7.09 AC Lot
  • 1 Commercial Lot
  • $15,750,000
For Sale

5836 Rodman St

Hollywood, FL 33023

  • 3,600 SF Industrial Building
  • 7.06% Cap Rate
  • $2,550,000
For Sale

2591 S state Road 7 West Park FL, 33032

Miramar, FL 33023

  • 0.62 AC Lot
  • 1 Commercial Lot
  • $1,600,000
For Sale

Miramar Apartments

Miramar, FL 33023

  • 3,964 SF Multifamily
  • 6.00% Cap Rate
  • $2,995,000

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

Commercial Markets Avg Cost/SF Average Size
Miramar $520 6,325 SF
Pembroke Pines $2,865 4,593 SF
Hialeah Lakes $737 25,425 SF
Miami Lakes $315 20,023 SF
Hollywood $958 8,871 SF

Regional Demographic Comparison

This comparison places Miramar 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 Miramar or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Miramar 125,845 38,531 38 $82,145 3 13,114 -2%
Pembroke Pines 159,691 57,976 43 $77,809 3 18,378 -2%
Hialeah Lakes 99,490 34,385 41 $60,716 3 18,203 -3%
Miami Lakes 28,399 10,301 43 $89,055 3 3,781 -3%

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

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

Miramar 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 Miramar?

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

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

How does Miramar compare to nearby commercial real estate markets?

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

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